If you’re like a lot of the new real estate investors that Christina and I have coached over the past few years, then you’ve probably already done your research and you know on some level what it takes to start making money flipping houses. But if you’re being honest with yourself, you just aren’t sure if you want to take … Read More
Flipping Houses Successfully Takes Work, but It’s Not Rocket Science
Every week I have the pleasure of hearing from our students who have had a profitable pay day. This is one of the highlights of my week. The students share the good, the bad and the ugly of their transactions and the solutions they implemented to solve the problem they created in the process. When a student follows the direction of … Read More
4 Easy Ways to Improve Your Home Selling Skills
When you work in the real estate investing business—especially in house flipping—it’s easy to start to think that houses sell themselves. In a way, they do. People buy our flip houses because they have beautifully designed floor plans and a bunch of updates, all for a fair market price. However, if we weren’t there to point out the improvements and … Read More
What is the Best Way to Start Building a Real Estate Network?
As you probably already know, the real estate business is all about reputation and relationships. As you’ve started to grow your real estate investing business, you’ve created and built relationships with real estate agents, contractors, wholesalers, and others in the real estate investing industry. With each new person you meet, you get access to even more people in the business, … Read More
What is the Number One Piece of Advice You Would Give to Someone Looking to Get Into House Flipping?
I think it’s a common belief among many people that house flipping is a “get rich quick” scheme, but really it’s quite the opposite. Tarek and I have spent many years flipping houses, and it took a lot of effort, time and patience to get to where we are today. When we first started flipping, we really didn’t know what … Read More
How Often Do Flips Turn Into Flops?
Often as a house flipper, it’s easy to get caught up into thinking that any old house will be able to return a good profit, but this isn’t true for every house. While house flipping can be a profitable business and can provide a steady source of income, many flip deals can end up turning into flops if you aren’t … Read More
Do I Need a Business License to Begin Flipping Houses?
A lot of new house flippers tend to be confused about business licenses, but for good reason. The world of business can be overwhelming, especially when you aren’t sure what direction you are supposed to be going in. Consider this. Are you planning on flipping one or two houses a year while still holding on to your full-time job? Or … Read More
How Much Time Will I Need to Dedicate to House Flipping in Order to Succeed?
This is a question that I could answer in one of two ways. Basically, when you’re flipping a house you can contribute as much or as little time as you’d like, but if you truly want to be successful you’re going to need to put in more than just a couple of hours a day. For example, if you are working a 9-to-5 … Read More
Will I Need to Quit My Job in Order to Begin Flipping Houses?
Investing in real estate when you have a full-time job may sound like quite the feat by itself, but top that off with family, friends and hobbies and you may be wondering how balancing everything is even possible without pulling your hair out. Tarek and I were full-time real estate agents before we stared flipping, which meant we didn’t have … Read More
What Can I Learn From a Success Path Real Estate Event?
In April 2014, Tarek and Christina El Moussa developed Success Path Education. The real estate education investment program was created to teach students the El Moussa’s successful investment methodologies and systems. Success Path is one of the most in-depth and comprehensive training programs in North America and Canada, and it provides students with an unparalleled level of support, mentoring and … Read More
