A lot of people will tell you that you can dip your toes into real estate investing by starting out as a wholesaler. And, when you first look into it, it seems like a good idea. It’s a lot like flipping houses, but instead of doing all the rehab work and taking all the time to get the house in … Read More
Do You Need A Lot of Money to Flip Houses?
Real estate funding is a big concern with house flippers. Christina and I are always asked by our Success Path students whether they need a lot of money to start flipping or even how they can find money. After all, most people don’t have $200,000 or more lying around in liquid assets that they can spend on a flip. Since money … Read More
6 Helpful Apps to Make Your Next Remodel a Breeze
Whether I’m purchasing paint or flooring for a flip, taking measurements of a home, or otherwise need interior design inspiration, my phone is always by my side! Many people are surprised to hear that I rely so much on my phone when I’m remodeling, but I consider it a must-have tool for my projects. If you need to lay out … Read More
15 of The Worst Real Estate Investing Mistakes A Beginner Can Make
Real estate investment can be a tough nut to crack. While some thrive in the industry and rise to the top, others struggle to find success. But what is it that creates the difference between the two? Is it personal drive and tried experience? Is it contingent strictly on the health and vitality of the industry? Or is it simply … Read More
3 Questions Buyers Will Ask You at an Open House - And How to Answer Them
I absolutely adore showing our flip houses. As much as I love getting an offer and closing on a great deal for us and our buyers, honestly, the best part of the whole process is seeing people’s faces when they walk in the door. I just can’t get enough of it when people walk in and basically fall in love … Read More
Is Snapchat the Next Big Social Media Platform for House Flippers?
Tarek and I are pretty much always looking for the latest and best ways to reach both buyers and sellers for our real estate investing business. We love helping people get out of bad situations with their mortgages, and nothing beats selling a beautifully rehabbed home to an excited buyer. To do that, we know that we have to stay … Read More
3 Surprising Places I Shop for Rehab Supplies
When it comes to finding a great deal, I’ve become a real master. After all, the key to fixing and flipping houses is to get a great deal upfront and then avoid paying too much for your rehabs. You don’t want to do poor work. You want to really bring the house up to its true market value with renovations … Read More
5 Things That Can Kill Your ARV
One of the things I love about making money flipping houses is figuring out how much a house will be worth after we finish our rehab work. Estimating our ARV (after-repair value) before we buy gives us a good idea of what we’re in for and how much we can spend on rehabs. If we can do this accurately, Christina … Read More
Will 2017 Be the Year of Your First Flip?
2016 is quickly coming to an end, which means 2017 is right around the corner. Tarek and I love to spend the last part of the year reviewing our business plan and taking the steps necessary to make sure we are ready to start flipping once the holidays are over. For brand new flippers and experienced investors alike, right now … Read More
4 Warning Signs to Watch Out for When Looking for a House to Flip
Finding a good house to flip can feel like a hassle when you don’t know what to look for, but it is extremely important if you actually want to make a profit off of your flip. The last thing you want to do is purchase a house that has foundational issues, a bad roof, or anything else that you will … Read More