How NOT to Flip a House: An Embarrassing Story of Wasted Time, Money, and Opportunity
This may come as a shock to you, so you may wanna take a seat… but …. I make a lot of mistakes. I know – calm down people –…
This may come as a shock to you, so you may wanna take a seat… but …. I make a lot of mistakes. I know – calm down people –…
If you want to flip houses like on all of the reality flipping tv shows, you are going to have to fix those houses up. That should be obvious. If…
One of the students that I am working with texted me about a potential deal this last week. “They want $24k.” That was all I needed to hear. Well, that…
In a recent article entitled Mobile Home Park Due Diligence Checklist, I detailed the importance of a well-defined and executed due diligence plan. Additionally, I covered the basics of due diligence…
We are always hearing about things that we need to be doing and things that we need to not be doing, but they usually aren’t dicussed together. Do this, but…
Funny, coming from someone who doesn’t wholesale. I do know the basics about it though- you find properties for other buyers, flippers most likely, and do the double-closing thing or…
House flipping is awesome, right? I mean – it’s exciting, rewarding, liberating, and it can make a lot of money. However, it also can be dangerous if you don’t follow…
I vividly remember the day I decided to buy my first mobile home park. I was a complete beginner and didn’t have a clue what to do first, second or…
In case it wasn’t obvious, flipping houses can be risky business. We’re typically dealing with houses that cost tens and hundreds of thousand of dollars. The stakes are higher. The…
WARNING: TRAP NOT INCLUDED Do you need a mentor? Well no, but it sure does help. I’d wager to say that the vast majority of successful house flippers have had…
One of my favorite self-improvement gurus is Steven Covey. As you may know, Covey wrote the 7 Habits of Highly Effective People – and although he’s no longer with us,…
Once of the best pieces of advice I ever got when first learning how to flip houses had nothing to do with which houses I should buy. It was all…
History can be a great teacher of techniques that can be a game changer in today’s real estate market. Real Estate evolved in the early 2000’s to a 100% financing…