Looking to do my first flip

[Dillon Tweed]

Hello, my name is Dillon Tweed and I am new to real estate investing. I am 22 and looking to do a fix and flip or a live in flip if I get the opportunity. I have been doing construction/ contracting work since I got out of high school, and now work doing HVAC full time. I would greatly appreciate any advice on how house flippers in the area are coming across good properties, specifically which areas are people having the most success flipping homes, and just some over all advise.

Anything is appreciated, Thank you.

[Jerry Lucker]

Quote from @Dillon Tweed:

Hello, my name is Dillon Tweed and I am new to real estate investing. I am 22 and looking to do a fix and flip or a live in flip if I get the opportunity. I have been doing construction/ contracting work since I got out of high school, and now work doing HVAC full time. I would greatly appreciate any advice on how house flippers in the area are coming across good properties, specifically which areas are people having the most success flipping homes, and just some over all advise.

Anything is appreciated, Thank you.

You may want to consider how I started over 20 years ago and am still doing today. I now own a nice portfolio of income producing real estate – virtually all of it purchased with cash by flipping mobile homes in mobile home parks. Why this unusual business model?

High profit margins! Consistently between 50% and 200%. Examples: 1) $8,000 total investment, sold for $24,000. 2) $20,000 total investment, sold for $40,000. 3) $60,000 total investment, sold for $95,000. 4) $100,000 total investment, sold for $160,000.

Most investors have no understanding of how or why this unique housing niche works the way it does. There are several unusual factors that make this possible. Mobile homes are considered personal property, not real estate. They are bought and sold quickly and easily - just like a car. Misconceptions and myths keep competition almost non-existent. The business model works the same way in 49 states (no mobiles in Hawaii).

I’m a big fan of real estate and BiggerPockets. I’m also a big fan of having a method to accumulate nice chunks of cash, rapidly, without borrowing (especially hard money).

May you have Great Fortune in your Endeavors!