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Updated over 5 years ago on . Most recent reply

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Shayne Stuart Dawe
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House flipping mentorship program.

Posted

Seeking advice on deciding if I should go fourth with a 6 month fast track couching program for flipping houses into turnkey rentals, with fixandflip hub. The program last 6 months and costs 15,000. Just looking for some input before I spend that much money.

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James Wise#5 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
19,221
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28,193
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James Wise#5 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Replied
Originally posted by @Shayne Stuart Dawe:

Seeking advice on deciding if I should go fourth with a 6 month fast track couching program for flipping houses into turnkey rentals, with fixandflip hub. The program last 6 months and costs 15,000. Just looking for some input before I spend that much money.

 Maybe, maybe not. Depends on how you like to learn. There are no real secrets out there. Programs supply the information in a quick and easy to digest format but if you want you can find some of the information for free and some of it's going to be local to you and require you to get deep into the construction industry. In a nutshell the skills needed to be good at flipping houses are as follows

  • The ability to market to distressed sellers. 
  • The ability to sell the sellers on closing a deal with you.
  • The ability to accurately estimate repair scope and cost.
  • The ability to manage a construction crew and come in on time as well as within the budget.
  • The ability to accurately estimate the eventual resale vale of the property.
  • The ability to market and sell the property.

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