Investor in San Diego

[Andre Herrera]

I am currently flipping 50 homes a year and am looking for new investors wanting to learn the ropes.  We have a profitable system in place and have one opening per week for one-on-one hands on training. We will show you the ropes in flipping houses, from scoping out new purchases, talking with top producing agents, site visits to our current flips, " how to buy materials and negotiate pricing " and an introduction to key real estate professionals in the area.

[Michael Swan]

Be careful out there people.  I remember a time not too long ago in San Diego where people were taunting flipping, wholesaling, etc...  That is why I have sold my first 4 rental condos in 2 San Diego suburbs (Santee and Lakeside) int he past year and 1031 exchanging them for apartment complexes in North East Ohio.  This summer I will be trading in 4 more for apartment complexes out odd state.  They are beginning to give mortgages to people that clearly can't handle their own finances.  It is getting scary out there.  Pretty soon people will be saying that we have to get in now and we will never be able to afford a house again.

When people start talking about something for nothing, instantaneous gratification Guru garbage, the end is not too far away.  Get your equity out and use it for these three rules.  1. It can't lose money 2. It must cash flow. Become financially free by replacing your W2 earned income with passive tax deferred cash flow.  I don't know about you, but I don't want another job.  That is what flipping is. It is also taxed at some of the highest tax rates too.

Swanny