Looking For Help On Flipping House’s

[Robert Stevens]

Hi guys I’m new to flipping houses and was wondering if I can get some help from anyone looking to help a young and ambition guy looking to start in investing in Real estate I currently flip cars and travel trailers and make a good living on it but have always dreamt of flipping houses but have no idea what I’m doing but am eager to learn all about the business I live in Tacoma WA and meet such a wonderful Lady who pointed me to this website and gave me a kick start telling me if I can flip a car I can flip a house I will take any advice I can get Thanks for reading can’t wait to see we’re this Journey takes me 🤗

[Justin Koehn]

@Robert Stevens Welcome to BP! You're in the right place to learn. My advice would be two fold. 

1. Educate yourself - There are a ton of resources here (podcasts, books, forums). Also, find another flipper in the area and figure out how you could add value to their opperation (without just asking, "How can I help you?" (http://www.jairekrobbins.com/the-best-way-to-effec...) The more you learn, the more money you can save yourself from losing. 

2. Honestly evaluate your skills and mental bent. Flipping cars takes a lot of market knowledge and car knowledge. Houses are a lot bigger, more complex, and depend on many other people and regulatory bodies. Do you like to turn wrenches and swing hammers? Or do you like the hunt for a deal, networking with people, and organizing the business? 

Many successful flippers never pick up a hammer; many do. But, you need to know what you are best suited for and really enjoy doing. Are you looking for a job? Working for yourself is still a job if you don't get paid when you stop working. Or, are you looking for passive income and wealth generation? That might point you towards rentals. 

There are lots of ways to flip houses, and be involved in real estate. If you are not 100% sure you want to do this full time, I would recommend buying a house that you can live in and slowly flipping it. This gives you a lot of experience, financing is easy, and a lot of taxes could possibly be avoided if you live in it for 2+ years.