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Updated about 12 years ago on . Most recent reply

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Brian Burke
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#1 Multi-Family and Apartment Investing Contributor
  • Investor
  • Santa Rosa, CA
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How I made $800,000 on one flip

Brian Burke
Pro Member
#1 Multi-Family and Apartment Investing Contributor
  • Investor
  • Santa Rosa, CA
Posted

So I just posted my first article for the BiggerPockets blog. After hitting what I'd call a Grand Slam flip that produced a net profit of over $800,000, and at the risk of sounding boastful or as a braggart, I was conflicted whether or not to tell this story.

At the end of the day, I decided to write it because I read a lot of questions from people curious about how deals are found and financed, and what the numbers look like. I also read a lot of comments on this website from people who struggle to build their real estate businesses. In times of doubt, an occasional reminder of why the struggle is worth it can be enormously helpful, or so I'm told. :)

If you haven't seen it already, check it out here: http://www.biggerpockets.com/renewsblog/2013/01/29/anatomy-grand-slam-flip/

I hope you enjoy it! If you like it, let me know what you think. If you don't like it, my name is Joshua Dorkin.

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Joshua Dorkin
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  • BiggerPockets Founder
  • Maui, HI
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Joshua Dorkin
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  • BiggerPockets Founder
  • Maui, HI
Replied

Hey Brian Burke - You can call yourself Josh Dorkin if I can split the proceeds of the flip with you. ;)

Guys -- Brian is actually our next guest on the BiggerPockets Podcast and this Thursday, you're going to learn a ton from him. Make sure to check it out!

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