Posted almost 6 years ago

4 Ways People Who Successfully Fix and Flip Arizona Properties Think D

We were lucky enough to speak with Jenna Jacques, who specializes in fix and flip Arizona real estate properties. In this second part of a four-part series, we’ll reveal some of her keen insights that have led to her success.

Just moments into the interview with Jenna Jacques, it became clear that she’s not only a woman who has a deep comprehension of what it takes to fix and flip Arizona properties successfully, but her persistence and unfailing optimism lend themselves well to the business. As a licensed realtor, she has more than 40 home sales under her belt so far this year, and they’re a fair mix of traditional sales and houses she rehabbed. Ms. Jacques was kind enough to share some of her experiences with us, so that newcomers to the trade can benefit from the knowledge.

1. They plan and build a solid foundation before they start. “A person really needs to know what they are getting into before they want to call themselves a flipper,” Ms. Jacques explained. There is a lot involved in the process, and you have to be prepared for each challenge you’ll face. Before she began, she and her husband worked several jobs for more than a year to build up a cushion. Rather than paying for a gimmick or an online get rich quick scheme, she also took the initiative to learn the ins and outs of the industry on her own.

2. They don’t settle for something just because it appears to be a good deal. Throughout her years in the industry, the seasoned flipper has come to the conclusion that the best deals are the ones she finds on her own. She also advises people not to purchase a rehab property out of anxiousness, but to wait for the right property, and to do the necessary research to know it’s really a good deal before getting started.

3. They know how to select reputable people to work with, and also how to protect themselves when even “reputable” associates fail. Even though Ms. Jacques is an open book, when asked about deals gone bad, she acknowledged, “I had a wholesaler try to take advantage of me and go behind my back to make a quick buck.” While the loss would have been costly, her experience and expertise paid off, and she was able to take the steps necessary to protect herself. Ms. Jacques added, “In this industry you have to be able to stand up for yourself and not be defeated.”

4. They’re prepared to be the last man (or woman) standing. Unfortunately, it’s difficult to find reputable and trustworthy people to work with, and even people who fix and flip Arizona properties on a regular basis wind up holding the bag at the end of the day. “I have been through so many painters and people who only half finish the job,” explained Ms. Jacques, “but at the end of the day you have to be able to have the backbone to just keep on at it.”

You Can Make Your Dreams Come True,

Even if You Don’t Have a Background in Fix and Flip Arizona Real Estate

Ms. Jacques’ story is truly inspirational for those who are considering trying to fix and flip Arizona properties. Her humble beginnings serve as proof that anyone with the right attitude can be successful. Like so many others, she always had an interest in home rehabs, and relished in exploring the before and after photos produced by experts in the industry. Though she held two masters degrees, they were in nursing and administration, so she pursued nursing as her career, and only dabbled in real estate for several years. Ms. Jacques explained that the major catalyst in her decision to begin rehabbing homes came when one of her twin daughters was diagnosed with a sensory processing disorder. Her nursing administration position couldn’t accommodate the time she needed to take off work for appointments, and despite having medical insurance, bills began mounting. “This is when I decided we would take the risk and hope for the best,” she continued. “What else could a parent do in a situation like this?” Of course, Ms. Jacques isn’t just taking care of her family and making her own dreams come true, her expertise has enabled her to improve the lives of many people, as can easily be seen by her perfect five-star rating on Zillow.

Resilience goes a long way to becoming successful with fix and flip Arizona properties as well.

While “resilience” seems to be the buzzword of today, it sincerely applies here. The passion for the business that Jenna Jacques conveys is absolutely contagious, though listening closer to her stories, you’re sure to catch an underlying theme. Each and every time she faces adversity, she’s prepared and bounces back. If you can capture her spirit and enthusiasm for the business, you, too, just might have a future in home rehabs.

Want to learn more about Jenna Jacques or get in touch with her? Visit her on Facebook or at JennaJacquesHomes.com.

Dennis Dahlber Broker Ri CEO Level 4 Funding LLC Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC
Hard Money Lender
Hard Money Loans
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Dennis Dahlberg Broker/RI/CEO

About the Author: Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 43 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.