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How can I start flipping houses?
I heard it can be profitable and I want to learn more
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Christopher’s Answer
The best advice I can give is to simply get started! I learned a lot by doing the underwriting and going through the process on my own. There are plenty of online resources to help you learn, but not all of them will fit your exact situation. Spend about six months learning about the process and how to structure deals and underwriting before you invest any money. Focus on assets that need sweat equity. It might be more work, but it can lead to bigger returns and face less competition.
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JOHN’s Answer
Hello:
Hearing from those who have gone through this process may be a grand commencement to your thoughts of flipping:
"Flipping 101 with Tarek El Moussa":
https://www.amazon.com/Bad-Energy-BoHo/dp/B0C5K4RGLJ
"Flipping 101 with Tarek El Moussa":
https://www.amazon.com/Gambling-With-the-Rules/dp/B09GDF9M2G
Books:
"The Book on Estimating Rehab Costs: The Investor's Guide to Defining Your Renovation Plan, Building Your Budget, and Knowing Exactly How Much It All Costs (Fix-and-Flip, 2)":
https://www.amazon.com/Book-Estimating-Rehab-Costs-Renovation/dp/1947200127
"The Business of Flipping Homes: Short-Term Real Estate Investing for Long-Term Wealth":
https://www.amazon.com/Business-Flipping-Homes-Short-Term-Investing/dp/1942952775
"Flip Your Life: How to Find Opportunity in Distress—in Real Estate, Business, and Life":
"With over a decade of experience, flipping close to 1,000 properties, selling over 1,000 houses, and owning multiple apartment buildings and self-storage facilities, Tarek El Moussa is a successful entrepreneur, real estate expert, and investor. It will surprise Tarek’s fans to learn that it wasn’t an easy road to the top. A young and aimless Tarek had no clue what he wanted to do with his life.".
https://www.amazon.com/Flip-Your-Life-Opportunity-Distress/dp/B0CFC7V2C9
Gratitude inside the roads your path seeds.
God Bless,
John German
Hearing from those who have gone through this process may be a grand commencement to your thoughts of flipping:
"Flipping 101 with Tarek El Moussa":
https://www.amazon.com/Bad-Energy-BoHo/dp/B0C5K4RGLJ
"Flipping 101 with Tarek El Moussa":
https://www.amazon.com/Gambling-With-the-Rules/dp/B09GDF9M2G
Books:
"The Book on Estimating Rehab Costs: The Investor's Guide to Defining Your Renovation Plan, Building Your Budget, and Knowing Exactly How Much It All Costs (Fix-and-Flip, 2)":
https://www.amazon.com/Book-Estimating-Rehab-Costs-Renovation/dp/1947200127
"The Business of Flipping Homes: Short-Term Real Estate Investing for Long-Term Wealth":
https://www.amazon.com/Business-Flipping-Homes-Short-Term-Investing/dp/1942952775
"Flip Your Life: How to Find Opportunity in Distress—in Real Estate, Business, and Life":
"With over a decade of experience, flipping close to 1,000 properties, selling over 1,000 houses, and owning multiple apartment buildings and self-storage facilities, Tarek El Moussa is a successful entrepreneur, real estate expert, and investor. It will surprise Tarek’s fans to learn that it wasn’t an easy road to the top. A young and aimless Tarek had no clue what he wanted to do with his life.".
https://www.amazon.com/Flip-Your-Life-Opportunity-Distress/dp/B0CFC7V2C9
Gratitude inside the roads your path seeds.
God Bless,
John German