How does House Flipping Work? [$10K – $20K Per Month]

How does House Flipping Work? [$10K – $20K Per Month]

Flipping Houses
In addition to "How does House Flipping Work", I will also share where I think you should focus because on an UNTAPPED opportunity in the house flipping business. How does House Flipping Work Highlights 3 Types of House Flipping Professionals 1. Wholesalers 2. Rehabbers 3. Agent/Realtors Real Estate Wholesaler 1. Find and identify a motivated seller 2. Lock the property into an assignable contract 3. Find and identify a qualified end buyer that can purchase and close in shortest amount of time 4. Assign your contract for an assignment fee. Real Estate Rehabber 1. Find and identify a motivated seller 2. Lock the property into an assignable contract 3. Identify the best funding to purchase and close in shortest amount of time and for rehabbing the property. 4. List property…
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How to Finance House Flipping

How to Finance House Flipping

Flipping Houses
In this episode, I will break down the best way to finance your house flipping business using the "Smart Business Empire" strategy. - Personal Cash This involves using your own personal cash to fund the acquisition and rehabilitation of the property. - Hard Money This is probably the most expensive for of funding for a house flipping deal where they charge anywhere from 12-18% for funding a deal based how profitable the deal is. - Private Money This may involve your own personal money but it is not limited to your own money. It may involve private funds from other people such as family, friends and other types of acquintance. - FHA 203K This is a government backed loan designed for owner's occupied properties that need rehab or construction. -…
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What to Know About House Flipping!

What to Know About House Flipping!

Flipping Houses
In 16 minutes and 31 seconds, I share with you, not just what to know about house flipping, ...but also what you should be focused on to maximize your chances of closing a lucrative first and next deal. There are 2 main entities that drives a real estate transaction but we are going to add YOU to facilitate the process in exchange for lucrative fees over and over again. SELLERS This is the source of the product; the sellers. In the house flipping business, you are looking for a property that can make use of added value in particular. The majority of the sellers on the market would fix it up and list on the public MLS for the market at large. These types of property are not ideal for…
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How to Report House Flipping on Tax Return

How to Report House Flipping on Tax Return

Flipping Houses
In this episode, you will discover my unique way to how to report house flipping on tax return. Most people trying to build a a house flipping business are often involved in the wrong questions. Actually, this topic is one of them. Regardless, I've taken the time to answer the question without replacing your professional CPA. First of all, here is a quick disclaimer. Consult your professional CPA for professional advice as the information in this email are simply my opinion from an active real estate marketers stand point. FOCUS The first thing is to make sure you are FOCUSed on activities that create sales and revenue back to back. It's the one single thing that you keep you out of trouble with Uncle Sam and his disciples. 50% Any…
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How to Start a House Flipping Business Making $10K-$20K Per Month

How to Start a House Flipping Business Making $10K-$20K Per Month

Flipping Houses
Want to DISCOVER how to start a house flipping business and start making $10K - $20K per deal like the gurus? Here are the first 4 steps in order... EDUCATION You deserve to know what you are doing so education is very important not just in the beginning of your house flipping business, but always. JOIN A LOCAL REIA (Real Estate Investors Association) This is the place where you start learning everything from the streets stand point. It can be quite different from what you learn from the gurus and the textbooks. START LIST BUILDING FOR BUYERS The fast route to your first deal and consistent deals is to master the building a list of buyers and investors. START MARKETING TO ATTRACT MOTIVATED SELLERS Once you close your first deal,…
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Flipping Houses for a Living Making $10K-$20K Per Month

Flipping Houses for a Living Making $10K-$20K Per Month

Flipping Houses
Want to learn how to flipping houses for a living making $10K-$20K per month in a recession proof? CASH FLOW MANAGEMENT The solution I present to you in this video is presented in particular to solve the problem of cash flow that I faced when I was faced with recession back in 2008. LIST BUILDING The primary solution to the problem of lack of healthy cash flow that can keep you in business even in the midst of recession is list building. I cover the "how to" in details inside my book "Empire Lifestyle Secrets" which you can download absolutely for free at: ►►► http://myEmpirePRO.com RESIDENTIAL RENTAL PROPERTIES This is the only entity that continues to produce in the real estate business in the midst of a recession and you…
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House Flipping Business Plan [A $10K – $20K Per Deal Plan]

House Flipping Business Plan [A $10K – $20K Per Deal Plan]

Flipping Houses
In this video, I reveal 7 questions you must answer in order to create a profitable House Flipping Business Plan. 1. WHO I know that house flipping involves a seller on one side and a buyer on the other side. But that's not good enough. You have to be definitive about WHO you can add value to and help solve a problem 2. WHAT What problem are you trying to solve for a motivated seller and for an end buyer who may be a savvy investor or a first time buyer? 3. WHY Why should a prospect sign a contract to sell you a property? The only way to get access to this information is by listening to the seller tell you a story. WATCH THE VIDEO to learn how…
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How to Get Started Flipping Houses [$10K – $20K Per Deal]

How to Get Started Flipping Houses [$10K – $20K Per Deal]

Flipping Houses
Wanna learn How to Get Started Flipping Houses and make 5 figure income from closing deals monthly? Well in this episode, I tell you the story how I got started started from the signs from my childhood days that I was a self starter. Then I get into the details of my transition from graduating college with a Masters degree to closing my first deal in December 2005 where I made $10,000. I also talk about the mentorship that I chose to use to get the ball rolling amongst many that I encountered. After the story, I summarized the 5 things you should pay attention with the most important on which is list building of buyers for the market place. (The only guaranteed way to build a thriving business.) I…
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What is Wholesale House Flipping & How to Make $10K-$20K Flipping Houses?

What is Wholesale House Flipping & How to Make $10K-$20K Flipping Houses?

Flipping Houses
Finally, what is wholesale house flipping? More importantly, how can you setup a wholesale house flipping business that makes $10K-$20K per seal every month? There are 5 important steps to doing it and I want to share it with you right now right here. Take the time to watch this video as I have taken the time to explain the wholesale house flipping business elaborately. 1. FIND DEALS & PUT UNDER CONTRACT This is single most important thing that you get paid for as a real estate wholesaler. 2. IN-BUILT EQUITY You now know that you get paid for finding deals and putting them under contract. But what is a deal? A deal is an opportunity to purchase a property with in-built equity in it. That means being able to…
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How to Find Investors for House Flipping to Pay you $10K-$20K Per Deal

How to Find Investors for House Flipping to Pay you $10K-$20K Per Deal

Flipping Houses
Would you like to know how to find investors for house flipping and your real estate wholesaling business? I'll show you how but before I do that... let me share a big mistakes that most people make while trying to find investors that makes them work in vein. NO CASH BUYERS There is no such thing as cash buyers in a thriving real estate wholesaling business. I know the gurus have told you that they have a network of people with cash who will buy all the deals that you find. If you have been in this business long enough, you've found out that it's a BIG LIE; 99.99% of "cash buyers" will not buy your deals. But that's not the end for you... I've come up with a solution…
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