Where To GET MONEY For Flipping Houses?

You just stumbled into the idea of flipping houses. Maybe because of the pandemic, you're looking for other ways to make money and bring in income to your family. House flipping is definitely a good strategy to bring in income into your family. Now there are 2 different types of house flipping. Individuals searching for wholesale deals to assign to investors that will actually do the work.Investors that will actually acquire property, meaning they will actually buy the property, fix up the property and then list it back on the market with a licensed agent for profit. So either one of those two are valid ways of making money or valid methods of real estate investing. There are, probably about another, seven types of real estate investing that you will…

3 Secrets to know About TAXES PAID When Flipping Houses

Flipping Houses, From Data to Deals

In this lesson, you will discover 3 tips you need to know about taxes paid when flipping houses. The first thing I want to tell you is that I am not an accountant or a CPA. So as soon as you start making money, ...make sure you talk to a certified CPA and take advantage of the tax laws in your state. Whatever part of the world you're in, there are certain laws that you can leverage and take advantage of if you know or get with a CPA that knows. With that being said, I want to share 3 tips with you. 1, Capital Gain Taxes PREVIOUS POST: How To GET STARTED In Real Estate Flipping When I make money in flipping houses, it's considered capital gain. “Capital gains…

How To GET RICH Flipping Houses

Flipping Houses, From Data to Deals

The way you get rich flipping houses is to build a lead pipeline. This is something I covered extensively in the book. In this book, I covered quite a bit of stuff but the book surrounds the idea of the 3 Core Pillar. Value. Automation.People. Money doesn't come from properties, it comes from people. Yes, we're in the real estate business. But if you can't get a hold of the people that control the real estate property, you're wasting time. If you have a list of property addresses, that's not leads; that's just data. If you drive around town writing down property addresses, the only thing you're doing is called data collection, …which, yes, Chapter 3 of this book is all about data collection. But there are faster, easier and…

How Much I Make Flipping Houses?

Flipping Houses, From Data to Deals

I have my full blown story, starting from 2004 December, there is a video that I'm going to suggest that you watch. All you wanna do is simply google “Wholesaling 101 Ola”. Let me actually see if that works. I need to make sure that works before I send you to go do that. But it should work… Yes, that brings up… Actually, that brings up way too many videos. No, actually, it brings it up. There you go, so it brings it up. It should bring it up at position number 1 on Google results. It's called “Free Wholesaling 101 course”. If you wanna know my full story, I talked about… One of the videos in the modules is actually how I made $82,000 from one deal that happened…

Flipping Houses – No Money, No Experience Necessary

Flipping Houses

How To Get Rich Flipping Houses? The way you get rich flipping houses is to build a lead pipeline. This is something I covered extensively in the book. In this book, I covered quite a bit of stuff but the book surrounds the idea of the 3 Core Pillar. Value.Automation.People. Money doesn’t come from properties, it comes from people. Yes, we’re in the real estate business. But if you can’t get a hold of the people that control the real estate property, you’re wasting time.... Continue Reading How to Get Rich Flipping Houses How Much I Make Flipping Houses? Continue Reading “How much I make flipping houses?” I have my full blown story, starting from 2004 December, there is a video that I'm going to suggest that you watch. All…

How Do I BEGIN FLIPPING HOUSES?

Flipping Houses, From Data to Deals

Question: “How do I begin flipping houses?” One of the most commonly asked questions is, “How do I get started?” “How do I begin?” “Where do I start from?” “How do I start from…?” That's why I created the 11DaysChallenge.com Why? Because there are tons of gurus selling $25,000, $5000, or $1,000 programs out there basically; talking head teaching you all the definitions there is to know about real estate. Even in the world of realtors, you experience the same thing, you go to the classes… You're just gonna learn real estate law, you're not gonna learn marketing. You can ask someone like Gary Keller. Gary Keller did a whole book on The Millionaire Real Estate Agents, you can find this very good book that will teach you the concept…

How to Flip Houses for Beginners with No Money📍

Flipping Houses

As more and more people look into the idea of taking control of their finances and future, more discover the art and science of flipping houses. Here are some of the things we will cover: What is House FlippingWhy House Flipping is One of the 3 Recession Proof Businesses EverFlipping Houses with Bad Credit & No MoneyFinding & Identifying Deals: The 70% RuleWhen is a Good Time to Flip HousesFlipping Houses as a Side Hustle2 Ways to Flip HousesHow a Beginner Can Get Started Immediately for Less than $3.50 Per Day I am about to reveal the step by step processes involved; You will discover how to flip houses ...even if you have bad credit and no huge capital typically needed in traditional real estate investments. Money has always been…

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…

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. -…

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…