By: Brandon Turner
No problem Paul! Once you have that experience, don’t be afraid to step outside that expensive arrangement and find your own contractors. However, if it works – great!Another benefit of partnerships is...
View ArticleBy: Brandon Turner
Dang Mike! Congrats on the recent success! Using 70% ARV is an excellent tool when running those numbers. It’s easy to remember and use – and can save a lot of headache later and like you said, protect...
View ArticleBy: Jessica
Hey Brandon,I’m definitely working hard to expand my network of investors, rehabbers and fellow wholesalers. However, I’ve found it a bit difficult to connect with other wholesalers (more competition I...
View ArticleBy: Mike
Hey Brandon, they dont all turn out that way but when they do it is pretty sweet. Thanks for the compliment. 70% really keeps you disclinplined and forces you to buy right. Its just one cog in the...
View ArticleBy: Lynn Andris
Concise and to the point. These are my observations as well. To me the most critical point you made is the best product lowest price model. This is a new world for those seeking to flip. Being...
View ArticleBy: Brandon Turner
Thanks Lynn! Best Pice/Lowest Model = success (hopefully!) Like you said, this is a whole new world for those seeking to flip! Thanks for the comment!
View ArticleBy: Brandon Turner
Yeah, I suppose wholesalers can be pretty territorial and competitive! Hang in there!
View ArticleBy: Adam Johnson
All very good points, many of which I have learned the hard (and more expensive) way. As I gain experience, I have learned that flipping/wholesaling and many other “investments” merely create a “job”....
View ArticleBy: Brandon Turner
Hey Adam, I feel the exact same way. I tend to spend a lot of time creating jobs for myself. Not the ideal situation. On the other hand, I love real estate as a j.o.b. much more than anything else I’ve...
View ArticleBy: Karen Rittenhouse
Great advice – if you haven’t done many, do them with someone who’s experienced.Cost overruns can wipe out a new investor in their very first deal.
View ArticleBy: Calling the Puts...Weekend Roundup: Sleepless Night Edition - Calling the...
[...] 4. Brandon at biggerpockets.com shares about how to make millions from flipping houses! (and also some real advice…). [...]
View ArticleBy: Brandon Turner
Thanks Karen! I know cost overruns have made life difficult for me on more than one occasion!
View ArticleBy: Chris
Great work, Mike. It’s always good to see others succeeding with their flips. Just a question though. You bought the place for $100k, and put in $40k of repairs. What price did you end up selling it...
View ArticleBy: Brandon Turner
No problem Paul! Once you have that experience, don’t be afraid to step outside that expensive arrangement and find your own contractors. However, if it works – great! Another benefit of partnerships...
View ArticleBy: Randy
I work in construction so that helps with house flipping on the side. getting started, I believe 2 of the most important things to rememeber is location & size of house. Location – you will be...
View ArticleBy: Ben Leybovich
You mean houses? Yes, if the spread is so big that I can’t pass it up. But in genral, I don’t like to work that hard
View ArticleBy: Jeff Hahn
My wife and I flip in Ventura County CA where prices are pretty high and now that there is no inventory prices are rising again. We have done 9 homes so far. We have not lost on any so far....
View ArticleBy: Chamoa jackson
im very interested in flipping.im 21 years old and I have to start from the bottom.Whats a good start for me. Im located in dallas texas???
View Article