I think it’s a common belief among many people that house flipping is a “get rich quick” scheme, but really it’s quite the opposite. Tarek and I have spent many years flipping houses, and it took a lot of effort, time and patience to get to where we are today. When we first started flipping, we really didn’t know what …
How Often Do Flips Turn Into Flops?
Often as a house flipper, it’s easy to get caught up into thinking that any old house will be able to return a good profit, but this isn’t true for every house. While house flipping can be a profitable business and can provide a steady source of income, many flip deals can end up turning into flops if you aren’t …
How Did Tarek and Christina Learn the Insider Real Estate Secrets That Your Course Teaches?
In 2008, when the housing market crashed, Christina and I decided we needed to make a change in our lifestyle. At the time we were working as licensed real estate agents, but that simply wasn’t cutting it for us anymore. With our real estate backgrounds, we decided to take the house flipping route. And while we didn’t have a lot …
Is It Really Possible to Start Flipping Houses with No Experience?
Many people get caught up in the mindset that they have to have experience in real estate before they can start flipping houses. While previous experience is always helpful, no matter what field you are pursuing, house flipping is one thing that you don’t have to have a background in. Like many careers, you aren’t going to have a lot …
Will I Need to Quit My Job in Order to Begin Flipping Houses?
Investing in real estate when you have a full-time job may sound like quite the feat by itself, but top that off with family, friends and hobbies and you may be wondering how balancing everything is even possible without pulling your hair out. Tarek and I were full-time real estate agents before we stared flipping, which meant we didn’t have …
What are Some of the Biggest Mistakes That People Make When They First Start Flipping Houses?
Believe it or not, Tarek and I started flipping houses with very little experience in investing. We were real estate agents for many years, so we thought we knew the real estate world — including investing — backward and forward. Little did we know, there was a lot we needed to learn to become successful flippers. Needless to say, we …
What is the Best Way to Research the Housing Market in my Area?
Every successful house flipper knows that they should constantly be on the lookout for new properties to flip. After all, flipping houses is how they make their money! But, even though finding properties may sound pretty straightforward, there’s more to it than just looking for a cheap deal. Christina and I are asked quite often how we look for the …
Do You Need A Lot of Money to Flip Houses?
Real estate funding is a big concern with house flippers. Christina and I are always asked by our Success Path students whether they need a lot of money to start flipping or even how they can find money. After all, most people don’t have $200,000 or more lying around in liquid assets that they can spend on a flip. Since …
How Much Risk is Involved in the Business of Flipping Houses?
THE BUSINESS OF FLIPPING HOUSES As with any form of investing, there will always be some type of risk involved and house flipping is no different. In the business of flipping houses, you are generally working with tens and hundreds of thousands of dollars. As you can imagine, this can be pretty risky if you don’t know what you are …
3 Tips for Making Money in Real Estate Without a License
You probably already know that Tarek and I were real estate agents before we started flipping houses. Because we already had our real estate licenses, we had a head start on a lot of house flippers. Since we already know the business, we can act as our own realtors on all of our flips, which saves us money and increases …
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