Flipping Real Estate for Profit

Money Tree Investing

Money Tree Investing Podcast

Stockmarket, Valuestocks, Investing, Finance, Passiveincome, Wealth, Business, Personalfinance

4.6 • 658 Ratings

🗓️ 14 June 2019

⏱️ 61 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Have you considered investing in real estate for extra income, as a career, or a hobby?

Think again…

This week we have Dominic Kirchner on our show to talk about flipping real estate for profit. Dominic has been successfully investing in real estate, flipping and rehabbing real estate for profit for over 17 years.

This past year he did 50 fix and flips and he continues to grow each year.

Dominic talks about how to find great deals... The importance of having a good team… Why you need to stay in your lane… the importance of having a good exit strategy... and most importantly he talks about the current conditions of the real estate market and where he thinks it will go from here.

If you are a real estate investor, you don’t want to miss this week's show.

http://moneytreepodcast.com/248

Transcript

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0:00.0	Welcome to the Money Tree Investing Podcast.
0:04.0	Stock market, wealth, personal finance, value stocks, invest in your life.
0:11.0	Welcome to this week's episode of Money Tree Investing Podcast. We appreciate you joining us today. My name's Kirk Chisholm and I'll be the host of today's show for you. We have an exciting show for you today. Today
0:21.2	we're going to be talking about flipping real estate for profit, and we have your guest today
0:26.3	as Dominic Kirchner from Hampton Homebuyers. And I'm really excited to dig into some of these
0:31.0	Wall Street secrets with Dominic today, but before we do, let's hear from our sponsor. Are you
0:36.7	looking for a better way to invest during market turmoil?
0:39.5	Consider Betterment.
0:40.7	Betterment is a robo-advisor that uses time-tested principles of modern portfolio theory to
0:45.9	help you manage your wealth and reach your financial goals.
0:48.8	With Betterment, you don't have to worry about what the market's doing on a day-to-day basis.
0:53.0	Instead, Betterment allows you to use the
0:54.9	stock market to consistently build your wealth. If you want to learn more information, go to
0:59.6	MoneyTreepodcast.com slash Betterment. A lot of investors use Betterment, but it doesn't mean it's the
1:05.1	right thing for you. So do your own research. Check out MoneyTreepodcast.com slash betterment to see if betterment is the right
1:13.3	fit for you. So today we're going to be talking with Dominic. Dominic, how are you doing today?
1:18.6	I'm doing well, Kurt. Thank you. Great. Well, welcome to our show. Dominic, we're talking today
1:23.5	about flipping real estate for a profit, and I'm glad we have you on because I've known you for a
1:28.2	number of years. And you've been very successful at this. I know a lot of investors find it
1:32.9	challenging, but you've managed to really make this work in a profitable way, but also,
1:38.2	I know you've done a lot of expansion as well. So before we get into all that, I want to learn
1:42.3	more about your background. How did you really get started into real estate?
	...

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