House Flipping 101: Beginner (Step by Step Guide)
Wealthy Way
Ryan Pineda
4.9 • 2.2K Ratings
🗓️ 6 July 2023
⏱️ 67 minutes
🧾️ Download transcript
Summary
Ryan Pineda has made millions flipping houses, and now he's showing you how you can do the same!
Want to be coached by me on real estate investing? Apply at https://wealthyway.co/jmi
Pro House Flipper Reveals: How To Find Contractors - https://youtu.be/r2yKMQLQhJw
How I Find The BEST Contractors For House Flips - https://youtu.be/-JvH_A6OPbo
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My other social media channels:
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Welcome to Ryan's house flipping masterclass! Today, Ryan goes in-depth on how you pick your market, build your team, evaluate deals, and how to find those deals. Ryan moves on to how you can buy the homes, rehab the hou
Learn how to invest in real estate with the Cashflow 2.0 System! Your business in a box with 1:1 coaching, motivated seller leads, & softwares. https://www.wealthyinvestor.com/
Want to work 1:1 with Ryan Pineda? Apply at ryanpineda.com
Join our FREE community, weekly calls, and bible studies for Christian entrepreneurs and business people. https://tentmakers.us/
Want to grow your business and network with elite entrepreneurs on world-class golf courses? Apply now to join Mastermind19 – Ryan Pineda’s private golf mastermind for high-level founders and dealmakers. www.mastermind19.com
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About Ryan Pineda:
Ryan Pineda has been in the real estate industry since 2010 and has invested in over $100,000,000 of real estate. He has completed over 700 flips and wholesales, and he owns over 650 rental units. As an entrepreneur, he has founded seven different businesses that have generated 7-8 figures of revenue.
Ryan has amassed over 2 million followers on social media and has generated over 1 billion views online. Starting as a minor league baseball player making less than $2,000 a month, Ryan is now worth over $100 million. He shares his experiences in building wealth and believes that anyone can change their life with real estate investing.
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Transcript
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| 0:00.0 | Well what's going on wealth builders Ryan Penaed here today I am going to give you my most |
| 0:05.0 | comprehensive guide on how to flip a house we're going to go through every step of the process |
| 0:10.3 | all the way from choosing your real estate market to finding a deal to finding the money for the |
| 0:15.6 | deal to eventually getting it fixed up and sold for profit this is going to go in depth so make |
| 0:21.2 | sure you get your pen make sure you get a paper because you're going to know everything you need |
| 0:25.0 | to know from eight to Z on flipping houses if you're new to my channel and you have no idea who |
| 0:29.7 | I am my flipped over 500 homes in my career we currently have over 550 rental units under management |
| 0:36.5 | I own multiple businesses doing seven and eight figures so I've done a lot in both the investor |
| 0:41.6 | and entrepreneur space so when I teach you these different concepts it's not based on theory it's |
| 0:47.1 | based on what I've been doing you know basically my entire adult life so that being said |
| 0:53.1 | get that notebook ready and let's hop into this masterclass so flipping 101 okay |
| 0:59.3 | let's go into step one of flipping houses and the first step that you've got to take |
| 1:05.9 | well before doing anything else is simply choosing your market okay you've got to pick |
| 1:13.2 | where the heck are you going to flip houses now when you come to flipping a lot of people ask me |
| 1:18.6 | Ryan you know should I flip in my backyard or should I try and go to a different market because |
| 1:23.4 | you know my market is either competitive or it's expensive or it's small or whatever else so I'm |
| 1:28.6 | going to give you a couple of things that you need to look for when choosing a market okay |
| 1:33.8 | first thing that I like to look for when choosing a market is population now |
| 1:41.9 | obviously if you have a bigger population you're going to have more opportunity you know I'm here |
| 1:45.9 | in Las Vegas where you know we've got over two million people so there's a lot of opportunity |
| 1:50.6 | there's a lot of houses on the other hand I own real estate in Big Bear California where the population |
| 1:56.4 | is only 5,000 people there's definitely less houses for sale there's less opportunity |
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