Where to find 7-Figure House Flips

Brian Davila Show - Real Estate Investing, Building Wealth, Faith Based

Wealthy Investor - Real Estate Investing, Real estate, Build Wealth, Faith Based

Wholesaling Real Estate, Rental Property, Real Estate Investing, Investing, Business, Real Estate, Flipping Houses

2.5 • 884 Ratings

🗓️ 18 January 2024

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Where do you find most of your deals?We want to coach you at Wealthy Investor! Book a call with the team here - https://wealthyway.co/yt--Are you living The Wealthy Way? Take the quiz and get FREE access to the “Wealth Builder Academy” where Ryan goes over all the fundamentals of building wealth. https://www.wealthyway.com/Would you like our team to help build your personal brand? Apply to join Pineda Media at https://wealthyway.co/rj9Looking to grow in your faith and business? Join Wealthy K...

Transcript

Click on a timestamp to play from that location

0:00.0	Where do you find seven figure flips?
0:03.0	Well, okay, great.
0:04.0	So that's the other question.
0:05.0	You have to have a market that sustains luxury.
0:08.0	And there's few markets that do.
0:10.0	That's why I literally moved my family to Scottsdale because Scottsdale Arizona has a luxury market like there's a regular buyer for 3 million is the low end.
0:20.3	Yeah up to 10 million is a market Whereas like other markets like I was flipping in
0:24.8	St George Utah. At the time top of the market was a million bucks.
0:28.8	Okay. So like if you put out a three million million house, there's no market for it.
0:34.0	Maybe you'll sell it, but maybe it'll sit forever.
0:37.0	Because there's not a buyer.
0:38.0	So when I say a market like demand, so there's lots of California markets.
0:42.0	Yeah, I was going to say. Yeah, tons of I mean tons of California markets and just wherever you go
0:47.7	Is there a healthy are there healthy sold comps at that price point you want to play in and then you know you can you
0:56.3	can do something there. Okay so we'll pick Vegas probably has it yeah Vegas has it for
1:01.8	sure I bet you have a three to six I've never done Vegas but I bet you
1:04.6	you have a three to six million dollar market here. Yeah and I used to live in California so I know they have it there.
1:09.4	Definitely. So but how do you find these seven figure flips?
1:14.9	Is there like a special mailing?
1:16.5	I mean, we've done really well with agents.
1:21.3	So it's such a niche market that there's there's usually like in
1:26.5	Scottsdale there's maybe a dozen that own the entire luxury market yeah so we
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Wealthy Investor - Real Estate Investing, Real estate, Build Wealth, Faith Based, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Wealthy Investor - Real Estate Investing, Real estate, Build Wealth, Faith Based and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.