WIP 864: Can You Still Make a Profit Flipping Houses
Wholesaling Inc with Brent Daniels
Find distressed properties for pennies on the dollar and turn them for huge profits!
4.9 • 1.4K Ratings
🗓️ 17 January 2022
⏱️ 13 minutes
🧾️ Download transcript
Summary
Flipping is a fast-profit strategy where an investor buys real estate at a discounted price and then enhances the property to offload it at a better cost. Rather than purchasing a property to live in, you buy a home as a real estate investment. The primary goal of flipping is to buy low and sell high.
Be ready to take down notes because, in this episode, Lauren Hardy will teach you how to profit in flipping houses. Today, she will give you the key numbers you should know when doing house flips and the red flags to watch out for that could result in you losing that hard-earned money. Her mission is to make sure that you're consistently profiting when flipping houses. So what are you waiting for? Click that play button now!
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Transcript
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| 0:00.0 | you want to make sure that you are buying low and selling high. |
| 0:04.6 | You want to make sure that you are buying at a level where you can purchase the property, |
| 0:10.8 | remodel the property, pay all the expenses that are included with remodeling and selling |
| 0:17.1 | a property, and still have room at the end to profit. This is Game Changing Information. |
| 0:22.8 | Guaranteed to raise your real estate wholesaling business with actionable steps you can take |
| 0:27.6 | immediately to navigate the ins and outs of wholesaling and start making money today. |
| 0:33.6 | Join us as we put our guests in the hot seat and dive deep to dissect their strategies for |
| 0:38.4 | success to enable you to duplicate their results. You're listening to Whole Sailing Inc. |
| 0:43.7 | The only show dedicated to making you a fortune in wholesaling. |
| 0:50.3 | Do you want to know how to make a profit flipping houses? Is flipping houses something that you |
| 0:55.6 | really want to do but you really don't understand the numbers? My name is Lauren Hardy and I am your |
| 1:02.0 | real estate investment coach. I started flipping houses when I was 25 years old in a little hint |
| 1:07.5 | on 35 now. I have been self-employed for the last 10 years and I started out as a real estate |
| 1:14.6 | investor primarily flipping houses. So I know all about it and I'm going to teach you how to profit |
| 1:21.4 | when you're flipping houses. I am going to give you the key numbers that you want to make sure you |
| 1:25.9 | get right when you're flipping houses. I'm also going to teach you how you could lose money when |
| 1:30.9 | you're flipping houses. I'm going to give you some tips to make sure you are always profiting |
| 1:35.6 | when you're house flipping. So let's get into it. What are the key numbers that you need to make |
| 1:40.1 | sure you get right to profit when you're flipping houses? The first number is the purchase price. |
| 1:45.7 | You want to make sure that you are buying low and selling high. You want to make sure that you |
| 1:51.4 | are buying at a level where you can purchase the property, remodel the property, pay all the |
| 1:58.7 | expenses that are included with remodeling and selling a property and still have room at the end |
... |
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