A lot of people will tell you that you can dip your toes into real estate investing by starting out as a wholesaler. And, when you first look into it, it seems like a good idea. It’s a lot like flipping houses, but instead of doing all the rehab work and taking all the time to get the house in …
What is the Best Way to Start Building a Real Estate Network?
As you probably already know, the real estate business is all about reputation and relationships. As you’ve started to grow your real estate investing business, you’ve created and built relationships with real estate agents, contractors, wholesalers, and others in the real estate investing industry. With each new person you meet, you get access to even more people in the business, …
What is the Number One Piece of Advice You Would Give to Someone Looking to Get Into House Flipping?
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 …
Why Should I Take the Real Estate Elevated Workshop?
Real Estate Elevated is the premier real estate education investment program developed in conjunction with real estate investors and television reality stars Tarek El Moussa and Christina El Moussa. Using the El Moussa’s own real estate investment methodologies and systems, the Real Estate Elevated Program is one of the most in-depth and comprehensive training programs available in North America & …
Do I Need a Business License to Begin Flipping Houses?
A lot of new house flippers tend to be confused about business licenses, but for good reason. The world of business can be overwhelming, especially when you aren’t sure what direction you are supposed to be going in. Consider this. Are you planning on flipping one or two houses a year while still holding on to your full-time job? Or …
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 …
How Much Time Will I Need to Dedicate to House Flipping in Order to Succeed?
This is a question that I could answer in one of two ways. Basically, when you’re flipping a house you can contribute as much or as little time as you’d like, but if you truly want to be successful you’re going to need to put in more than just a couple of hours a day. For example, if you are working a 9-to-5 …
How Do I Determine the After Repair Value (ARV) of a Home?
Christina and I have had a lot of laughs about some of our repair estimates on the properties we’ve flipped. No matter how closely we look at a flip house, it seems like we always miss some major issues that need to be taken care of before we flip a house. I feel like this is something that new investors always tend to struggle …