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 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 …
Will I Need to Quit My Job in Order to Begin Flipping Houses?
Investing in real estate when you have a full-time job may sound like quite the feat by itself, but top that off with family, friends and hobbies and you may be wondering how balancing everything is even possible without pulling your hair out. Tarek and I were full-time real estate agents before we stared flipping, which meant we didn’t have …
What are Some of the Biggest Mistakes That People Make When They First Start Flipping Houses?
Believe it or not, Tarek and I started flipping houses with very little experience in investing. We were real estate agents for many years, so we thought we knew the real estate world — including investing — backward and forward. Little did we know, there was a lot we needed to learn to become successful flippers. Needless to say, we …
What Can I Learn From a Real Estate Elevated Event?
In April 2014, Tarek and Christina El Moussa developed Real Estate Elevated. The real estate education investment program was created to teach students the El Moussa’s successful investment methodologies and systems. Real Estate Elevated is one of the most in-depth and comprehensive training programs in North America and Canada, and it provides students with an unparalleled level of support, mentoring …
15 of The Worst Real Estate Investing Mistakes A Beginner Can Make
Real estate investment can be a tough nut to crack. While some thrive in the industry and rise to the top, others struggle to find success. But what is it that creates the difference between the two? Is it personal drive and tried experience? Is it contingent strictly on the health and vitality of the industry? Or is it simply …
3 Tips for Making Money in Real Estate Without a License
You probably already know that Tarek and I were real estate agents before we started flipping houses. Because we already had our real estate licenses, we had a head start on a lot of house flippers. Since we already know the business, we can act as our own realtors on all of our flips, which saves us money and increases …
Christina’s Design Tips for Rehabbing Kitchens
What’s the first thing I always look at when we get inside a new house flip? If you’ve seen even one episode of Flip or Flop, you know it’s the kitchen. Kitchens really sell houses. Creating a modern, attractive space where people can cook, eat, and hang out together will always increase the value of your property. In fact, neglecting …
As a Real Estate Investor, Should I Get My Real Estate License?
You already know that Tarek and I are licensed real estate agents; that’s how we got into house flipping and how we made money for our family even back in 2008 when the housing bubble had just burst. Seeing what we do with our flips and how we work, a lot of new real estate investors wonder whether they should …
How to Wholesale a House Successfully (Tarek’s Favorite)
There are a lot of different ways to wholesale a house. In fact, it’s one of my favorite strategies for new real estate investors who want to get into flipping houses. Let’s dive in. First, what is wholesaling? Wholesaling real estate means selling a house “as-is” to another buyer—typically another investor who’s going to rehab it, and then rent it …
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