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How to Buy, Fix and Sell Your Property and Make a Ton of Money
- Real Estate Investing 101
- Narrated by: millian quinteros
- Length: 57 mins
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Summary
What comes to mind when you come across the term "real estate investment" or related terms? Do you think of investing in rental property and becoming a landlord? Well, the truth is, rental property is undoubtedly one of the most stable asset classes.
However, it has its limitations. Your earning potential is limited since your rental property can only fetch so much rent in a year. If you want to make more money off real estate, you might want to pursue something more profitable and that does not limit your earnings potential.
This alternative real estate investment is flipping. Think about it; as a flipper, you could earn tens of thousands of dollars from a single flip. So if you could replicate that and flip more houses, making hundreds of thousands or even millions of dollars a year wouldn’t be impossible. Well, the truth is, it sounds easy on paper to make that amount of money through flipping. Just find houses to flip, give an offer to a seller, settle on a deal, then aggressively fix the property while marketing it actively to ensure you have buyers lined up immediately after a flip. It sounds easy, but it isn’t. It takes skill, passion, persistence, and much more to move property at an impressive speed.
The question is how exactly can you make thousands, tens of thousands, hundreds of thousands or even millions of dollars as a flipper?
Well, this audiobook will answer this and any other questions you may have about flipping. More precisely, it will show you:
- Why you should venture into property flipping
- Some unsettling truths about flipping that you need to be aware of when getting started
- How to flip any property like a pro in six simple steps
- How to estimate repair costs
- How to determine how much you should offer a seller or a wholesaler
- How to find a perfect house to flip