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One of the most talked about aspects of real estate investing is how to flip houses. But… If it was so easy flipping houses for a living, wouldn’t everyone be doing it?
After watching this video you know what they don’t tell you about flipping houses and the skills needed to flip houses successfully. Avoid the dangers of flipping houses by first understand that pros and cons then balancing the risk vs reward for you!
Timeline:
Pros
1. 0:53 – Potential to Make a Quick Profit!
2. 1:20 – You’ll Gain A LOT of Real World Business Experience!
3. 1:31 – You’ll Learn About Construction and the Components of a House!
4. 2:28 – You’ll Get to Know Your Local Market and Key Insights!
5. 2:55 – You’ll Learn How to Budget for Unanticipated Costs!
6. 3:40 – You’ll Gain Massive Insights into Real Estate in General!
7. 4:13 – Increase Your Network!
8. 5:09 – Your Taking Action to Fulfill Your Dreams!
Cons
1. 6:06 – Losing Money Instead of Making a Profit!
2. 6:21 – Underestimating Unanticipated Expenses!
3. 7:14 – Higher Taxes!
4. 7:46 – Losing Your Profit to Taxes!
5. 9:04 – Holding Costs!
6. 10:19 – Difficulty Selling!
7. 10:56 – Stress!
8. 11:47 – Your Turn!
Getting started in real estate investing just got easier!
https://www.roofstock.com/u/andrewfinney
As we move forward together please feel free to reach out to me with any questions or ideas for other videos you would like to see.
Share your favorite part of this video and your savvy how to flip houses for beginners and experiences with us in the comments section below. Thank you. Let’s continue to learn and grow together as community and team!
If you want help finding one of the best real estate agents in the nation, a CRS please let me know. I’m here to help!
Want to know more about investing in Las Vegas real estate or more about Las Vegas real estate, please let me know. I’m here to help!
Thank you for watching! =)
Enjoy an amazing day!
-Your Real Estate Geek, Andrew Finney
Contact info:
Andrew Finney
USMC Combat Veteran/ Trusted Real Estate Advisor
License #S.0173260 – Las Vegas Realtor
Call/ Text: 702-710-0287
Email: Andrew@AndrewFinneyTeam.com
https://www.andrewfinneyteam.com/
BHHS, Nevada Properties
7475 W. Sahara Ave. Suite 100
Las Vegas, NV 89117
Designations-
Certified Residential Specialist (CRS)
Accredited Buyer’s Representative (ABR)
Sellers Representative Specialist (SRS)
Certifications-
Military Relocation Professional (MRP)
Disclaimers/ Credits:
Awesome Music Courtesy of:
Song: Syn Cole – Feel Good [NCS Release]
Music provided by NoCopyRightSounds.
Video Link: https://www.youtube.com/watch?v=q1ULJ92aldE
Download this track for FREE: http://bit.ly/SynColeFeelGoodDL
At the time of production, Andrew Finney, S.0173260, is real estate salesperson at BHHS, Nevada Properties in Las Vegas, NV.
Andrew’s videos are his own and do not necessarily represent the views and/ or opinions of BHH.
The purpose of Andrew’s videos are to educate you and help you make sense of the real estate process. If you have questions about home loans and real estate where you live, you are advised to reach out to local loan officer and trusted real estate advisor in your area for further counsel about your own unique situation.
Roofstock and Andrew Finney have an affiliate partnership. When you take advantage of using their excellent resources in finding your next rental property around the USA, I will earn a commission. This doesn’t cost you a penny, so please use the link. Please know I greatly appreciate you using this link and the commissions earned will assist me in making even better videos moving forward. Thank you!
Video Inspiration:
https://www.thebalancesmb.com/pros-and-cons-of-flipping-a-property-2124830