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Don’t be fooled, to flip a house is a full-time job! Having your ducks in a row ready to go will greatly enhance your odds of success to flip houses for a living!
*For top agent recommendations, please email me directly at: Andrew@AndrewFinneyTeam.com Thank you!*
Join us live every Wednesday at 11am PST. See you there! =)
When you’re learning how to flip houses it’s critically important to begin with having a plan to fix and flip houses. Too often people attend a seminar or watch a TV program thinking saying how easy it is to flip houses. In reality, a house flip done incorrectly will cost you money. Whether your learning how to flip a house first time or you’re simply honing your flip house skills, you’ll benefit from this video!
Timeline:
1. 0:43 – What Does it Mean to Flip a House?
2. 1:32 – Types of Property That Can Be Flipped!
3. 2:19 – Tip #1: Buy at the Right Price! -Easier Said Than Done!
4. 2:43 – Step #1: How to Determine ARV in Real Estate! (ARV = After Repair Value)
5. 5:00 – Step #2: Subtract Your Costs!
6. 5:12 – Cost #1: Your Closing Costs on Buying a Property!
7. 5:25 – Cost #2: Your Construction/ Renovation Costs!
8. 5:37 – Cost #3: Your Holding Costs!
9. 6:09 – Cost #4: Your Closing Costs When Selling a Property!
10. 6:49 – Step #3: Identify Your Profit Motive! -How to Flip a House for Profit!
11. 7:44 – Step #4: Determine Your Ideal Purchase Price!
12. 8:32 – Tip #2: Get Out Quickly! -Flip Houses Faster and Easier!
13. 8:46 – Step #5: Have Flexible, Adaptable Plans!
14. 11:30 – Tip #3: Your Team Can Make or Break You!
15. 13:31 – Bottom Line: Your Overall Success Depends on Wise Strategies!
16. 14:47 – 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 savvy tips to a successful house flip 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/
King Realty Group
6955 N. Durango Dr. Suite 1004
Las Vegas, NV 89149
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 a real estate salesperson at King Realty Group in Las Vegas, NV.
Andrew’s videos are his own and do not necessarily represent the views and/ or opinions of KRG.
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, real estate, and insurance where you live, you are advised to reach out to a local loan officer, a trusted real estate advisor, and/ or an insurance agent in your area for further counsel about your own unique situation.
Images are licensed and purchased through 123rf.com
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/make-money-flipping-houses-4129155