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How To Buy And Flip Houses For Beginners
Rating: 4.5 out of 5(1 rating)
3 students

How To Buy And Flip Houses For Beginners

How To Buy And Flip Houses For Beginners
Created byHowExpert
Last updated 8/2020
English

What you'll learn

  • How To Buy and Flip Houses For Beginners
  • House Flipping
  • House Flipping Basics
  • House Flipping Tips and Lessons

Course content

1 section • 8 lectures • 59m total length

  • Introduction2:08

    Discover the profit motive behind flipping houses and the joy of turning dated homes into modern spaces, with insights on hiring workers and keeping versus selling.

  • Part 1 - Researching the Properties8:35

    Develop in-depth property research by leveraging realtors for comparables and foreclosures, comparing freestanding houses versus condos, and planning budgets for purchase and repair while exploring auctions and online listings.

  • Part 2 - Picking the Ideal Flip9:26

    Identify ideal flips by evaluating immediate location, neighborhood and subdivision quality, street conditions, and potential nuisances, predicting buyer expectations to maximize profit.

  • Part 3 - Making a Budget8:40

    Develop a practical budget for buying and flipping houses by categorizing repairs into cheap and expensive, planning updates, and weighing inspection costs against potential profits.

  • Part 4 - Choosing Materials10:22

    Choose materials after purchase by evaluating repairs or replacements, with kitchen and bathrooms driving costs for appliances, countertops, cabinets, and vanities, while sourcing deals online.

  • Part 5 - Doing the Labor12:48

    Learn to perform the labor in a house flip, from replacing fixtures to open concept walls, while managing wiring and sewer concerns, and contracts.

  • Part 6 - Finishing Touches3:20

    Finish the flip with a final tour, fix issues, and spot paint, then stage with minimal neutral furniture so buyers visualize space, and finish with a thorough cleaning.

  • Part 7 - Selling the House4:07

    Discover practical methods for selling a flipped house, including owner vs realtor options, pricing with comparable sales, and marketing like coming soon signs and open houses.

Requirements

  • No experience necessary - All levels welcome - Beginners, Intermediate, & Advanced

Description

Do you want to learn how to buy and flip houses? Do you want to learn how to be successful in real estate? Do you want to learn from someone with real life experience in flipping real estate?

If you said yes, then How to Buy and Flip Houses for Beginners can be the guide for you.

How To Buy and Flip Houses For Profit shows you how to flip a house beginning with your research in your area for potential flips and ending with making your profit by selling your house. These steps provide tips and examples with which how to quickly and efficiently flip a house and make a nice-sized profit. These steps include the following:

• Explaining where to research for the possible properties

• Selecting the ideal flip based on location, price, and the amount of possible profit

• Setting a budget and what to include in that budget

• Choosing the right materials for the different types of houses

• Deciding the best people to do the work

• Completing the project by adding the finishing touches and

• Selling your house to make the biggest profit

The key things to remember in flipping a house is to pick a house that only needs updating and not repairs. Repairs are more costly. Also, remember when you are flipping, this is not going to be your house. You are updating the house so that it is in the condition to sell and is as update to date as the other houses in the neighborhood.

Check out How To Buy And Flip Houses For Beginners!

Who this course is for:

  • Real Estate Investors/Flippers/Enthusiasts

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