Flipping houses can make you a TON of money—arguably more money than most other real estate investments. You can make a 40% to 50% return in just six months, but you can also lose a LOT more than that by buying the wrong deal, doing the wrong fix and flip, or looking at the wrong numbers. And if you want to start house flipping, losing all your money on the first deal isn’t the best way to begin, so follow James Dainard’s advice instead.
James has been flipping for two decades. He’s had good flips, bad flips, stinky flips, flips that have fallen over, and everything in between. Today, he’s going to unveil the EXACT steps he follows to analyze any potential fix and flip BEFORE he buys it. If you’re a rookie real estate investor, WATCH THIS VIDEO, or you could get burnt (badly) on your next house flip.
How much could your next flip make? Find out with the BiggerPockets House Flipping Investing Calculator:
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By: BiggerPockets Title: Follow These Steps BEFORE You Start Flipping Houses in 2024 Sourced From: www.youtube.com/watch?v=WUT8qCRuSdY
