My Flipping Life

The question "are you ready to successfully flip a house?" is one that people can spend years thinking about but never move past.  That is because there is truly not one single answer.  If you pushed me and absolutely required an answer I would say you're ready when the thought of not doing it keeps you up at night.  After several years of thinking about it or wondering about what business I could...

Home trends are about more than just design.  They are often an indication of what is important to buyers.  Having this insight allows us to incorporate these details into our renovations.  With any significant changes in how people live the home is a reflection.  Here are some new spaces and elements that have moved up on the list for buyers today.     Just for You If you want to scout for your f...

The idea that there is a perfect time to get started is a myth.  In fact, there are definite benefits to doing something when others are not.  What many people can miss is that the cycles of real estate can present some unique opportunities.  Find out how what you may think is a negative can actually work in your favor.      Just for You If you want to scout for your flip house like a pro, this is...

There is nothing like walking through a house and wondering what changes you should, or shouldn't, make to it to add the most value.  That's why I am walking you through the process.  From pulling up to the house to looking at the areas that would bring value, I'm talking you through.  Plus, this is a property that is in mid-construction right now so you can follow the progress over on @thresholdh...

If you want to flip a house but are short on capital, what options do you have?  While there are some ways to flip with no money its important to note the tradeoffs.  No money options may be possible for some but perhaps a little creativity is a better choice.  Find your best route to your flip in this episode.         Gift to You If you want to scout for your flip house like a pro, this is for yo...

One of the reasons for starting to do something new is the ability it may have to change your course.  By starting something new that can benefit you and your family financially, your why may vary.  Maybe you need other options that the traditional working parent role offers.  Or if you are just looking to set an example that is outside of the box then real estate investing may be the option for y...

When you look at flipping houses the downside it can seem that there are more negatives than positives.  For some people, preparing and planning for a less than ideal scenario is the way to go.  By acknowledging what can go wrong and knowing that there is a way to overcome it, you can be on your way with the understanding that can also bring success.     My Gift to You If you want to scout for you...

There are so many thoughts and ideas that people have that limit them before they even begin, especially when it comes to real estate investing.   Some may be comments others have made and some may be passed on to us over time.  However you choose to look at something, you're right.  Here's to taking a look at 5 Mindset Myths that can keep you at the starting line.         My Gift to You If you wa...

This week I am bringing it back to the basics.  Finding houses to flip isn't complicated but it is something you need to be consistent with.  Having more than one source is always a good idea. My Gift to You If you want to scout for your flip house like a pro, this is for you. I've created a fixer upper checklist that includes 8 key areas I look for in a house to see if it has flip potential.   Do...

It's inevitable that when you are dealing with real estate and renovation there are going to be unexpected challenges that arise.  There are many different components that go into the process  Working with lenders, finding projects, hiring contractors and those unplanned events, they can happen.  But the good news is not one of these unexpected surprises couldn't be overcome.   These stories I'm s...

Walking through a house and trying to decide if there's opportunity to add value can be a daunting task.  Before you dive into all the needed work, check to see if there's potential in these 8 key areas.  Surefire spaces and opportunity where value can be added. My Gift to You If you want to scout for your flip house like a pro, this is for you. I've created a fixer upper checklist that includes 8...

While some skills in life are more hobby or interest-based, if at any point you may own property, renovation may be something you should know about.  It's not only for those wall smashing completely unrecognizable type of projects.  It can be done successfully on a smaller scale too.  The biggest benefit to knowing how to run a successful renovation is that it can add value to any type of property...

Preparing and planning for your flip begins much sooner than you think.  Taking advantage of the opportunity to plan before it starts can save you time and ultimately money, if you know how to structure it.  This episode is all about how to maximize each phase of the flip and where you can make key choices to improve your timeline. My Gift to You If you want to scout for your flip house like a pro...

How has business been since March? What are the things that have changed?  What are the surprises?  Dealing with anything for the first time presents opportunities.  Here are the key changes and observations that I've experienced over the past few months when it comes to real estate and house flipping.   My Gift to You If you want to scout for your flip house like a pro, this is for you. I've crea...

Though house flipping has been my primary focus for more than 12 years, I may also know something about rental properties.  For most people the two most popular ways to create wealth through real estate are by investing in properties as rentals and flipping houses.  Yet these two strategies have some key differences.  In fact, some people like to even combine how these two can work together to cre...

House flipping is a term that can have different meanings for different people.  This can make it tricky to figure out how to measure success.  Which is why its important to know how they are calculating their results.  Not all flipping is created equal so it's important to understand how different people measure success.  And when you come across extraordinary numbers knowing the actions and the...

You may have zero experience with construction or renovation (I didn't).  It can be intimidating and some will even wonder if it's worth it (it totally is).  Even if you are a complete construction novice there are ways to get started and the reward is significant for those who try.  From how to decide which renovations to do  to getting bids and staying on budget, you will see how these first ste...

When you are flipping houses you need multiple resources.  None is as important as the funding.  Make sure you know what options are available to you and how you can best use them in this episode.  Don't make the same mistake I did thinking that there was only really one way to buy a flip and fund the renovations.  There are options out there so don't miss out. My Gift to You If you want to scout...

House flipping.  For many people, myself included, you may have first started thinking about it after seeing a TV show.  The process of finding a run down property and renovating it is an exciting and rewarding process.  If you want the simple, step-by-step guide to getting started, this episode is for you.  Breaking down the process so that you can take action today is what finding a flip is all...

One of the most important people you will work with is your real estate agent.  But how do you find the right person?  Knowing how an agent works with an investor is important.  Especially since this isn't a typical home buyer relationship.  Find out what to look for and how they can best help on your house flipping journey.     My Gift to You If you want to scout for your flip house like a pro, t...

Profit from a flip is dependent upon three numbers.  The purchase price, the renovation budget and the sale price.  Without knowing the exact sale price many people will look to the renovation budget as an area where they can control expenses by doing repairs themselves.  While there are situations where that may make sense there's another side to DIY.   A side where it may potentially end up cost...

There are plenty of shows on TV about house flipping.  Whether you are a fan or have watched and wondered if you could do that too, there are plenty of details that aren't shared.  Some of these details are valuable for you to know if you're planning on getting started.  Here's your inside track to what else you need to know.        My Gift to You If you want to scout your house like a pro, this i...

Selling your flip is the ultimate confirmation that you created a space that meets a buyer's needs.  For flips that not only sell, but wow there are a few key items that are easy to incorporate.  I'm sharing a few of my special details that when added, create a home that people can't wait to make their own.     My Gift to You If you want to scout your house like a pro, this is for you.   I've crea...

When you are getting started flipping you want to have as many variables going in your favor.  There are certain characteristics of houses that make them more challenging, especially when you are selling the house.  Some things are nearly impossible to overcome even with the most stunning of renovations.  Here are a few types of houses that you may want to think twice about or even pass on altoget...

Have you been waiting for a sign to begin house flipping?  A sign, something that is a clear green light?  If you haven't had that light bulb moment yet, maybe its time for a different approach.  In this episode we are going to talk about five ways to know if you need just a bit more time before tackling that first flip.       My Gift to You If you want to scout your house like a pro, this is for...