Always remember that television is generally for entertainment; so the fast turning or flipping houses shows are not intended to educate the viewer or give the most accurate "reality" of what you would experience fast turning a house; there is much involved. Sadly, if they did educate the viewer, their show would more than likely tank for lack of viewership. If you are reading this chapter I am guessing you are one that is seriously interested in learning and I will share the real world of how to be profitable fast turning houses.
My experience (including mistakes) will be your benefit in this chapter. I bought my first investment property at the age of 21 with zero of my own money and then went on to buy many millions of dollars of investment real estate. As the real estate agent, money lender, rehabber and property manager, in one form or another (or combination), resulted in my being involved in tens of millions of dollars of real estate transactions.
Only real life information shared so if you want drama watch your television.
What you will learn:
*This chapter goes well with all other real estate chapters as well as the Self-Directed IRA's, Marketing and Private Lending chapters.
FAST TURN HOUSES OR "FLIPPING"
WEALTH WITHOUT STOCKS OR MUTUAL FUNDS
The strategy of fast turning or "Flipping" houses has been around for a very long time. However, with the advent of "un"reality shows and the proliferation of information on the topic on the internet there is much misinformation. This chapter will address how to be successful in this arena (and it will be unlike what you watch on television)
"The Ultimate Blueprint of Little Known, Powerful Strategies for Building Diversified Wealth & Income"