Here’s EXACTLY How To Flip Houses Step-by-Step! Alex Martinez, CEO and founder of RealEstateSkills.com, outlines the 15 crucial steps to successfully flip houses from start to finish.
This comprehensive guide provides proven strategies, highlights common pitfalls and how to avoid them, and offers actionable steps real estate investors can take today.
In this video, you’ll discover:
📈 Step-by-Step House Flipping Guide: Each of Alex's 15 steps is broken down to ensure you can manage every aspect of your house flip.
🏠 How to Flip Houses: Essential tips and techniques to start your house flipping journey.
🔨 Fix and Flip Strategies: Learn the best practices to flip houses successfully and profitably.
We put a lot of time and effort into this video to make sure you’re able to immediately take action flipping houses today - whether you’re advanced or even a beginner!
If you’ve been wondering how to flip houses, then this is the perfect video for you to watch, study, & implement!
STEP 1. Pick Your Market: Choose whether to flip houses locally or through virtual wholesaling.
STEP 2. Find Your Money (Lenders): Secure financing options to fund your house-flipping projects.
STEP 3. Find Your Contractor(s): Identify reliable contractors to carry out the necessary renovations.
STEP 4. Find Your Agent (Front-End & Back-End): Work with agents to help buy and sell the property.
STEP 5. Find & Filter for Distressed Houses: Locate properties that offer the best flipping potential.
STEP 6. Make Discovery Calls to Agents: Contact real estate agents for on-market and off-market deals.
STEP 7. Further Analyze the Property: Assess the ARV (After Repair Value), repair costs, and potential profits.
STEP 8. Call the Agents Back & Submit Offer Terms: Present genuine and realistic offers to secure deals.
STEP 9. Offer Accepted & Due Diligence: Perform thorough due diligence after an offer is accepted.
STEP 10. Buy the Property: Complete the purchase process efficiently.
STEP 11. Renovate the Deal: Manage the renovation process to add maximum value to the property.
STEP 12. Get It Listing Ready & Put On the MLS: Prepare the property for listing and market it effectively.
STEP 13. Field Offers & Negotiate: Handle incoming offers and negotiate terms to maximize profit.
STEP 14. Accept an Offer: Finalize the best offer for your flipped property.
STEP 15. Officially Close on the Deal & Get Paid: Complete the closing process and enjoy your profits.
This video is perfect for beginners looking to break into house flipping, providing a detailed, step-by-step approach. Whether you're flipping a house for the first time or looking to refine your process, Alex’s insights will guide you through every stage.
TIMESTAMPS: 0:00 Introduction 0:32 Step 1: Pick Your Market 3:51 Step 2: Find Your Money (Lenders) 14:32 Step 3: Find 3 Contractors 18:50 Step 4: Find Investor-Friendly Agents 23:18 Step 5: Find Houses to Flip 31:11 Step 6: Make Discovery Calls to Listing Agents 37:44 Step 7: Further Analyze the Property 53:23 Step 8: Call Agents Back & Submit Offers 57:57 Step 9: Offer Accepted / Due Diligence 1:03:19 Step 10: Closing the Property 1:04:09 Step 11: Renovate the Deal 1:09:04 Step 12: Get it Listing Ready & Put it on the MLS 1:13:29 Step 13: Field Offers & Negotiate 1:15:15 Step 14: Accept the Offer 1:20:02 Step 15: Close the Deal & Get Paid!
