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.
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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!
🥇Check out our ULTIMATE INVESTOR PROGRAM on How To Get Started Wholesaling & Flipping Houses:
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✍️ Watch our FREE Training on "How To Get Started Wholesaling & Flipping Houses WITHOUT Spending $1 On Marketing," here:
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👉 If you're interested in using Kiavi as a hard money lender, you can use the link here:
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📚Get The FREE Downloadable Resources To Kickstart Your First Fix & Flip Deal:
✅ Download our "Comp Criteria Cheatsheet”
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✅ Download our "Scope of Work Template”
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📝 Disclaimer:
This video is not personalized financial or legal advice for the viewer.