What is real-estate flipping? I'm pretty sure you guys have seen all of the HGTV
shows. If you're like me you've been binge watching and you're like, "Okay, is
this stuff real? Is that money real?" Let's talk about it. I'm going to tell you the
truth. Let's go.
Okay, guys. So, take a moment if you haven't take a chance, go ahead and
subscribe to this channel. I'm bringing you content every single day. So, in this
video, I'm going to make sure that I am showing you not just what real estate
flipping is but how you can get in on it too. How you can start making those
numbers that you see people making. I'm going to share with know what HGTV
is not showing you behind the scenes and tell you some you know some really good
information that you can actually use. And then I'm going to give you some hidden
ways that you can do this with like no money. Okay there. So, we're talking about
real estate flipping, there's 3 types of flips that we need to kind of go over.
Because most people just think of the TV shows and they're like, "Okay, I fixed the
house and then I sell it." Okay, that's definitely one of the ways. Another way
that you can flip real estate is you actually don't have to fix the whole
property up. You can just get it under contract and find some people that want
to flip the property and then sell it to them and make a profit. And then there's
the third and final way. You can just fix the property a little bit and then sell
it again to an investor. So, I know we see on TV where they are fixing the house,
they're making it look totally nice. Totally brand new. You know, something
like this where we totally renovate it. But you don't necessarily have to do it
that way. That's just one way to do it, okay?
Again, you can actually just not fix the property at all and make a profit or you
can fix it up just a little bit and get a profit. So, those are really just the
three ways to get into it that HGTV is not showing you. The second thing when
we're watching HGTV and we're talking about real estate is how do we fix and
flip the property. I think that's what most people think about when they think
about flipping real estate. They're really talking about the true fix and
flip. So, let's go through that. So, when you have a fixing flip, obviously you're
gonna find a property that is in need of repairs. It is not in great condition.
Maybe it's old. Maybe it's outdated. Maybe it has green shag carpet and or
paint on the walls. Maybe it's falling apart and it is dilapidated. You know,
really like the types of houses that you're seeing on TV. Now again, that's TV.
So, let's kind of talk through is that what most people do? I'm going to let you in
on a secret. Probably not. Again, most of the things
that we're seeing on TV, they really want to show you a big transformation. They
want to show you that ugly house that went totally pretty. But in many cases
and we're talking about making money in real estate. And we're talking about
flipping. You do not have to do all of that stuff. You definitely need to find a
house that needs some repair. But it doesn't have to be dilapidated, it
doesn't have to be falling apart, it doesn't even have to need a lot. It
really may just need to take the furniture out of it and get a good
painting. It could be just that small. And so, as an experienced flipper or someone
that has been flipping houses essentially since 2004, I'm going to tell
you the truth. Then lastly, if we're saying you don't have to do all of that
and I'm telling you the truth of this. We really need to talk about how do they
finance all of this stuff. Because that is something I don't think they ever
really talk about on TV. We're watching these shows and we're seeing these
people flip houses and they have all of these sponsorships from
companies like Home Depot and Lowe's and you know Berkshire Hathaway and all
these great companies. Don't get me wrong. But probably not companies that are
going to be endorsing you and probably not companies that you or businesses that
you would go to to truly fix and flip a house. Because again, we're trying to make
a profit. So, think about this for a second: What should you be doing? What
should you be focused on when you're flipping a house? Because that's what a lot
of people don't know. And I'm going to tell you a quick story. So, most of you already
know I used to be working mom at a corporate job and I quit my job made
lots of money. Wholesaling houses, flipping houses and then it came to
YouTube and started telling you guys all of what I do. But let's go back. When I
was flipping houses and making a ton of money doing it, I did not go to any of
those stores that you see HGTV. I was never in like a Home Depot
and Lowe's and things like that. I was in like builder supply stores. Stores that
contractors went to. Stores that really probably don't have commercials or the
money to endorse a show on HGTV. Just being honest with you. So, the real way
the flip houses if you're going to do the whole fix and flip thing, that's like a big
secret that they don't tell you. You're definitely not going to be in those
stores if you're trying to make a profit. Or you're not buying like
retail things, paying retail prices. You're trying to find things that are
economical but look nice so that you can make a big profit. Now, I told you that
you don't even have to fix up the whole house.
So, what do you need to fix? Probably just a little bit in many cases if you're
going to just make a profit. You don't have to necessarily do everything that
you see them doing on TV. And of course, I'm giving you great content. I'm going to
keep making videos for you so you can see. And I'm going to start letting you in
and showing you how we do this for real without all of the TV and all the
endorsements and all of that crap that they have that you and I just did not
have when we're flipping houses. So, it comes down to what is flipping real
estate. And the key to flipping real estate is making a profit. You want to
get the properties as cheap as you can get them. Do what you need to do.
I'm not saying with that we're going to do crazy bad things to the property. You're
going to do what needs to be done to get it to sell, make it safe, make it inhabitable.
But you are not going to be probably doing all of that stuff that you see on
HGTV. And that's the truth. Alright. So, that concludes this video.
And again, I have an awesome opportunity that I want to share with you. Like I
said, I've been flipping houses for many, many years. Not going to tell you how old
I am. But I've been doing it a while. And I only really flip houses with my
students now. But I wanted to offer all of you guys a great opportunity. I'm
actually going to be running a contest because I want to take a regular people
and show them how it's really done. So, I'm going to say there's a link below
Win With Noelle, okay? Win With Noelle. Go to this website. We're running a contest. It's
absolutely free. All exclusive paid trip to Florida with me. And I'm going to flip a
house with you and give you the check. Details below. I'll see you next time.