Flipping Homes Is Not What It Used To Be

Television shows like ‘Flip or Flop’ glorified flipping homes and ruined the market with misinformation. Let’s talk about the facts of making money through flipping.

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House flipping shows are meant to be for entertainment purposes. Which means things are scripted, outlined and staged to make seem better than it is. 98% of projects are not worth flipping. The other 2% require special talent, a lot of money or both in order to be profitable.

I go through my five reasons why ‘flipping’ shows misled the public and my way of how to really flip.

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ABOUT ME:

Left the grind making $200,000+ a year at 27 and hit a net worth of $1,000,000 by my 30th birthday.

I’m a simple surfer who dreamt of chasing waves instead of the paycheck. Saved excessively in my 20s and made a few key investments that allowed me to purchase seven acres of raw land. Instead of hiring a builder, I decided to solo build my own income shipping container home – mortgage free.

I consider myself a fancy and frugal minimalist and now live off expenses of roughly $900 a month. I’m in love with business and entrepreneurship, with my “expertise” being real estate, specifically rentals and land development.

I spend my days growing my property management business, surfing, training Brazillian Jiu jitsu, traveling and learning how to cook new dishes.

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Видео Flipping Homes Is Not What It Used To Be канала Kai Andrew