Rick Howell went from working as an electrician to flipping eight homes at a time — pulling in $30,000 profit per deal. In this episode, he breaks down how he scaled up without burning out, how he decides whether to flip or wholesale, and the simple systems that keep the money moving. KEY TALKING POINTS:0:00 - Intro0:40 - An Overview Of Rick Howell’s Business2:21 - His First Rehab & Learning How To Renovate6:51 - Getting His Real Estate License9:51 - The Rental Side Of His Business & Property Management14:23 - The Struggles Rick Has Seen In Self Managing Your Rentals16:26 - The Rental Scam David Encountered19:03 - How They Decide What Properties To Keep As Rentals21:29 - His Average Deal Numbers And How He Approaches Rehab Costs26:18 - How They Find Their Leads28:22 - The Data From DealMachine36:23 - A Marketing Pro Tip37:14 - Closing Thoughts38:07 - Outro LINKS:Instagram: Rick Howellhttps://www.instagram.com/rickhowellrei/ Website: Rick Howellhttps://solo.to/rickhowell Instagram: David Leckohttps://www.instagram.com/dlecko Website: DealMachinehttps://www.dealmachine.com/pod Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments Website: Heritage Home Investmentshttps://www.heritagehomeinvestments.com/

Rick Howell went from working as an electrician to flipping eight homes at a time — pulling in $30,000 profit per deal. In this episode, he breaks down how he scaled up without burning out, how he decides whether to flip or wholesale, and the simple systems that keep the money moving. KEY TALKING POINTS: 0:00 - Intro 0:40 - An Overview Of Rick Howell’s Business 2:21 - His First Rehab & Learning How To Renovate 6:51 - Getting His Real Estate License 9:51 - The Rental Side Of His Business & Property Management 14:23 - The Struggles Rick Has Seen In Self Managing Your Rentals 16:26 - The Rental Scam David Encountered 19:03 - How They Decide What Properties To Keep As Rentals 21:29 - His Average Deal Numbers And How He Approaches Rehab Costs 26:18 - How They Find Their Leads 28:22 - The Data From DealMachine 36:23 - A Marketing Pro Tip 37:14 - Closing Thoughts 38:07 - Outro LINKS: Instagram: Rick Howell https://www.instagram.com/rickhowellrei/ Website: Rick Howell https://solo.to/rickhowell Instagram: David Lecko https://www.instagram.com/dlecko Website: DealMachine https://www.dealmachine.com/pod Instagram: Ryan Haywood https://www.instagram.com/heritage_home_investments Website: Heritage Home Investments https://www.heritagehomeinvestments.com/

Rick Howell went from working as an electrician to flipping eight homes at a time — pulling in $30,000 profit per deal. In this episode, he breaks down how he scaled up without burning out, how he decides whether to flip or wholesale, and the simple systems that keep the money moving.&nbsp;KEY TALKING POINTS:0:00 - Intro0:40 - An Overview Of Rick Howell’s Business2:21 - His First Rehab &amp; Learning How To Renovate6:51 - Getting His Real Estate License9:51 - The Rental Side Of His Business &amp; Property Management14:23 - The Struggles Rick Has Seen In Self Managing Your Rentals16:26 - The Rental Scam David Encountered19:03 - How They Decide What Properties To Keep As Rentals21:29 - His Average Deal Numbers And How He Approaches Rehab Costs26:18 - How They Find Their Leads28:22 - The Data From DealMachine36:23 - A Marketing Pro Tip37:14 - Closing Thoughts38:07 - Outro&nbsp;LINKS:Instagram: Rick Howellhttps://www.instagram.com/rickhowellrei/&nbsp;Website: Rick Howellhttps://solo.to/rickhowell&nbsp;Instagram: David Leckohttps://www.instagram.com/dlecko&nbsp;Website: DealMachinehttps://www.dealmachine.com/pod&nbsp;Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments&nbsp;Website: Heritage Home Investmentshttps://www.heritagehomeinvestments.com/

337: How Rick Does 8 Flips At Once For $30k Profit Each

It is a tragedy that 95% of the country is brainwashed into believing that you have to work 50 hours per week for 50 years just to retire. By that point, you might not even enjoy your time off!

This podcast helps you escape the traditional 9-5 and embark on a fulfilling, financially rewarding journey.

We will show you how it is possible to make your annual salary, monthly through a proven business model called wholesaling real estate.

Why wholesaling real estate? This perfect strategy doesn't require significant capital to actually purchase the property yourself, it allows you time freedom without being at someone’s beck and call, and you can make 15% of each deal. You simply find distressed properties and connect them with investors. It's a flexible and scalable way to enter the world of real estate without many of the traditional barriers and offers 5 figure paydays.

If you're a newcomer to this world, this podcast is specifically designed for you. Here's what you can look forward to:

Wholesaling 101: We break down the ABCs of wholesaling. And no, 'B' doesn't stand for 'Boring.'

Beginner’s Bootcamp: Think of this as your training wheels in real estate, only a lot less embarrassing than the ones on your childhood bike.

Action Steps: Get ready to jot down exactly what to do next.

Support Squad: Dive into a community of fellow newbies with experts we bring in to help. You will achieve success much faster when you have access to people who have achieved what you want to achieve, and the support from those on the same path.

Ready to get started? Let's get you listening all the way to the bank.

Subscribe and leave us a review!

Sign up for a free trial of DealMachine : https://www.dealmachine.com/pod

Business

Entrepreneurship

Education

Investing

How To

It is a tragedy that 95% of the country is brainwashed into believing that you have to work 50 hours per week for 50 years just to retire. By that point, you might not even enjoy your time off! This podcast helps you escape the traditional 9-5 and embark on a fulfilling, financially rewarding journey. We will show you how it is possible to make your annual salary, monthly through a proven business model called wholesaling real estate. Why wholesaling real estate? This perfect strategy doesn't require significant capital to actually purchase the property yourself, it allows you time freedom without being at someone’s beck and call, and you can make 15% of each deal. You simply find distressed properties and connect them with investors. It's a flexible and scalable way to enter the world of real estate without many of the traditional barriers and offers 5 figure paydays. If you're a newcomer to this world, this podcast is specifically designed for you. Here's what you can look forward to: Wholesaling 101: We break down the ABCs of wholesaling. And no, 'B' doesn't stand for 'Boring.' Beginner’s Bootcamp: Think of this as your training wheels in real estate, only a lot less embarrassing than the ones on your childhood bike. Action Steps: Get ready to jot down exactly what to do next. Support Squad: Dive into a community of fellow newbies with experts we bring in to help. You will achieve success much faster when you have access to people who have achieved what you want to achieve, and the support from those on the same path. Ready to get started? Let's get you listening all the way to the bank. Subscribe and leave us a review! Sign up for a free trial of DealMachine : https://www.dealmachine.com/pod

Share 337: How Rick Does 8 Flips At Once For $30k Profit Each

Sign up to save your podcasts

337: How Rick Does 8 Flips At Once For $30k Profit Each

337: How Rick Does 8 Flips At Once For $30k Profit Each

More shows like The DealMachine Real Estate Investing Podcast

BiggerPockets Real Estate Podcast

Rental Income Podcast With Dan Lane

Passive Real Estate Investing

Wholesaling Inc with Brent Daniels

Lifetime Cash Flow Through Real Estate Investing

Ken McElroy Show

Real Estate Rookie

Wholesale Hotline

BiggerPockets Daily

Wealthy Way

Action Academy | Replace The Job You Hate With A Life You Love

On The Market

Get Creative with Pace Morby

The BetterLife Podcast

The David Greene Show