Cash Flow For Life

5 | Beautiful Flips Don't Make Money


Listen Later

In today's episode of the Cashflow for Life podcast, Andrew talks with George and Tina, a married couple who transitioned from individual business ventures to jointly owning and building a successful real estate business. Tina, formerly a paralegal, and George, initially a house flipper and later a home inspector, discuss their journey in real estate investment. They emphasize the importance of treating real estate as a business, sharing insights on property flipping, rental management, and the challenges they faced, like dealing with contractors and scaling their operations.

The couple highlights the transition from flipping to rentals, explaining their focus on generating consistent cash flow rather than one-time profits from flips. George and Tina also talk about the importance of strategic property selection and management, aiming for properties with higher cash flow and avoiding complicated layouts.


They also discuss the value of being part of a real estate community, sharing experiences and knowledge with like-minded individuals. They stress the importance of focusing on a specific aspect of real estate, mastering it before exploring other areas.


Enjoy!



What You Will Learn In This Show:


  • George and Tina's shift from individual careers to a joint venture in real estate is a testament to the power of collaboration and shared vision in business.


  • The importance of approaching real estate with a business mindset, focusing on aspects such as property flipping, rental management, and overcoming operational challenges.


  • The couple's strategic shift from flipping houses to managing rentals, and the value of generating consistent cash flow over one-time flipping profits.


  • The art of selecting the right properties, prioritizing higher cash flow and simplicity in property layouts to streamline management and increase profitability.


  • Why concentrating on mastering a specific real estate niche before expanding into other areas ensures depth of knowledge and expertise.


  • And much more...


...more
View all episodesView all episodes
Download on the App Store

Cash Flow For LifeBy Andrew Holmes

  • 5
  • 5
  • 5
  • 5
  • 5

5

31 ratings


More shows like Cash Flow For Life

View all
The Joe Rogan Experience by Joe Rogan

The Joe Rogan Experience

226,832 Listeners

BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,798 Listeners

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business by The Rich Dad Media Network

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

3,853 Listeners

Rental Income Podcast With Dan Lane by Rental Income Podcast

Rental Income Podcast With Dan Lane

833 Listeners

Passive Real Estate Investing by Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Passive Real Estate Investing

983 Listeners

Main Street Business by Mark J Kohler and Mat Sorensen

Main Street Business

588 Listeners

Lifetime Cash Flow Through Real Estate Investing by Rod Khleif

Lifetime Cash Flow Through Real Estate Investing

1,413 Listeners

Bedros Keuilian Podcast Show by Bedros Keuilian

Bedros Keuilian Podcast Show

2,248 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,054 Listeners

Real Estate Investing with Coach Carson by Chad Coach Carson

Real Estate Investing with Coach Carson

608 Listeners

Ken McElroy Show by Ken McElroy

Ken McElroy Show

721 Listeners

Real Estate Rookie by BiggerPockets

Real Estate Rookie

1,837 Listeners

On The Market by BiggerPockets

On The Market

898 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

839 Listeners

Andy Elliott's Elite Mindset Motivation and Sales Training by Andy Elliott

Andy Elliott's Elite Mindset Motivation and Sales Training

159 Listeners