On this episode of the ClosersKlub I did a live Fix and Flip Master Class where I break down the step-by-step process of how to successfully find, fund, and flip properties for maximum profit. Whether you’re new to real estate investing or looking to scale your flipping business, this comprehensive guide will give you the tools and strategies you need to succeed.
Here’s what you can expect to learn:
• Networking with investor-friendly realtors and wholesalers
• Attending real estate meetups
• Tapping into pre-foreclosures, short sales, and foreclosure auctions
2. How to Run Your Numbers:
• Estimating ARV (After Repair Value) with tools like PropStream and local realtors
• Creating accurate construction/rehab budgets
• Calculating offer amounts and carrying costs
3. How to Raise the Money:
• Securing down payments through gap lending and equity investors
• Financing the purchase and construction using the 70% rule, and comparing banks vs. hard money
4. How to Manage a Project:
• Finding the right general contractor (GC) and scaling with project managers
• Managing draw requests and maintaining clear communication
• Implementing performance-based contracts to incentivize results
5. How to Sell for Top Dollar:
• Designing to sell and getting an accurate valuation from a realtor
• Using open house funnels and negotiation tactics to close the deal, with tips on incentives and knowing when to walk away
6. Two Biggest Mistakes to Avoid:
• Overestimating ARV
• Misunderstanding construction and rehab costs
This master class is packed with actionable insights and strategies to help you avoid common pitfalls and maximize your profit on every flip.
Watch now and take your fix and flip game to the next level!
To learn how to fix and flip for FREE, you can download a free copy of ‘How To Flip Your Way To Freedom’ Here: http://rlncompanies.com/f2f