Real Estate Skills Podcast

Flipping Houses With Private Money: How Stephanie Made $150K!


Listen Later

Here's EXACTLY How Ultimate Investor, Stephanie, Flipped Houses With Private Money (& Made Over $150K Doing It!) Check out the full story in this Ultimate Investor Program Review!

🚨Check out the #1 Program for Building a Hyper-Profitable Real Estate Investing Business:

👉 https://www.realestateskills.com/ultimate-investor?pod

🔥Watch our FREE TRAINING to learn how to Wholesale, Flip, & Buy Rentals from the MLS without having to do any marketing:

➡️https://www.realestateskills.com/watch?pod

Stephanie was a successful food service entrepreneur who started flipping homes to prepare for retirement. In just under two years, she went from having zero real estate or construction experience to flipping four properties and making six figures in profit.

This is a deep dive into Stephanie's real estate investing journey — from beginner mistakes to big wins. You'll learn how she went from failed wholesale deals to profitable fix-and-flips, what she did right, what she'd do differently, and the exact strategies she used to find, fund, renovate, and sell her deals.

👷‍♀️ What You'll Learn From Stephanie in This Video

- How Stephanie made $40,000 on her first house flip

- How long project timelines can kill your profit — and what to do about it

- The real cost of permits and why she now pulls them herself

- Why she stopped using general contractors and started managing subs directly

- Her numbers: purchase price, renovation costs, sale price, and projected profits

- The planning and permitting problems that almost derailed her fourth flip

- How Stephanie overcame roadblocks using networking and flexible problem-solving

- How the Real Estate Skills community helped her scale faster with less risk!

Stephanie's story proves that anyone can succeed in real estate investing with the right mindset, community, and training. She didn't start with a background in real estate. She didn't have construction experience. But she made the smart move of investing in herself and leveraging the tools and support from Real Estate Skills to grow fast.

⚠️ Lessons From the Field

- Be cautious about scope creep — extra features and upgrades eat into profit

- Don't rely on one contractor for every project

- Always double-check permit requirements and ownership issues when using LLCs

- Time is money — every delay adds to your holding costs

- Learn to manage your own project or risk losing control

💡Real Estate Investing Isn't Easy — But It's Simple When You Have a Proven Plan

Stephanie credits much of her success to the training and support she received from the Real Estate Skills community!

The program taught her how to spot deals, analyze them correctly, manage renovations, and sell for maximum ROI. But more importantly, it gave her the confidence to keep moving forward — even when deals didn't go perfectly.

Real Estate Skills teaches everyday people how to invest in real estate using smart, repeatable strategies like on-market wholesaling and fix-and-flips. Our programs are designed for beginners and intermediate investors looking to grow fast without wasting time on outdated tactics or high-risk methods.

Whether you want to wholesale, flip, or build a rental portfolio, Real Estate Skills gives you the tools to do it the right way.

TIMESTAMPS:

0:00 - Why Many Investors Miss Out on Opportunities

0:38 - From Food Business to Flipping Houses

2:20 - First House Flip: $40K Profit Breakdown

5:07 - Why Timelines Matter In Fix & Flips

7:19 - Second and Third Fix & Flip Lessons

9:36 - The Power of Managing House Flipping Contractors Yourself

11:51 - Permit Problems and Budget Oversights

13:45 - Fourth Flip Strategy and Projected $75K Return

16:13 - Stephanie's Top Advice for New Investors

18:03 - How Real Estate Skills Helped Her Scale

29:20 - Third House Flip: Design, Basement Finishing & Tight Margins

36:04 - Funding House Flips with No Money Down

40:02 - Acquiring Flip #4 from the City: High Upside, Better Management

46:25 - What Life Looks Like After Multiple Flips

50:58 - Future Plans: More Flips, Rentals, and Getting Licensed

👋 Say "Hi!" on Social & Join our Community:

💻 Website - https://realestateskills.com/?pod

📈 Program - https://realestateskills.com/programs?pod

📸 Instagram - https://instagram.com/realestateskills

👨🏽‍💻 Facebook - https://facebook.com/realestateskillsdotcom

💙 SUBSCRIBE TO OUR CHANNEL & CRUSH IT AT REAL ESTATE!

➡️ https://youtube.com/c/realestateskills?sub_confirmation=1

#houseflipping #privatemoneylending #realestateskills

📝Disclaimer: This video is not personalized legal or financial advice. Always consult your own licensed attorney before acting on this information.

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

Real Estate Skills PodcastBy Real Estate Skills

  • 5
  • 5
  • 5
  • 5
  • 5

5

2 ratings


More shows like Real Estate Skills Podcast

View all
BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,777 Listeners

The Mindset Mentor by Rob Dial

The Mindset Mentor

13,610 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,078 Listeners

Real Estate Rookie by BiggerPockets

Real Estate Rookie

1,830 Listeners

Ready For Retirement by James Conole, CFP®

Ready For Retirement

809 Listeners

Flipping Mastery Podcast by Jerry Norton

Flipping Mastery Podcast

86 Listeners

The DealMachine Real Estate Investing Podcast by David Lecko, Ryan Haywood

The DealMachine Real Estate Investing Podcast

390 Listeners