How To Start Flipping Houses At Any Age
June 11th, 2021
Want to quit your job, or start a side business that earns you extra income? Read this article to learn how to flip houses at any age...
Follow these 5 simple steps to be a successful flipper no matter where you are in your journey of life. You can be a teenager, in your 70s, or anywhere in between. Wholesaling is the perfect option for everyone!
Choose a market and learn it well. The easiest way to start is in your hometown, where you are most familiar. But, if you live in an expensive area (like California) or a non-disclosure state (like Texas), you may want to consider wholesaling virtually. That allows you to work in any market from the comfort of your own home. Click here to learn more about non-disclosure states.
Watch this YouTube playlist where Jerry Norton teaches you everything you need to know about virtual wholesaling!
Find leads every day! Be consistent with this, because if you don’t have leads, there is no way to continue with the rest of the steps. There are dozens of ways to find leads, including driving for dollars, cold calling, bird dogs, and door knocking.
But, by far the easiest way to get leads is to join Jerry Norton’s Flipster software. Flipster is an all-in-one real estate software that helps you organize, streamline and automate all the steps to wholesaling and flipping houses. It also comes with millions of motivated seller leads all over the country. You can search by city, zip code, or county, so it’s perfect for finding leads out of state. To learn more about Flipster, CLICK HERE.
Click Here to watch a YouTube video where Jerry Norton shows you how to find leads using Flipster.
Learn how to calculate After Repair Value (ARV), so you can make competitive offers. ARV is what a house will sell for after it’s fixed up. You find this by looking at local comps in the area. Click Here to learn how to find comps and calculate ARV.
PRO TIP: Figuring out repair costs can be tricky, but Flipster comes with a rehab estimator that helps you estimate repairs in 15 minutes or less!
Make Offers. Make Offers. Make Offers! The more offers you make, the more deals you do. Period. Being successful in wholesaling isn’t magic. You just have to be willing to put yourself out there. It sometimes takes 100 offers to get one deal, so be persistent.
The fifth (and final) step is flipping the house using an assignment contract. You need to have the correct forms and contracts to do this legally, but (luckily) Jerry Norton has all the contracts you need inside Flipster. Click Here to learn more about assignment contracts.
Flipster is your one-stop shop to success in real estate. For the cost of a cup of coffee a day, you get everything you need to start your wholesaling journey. CLICK HERE to join Flipster today!