I have been getting a lot of emails and calls from people asking for the best way to start when learning how to flip houses. There is so much information out there and it can be hard to determine where you should begin. How do you get into this game? I’ve given it a lot of thought, and I’ve decided to share what I think are the top 5 things to do to not only get started, but to succeed at flipping houses.
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Great tips! Even after a few years of investing it’s a great reminder. Thanks Danny.
great article. the right mindset is key in everything you do!
Great article, Danny, I agree with your points and especially about not letting fear immobilize us, and finding a mentor.
Hi Danny, I have been really enjoying your blog and would like to know what “Wholesaling/rehabbing home courses would your recommend? Are their certain authors you have used?
There is one that I really learned a lot of from and actually enjoyed listening to. It was Ron Legrand’s Cash Flow System (wholesale – retail). You can probably find it on Ebay for pretty cheap. While a little outdated, the concepts are still the same and I would recommend it.
I really enjoy your insights, honesty and straightforwardness…..rare qualities in people these days. Keep it coming and I wish you all the bleesings and success that you so deserve.
Thanks, Chris. I really appreciate it.
I’m totally new to real estate and I’m loving your blog. I’m starting out from scratch with no money in the Atlanta area. I’ve always had a desire to get into flipping houses and would appreciate any advice you can give me. If you have any contacts in the Atlanta area that maybe I could talk with and possibly learn from please help me out.. Thanks..
Glad to see that you are getting into the best business in the world. The best advice I can give is to follow along on this blog and see what is producing the best for me and attempt to do those things. Just keep in mind that it takes time to build up but once you get things going, it becomes much, much easier.
I’m sorry, but I do not have any contacts in Atlanta.
@Terence & Danny
Don’t forget about J Scott. He’s in the Atlanta area (burbs) and I’m sure would have plenty of contacts by now. I won’t post the link Danny, you can if you feel it appropriate.
Thanks, Shane. J Scott is a great guy and he has a great blog as well. His blog is 123Flip.com. You should check it out for sure.
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My plumber Scott just moved to Atlanta and he is trying to get work, hes really good and has worked for some of the best San Diego rehabbers. Good prices too. His email is [email protected]. I’ve worked with hundreds of sub contractors and this guy is one of my favorites. Sorry to see him move but my loss is your gain.
Sorry to hijack your post Danny, haha hope you dont mind
Thanks for the great advice!
Thanks for all the great motivational info Mr. Johnson. I’m currently residing in Chicago, yet with the way my current company is going (USPS) i’m contemplating a move out to Sarasota, Fl. I have family out there that moved there about 8yrs ago from NYC. My father, brother and I are really setting our sites into the house flipping endeavor. I may be able to transfer out there with my job so that should help and staying with family would allow me to save for a great start. Any advice or contacts/mentors i can link up with in the florida area would be greatly appreciated. Thanks again and God bless.
Unfortunately, I do not have any contacts there to recommend.
Before I do my first wholesaling deal “DO I NEED A LLC?
Please see this post: http://www.flippingjunkie.com/2012/how-to-start-a-house-flipping-business-step-by-step
Nice answers in return of this query with firm arguments and describing all
I get a kick out of some of these comments. A genius must have written this one, or a spinner did a horrible job.