The Biggerpockets Real Estate Investing Podcast

House flipping can be incredibly profitable and fun — but for many people, trying to make it work is next to impossible because of the high cost of homes. That’s why on this episode we’re excited to chat with Steve Jones, a house flipper from Southern California who has flipped over 100 deals in his neighborhood. Steve’s advice is rock solid for anyone looking to grow their real estate business — and you are going to love his advice about open houses. Steve’s perspectives just might change how you do real estate forever. In This Episode We Cover: Thoughts on investing in Southern California How Steve got started in real estate The first home he flipped What exactly a “condo conversion” is How he’s done over 100 flips so far How Steve finds his deals What you should know about looking for hidden value Steve’s formula for evaluating a deal How he flips a deal What he typical spends on a normal rehab The worst flip he’s ever done How to think with the buyers in mind Tips for getting an A-team contra