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House Flipping with Justin Williams from The House Flipping HQ Podcast
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:43:46
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Sinopsis
Think you can make money flipping houses? We talked to Justin Williams of House Flipping HQ about the art of making money remodeling houses. If you’re a fan of HGTV, flipping houses looks like a fast way to make some money. But as is true of all reality based shows, things aren’t what they seem. Justin flips houses off camera and lets us in on how it really works. Justin started as a real estate wholesaler. He found owners who wanted to sell quickly and not be bothered with things like repairs or evicting a non-paying tenant. He put the homes under contract and then sold the contract to to another buyer who was responsible for the repairs or evicting the tenant. Justin then collected a fee from the actual buyer. Justin is now the final buyer in the equation and flips houses like a business. This isn’t a little weekend DIY hobby. He looks to make a 40-45% return on each house, purchased with money borrowed at 12-18%. This makes his net return between 28-30% per house. His goal is to flip each house