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🔒 Empire Builders 🌱 is happening in 11 hours
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DEAL OR NO DEAL 🙅‍♀️
Hey Guys, For the next few weeks I am hosting a FREE workshop for those looking to get into their first flip. You can join here or check out the calendar. If you can't make it there will be a replay sent out. I know most of you enjoyed the live deal analysis so I am going to try to do that here but will share a video instead. So, please drop your "DEAL OR NO DEAL 🙅‍♀️" below so I can take a look. I won't be able to do all of them but I will try to do at least one per week! 👉 For best results, please send a property with your hypothesis on ARV & reno costs. The deal must have interior photos as well. Thanks, Steph 🚀 Register here: https://zoom.us/webinar/register/7017380141765/WN_vdq197mgTNywyKG9Y4nEBQ
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New comment 8h ago
DEAL OR NO DEAL 🙅‍♀️
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Progress on my flip!
Hey everyone, perhaps some of you saw my first post about this flip (Santa Fe house) just wanted to share a few pics. Right now priming the inside (some leeching happened through primer and I had to buy like 5 spray cans of this heavy duty primer… still recovering since I was the one who went over and sprayed it haha!) 😆 Today my crew replaced some of wood that had been rotting, feels so good to have rotten wood replaced. 😎 Next is finish painting the inside. We decided to keep the cabinets we will have them painted too. Then the outside will be painted, floors put in, new vanities, fixtures, and a new fence installed. Landscaping will have to happen to but I feel like that’s the final step so I’m not even really thinking of it much now. Happy flipping everyone!
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New comment 1d ago
Progress on my flip!
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👋 START HERE 👋 (Introduce Yourself in the Comments Below)
Step 1: Watch the welcome video Step 2: Introduce yourself in the comments below Welcome to the Flippin' Launch family! 🏠🚀 We're thrilled to have you here and can't wait to get to know each of you better. To kick things off, let's do a round of introductions! Please share any (or all of the following): 1. Your name 2. Where you're located 3. Any real estate experience you have (it's okay if it's none!) 4. Why you joined Flippin' Launch 5. A fun fact about yourself 6. What you hope to accomplish with real estate investing 7. BONUS: Add a picture of yourself or your favorite place (if you're comfortable) Here's a template to help get you started: "Hi everyone! I'm [Your Name] from [Your Location]. I [have/don't have] experience in real estate - [brief description if applicable]. I joined Flippin' Launch because [your reason]. A fun fact about me is [interesting tidbit]. Through real estate investing, I hope to [your goals]. Can't wait to meet you all and start this exciting journey together!" Don't be shy - we're all here to learn and grow together. Your story might just inspire someone else in the group! LFG! 🏡💪
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New comment 8h ago
👋 START HERE 👋 (Introduce Yourself in the Comments Below)
How to Find Deals on the MLS: A Step-by-Step Guide
Hey Flippin Fam! 👋 Today, I'm breaking down how to find killer deals on the MLS, even in markets you're not familiar with. // Here's my the process: 1. Choose Your Market - Research top cities for flipping (check out my top cities if you're stuck) - Use Google to find trending markets if you're exploring new areas 2. Set Up Your Search - Use Zillow or your preferred real estate platform - Filter for single-family homes - Set your price range (up to $100k in this example) - **Pro tip: Add keywords like "as is" or "investor" to narrow results 3. Analyze the Map - Look for outliers - properties priced differently from their neighbors - Avoid clusters of low-priced properties (likely indicates a low-value area) 4. Evaluate Individual Properties - Check property condition (occupied is often a good sign) - Look for properties needing updates but not major renovations 5. Use Zillow's Map Features - Enable "lot lines" view - Look for recently sold properties as potential comps 6. Select Comps - Choose 3-4 recently sold properties similar to your target - Be cautious with pending sales - final price may differ 7. Calculate ARV (After Repair Value) - Use the average price per square foot from your comps - Multiply by your property's square footage - Double-check against neighborhood "caps" to ensure realistic ARV 8. Run the Numbers - Use a deal calculator (like the Deal or No Deal spreadsheet) - Input property details, purchase price, rehab costs, and ARV - Aim for a minimum profit of $25k-$30k 9. Verify and Act Fast - Double-check your numbers using a deep dive calculator - Contact the listing agent to verify property status and any undisclosed issues - Move quickly if the deal looks good! 10. MAKE AN OFFER 🙌 Remember, practice makes perfect. It might take some time at first, but soon you'll be analyzing deals in minutes like a pro! Don't forget to grab your Deal or No Deal calculator to start analyzing like a pro!
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New comment 2h ago
How to Find Deals on the MLS: A Step-by-Step Guide
Quick Tour & Intro to Flippin Launch
Just wanted to share this quick tour with you so you can find your way around easier. While the desktop version of Skool is great for watching the courses and trainings, be sure to download the app! If you have any questions or issues looking getting around, please just drop them below!
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New comment 8h ago
Quick Tour & Intro to Flippin Launch
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Flippin' Launch 🚀
skool.com/flippin-launch
Launch your real estate investing journey. Learn fix and flip, BRRRR strategies, w/ access tools to start building wealth & build your Flippin Empire.
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