8 Basic Steps to Flip a House

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Here is a clip from a seminar I did and I lay out the 8 basic steps to become a real estate investor that flips houses.  Here are the steps I lay out:

 Study The BusinessResearch Your Farm AreaFind A DealClose The PurchaseFix and Make House Market ReadyHold The HouseSell The HouseClose The Transaction

Of course I forgot to mention to Rinse and Repeat, so I guess that now makes it the 9 steps

 

This entry was posted on Thursday, December 20th, 2007 at 2:24 amand is filed under How To Flip Houses, Seminar Clips.You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “” Donald T. Says:
December 21st, 2007 at 12:53 pm

Great video. good information. Thanks

Tom Says:
May 25th, 2008 at 9:38 pm

I agree with you, flipping is not easy. The TV shows are all fake and those guys are making their money off selling bogus courses, not flipping. You can learn everything you need at the library. Great info on your videos. Check out my site, I am a San Antonio real estate investor and there’s tons of before and after pictures of my projects as well as helpful tips and online resources. http://www.tomtarrant.com

Tom Tarrant

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Laying the Foundation at an Ugly House on Everett Place

Thanks for visiting my blog, if you are visiting for the first time, you may want to subscribe to my RSS feed. The RSS feed will send you an email with the new posts, a great way to never miss a flipping house tip. Send me your questions or what you would like me to post on through the contact form above. Thanks for dropping by, Scott Patterson

Here we are finishing up the foundation for the addition on the house on Everett. 

First you dig a hole to pour the concrete in, here in North Carolina for a one story we need to have at least 16" of concrete deep.  Every locality will be different and it will depend on your average soil conditions and frost line. 

The inspector must inspect the footing for the foundation to make sure the soil is stable enough, once that passes inspection we can pour the concrete and then lay the block to make the foundation.

But really all you need to concentrate on as the investor is hiring the right people to navigate the inspections and code requirements.

Do not pay until you have passed inspection!!  It may look done, but it's not done until the inspector says it's done.

This entry was posted on Saturday, December 22nd, 2007 at 9:52 pmand is filed under Everett Pl Rehab.You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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