How to Get Started Flipping Houses for Beginners

Рет қаралды 27,545

10 ай бұрын

In this video, I'm going to share how to get started flipping houses for beginners. If you're looking to:
1. Understand how to spot a deal
2. Understand what it would cost to rehab a house and where to put the money
3. Understand how much potential profit is in a deal
... all BEFORE you buy it, then this is the video for you. In it, I'll cover all of that and more. Check it out!
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#realestate #investing #flippinghouses #money #makemoney #personalfinance #jamelgibbs

Пікірлер: 57

@jamelgibbs 9 күн бұрын

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@SMHSavingHomes 10 ай бұрын

To successfully flip a small house, research the neighborhood market, buy an undervalued property with cosmetic issues only, create a renovation budget and timeline, make repairs andUpdates to increase value, list the house with an experienced realtor at an attractive price, and market through multiple platforms to find buyers quickly.

@kingretro9105 9 ай бұрын

Not everybody got money to jus buy a undervalued property buddy

@blissdad13 8 ай бұрын

@@kingretro9105that's a given.

@blissdad13 8 ай бұрын

Thanks for posting this. what types of repairs would make you pass on a home?

@lancewilliams9549 8 ай бұрын

@@kingretro9105most successful real estate investors don’t ever use their own money, they leverage other people’s money. You can find fix and flip loans and use those

@tmb9126 5 ай бұрын

NO!!!! STOP GUTTING THE SOULS OF MID-CENTURY HOMES. YOU ARE DESTROYING HISTORY AND RUINING THE HOUSING MARKET!!!!! WE ARE WRITING TO OUR REPRESENTATIVES ABOUT THIS!

@michellebowling1979 8 ай бұрын

The first people to give ‘advice’ are the ones not doing it. And they’re usually not encouraging. I am trying to learn as much as possible. I’m a single mom and I really want to get into flipping. But I don’t know anyone that’s really in it, especially my age. But I’m trying to find my circle.

@philw9787 2 ай бұрын

Content is 5 Star!!!!!!!

@jamelgibbs 2 ай бұрын

🙏🏾

@realdoyledrums 3 ай бұрын

Really loved this one. Took notes as you went through it.

@javierperez5592 10 ай бұрын

Always Watching ..I Appreciate the Free Knowledge given .. Thank you..

@jamelgibbs 10 ай бұрын

🙏🏾

@howardreadus608 10 ай бұрын

One of your best videos

@StreetMotivationmag 10 ай бұрын

Now I wanna watch all your vids.

@DanKohan 10 ай бұрын

I enjoyed watching your property tour with Casey! Real estate can be tricky, but you guys are doing a great job figuring it out. Excited to see how this property transforms and more videos with Casey. Keep it up!

@jamelgibbs 10 ай бұрын

Thanks so much!

@4Strugglewithin 5 ай бұрын

@@jamelgibbs Are you sure about roof cost 6K , I think it is around 11 to 12 K

@heidifullriede8163 10 ай бұрын

You are so knowledgeable! This is exactly the video I was looking for. Going to see a house tomorrow roughly the same size. Definitely subscribing and binging the rest of your videos.

@jamelgibbs 10 ай бұрын

Thanks. Keep us posted.

@bunnyman6321 6 ай бұрын

Did you get the house?

@kingsmotivationsuccess7526 10 ай бұрын

Awesome video, I love the team work between you and your Realtor. You guys are doing a great work. Could you recommend how to get a reliable Realtor pls?

@Old_Skool_Og 10 ай бұрын

Jamel is a seasoned veteran and with that comes a lot of knowledge and wisdom on picking good players for his team.

@hop4ap 10 ай бұрын

Keep us informed on how this project goes. I would love to see the process and finished product

@abrahamzekios5252 9 ай бұрын

Good thanks

@AberrantArt 10 ай бұрын

Jamel, i love this type of video. Question about the paneling, is there drywall behind it? Or do you budget for new drywall after removing the paneling?

@cityoflove85 10 ай бұрын

Thanks! This was very helpful! Can we get another with the contractor and realtor?

@JackFrost-wu2bq 2 ай бұрын

Very good video.. giving a quick assessment of a property...However never wear shorts into these properties...Sometimes Bad stuff in floors and walls....

@michaelkusinski4610 7 ай бұрын

The $151,000 number you got after taking the 30% spread and subtracting the repairs is the amount you want to be around for purchase price? Great video, this was super informative. You've got a new subscriber!

@wesfrye6986 8 ай бұрын

Appreciate the video. New sub here.

@jamelgibbs 10 ай бұрын

↓Subscribe for more real estate investing tips↓ reieducationacademy.com/KZfaq-Subscribe Also, share and leave a comment below.

@Dvn_intervtn 5 ай бұрын

Hi Jamel is there any way I can get in contact with you directly? I’m very interested in this line of work and I’d love to talk to you about this

@cherylwills9407 2 ай бұрын

Just subscribed, How do I get in touch with you to purchase my first home?

@jgwilliams67 Ай бұрын

Have you considered split units in the home? Maybe a little cheaper. 🤔

@nicolasbenson009 10 ай бұрын

It is difficult to make exact projections for the housing market as it is still unclear how quickly or to what degree the Federal Reserve will reduce inflation and borrowing costs without having a substantial negative impact on demand from consumers for anything from houses to cars.

@lamarcurtis1582 8 ай бұрын

Damn dude walk out that car like mtv cribs😂😂😂😂

@squirrelattackspidy 10 ай бұрын

Thanks Jamel for the upload. Interesting and detailed information. I'd love to do this stuff but I suck at math. I'll keep watching your videos though and be inspired with your work. :) Hey dude, how much could you make off a flip like this?

@jamelgibbs 10 ай бұрын

Expecting about 100k

@squirrelattackspidy 10 ай бұрын

@@jamelgibbs I think I need to work on my math! 😁

@jamelgibbs 10 ай бұрын

Lol

@user-ch9qj1mc1v 5 ай бұрын

Hello I came from ETH last year I am a caregiver I paid government every month in Portland I need to buy a new home without a down payment how can I do is it possible or not

@fernandomonserrat1029 6 ай бұрын

How does she know it’ll be less than 10 days ? That’s crazy , that’s what I need

@just-ice777 10 ай бұрын

Question 🤚 using the hard money strategy don't you still have to come out of pocket and put your own money down? I saw where hard money lenders were only doing 70-75 percent loan to value. I found some that will finance 100 percent of the deals. But it seems like you need to have a track record to work with those lenders before they give you anything. Which is only fair. And What's up with the mentor program?

@propertypointers 9 ай бұрын

Partner up with someone who has the money to put down and you bring the deal.

@SoonComingKING Ай бұрын

I would love for you to help me get started. Please assist!!!!!! I just started looking at your videos yesterday. I’ve found houses and have a house to flip, but I don’t no what to do. Please!!!!!!!…

@jamelgibbs Ай бұрын

I do have a coaching program. It’s not free but you’ll get results if you put in the work. You can get more info at dealproacademy.com

@A143nickle 5 ай бұрын

Were you able to flip this house?

@ladonnal4225 10 ай бұрын

Are you leaving the paneling? So dated.

@whitecarmenlina 8 ай бұрын

@jamelgibbs any updates on the progress?

@melaniegraham5743 10 ай бұрын

Lake Jeanette! 27455...I know I'm in the right market when I see you investing here too! Jamel you are awesome and we are going to do a deal one day, Sir!

@jamelgibbs 10 ай бұрын

Thanks. Let's do it!