Coming soon, the Andrew Cordle real estate investing iFlipuFlip Podcast! This year, we are pleased to announce our newest educational project, a weekly podcast available free to real estate investors of every experience level. That’s right, a FREE podcast for flippers and investors! A wise man once told me, “There is no such thing as too much education”! That holds true for real estate investors. Further, we’re not asking investors to pay for it. We’re “paying it forward” and helping investors take their knowledge and business to the next level and beyond! It’s paramount that investors continue their education as the market is constantly evolving and one needs to stay up with the latest market trends. Your podcast host is master investor Andrew Cordle. Andrew has been successful in real estate for more than a decade. He made his first million by the age of 25 and lost it all in the crash of 2008. Taking with him all of the lessons learned during the downturn, Andrew has developed a recession-proof method of real estate investing. He also celebrated an alliance with Home Depot in 2013. Andrew’s passion is helping people find their purpose! Using his relationships and marketing knowledge, Andrew continues to flip successfully all over the southern portion of the United States. Those markets include Atlanta, Chicago, and throughout Texas. Now, he will be sharing his real estate investing knowledge with you! The idea behind the iFlipuFlip Podcast is to be another tool in your educational arsenal. Our educational speakers will share their vast wealth of knowledge with you every week, for free! Can you find 20 minutes in your week to increase your investing knowledge? What will you take-away from the iFlipuFlip Podcast? Designing a flip Marketing real estate blogs How to flip a house Real estate systems Finding funding Rental properties Social media marketing Out of state rentals Investing for beginners Plus much, much more! So, are you ready to take your investing and your profits to the next level? Then download the weekly iFlipuFlip podcast today! Click below to have the blog read to you by the author! http://andrewcordle.com/wp-content/uploads/2015/01/2015-01-13-Cordle-1-MP3-File.mp3 ...
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In this video, Andrew shows you how to flip a house by executing the perfect system. For demolition, design and display in many different areas of the physical property. Andrew has spent the last decade showing investors of every experience level how to flip houses. Now you too can learn how to flip a house! This week you can expect to learn: What you can do with a back patio deck to help make sure you get top dollar for your house Interested in learning more about how to flip a house? Check out Part 1 and Part 2 to get caught up, and check back weekly for more awesome tips on how to flip a house! ...
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As a real estate investor, turning a profit on a flip is how you make your living. It’s how you put food on the table and grow your business. A profitable flip supports your business and personal life. This post will discuss the top five factors that prevent both novice and experienced house flippers from turning a profit on a flip. If you take these problems and apply the solutions to your business, there’s no reason why you can’t make a bigger profit on a flip! Problem 1: You don’t have a realistic budget Accurately analyzing repairs is a skill that always gets better with time and experience. After a few flips, you start to understand more of what to look for and extras to account for. Not all investors have time or experience. If you have just jumped into the real estate investor game or you only do a couple of flips a year, you may have problems accurately calculating the cost of repairs. You may be able to turn a profit on a flip, but maybe you feel like you could be making more. What can you do? Calculating repairs isn’t an exact science, but you can definitely get close! Try using my Budget Cheat Sheet. It is used for calculating general costs of material and labor. It also includes 10% of “fiscal wiggle room” to ensure that you can account for the unknown. Again, this does not calculate repairs down to the penny, but it will put you in an accurate ball park and should be included in your real estate investor tool box! You could also walk rehabs with a contractor. It never hurts to ask for help, especially if you have built a great relationship with your contractors. Without somebody like a mentor or a tool like a budget cheat sheet, you will have a hard time knowing what to look for and how much it will cost to fix. Walking a potential flip with a contractor can help build a great relationship with them, as well as increase your understanding of what general repair costs are. Try using a budget calculator to determine repair costs Walk potential deals with a contractor When it comes to budgeting, always account for the unexpected Problem 2: Over and under improving More often than not, rehabs end up under repaired. Chances are if you have done the deal and are looking to begin repairs on the house, then you have calculated your ARV. You know how much your house should sell for, but do you know why it should sell for that much? If you based your ARV on houses that had granite counter tops, then your rehab needs granite counter tops. Your house needs “wow” factors. If you under improve your house, there is no way you will to...
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In this video, Andrew shows you how to flip a house by executing the perfect system. For demolition, design and display in many different areas of the physical property. Andrew has spent the last decade showing investors of every experience level how to flip houses. Now you too can learn how to flip a house! Today you can expect to learn: How flower boxes can influence the look and feel of a home. Want to learn more about how to flip a house? Click here to view part three of the series. ...
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