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Season 1, Episode 10: Ten Must Have Members for Your Rehab [Podcast]
March 25, 2015
Listen to the Audio http://andrewcordle.me/wp-content/uploads/2015/03/Podcast-S1E10.mp3Podcast: Play in new window | Download Click here for audio. Watch the Video Click here to watch the video. This week on iFlipuFlip we are talking about the ten team members you have to have when doing a rehab. You can expect to hear about: The benefits of specialized team members What you can save by having an interior and exterior contractors My experience with roofers Landscapers General contractors, their roles and responsibilities Granite suppliers and their jobs Who EMPs are and why you use them instead of a GC Why I use separate house cleaners and window cleaners How to manage your rehab roster “Teamwork makes the dream work.” -John C. Maxwell Click To Tweet Binge on All of the Current Episodes! If you want to listen to more episodes, you will find all of the currently released episodes of Season 1 Here. I release both audio and video episodes weekly. Share the Love If you enjoyed this week’s Podcast, please rate it on iTunes and write a brief review. That would help tremendously in getting the word out and raising the visibility of the Podcast. Subscribe to my Podcast ...
read more6 Steps You MUST Do Before You Start Flipping Houses
March 23, 2015
There are many obstacles that can keep you from flipping houses. In order to give everybody the best chance to be successful house flippers, we’ll be discussing 6 steps that you need to take before start. Follow these steps and you can begin building the foundation for a long successful career flipping houses. Step 1: Overcome Your Fear of Failure The number one reason why most people do not get into flipping houses is because of fear. Fear of losing money, fear of failure, fear of the unknown, fear of disappointing others and fear of change are all very true to most people. This is the cause of many who could be successful in flipping houses never even to try. The most important thing to do to conquer fear is not to quit your day job until you have at least a year of experience under your belt. It’s also important to have at least one year’s worth of salary as a fallback. These sorts of safeguards will reduce the amount of fear in getting started flipping houses. Another great way to overcome fear is to start educating yourself. Get out and start speaking to people who are currently doing it. Once you start realizing that these are people just like you, your fears start to dissipate. Now you’re ready to take the next step toward achieving your goals. By Realizing that it can be done and that your fears are misplaced, you can check fear at the door and get on to flipping. Don’t quit your job until you have a year’s of experience Educate yourself by talking to people in the industry Step 2: Start Networking It’s extremely important to get out and talk to people and network yourself. As mentioned in step number one, this is an important part of overcoming fear. However, if you really want to get into fixing and flipping, the best way to start networking is to go to local organizations and start speaking with people who are actually doing it. There are rehabbers, wholesalers, realtors, attorneys, lenders and real-estate professionals who meet every single month in your local area. Getting to know these people and seeing how their business works, as well as making some initial contacts, is an important second step in learning how to fix and flip. Some of the best kinds of meetings are National REIA meetings, chambers of commerce and business networking groups. Get out there and start networking! Make contact with people doing what you want to do Attend local and national REIA meetings Step 3: Start Building Your Team This is an area where many people that are new to real estate investing are not so sure about. Fixing and flipping is not a solitary endeavor. While the reality shows might make you think that it is, building a competent house flipping team is essential to your long-term success. First, it’s absolutely essential that you get a good real estate attorney. This attorney can help you set-up your business structure, whether it’s an S Corp., C Corp. or an LLC. You May want to ask some other real-estate investors who they use for attorneys. These referrals will be excellent potential sources of legal assistance...
read moreDIY: How to Flip a House – Houses 13 of 15 (Video)
March 20, 2015
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: Why paying attention to the details is so important Click here to watch the video Want to learn more about how to flip a house? Click here to view last week’s episode! ...
read moreSeason 1, Episode 09: 3 Must-Have REI Apps [Podcast]
March 18, 2015
Listen to the Audio http://andrewcordle.me/wp-content/uploads/2015/02/Podcast-S1E9.mp3Podcast: Play in new window | Download Click here for audio. Watch the Video Click here to watch the video. As a real estate investor, your phone is the most important tool you have. This week on iFlipuFlip we’re covering the three apps that you need to have. You can expect to hear about: The different mobile devices I use My Christmas struggle between Android and Apple Nozbe, and what I use it for How in less than six months, Slack has become a necessity for my business Why Producteev is great for working with people Why having different systems is so beneficial The resources mentioned in this week’s iFlipuFlip podcast were: Nozbe Slack Producteev “The best preparation for good work tomorrow is to do good work today.” -Elbert Hubbard Click To Tweet Read the Transcript Click here to download the entire podcast in writing! Binge on All of the Current Episodes! If you want to listen to more episodes, you will find all of the currently released episodes of Season 1 Here. I release both audio and video episodes weekly. Share the Love If you enjoyed this week’s Podcast, please rate it on iTunes and write a brief review. That would help tremendously in getting the word out and raising the visibility of the Podcast. Subscribe to my Podcast ...
read moreDIY: How to Flip a House – Houses 11 of 15 (Video)
March 13, 2015
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: How to enhance already unique parts of a house and what to look for Click here to view the video. Want to learn more about how to flip a house? Click here to view last week’s post! ...
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