Blog
DIY: How to Flip a House – Houses 9 of 15 (Video)
February 27, 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 you need to ensure your painting is done before winter starts Want to learn more about how to flip a house? Click here to view last week’s post! ...
read moreSeason 1, Episode 06: 5 Most Common Factors that Destroy Profit [Podcast]
February 25, 2015
Listen to the Audio http://andrewcordle.me/wp-content/uploads/2015/08/iflipuflip-s1e6.mp3Podcast: Play in new window | Download Click here for audio. Watch the Video Click here to watch the video. On this week’s edition of iFlipuFlip, we’ll be discussing factors that destroy profit on a flip. You’ll be learning about: Setting realistic budgets for your flip How a budget cheat sheet can save you both time and money Under improving your flip, and what it can cost you Tips on how to keep from over improving your property Effective ways to manage your timeframe of a flip Why you should always expect the unexpected How MLS is one of your most valuable resources Why finding correct comps is so very important to your profit Click here to download my FREE budget cheat sheet, as referenced in this week’s podcast! “A man must be big enough to admit his mistakes, smart enough to profit from them, and strong enough to correct them.” -John C. Maxwell 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 8 of 15 (Video)
February 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: How a material SKU list can help your contractors out on site! Want to learn more about how to flip a house? Click here to view last week’s lesson! ...
read moreSeason 1, Episode 05: 10 Items Every Investor Must Have in Their Car [Podcast]
February 18, 2015
Listen to the Audio http://andrewcordle.me/wp-content/uploads/2015/08/iflipuflip-s1e5.mp3Podcast: Play in new window | Download Click here for audio. Watch the Video Click here to watch the video. On this episode of iFlipuFlip we’ll be going over items that, as a real estate investor, you NEED to have with you while you’re on the road. Some of the main points that will be covered are: Car offices, the all in one solution for organizing your passenger seat (no more floorboard filing!) The importance of hand sanitizer Why having a camera handy is so important Having an Identity Package (business cards, letters, flyers) and who to give it to The Swiss army knife of your investor toolbox, your smartphone How owning a tablet can really benefit you on the go Blank contracts, your key to sealing the deal Why hands free devices are a must have (and my personal favorite) The many uses of laser and tape measures How graph paper can keep your ideas better organized There are quite a few cool resources referenced in the podcast this week: Redfin Zillow Docusign Ever Note Producteev Andrew Cordle App “To be prepared is half the victory.” -Miguel de Cervantes 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 more5 Proven Ways to Sell Your Flip Fast
February 16, 2015
What is the best way to sell your flip fast? The answer to that question will always vary depending on your situation. This week I’ll be covering some proven tactics that get flips sold quickly. These can be used in conjunction with one another, or you can choose one that fits your system best and implement it. Whatever method you choose to use, you will see results! Make your house the best on the market The real estate game is highly competitive. Buyers are always looking to get the best value for their dollar, and investors are always trying to outdo one another. In order to sell your flip fast you need to have more “wow” factors than your competitors and the right price. Pay attention to your competitor’s pricing and what updated features their houses offer. If you are just beginning a flip this will give you an idea of what to plan for. If you have completed a flip, researching your competitors could help you figure out if your house is lacking anything. Always take the extra step to make sure your house is the best value for the price. Whether it is spending more to get hardwood floors instead of carpet or taking extra time to make sure you’ve got the landscaping done, taking the extra steps to make sure your house is the best house for your dollar value eliminates your competition. Know what your buyers want Pay attention to your competitors Going the extra mile eliminates competition Get your house listed It is no secret that listing your flip is a fast way to get it sold. 88% of home buyers purchase properties through an agent. Sure, you’ll have to pay a commission, but isn’t it worth it to sell your flip fast? Cutting out agents is a bad idea. Sure, you can keep some extra money in your pocket for the time being, but what happens if your flip doesn’t sell fast? You’ll end up paying more in holding costs than if you would have just paid an agent to list your house. You may be great at marketing and can get your house sold in no time, but listing your house with an agent is a proven way to sell your flip fast. You’ll be exposing yourself to the majority of buyers looking for a new home and you don’t have to worry about marketing! 88% of buyers use an agent Not using an agent is really expensive You won’t have to worry about marketing with an agent Create an atmosphere Staging your house can really influence buyer’s decisions. It’s like providing them with a sneak peek into the future! Sure, when a buyer walks into a house they can use their imagination to picture themselves there, but why not give them some tools to work with? The dining room, living room, bathrooms and kitchen are really all that you need to worry about. Don’t go all out either. A couch, chair and set of end tables will me more than enough. Arrange them away from the walls and close together to create a warm inviting environment. Towels, soap and a few accent pieces are all you really need for the...
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