Home Health Contract Show: How Did This Therapist Get Into House Flipping?
How did Bert get into the Real Estate business?
For him, it is another form of rehab – rehabilitating houses. And he will share how he analyzes a deal in just 5 minutes.
In this episode:
02:40 – How many years did it take for him to study Real Estate?
04:30 – Bert’s shows the first house that he flipped.
07:50 – Second house that he flipped.
09:05 – What is staging?
11:45 – Bert’s third flipped house.
15:25 – What are the 3 obstacles in house flipping?
16:45 – Problem #1 No money. Bert shares his ideas and solutions.
23:05 – Do not look at profit as something bad.
24:15 – Understanding The Patient Loop.
27:45 – How much money do I need to start up a real estate business?
29:20 – Problem #2 No Time. Bert shares how to solve this problem.
29:55 – Most important thing – find a trustworthy contractor.
31:50 – No endeavor is problem free.
32:20 – Problem #3 No deals. Bert dives into how to find deals (there are a lot)
33:40 – Bert gives 4 steps in how he analyzes deals. (Have your pen and paper handy)
37:00 – Sample computation.
42:20 – It’s not rockets science, you just have to put in the work.
Download the cheat sheet here https://www.rehabpreneur.com/real-estate-lead-magnet
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