Flipping Houses

I bet you thought you had seen the last of the flipping houses types. I mean in an economy such as we have now and with many agents scurrying to find work and many others being relegated to being part time realtors, who in their right mind would be foolish enough to be flipping houses right now. Answer… lots of us!

You see we have been saying for months now that this is the BEST REAL ESTATE MARKET EVER and we firmly believe this. I have often quoted John D. Rockefeller in what should be the mantra of the real estate industry… “the time to buy is when blood is running in the streets”… because it could not be more true.

In fact it is so true it should be the catch phrase of the National Association of Realtors but that would mean that they actually supported the efforts of its members to make money.

You know I really hate the term flipping houses. It has such a denigrating quality to it. I prefer the term real estate arbitrageur. What we are really practicing is arbitrage on a smaller scale than our Wall Street counterparts. You see arbitrage, simply explained, is profiting from the spread realized during the sale of an asset.

Real estate agents think commission is the only way to do that. Wrong! Most, if not all, successful real estate arbitrageurs wouldn’t get out of bed for 3%. We know one guy who is NETTING over $220,000 per MONTH doing what some have called flipping houses.

Are you making $220,000 per month? More than likely not…neither am I. Gonna keep trying to get there though! But are you making $20-$40k per month? Now if not, I really have to ask you why not? It is so easy it’s literally child’s play to rake in that kind of jack. That’s maybe 1-3 deals per month.

Here’s what you need to be successful at flipping houses…um I mean real estate arbitrage in today’s real estate market.

1. You need a stream of ready willing and able buyers to sell to
2. You need an inventory of property at your disposal to sell to your buyers
3. You need a good source of transactional funding to fund your interim conveyance
4. Armed guards to provide security for you as you take your cash to the bank!

But we all know that many in the biz will read this and smirk. They will say that it is illegal, or immoral, or it’s a shame that someone makes that much money or that flipping houses got us into this mess.

All of which is why you can make an absolute killing flipping houses.

Almost everyone is either afraid or ignorant or both! My colleagues and I are seeing this market for what it truly is, the greatest opportunity for promulgating wealth ever seen or at least not seen during our lifetimes. If you are missing out then you deserve to be broke.

One of the easiest ways to make money flipping houses is to wholesale deals via an assignment of contract. But that’s just one of many ways that we will be discussing how you make great money real estate investing in today’s market.

Over the coming weeks we are going to be talking more about flipping houses. If you’d like to learn more about becoming a real estate arbitrageur and making tremendous profit flipping houses, then keep reading about it here on Real Estate Radio USA!

Fear of flipping Calgary Herald, on Thu, 18 Feb 2010 01:15:26 -0800 “Flipping houses is the most tried-and-true way to make a fortune in real estate,” says the show’s website. “But with the current slump in the housing …

Economic forum finds new sense of urgency Sarasota Herald-Tribune, on Sat, 13 Feb 2010 23:52:39 -0800… knew the economy and real estate markets were in for trouble when his hairdresser said she was quitting her job to start a new career flipping houses. …