How Much Can You Make Fixing and Flipping Houses?


 

In this video I am opening a FedEx in my office, and showing you the checks that came in. These were checks that I received from the Title Company for closings on a fix and flip ($100,000+) a wholesale flip ($26,000) and two small wholesale flips that were $3,600 and $4,500.

The purpose of showing you this is not to brag. That is not my intention (although I am sure you will think it is). What I really want to show you is that it is possible to make more than six figures on just one fix and flip. Adding all of these checks that came in today’s FedEx, adds up to a lot more than most people make in an entire year.

The question is how is this possible?

Is this even real?

I had a student at a boot camp once ask that exact question. They didn’t believe it. It made no sense to them. They wanted to know how it was that they went to work every day and worked so hard to make $60,000 a year, when I was making more than their annual income flipping just one or two deals. At that boot camp, my student Chris (who has fixed and flipped 50+ houses) was sitting right next to that student. I asked Chris in front of everyone at that boot camp. “Chris, what was the address of the last house you purchased and sold?”. I showed everyone in the room how to look up the information on the property appraiser website (by putting it up on the screen). You see real estate transactions are all public record. You can look up any property and see for yourself what it sold for, who the buyer was, and what the buyer paid for the property. You can also see what they resold the property for. It’s all public record. When everyone in the boot camp saw that there was a student sitting right there at the boot camp with them in the room that had made more than $100,000 on a fix and flip then they realized that this was possible.

Many of my students  are now multi millionaires from learning how to invest in real estate.

I didn’t always know how to flip houses. It’s hard to believe that once upon a time I used to have a job and a paycheck (probably just like you). The first lesson that you need to learn is that you will never create wealth working working hard at your job. Your job is just a vehicle to pay the bills. If you want wealth and financial freedom you will need to learn how to invest.

Investing In Real Estate is The Best Way To Start Creating Wealth:

1. You don’t need any cash to get started investing in real estate (you don’t need any credit either)
2. You can start out by being a “bird dog” (deal finder) for other investors (like I did by working for my mentor Ben)
3. You can get paid on every deal you find without putting up any cash (like I did when I first started out)
2. You can leverage other people’s money by borrowing from Private Lender’s to  invest in real estate (that is how I learned)

The question is, how can YOU get started?

The First Step Is To Get Over Your Cynicism and Skepticism.

You many not think you are cynical or skeptical. But I bet that while you are reading this you are probably thinking to yourself “did that student really make $100,000 on a fix and flip?” Do you see what I mean? We are all born skeptical. We need knowledge to change that.

The Second Step Is Knowledge and Education

Nothing will overcome skepticism, cynicism and fear, more than educating yourself. I recommend that you attend my Fixing and Flipping Houses Boot Camp. Educate yourself and meet students of mine like Chris (who will be at the boot camp) that have made millions of dollars fixing and flipping houses.

Understand how real this is and that the only thing stopping you from doing this too is lack of knowledge. Look at the picture below. That’s my student Ansar who made $110,000 on his FIRST FIX AND FLIP. The profit from that Fix and flip represented two years of his annual take home salary. Imagine making two years worth of salary on one fix and flip!

Ansar Made 110k on His First Fix and Flip

Learn how it is possible to make $100,000 on one fix and flip!

Learn how to find private lenders to give you the cash to buy and fix properties (I loaned my own money to Ansar)

Learn How It Is Possible To Make More Money Than Your Annual Salary Flipping Houses

and most importantly……

Learn How YOU can get started doing this!

So how do you get started? The answer is you start by learning how to find wholesale deals. You learn how to find deals for other investors and you learn how to get paid a finder’s fee for each deal that you find. In the real estate industry we call this being a “bird dog” or property locator. That is how I started working with my mentor Ben and that is my most recommended method of starting out. Don’t risk your cash or credit. Instead just get paid to find deals for other investors. When you know how to find deals then you can keep them as rentals or fix and flips. But before you can do this you need to know how to find deals. And the best way to learn is by being a deal finder and finding deals for other investors. This is one of the reasons why my Real Estate Bird Dog and Partnership Program is so popular. It’s included with my comprehensive real estate training program for all students.

You can get paid $10,000 to $20,000 or much more as a deal finder just for finding houses for other investor’s. My student Marcelo’s average deal on a wholesale flip is last year was over $40,000!

If you want to learn how to get started wholesaling real estate and being a deal finder then I recommend that you start out by attending my Wholesaling Real Estate Boot Camp

The boot camp is part of the Lex Levinrad Real Estate Training Program which is a complete immersion comprehensive real estate training program which teaches you all aspects of real estate investing including How to Become A Real Estate Bird Dog (deal finder),  Wholesaling Real Estate, Flipping Houses, Fixing and Flipping Houses, Buying Rentals, Airbnb and Short Term Rentals, Creative Financing, Building Long Term Wealth, and how to buy  Foreclosures and Bank Owned Properties.

Students in my Real Estate Training Program get access to all of my 6 live training events (which are called boot camps). These boot camps are all 3 day events which are held from Friday to Sunday (9 A.M to 5 P.M.) and many of the boot camps include a bus trip. Students in our real estate training program get access to the Wholesaling Real Estate Boot Camp, and the Fixing and Flipping Houses Boot Camp.

They also get access to all of our other live training boot camps including the Airbnb and Short Term Rentals Boot Camp, the Buying Rentals and Building Wealth Boot Camp, the Wholesaling and Flipping With Creative Financing Boot Camp and the Foreclosures and Bank Owned Properties Boot Camp

In addition to these 6 live training events, all students in my real estate training program get access to our Real Estate Bird Dog Training and Partnership Program which includes 63 different training modules on how to get started as a deal finder. Students in our Partnership Program can partner with us on deals where we find buyers for their deals (and fund the deals too). We also provide a Proof of Funds Letter for students in our real estate training programs as well as transactional funding for all deals in our Partnership Program.

My comprehensive real estate training program has been refined by me based on the lessons I have learned as a real estate investor over the past 22 years. More than 7,000 students from all over the world have attended my real estate training program which also includes access to my online real estate training site www.lexrealestatetraining.com, as well as videos, documents, training webinars, a Home Study Course, Audio’s, as well as access to our Student Support Desk and all of our comparable sales training and all of our purchase contract sites.

In order to ensure that all students are onboarded correctly, I only allow 4 new students per month into my real estate training program.

If you think you are a good fit for my real estate training program and want to work with me you can complete an application here

If you have any questions about my real estate training program and want to speak to one of our Student Support Managers or Coaches, you will be able to schedule a call after completing the application

If you have any questions about our upcoming events feel free to call my office at (561) 948-2127. Our events calendar is located here

If you are brand new to real estate and want to learn more about wholesaling real estate and how to wholesale and flip houses, then you should register for the Wholesaling Boot Camp which is coming up using the link below: