Wanna get into real estate flipping, but don’t know where to begin?

Here’s a step-by-step thread on how to get started

(Thread below)
Find a house not listed on Redfin or Zillow. These are the properties that’ll have the most profit and least competition. You can do this simply by riding around your neighborhood writing down addresses
Get a loan to cover the purchase and renovation. You can get one of these loans with a 650 credit score and minimal down payment
Hire a contractor to do the repairs to the home. Make it nice and comparable to the other homes in the area that have sold for top price
Hire a realtor. List it online, receive offers, accept one, have your inspections done, and close. Collect your check. Everyone else does the work, you just hire and tell them what to do. You should make at least $40K doing this.
I have a guide on how to find deals that fit this criteria. It’s priced very low right now. This is the lowest it’ll ever be. I’m running a sale and will pick 1 random person to mentor from whoever buys using this link.

🔥$35 TODAY ONLY 🔥

gumroad.com/l/epNrB/1122th…

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More from @jdbuyshouses

21 Nov
Need some extra money before Christmas?

I took a building in the hood and flipped it for $12.7K profit without ever using ANY of my cash, credit, or needing a license to do so

Here’s a step-by-step on how to do so

(Thread Below)
1. Find a house that’s not listed on Zillow. These are the best deals. I usually look for vacant houses.

Contact the owner and ask them if they want to sell. Almost all the time, they do

Cost - $10-$15 in gas + effort
2. Put the property under contract. Do 0 work to the property. No paint, no labor. Simply put it under contract

Cost $0 + effort
(E-mail or Docusign is FREE)
Read 8 tweets
1 Oct
When I dropped my course I did a $1K challenge. Anybody who closed a deal off the info from my course, I’m pulling up to your closing with a $1K check. First dude who closed a deal was local. So that was easy. I wanna travel now tho.

Should I do a flash sale + $1K challenge?
Okay so I was already gonna run a flash sale today anyway, but I just got a DM that a guy who already closed a $10K deal off the info form my course just closed another $6K deal today. ImageImage
Not to mention the guy who won my first $1K challenge. Ge closed a $9.5K deal and I gave him $1K
Read 4 tweets
30 Sep
Y’all - “Somebody should to come fix up/do something w/ these abandoned houses/buildings”

Okay, well..know you + a couple friends can be that “somebody” right?

Here’s how you can do something w/ houses in the hood and not need a lot of money to do so

(Thread) ImageImage
Found this vacant house. Contacted the owner. Here’s How it looked before. Not bad, just dated. Image
Here’s how it looks now
Read 13 tweets
28 Sep
Y’all wanna be real estate investors right?
Oh yeah, this is how I got inside too.

This ain’t HGTV and this building ain’t on Zillow..stay with me tho
Y’all “oh my god the cabinets and tile are so old and yucky”

Meanwhile, every building I go in looks like THIS.

Y’all see mold and debris. I see dollar signs.

We got violations and water bill amount already. Back taxes come back right and it’s a BUY for me 🤑
Read 4 tweets
26 Sep
Give a man a fish and you feed him for a day, teach a man to fish and you feed him for a lifetime.

I fixed up his credit then showed him how to get into the real estate game w/ out needing big cash to start. He now has 700 credit + is up $10K since we started.

Here’s the story: ImageImageImage
I fix credit. He hit me in DM, said he wanted his credit fixed. Started on his credit 02/29. Here’s how his credit looked when we started
By July 16 he was a 701 score
Read 9 tweets
23 Sep
I ride past deals I’ve sold off all the time. I’m thru the city all day anyway so it’s no big deal.

I sold off this 6 unit building last year and made $10K the wholesale.

My 💰 was tied up at the time so I couldn’t keep the deal. I fucked up

We could’ve partnered and kept it
I just looked back at the closing statement to remember how much I got that deal for.

Bro I’m embarrassed. 🤦🏽‍♂️

Yeah, I made $10K on the deal but y’all would be pissed to know how much I got the deal for and how much it’s gonna make when done....if I told you
Rough numbers on what this building would have costed monthly

$95K purchase

$200K rehab

$2.8K yearly taxes

Refinanced at 6% (commercial loan)

$2.2K PITI (monthly mortgage)

6 units would have brought in $1,200 EACH. ($7,200 total)

🤢🤢🤦🏽‍♂️🤦🏽‍♂️🤯🤯🤯 Image
Read 4 tweets

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