Comments on: What is “House Flipping”

By: J Scott

J Scott — Tue, 24 May 2011 01:11:52 +0000

Carlos -

As far as I know, no license is needed in any state to purchase, rehab and resell properties…

By: carlos reyes

carlos reyes — Mon, 23 May 2011 04:34:17 +0000

hello Jack D I m going to start a real estate investment company, we going to buy distress property, fixxer upper and other property what kind of license do i need in case i need please lets know thank you write me and i will cal you back thank and god bless you

By: sam

sam — Tue, 28 Dec 2010 09:53:27 +0000

Hey Scoot,
I’m a newbie Real estate investor /Real Estate Agent in Massachusetts and i came across your blog and let me tell ya; this is the best information iv came across so fare. keep up the good work.

Any way, Jack D had some really interesting questions. do you mind letting me know what you think about those five programs he mentioned?

also, I seen in your rental application you had a Douglas county High as nearby high school. im a Douglas county high Grad, class of “06″….. Rick Dobbs class. Navy Q.B maybe you Know him.

By: Jack D

Jack D — Mon, 23 Aug 2010 03:12:06 +0000

Hi Scott,

I found your website last night and I couldn’t stop myself from reading it until 2:00AM. Your blog website and the content is amazingly helpful to newbies. Your success gives me a lot of confidence that a tech guy can also do realestate investment. Thanks very much for your generosity of sharing everything for your projects !

I am the stage to find an entry point to get my feet wet on this Real Estate Investment adventure.

After I’ve spent 2 months of reading and reserching, I found the following possible business models:
1) TAX liens ( mostly due diligence to try to get higher probability to get the property not being redempted)
2) Whole sale ( such as Cris Chico http://www.virtualwholesaling.com/ who also in your friend’s blog);
3) Rehab & resale ( you business model);
4) Pastive income such as Multifamily apartment ( I am subscribing to loopnet.com and looking for 20+ units in Chicago area, one time transaction and will exhaust my savings and credit);
5) No money down “rent to own” flip ( such as Joe Crump’s program http://www.joecrump.com/partner/, however his program is expensive – $10k);

I am kind of overwhelming of the information of what do next. My question to you is, why did you decide to take this “rehab & resale” biz model instead of others twi years ago? Thanks a lot in advance.

By: Esteban

Esteban — Fri, 11 Jun 2010 17:46:46 +0000

Hey scott my biggestest problem is not finding the right information on the properties and making the frist offer happen. I know!i know! just do it! what adivse can you give me.

By: J Scott

J Scott — Sun, 21 Feb 2010 18:04:13 +0000

Dave -

I’m not going to remove your comment/advertisement, but I do want to let my readers know that I have never worked with you or your company before (don’t want people to think I’m endorsing your business).

That said, if the time comes that I’m looking for new contractors, I’ll be sure to give you a call to chat…

By: Dave

Dave — Fri, 19 Feb 2010 16:47:45 +0000

Good afternoon,
I just wanted you to know that my company, Supreme Painting and Remodeling, is available to perform any rehab project you need to be done. We have been in the home painting and remodeling business for over 20 years and have an excellent reputation.

We specialize in interior and exterior painting, roofing, all home remodeling projects including kitchen and bathroom, ceramic tile and hardwood floor installing, electrical and plumbing repairs, etc.

Should you require extra help in rehabbing any of your properties, contact me at supremehome@comcast.net or 678-789-6881. We are located in Canton, GA

Thank you.