June 26, 2023

328: Flipping Houses Can Be A Path To Riches If You’re Willing To Put The Effort Into It

328: Flipping Houses Can Be A Path To Riches If You’re Willing To Put The Effort Into It
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One of the oldest, tried-and-true ways to make money in Real Estate is to flip houses. Although not easy, it can be started with almost no money, just a lot of effort. Most people fail at it, but some do well, a select few make millions. If you don’t have capital, there are hard money lending companies and private individuals who will lend you all the money you need to buy and rehab a house. When it comes to finding the right house to buy, you can buy from a wholesaler who buys the home directly from an owner. In this scenario, you don’t have to hunt the deals down, a lot of the initial work has already been done for you. Sam Primm, co-founder of Faster Freedom, flips hundreds of houses per year and is currently teaching 1100 students to do the same.