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I’m Levell, a father, educator, former pilot, entrepreneur, investor.
All these describe me, but other than, “father”, the title that means the most is educator/investor. I’ve owned a real estate company, helped lots of folks buy and sell their own homes, and helped quite a few real estate agents launch their careers. In fact, I recently celebrated 50 years in the real estate business! Today, I buy and sell single family homes. I retail, wholesale, and fix and flip! And my current mission is to help newer investors gain their financial independence by teaching them to successfully wholesale and fix and flip single family homes.
Are you just getting started? Not sure exactly what to do, or how to do it? Join me and get front row, first-hand knowledge of how to successfully (that is, profitably!) wholesale, and fix and flip – without any financial risk!
Welcome!
The purpose of our program is to guide you, the newer real estate investor, in your Fix & Flip or Wholesaling career by allowing you to have a “paper trade” experience. In other words, you’ll watch over my shoulder as I progress through each stage of the process. Of course, this will include attending property tours, enabling you to view and walk through properties in various stages of repair – a true “hands on” experience, without the financial risk! Our goal is to provide you with practical experience and profit, while allowing you to avoid loss of capital.
THE BASICS
Fix and flip real estate strategies involve purchasing properties that are in need of renovation or repair, making the necessary improvements, then selling them for a profit. This can be highly lucrative for investors with a sound understanding of the local real estate market and repair/upfit processes.
Some advantages of the Fix & Flip strategy
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1. LEVERAGE
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2. Profit Potential
One of the primary attractions of fix and flip real estate is the potential for substantial profits. By buying properties at a lower price due to their condition and improving them, investors can sell the properties at a higher price, ideally making a significant profit.
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3. Active Investment
Fix and flip is a hands-on investment strategy that allows investors to actively engage in the entire process, from property acquisition to renovation to selling. This can be appealing to those who enjoy a more involved approach to their investments.
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4. Market Expertise
Successful fix and flip investors develop a deep understanding of their local real estate market. They know which neighborhoods are promising, what types of properties are in demand, and how to accurately estimate the after-repair value (ARV) of a property.
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5. Value Creation
Investors skilled in fix and flip can identify value-adding improvements that will yield a higher return on investment (ROI). By making strategic renovations and upgrades, they can increase the property's appeal and market value.
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6. Short-Term Gains
Compared to buy-and-hold strategies, fix and flip investments tend to have shorter investment horizons. This means that investors can potentially realize profits more quickly and have the flexibility to move on to the next project.
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7. Economic Conditions
In a market with increasing property values, fix and flip can be especially profitable. When property prices are rising, the potential for higher profits upon sale is enhanced.
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8. Skill Development
Investors who engage in fix and flip projects can develop valuable skills related to property evaluation, negotiation, project management, and understanding construction and renovation processes.
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9. Diversification
For investors with a diverse real estate portfolio, fix and flip can offer a way to diversify their investment strategies. This approach complements long-term rental properties and provides an opportunity to capture gains from short-term market fluctuations.
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10. Renovation Expertise
Over time, successful fix and flip investors can build a network of contractors, designers, and other professionals who contribute to their projects. This network can be leveraged for more efficient and cost-effective renovations.
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11. Personal Touch
Fix and flip investors often have the creative freedom to put their personal touch on a property's design and layout, making the process creatively satisfying.
CHAPTERS
