The prices of houses are going thru the roof in many markets. How will it affect flippers? Lou shares a recent property deal he did which was ‘double-flipped’. What is the ’Greater Fool’ Theory and how does it impact today’s market?
All LIVE attendees can win a special prize so tune in!
Timestamps: 0:01 - Introduction - “ What’s happening in this flipping crazy market? 0:34 - Happy Independence Day! 1:51 - Massive Passive Income Event 4:00 - Wins of the week - 3 new members of PTHO 6:44 - The Greater Fool Theory 11:56 - One-day event for $1 on July 10th - https://www.WealthBuilderWorkshop.Online 16:20 - Street Smart Tuesdays at 5 pm ET - Tell us the things you want us to talk about! Questions for Lou: 16:35 - Is this the right time to buy? 20:08 - If we have a property management company to manage the properties then how does the money flow? 21:50 - In Washington state, the real estate market is very hot and it’s been years now. There is a law put into place so people can’t do what we used to do. How can we make money like that? People don’t give houses away in WA state. Have you developed any other strategies? What are the best states to do the work you like to do? 25:24 - Is it better to flip or hold in today’s market? 31:09 - Lou’s parting comments: Always be ready to learn and get new information.
If you are JUST getting started in real estate investing, you NEED to attend my ONE-DAY virtual training. I teach it LIVE over ZOOM, and it's only $1 (yes, one dollar) for SIX HOURS of solid how-to training! https://www.wealthbuilderworkshop.online
If you're ready for a more in-depth experience, then you owe it to yourself to investigate my THREE- DAY Millionaire Jumpstart Event. I host it four times a year in various locations, and you can attend LIVE and in person. I'm your coach all three days. Find out more at https://millionairejumpstart.com/
