Is Actual Property Flipping Nonetheless Price It?

Buying a rundown home, fixing it up, and tempting a possible purchaser with a proposal you possibly can’t refuse feels like an intriguing plan. A house that has been efficiently flipped may have the whole lot from glowing hardwood flooring to an open-concept chef’s kitchen.

In response to Peter Souhleris and Dave Seymour of Flipping Boston, flipping properties seem fulfilling, thrilling, and rewarding.

However is that this a appropriate enterprise mannequin for you? Is it price it to interact of their seminar? Are Peter and Dave the true deal? Let’s see!

This evaluation will go over The Flipping Method to see if it truly is the most effective actual property flipping course on the market.

You’ll additionally study whether or not actual property flipping is the correct on-line enterprise for you.

And on the finish, you’ll discover solutions to among the most ceaselessly requested questions relating to The Flipping Method and actual property flipping normally.

The Flipping Method is a course that teaches you about actual property investing.

When you’ve learn my different articles on actual property investing, you’ll know there are 3 major methods to take a position:

Wholesaling, buy-and-hold, and flipping.

Whereas every has professionals and cons, there’s a ton of potential for achievement in investing in actual property.

Actual property has created among the largest fortunes in world historical past.

That being mentioned, you must take a while to significantly take into consideration one thing:

Is now the most effective time for YOU to get into actual property investing?

As a result of regardless of the potential upside, investing in properties or land takes numerous capital, and could be very labor intensive.

Which means should you:

  1. Have lower than 3 hours per day, OR
  2. Aren’t sitting on $20K+ in disposable revenue

This might not be the most effective time so that you can begin investing in bodily actual property.

Don’t get me incorrect, actual property investing may be a tremendous solution to defend your property whereas producing money – however there’s a time and a spot for it.

However there’s excellent news!

All you want is a system to generate the money (& free time) it is advisable be prepared for actual property investing.

My most well-liked methodology of getting there may be by changing into a Digital Landlord

It takes the advantages of actual property investing, however removes most of the boundaries (& annoyances), like:

  • Small money move on properties
  • Having to take out debt
  • Coping with repairs and maintenance
  • Coping with tenants

The cool half is that the revenue is usually recurring (AKA semi-passive).

You can make wherever from $2,000-$10,000+ monthly doing it.

You may construct it as massive (or small) as you’re feeling like, with out the annoyances I listed above.

If that sounds fascinating, you would possibly think about changing into a Digital Landlord.

Then, you possibly can take the income and begin investing in bodily actual property a 12 months or two from now.

When you wanna see what The Flipping Method seems to be like on the within, preserve studying.

The Flipping Method Overview

What Is The Flipping Formula

The Flipping Method, a coaching program that teaches people the way to set up an actual property investing enterprise, presents a collection of primary coaching workshops throughout the nation.

The favored A&E house-flipping program Flipping Boston’s hosts Peter Souhleris and Dave Seymour created the course based mostly on the methods they used to construct their profitable actual property firm.

Pete and Dave based their actual property investing firm through the greatest housing disaster in American historical past and overcame probably the most difficult financial situations. Their distinctive home flipping method is the important thing to their success.

Peter claims they know the greatest occasions to enter the market when individuals are afraid to make purchases.

They don’t buy a home utilizing conventional credit score strains; their lenders finance the deal. Whatever the market, they will fund deal.

Potential home flippers could make a major revenue even in low-cost areas. Three Rochester-area neighborhoods have been simply included in 24/7 Wall St’s checklist of the ten Most Inexpensive Neighborhoods with the Greatest Faculties.

In response to the survey, wonderful faculties usually translate into greater housing costs.

The survey emphasizes that the location is especially fascinating for potential homebuyers. You may earn a major revenue as an investor by buying the neighborhood’s ugly duckling.

Dave and Peter purchase the home nobody desires and renovate it to turn into the nicest home on the road. Traders can profit even in undervalued markets.

The next are among the highlights of The Flipping Method seminar:

  • The way to spot worthwhile actual property transactions
  • Steps for acquiring finance with out counting on conventional credit score sources
  • A number of funding decisions for producing fixed, reliable revenue

The 5-Step Technique Information For Actual Property Investing

The Flipping Method is a real-estate technique that features the 5-Step Technique Information, which has confirmed profitable for the creators Peter Souhleris and Dave Seymour.

These two people have a partnership and declare to have invested thousands and thousands of {dollars} in actual property offers by shopping for and promoting them.

Briefly, the partnership’s essential focus is on shopping for homes and renovating every one to supply a totally completed, modernized, and newly developed house.

Each have indicated that cash just isn’t a priority of their private lives.

However, Peter and Dave don’t preserve their data to themselves. They supply not solely On-line Useful resource Facilities but additionally in-person seminars.

Wealth, prosperity, and delightful mansions sound just like the idealized picture of life.

I investigated and compiled evaluations on this subject to create the research behind this technique to see if that is precisely what actual property buyers are on the lookout for.

Who Are The Flipping Method Creators?

Peter Soulheris

Who Is Peter Soulheris

Peter is among the co-founders of the nationwide actual property schooling program CityLight Properties & The Flipping Method. His background contains his upbringing in Lynn, the place he first turned enthusiastic about structure.

He determined to pursue a level in structure on the Wentworth Institute in Boston due to this. After graduating, he discovered a job at a small firm.

He began his personal enterprise as a result of he wished to pursue his hobbies additional. As well as, his experience in house design has led quite a few main tv networks to ask his recommendation.

Consequently, Pete and Dave created the A&E present Flipping Boston.

Furthermore, along with his personal enterprise, he and his spouse based the Christian Angel Smile Basis in 2007. He and his spouse, Desi, distribute meals and different requirements to kids in want through the vacation season. Peter can be a DJ, which is an thrilling element about him.

Appearances on main tv networks embrace CNBC, CNN, CBS, The Immediately Present, Rachael Ray, and A&E.

Dave Seymour

Who Is Dave Seymour

The Flipping Method and CityLight Properties have been each co-founded by Dave Seymour. Earlier than becoming a member of forces with Peter to start out CityLight Properties, he owned and operated his personal development enterprise.

This helped him refine his mission administration and development strategies. Flipping Boston is a program on A&E that Pete and Dave created.

He spent fifteen years working for the Lynn Hearth Division as a medic and fireman. One other enjoyable reality about Dave is that he’s initially from London and immigrated to the USA in 1986.

In 2008, he attended quite a few actual property investing applications and was requested to show the basics to many individuals in the USA and Canada.

His spouse and three sons be a part of him. Appearances on main tv networks embrace CBS, CNN, CNBC, FOX, The Immediately Present, Rachael Ray, and A&E.

Desi Soulheris

Desi Souhleris

Desi Soulheris, Peter’s spouse, has additionally been lively in CityLight Properties and the Flipping Method. She contributes to the design of the houses. She has additionally been approached for her ideas and was featured on the A&E present Flipping Boston.

The Flipping Method Merchandise & Occasions

On-line Useful resource Heart

Pete and Dave are engaged on a video weblog & an schooling heart web site, which might be obtainable quickly! That is the way in which to go should you can’t make it in particular person or don’t need to miss out. The size of the programs will fluctuate, as will the problem degree! Additionally, I’ve heard of case research that may analyze every pupil’s deal!

Three Day Bootcamp

Flipping Formula Three Day Bootcamp

The Flipping Method’s 3-day Bootcamp will educate you:

  • Overcome concern, set objectives
  • The way to arrange your small business
  • The investor mindset
  • The way to take your small business to the subsequent degree
  • Actual property methods tailor-made to your market
  • Market analysis
  • Learn to go nationwide
  • Laborious money
  • Personal funds
  • Cash for transactions
  • Contracts
  • Offering presents
  • Making a plan of motion

Two-Day Onsite

In two action-packed days, a well-trained mentor will accompany you. One-on-one coaching that can assist you attain your objectives and begin heading in the right direction. Meet with a mentor in your metropolis, state, and time.

Three-Day Retreat

Las Vegas, Nevada, is the placement of the Investor Summit Expertise. The next are examples of critiques:

“That is the most effective three days of actual property instruction. You’ve bought to see it to consider it.”

“This was very gracious of you, and I really respect your ‘reward’ of instructing us this excellent info.”

“I’m blown away by the standard of the schooling, trainers, and substance. Wonderful work!”

“This has refocused me and can help me in taking it to the subsequent degree.”

Is A Home Flipping Seminar Good For A Actual Property Investor?

Figuring out dependable sources for actual property flipping seminars is important when on the lookout for homes to flip for a quick return, particularly in high-demand cities equivalent to Las Vegas, Pittsburgh, and Miami.

The Higher Enterprise Bureau even advises people to conduct their homework earlier than attending a flip homes seminar. Many attendees consider they have been misled or succumbed to gross sales stress, paying hundreds of {dollars} to acquire entry to extra coaching.

Sadly, some home flipping workshops goal economically poor areas the place the true property market presents little alternative for monetary acquire.

Whereas many home flipping seminar markets use methods equivalent to free entry and glittering door prizes to get folks to attend; the companies, instruments, and knowledge equipped aren’t free for lengthy.

Let’s be sincere: Flipping homes is sort of a dangerous enterprise that isn’t worthwhile in some areas. In response to Time Journal’s cash part, round 13% of flipped homes offered with no revenue margins or at a loss earlier than bills.

You may decide the way you need to get in on the true property motion by total bills (which aren’t at all times simple to search out), given companies, info, and person evaluations of home flipping seminars. Nonetheless, there may be at all times trigger for warning when paying for something that guarantees to make you fast cash.

Can You Make Cash With The Flipping Method?

Can You Make Money With Flipping Formula

Whereas there are quite a few home flipping seminars to choose from, it’s essential to keep in mind that not all actual property markets act the identical means. As a result of actual property is an funding, you will need to have cash to start with and a strong credit standing to qualify for lending applications with aggressive rates of interest.

None of those actual property flipping seminars, together with The Flipping Method, can earn money seem out of skinny air, nor do they promote that. When you resolve to attend a home flipping seminar, make an knowledgeable choice and make investments correctly.

So the reply is sure, investing in actual property could make you cash, however it requires your personal cash out of your pocket too.

There’s lots that comes together with actual property flipping that many individuals wrestle with to realize monetary freedom and create actual wealth.

Now, don’t get the incorrect concept…

It’s not not possible to earn money with actual property flipping, however should you’re gonna put within the quantity of grueling work to do that enterprise (which, belief me, isn’t simple), you would possibly as effectively usher in some REAL cash whilst you’re studying the ropes.

The program that helped skyrocket many on-line companies to over $40,000+ monthly is so easy that making a living actually does turn into second nature.

Is Flipping Method Legit?

Is it Legit

The Flipping Method is legit.

Understand that I don’t receives a commission to advertise any of the applications I evaluation.

I personally assume actual property flipping is a superb enterprise mannequin, however you possibly can find yourself leaving means an excessive amount of cash on the desk.

Are There Alternate options To Flipping Method?

Other Business Models To Choose From

Sure, there are many different enterprise fashions to select from if you wish to pursue making a living on-line. Listed below are only a few:

Is Flipping Method A Rip-off?

Is It A Scam

So, time for the $1,000,000 query – is Flipping Method a rip-off?

No, not technically. You may 100% earn money with this program, although it’s not practically so simple as they make it appear.

As with most companies, there may be A LOT of labor to be executed upfront & no assure of you being profitable.

To not point out the revenue margins are usually fairly small.

Don’t get me incorrect; I’m an enormous proponent of front-loading work now so as to reap the rewards later.

But when I’m gonna try this, I need the rewards to be HIGH and nearly assured.

I’d slightly put in that very same 3 months of labor (in my spare time) & construct a handful of Digital Rental Properties that every produce $500-$2,000 checks each single month afterward (AKA recurring revenue).

And the cool half is that you are able to do it in lots much less time than 3-months (I personally did it in my first 2 weeks of being a Digital Landlord).

In contrast to bodily actual property, you are able to do it from wherever on this planet, so it’s a real “laptop-lifestyle” enterprise.

All you want is an web connection.

A few of my pals are Digital Landlords that run their 6-figure companies from:

  • Tenting journeys at nationwide parks
  • Beachfront in Hawaii
  • On the highway in a camper van (with a pet pig!)

They concentrate on dwelling an fulfilling life first, and concentrate on revenue second. All because of this program

They will take weeks or months off, and cash retains rolling in.

Dwelling fortunately is the highest precedence.

If the considered dwelling perpetually at your dream trip spot pursuits you, being a Digital Landlord is perhaps for you!

What Is My High Advice For Making Cash On-line In 2022?

Make Money Online With Digital Landlord

I’ve personally tried all the main on-line enterprise fashions:

  • I’ve offered fidget spinners by way of Amazon FBA
  • I’ve drop-shipped a bathroom bowl placing inexperienced on Shopify
  • I’ve offered ladies’s well being dietary supplements by way of Clickbank internet online affiliate marketing

And I made cash with all of them, so belief me after I say: there is no such thing as a “excellent” enterprise mannequin.

It’s price noting that I FULLY endorse actual property investing as a solution to develop wealth, and that’s why I make investments my very own cash in business and residential actual property.

That being mentioned, my #1 suggestion for making actual cash on-line as a newbie is, hands-down: being a Digital Landlord.

Whether or not you’re an entire beginner, otherwise you’ve been across the block earlier than however have by no means had that “massive win” to propel you ahead, changing into a Digital Landlord is for you.


Time: When you’ve bought a spare hour-or-two every day, you are able to do this. If you wish to drop the whole lot and go all-in, you are able to do this. Extra time clearly means sooner outcomes, however even placing in just a few hours per day is sufficient to see actual success.

And due to that flexibility, you don’t must commerce your time for cash. As soon as the revenue begins, it’s recurring.

Which means you possibly can take a month off, journey the nation, pursue a ardour mission, chill on the seashore, or constitution a ship the world over.

However you possibly can solely do that when you’ve created an revenue stream that doesn’t require YOU to be there all day, every single day.

Actual property investing is a FULL-TIME JOB. When you cease discovering offers, your cash dries up.

Possession & Management: Until you’re shopping for your properties in money, you don’t technically personal the properties – the lender does.

When you miss a single fee, the property may be taken from you.

Why pour your soul right into a enterprise that might be taken away from you on the drop of a dime?

If you’re a Digital Landlord, you actually personal all the property, which suggests you may have final management.

Ongoing prices: With actual property, revenue margins are literally fairly slim. Actual wealth is made in proudly owning the property, and proudly owning A LOT of them.

Being a Digital Landlord, your revenue margin is almost 100%. Watch right here to learn the way.

Only a reminder: these Digital Rental Properties are price (at a minimal) $500/mo in semi-passive revenue. And every time you create one other one, your revenue will increase, and the hassle put into creating the subsequent property decreases.

Greatest-case state of affairs, you may have properties bringing in over $3,000+/mo on auto-pilot.

It’s Successfully Copy-Paste: Right here’s my favourite half: after you have your first Digital Rental Property up, you possibly can actually copy-paste one other model of it and discover one other keen “renter” in just a few days. DOUBLING your revenue doesn’t get a lot simpler than that…

When you wished to double your revenue with actual property investing, you would wish twice as many properties, or double your revenue margins on every property. And I can assure you , that’s lots more durable than just a few clicks & a telephone name.

Make Cash Serving to Actual Individuals: If you’re a Digital Landlord, you’re serving to remedy REAL issues that individuals are ASKING for assist with:

Small native companies world wide want one factor: prospects. With out them, their enterprise would disintegrate. When you can present these prospects, they’re going to be actually completely satisfied – they usually’re going to pay you for it.

You’re serving to a struggling mom or father put meals on the desk for his or her households, put their children by way of faculty, or just stay life slightly bit extra comfortably.

Having this sort of influence on the world is what’s going to enable you sleep soundly at evening.

So, the remaining is as much as you. You can preserve different alternatives Flipping Method, which would possibly make you cash.

You can preserve researching and researching for the subsequent few months (or few years), by no means making a concrete choice.

OR, you possibly can look deep inside, take into consideration these desires, hopes, & needs, and make the choice to ACTUALLY make it occur, similar to it has for hundreds of different college students earlier than you.

Making a fortune whereas truly serving to actual those who want it.

If this sounds such as you, click on right here to see the way it all works.

Leave a Comment

Your email address will not be published.