Oct. 11, 2022

Top 10 Tips for Flips with Jen Josey

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Have you ever flipped a house? Have you thought about flipping houses?  We've all thought about flipping houses, especially with how the TV shows make it looks so easy.

Yet the real deal in the real estate road is, that flipping houses are not as simple as it appears on television.

Like any other business venture, flipping houses requires knowledge, structure, and insight to be considered a success. If you do not want your flipping business to end up as a flop, you have to find the right resources and help you gain more profits for your properties.

Jen Josey is a Real Estate Investor, Coach, Speaker, Blogger, Podcast Host, and Bestower of Badassery. She uses her humor and experience to inspire and educate others while coaching with integrity. Jen is the creator of REIGN, the Real Estate Investor Growth Network. Jen is a coach for HomeSchooled by Tarek El Moussa, a Certified Canfield Trainer, a Certified Knowledge Business Broker, a Certified Practitioner of Neuro-Linguistics Programming, and a Certified Professional Life Coach. She lives in Raleigh, NC with her husband, Vance, two dogs, and two cats.

In this episode, Jen shares the Top 10 Tips for Flips so you can do it the right way, multiply your investment, and gain profits.

Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/

What you will learn from this episode for 20 minutes:

  • How Jen and her husband started their real estate adventure by flipping houses
  • Jen’s Top 10 Tips for flipping houses and what you need to know so you can do it properly
  • How to trust more in your education and experience on flipping houses so you can stick to your guns when it comes to choosing the right kind of property deals

Topics Covered:

1:31 - The reason why Jen loves real estate.

4:02 - Why education is invaluable when it comes to flipping houses.

5:53 - Why numbers don't lie and make sure that you are using the right figures in determining things.

7:13 - What are the exit strategies you can use when you're buying properties.

14:11 - The importance of doing your due diligence in hiring a professional inspector for your properties.

11:18 - How Jen breaks the ice to build rapport, find out what you have in common, and go from there when it comes to building her network.

17:15 Knowing when to walk away and know when to run on bad property deals

Key Takeaways:

“Don't get emotional. Real estate can be such a roller coaster on your emotions”. - Jen Josey

“Make sure you find your people where you feel comfortable for your education program”. - Jen Josey

“If you have a property that you flipped, and you are experienced and you did everything properly. And it's with, you know, your competition or other flippers that cut corners, so that actually can work in your favor.” - Jen Josey

“Your network is your net worth.” - Jen Josey

 “The answer will always be ‘No’ until you ask.” - Jen Josey

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