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The Flip Empire Show

On The Flip Empire Show, Alex Pardo brings you strategies, interviews, and insights for smart real estate investors to help grow and scale your real estate investing business. The Flip Empire Show was created for YOU, the smart real estate investor and entrepreneur. If you're looking for ACTIONABLE and SIMPLIFIED advice, Alex Pardo has you covered with his Master Class Expert Interviews, as well as the Q and A shows. Learn from real estate's heavy hitters, as Alex Pardo puts them on the hot seat to reveal their best strategies for running a profitable, scalable, and automated real estate business. Get a fresh perspective from a Real Estate Investor, Entrepreneur, and Coach that has flipped well over 500 homes. We're dedicated to adding value to you and your business, and bringing you the best content to help you make more money, build your empire, and experience freedom through real estate investing. For more strategies, and recommended resources, check us out at www.FlipEmpire.com. Disclaimer: The author, publishers, contributors and creators of this material are not responsible in any manner for any potential or actual loss resulting in the use of the information presented. The content of this publication is for informational purposes. No promise or guarantee of income or results is implied or suggested.
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EP004: Those Flipping Guys – Expert Wholesalers Share Their Expertise 0
Jun 13, 2016

Alex introduces two fellow wholesalers and rehabbers on the show, Gene Schroeder and Angelo D'Alessandro from Bank On It. Both Gene and Angelo have been flipping houses since 1997 and have sold well over 1,000 properties since. The Flipping Guys share their knowledge on what makes a successful real estate wholesaler, all the way from tips on finding the right partners to sharing a property case study.

Key Takeaways:

  • Gene and Angelo have sold well over 1,000 properties dating back to 1997.
  • What advice do the guys have on getting into the right partnership?
  • What's currently working for the guys?
  • The guys buy about 15 properties a month.
  • Where do most people fall short on? Consistency - you have to do it daily.
  • Don't burn bridges.
  • Alex talks about the duplex he recommended to Gene and Angelo.
  • Why did Gene know that this particular property was going to be in his personal portfolio? What was so good about it?
  • Use the 1% rule. Rent should be, at minimum, 1% of the purchase price.
  • What lessons did they learn from this particular duplex?
  • How do they find people who will not bail on the renovation job halfway through?
  • At what point should you start to look for a mentor?
  • Final piece of advice from the guys? From day one, you should think about longevity.

 

Mentioned in This Episode:

www.flipempire.com/

www.bankonit.com/

www.thoseflippingguys.com/

Episode 2 of Those Flipping Guys on YouTube


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