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Top 5 Must-Haves for Flipping Houses - Be a Good Deal Finder

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Top 5 Must-Haves for Flipping Houses - Be a Good Deal Finder



Learn more at beaueckstein.com


Beau Eckstein

been in real estate for about sixteen years

explored all the different aspects of real estate:
residential lending
construction financing
private money loans
hard money loans

Big component of house flipping is finding DEALS

WAYS TO FIND A DEAL:

MLS (Multiple Listing Service)

Everybody can go there, but we do more extensive remodels.

Create a value-add type properties, where some people might go on and they’re looking for more of the easier, cosmetic fixers.

Network of real estate brokers
they bring me a deal they can write the offer and earn the commission
whenever I’m out at a networking event I just let everybody know that I’m an investor and I buy houses

Wholesalers
- they assign the contract to an investor like me, who can put the capital together to buy and close on the purchase.

Probate attorneys and or probate realtors
when somebody dies, and their property is not put into a living trust their property is going to go into some form of probate. So there’s a lot of opportunity in probate.

FSBO’s—for sale by owners
people think that they just want to sell--sell it themselves to save the commission. They don’t foresee there is enough equity to pay a commission

Landlords—burn out landlords
their tenants just thrashed their house and they just want to get out

Contractors
are usually really good at finding deals ‘cause they’re out working and people always walk by the property and they start building relationships with neighbors in the area

Beau Eckstein

Direct: 925.852.8261 Managing Partner SFR Ventures Inc. BRE #01307829

Published in: Real Estate
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Top 5 Must-Haves for Flipping Houses - Be a Good Deal Finder

  1. 1. Top 5 Must-Haves for Flipping Houses  Be a Good Deal Finder
  2. 2. Beau Eckstein been in real estate for about sixteen years explored all the different aspects of real estate: • residential lending • construction financing • private money loans • hard money loans
  3. 3. Big component of house flipping is finding DEALS
  4. 4. WAYS TO FIND A DEAL: MLS (Multiple Listing Service) • Everybody can go there, but we do more extensive remodels. • Create a value-add type properties, where some people might go on and they’re looking for more of the easier, cosmetic fixers.
  5. 5. WAYS TO FIND A DEAL: Network of real estate brokers they bring me a deal they can write the offer and earn the commission whenever I’m out at a networking event I just let everybody know that I’m an investor and I buy houses Wholesalers - they assign the contract to an investor like me, who can put the capital together to buy and close on the purchase.
  6. 6. WAYS TO FIND A DEAL: Probate attorneys and or probate realtors when somebody dies, and their property is not put into a living trust their property is going to go into some form of probate. So there’s a lot of opportunity in probate. FSBO’s—for sale by owners people think that they just want to sell--sell it themselves to save the commission. They don’t foresee there is enough equity to pay a commission
  7. 7. WAYS TO FIND A DEAL: Landlords—burn out landlords their tenants just thrashed their house and they just want to get out Contractors are usually really good at finding deals ‘cause they’re out working and people always walk by the property and they start building relationships with neighbors in the area
  8. 8. Direct: 925.852.8261 Managing Partner SFR Ventures Inc. BRE #01307829 Beau Eckstein Learn more at beaueckstein.com

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