This is why I'll NEVER flip houses… Posted on April 30, 2019 chicago hotels dallas hotels flip hotels hotels in chicago hotels in florida hotels in las vegas Houses I39ll las vegas hotels private jet rental property travel travel vlog vacation 28 thoughts on “This is why I'll NEVER flip houses…” On top of that by renting and holding multiple properties you just increase your assets and overall net worth over timeReply Hi Graham! What is your position on manufactured homes? I live in San Diego where everything, other than manufactured homes are listed upwards of $300k (and that's in a bad area) Would greatly appreciate your thoughts on this.. Thank you and keep up the good work.Reply Interesting video, my dad and I just got into real estate and he wants to flip houses while I prefer getting rental properties. Like you said being able to not have to worry about so much. Although I think doing both would be fun to do, but quite the investmentReply You're so cool you couldn't even fathom! 🦄😎And I'm straight. 😅You're so ahead of the game that I get a bit discouraged looking at my situation. 😢By the way, kudos to you, Graham.I'll keep following you. 🤺 CheersReply Love the videos. I don’t agree with this logic though. Making 25-50k on a flip is awesome. I can flip 4 houses a year and still take the summers off. There aren’t many jobs that allow thatReply Do you think its stupid to use a VA LOAN on a rental property with 0 down payment??Reply Too much risk involved imo, if you can't cash flow off of rentals, than you're taking a HUGE risk.Reply Find me a property in LA for $250k all in and I am all in.Reply Anyone know an English version of this guy 🕺🏻Reply Im flipping my 1st house, bought it for 9k at hudhomestore.comReply I have decided to post my net worth in every video you upload. After starting my new job i wanna make sure clear my debt asap (it was at 8k) and that i start investing once im in the clear again.$2500 in investments-$1500 in cc debtNet worth @28/04/19$1000Reply So that’s where you live 😏Reply I need a house tour please hehehehheReply Flipping is a ton of work – but the margins can be great…. when it works right. Buy & Hold leads to long term wealth vs. just the short term gain of flippingReply Graham, what is the web app you used to search properties?Reply Who knows a realtor in San Diego, CA?Reply I hit the like button 4 times for ya bro.Reply Pretty sure this should be titled “I don’t flip homes because I know NOTHING about it”Reply Watched it till the end, I learned a lot Great. Video as alwaysReply I would never work remodeling your house because you might get a 2×4 to the head for showing up so much bird dogging 🤘 I know you're concerned about the progress because so many people suck at their job. Maybe you should hire a higher quality company you don't need to keep tabs on because they are professionalsReply What was that website he was using during the video to look at properties?Reply Ever heard of a "pre- foreclosure…" and acquiring it" subject to, the existing loan/s? Or via an AITD?? (And paying- off the back payments, penalties and/ or liens?) You might look into that, Graham… "Buy – n – hold" using bank loans, and then not reselling atop the end of the next "seller's market" is a FOOLS BET, almost every time. (Afterall… the markets go up, then down, and then you don't make anywhere near as much long, term… almost entirely, BY DESIGN… and I'm 20 years older than you, lived through four RE, etc. cycles, I can recall…) I don't know what's more 'short- sided' these days? Playing by the NAR's rules?? Or not reselling prior to the next 'correction…' then waiting another 10- 30 years, to someday… 'break even?!?" Simple formula: In Cali, find 30% plus equity Prefores: bring current, resell, repeat x 4- 12 a year and make 10X the money, at minimum. Having 'tenants,' is for MULTIFAMILY x 15 plus doors. Sandwich lease option them for 24 months plus… and make FAR MORE, per house. Get with the REI program, man!Reply Graham, do you recommend that someone become an experienced realtor before even thinking of investing in rental properties?Reply Gram how can I talk to you in person or phone email, I wanna tell you what I’m doing . If I forgot anything. a contract to real estate 386 three one six. 59 two seven. I’m willums. I dont know? What I’m thinking but this is what my gut feels won’t hurt. Thank you!! You are the man bro. Keep up the good work. On point. Thumbs up…. god bless everyone!!Reply 2:28 video starts. Sorry GrahamReply Like button destroyedReply What kind of watch are you wearing ?Reply To flip houses your not gonna turn a profit if you cant do the work inside of them. You need to know how to demo and rebuild an entire house a lot to know.Reply Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *CommentName * Email * Website Save my name, email, and website in this browser for the next time I comment.