Real Estate Investing: How To Fix and Flip Houses, 1 of 5
November 11, 2009 - 4:34 pm
In this video flipping homes expert Steve Cook begins a walk through of one of his latest “full cosmetic rehab” projects, detailing his investment strategy, estimated rehab costs and expected profit.
Duration : 0:5:11
[youtube Zffg4EiIWSY]
November 11th, 2009 at 4:34 pm
I heard Steve at a …
I heard Steve at a MARIEA meeting. His tone is boring, but his knowledge is very exciting and useful! Pay attention to what he says and not how he says it!
November 11th, 2009 at 4:34 pm
that was two years …
that was two years ago…
November 11th, 2009 at 4:34 pm
not bad,
still …
not bad,
still can’t beat an steady monthly income of
$7,000.- a month after a few months just by
investing $25 dollars!
November 11th, 2009 at 4:34 pm
I really like your …
I really like your videos. They’ve been helpful and they are straightforward.
November 11th, 2009 at 4:34 pm
Very helpful, thank …
Very helpful, thank you.
One question, how is that home possibly worth $80,000 in the condition that its currently in? Its must be in an expensive part of the country. Here in northeast Pennsylvania, a home in that condition would go for about $40,000 or less.
November 11th, 2009 at 4:34 pm
So he plans to make …
So he plans to make $80,000 profit? but on his other video he said he only made $70,000 total from 50 deals – less than $2000 per deal. his claims don’t add up.
November 11th, 2009 at 4:34 pm
Hi BlackFinanceTV: …
Hi BlackFinanceTV: You say as an agent you didn’t deal with flippers because they look at everything on the book but all too often they are unqualified to buy anything. I have sold a few houses and I have learned to spot these people coming up the driveway. I have even stopped some at the door and asked to see their pre-approval from the bank. I have turned some flippers away. Some agents don’t even know what a “qualified” buyer is. Its too bad I didn’t have you as my agent. Good Luck!
November 11th, 2009 at 4:34 pm
BlackFinanceTV, …
BlackFinanceTV, shut up just shut up. Your hater.LOL Steve is not a national guru. You said yourself you were alone a pitty Part-time agent. Just Shut up. Loser.
November 11th, 2009 at 4:34 pm
As a former part …
As a former part time Real Estate agent..I didnt deal with flippers. Everytime a “gure” came into town everybody would call to look at a TON of house and noo deals would go through! Many of the people cant even qualify for loans anymore and MOST dont even own their own home!!
November 11th, 2009 at 4:34 pm
Just seemed that …
Just seemed that way, not trying to be a jerk or anything. I actually like all the videos posted from this user and all of the info in them. Just making an observation that I thought was funny is all.
November 11th, 2009 at 4:34 pm
I’m not sure what …
I’m not sure what you’re seeing, but there were no lines to read. It may seem like that b/c he was a little nervous to be on camera. But what you’re seeing was one take, unrehearsed.
November 11th, 2009 at 4:34 pm
LOL @ the …
LOL @ the contractor reading lines.
November 11th, 2009 at 4:34 pm
Thanks Steve!
Thanks Steve!