Tarek and Christina El Moussa, of HGTV’s “Flip or Flop” have developed an exciting and unique educational program event series for anyone looking to renovate for profit full-time or just as supplemental family income. Success Path’s principle goal is to provide its students with the necessary foundation to build the future of their dreams.
The program offers a variety of courses ranging from an introductory 3-day weekend training in real estate investment and flipping, to more in-depth training and events, as well as one-on-one coaching. Flipping houses comes with the flexibility to work as much or as little as you’d like, thus making it the perfect fit for buys parents. Dedicate what time you can and reap the rewards that follow.
Visit their website to learn more and register for a Success Path event near you, but for now - here’s a little digital Q&A to get you started:
How much time does it typically take to flip a house for a profit?
This will vary from project-to-project and an exact time frame cannot be give n.
What do I need to know before I get started with real estate investing?
No prior experience or knowledge is required.
One of the subjects covered during our workshop focuses on how to find lenders and use as little of your own money as possible.
There is always a chance that you can lose money with any type of investment, including flipping a house. At Success Path, our goal is to provide you with access to the knowledge and tools to minimize that risk.
The biggest mistake new (and even experienced) house flippers make is not doing their homework. Many of these mistakes are covered during our events as well as how to avoid making them.
A flip can turn into a flop when there are unforeseen complications or costs. Success Path recommends having homes thoroughly inspected prior to purchase.
Be prepared to put in the work. House flipping is not an easy process and requires a lot of legwork and homework.
It takes a lot of work if you want to be a successful real estate investor, but it’s easy and profitable if you are willing to follow the rules that we outline in the Success Path courses.
While there are several steps to take in order to be successful, Success Path students have seen success because they follow the direction of their coaches.
Most mistakes happen when investors are unprepared and they allow greed to take over.