Flipping For Profit. Is it That Easy? with Elisa Covington
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In this episode, we are joined with Elisa Covington. Elisa shares her journey from landlord to full-time house flipper, offering practical insights into the realities of real estate investing. She discusses the challenges of early DIY renovations, the value of project delegation, and the systems she uses to manage multiple flips at once.
Key Topics:
- Investment Fundamentals: Prioritizing data over aesthetics when evaluating properties.
- Renovation Strategy: Balancing design vision with budget constraints; selecting finish materials directly.
- Team Management: How to source and retain contractors aligned with investor needs.
- Market Adaptability: Navigating shifting conditions with contingency planning.
- Advice for Beginners: Start small, seek mentorship, and build confidence gradually.
- & more!
Follow Elisa on Instagram: @transformedrealestate
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Disclaimer: The views and advice expressed on this podcast are those of the participants and do not necessarily reflect the opinions or beliefs of the podcast host or affiliated parties. The content is for entertainment purposes only and should not be considered as professional financial, legal, or investment advice. Listeners are encouraged to conduct their own research and consult with qualified professionals before making any financial decisions. The podcast host and producers are not responsible for any actions taken based on the information provided.
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