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Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business
The BIGGEST House Flipping Secrets REVEALED!
Feb 18, 2025
Josh and Tiffany High, a dynamic real estate duo from Columbus, have flipped over 280 properties in 2024. They share invaluable insights on finding profitable deals and scaling a real estate business. The pair discuss the balance between flipping and wholesaling, revealing their top marketing strategy that secured 130 contracts. They emphasize the importance of managing risk, cash flow, and the significant mistakes new investors make. Their step-by-step approach to evaluating deals and maximizing profits is a must-listen for aspiring investors!
40:57
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Quick takeaways
- Josh and Tiffany highlight the significance of cash reserve management and understanding market dynamics to mitigate risk and maintain financial stability during fluctuations.
- Their success hinges on a diverse lead generation strategy, with direct mail as the top performer, ensuring a consistent flow of profitable deals.
Deep dives
Successful Business Strategies in Flipping Properties
A couple from Columbus, Ohio successfully flipped over 280 properties last year through a combination of effective strategies. They initially focused on a balance of flipping and wholesaling, with 60% of their deals in the first three quarters being flips, shifting to 26% in the fourth quarter due to market changes. Their approach involves securing a small portfolio of rentals while mainly concentrating on wholesaling and flipping for immediate cash flow. They emphasize the importance of cash reserve management, ensuring financial stability during market fluctuations to avoid over-leveraging.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode