Six Figure House Flipper: Recent Episodes
Viktor Jiracek
Six Figure House Flipper teaches you how to get your first deal and how to hit six figures flipping houses! Viktor Jiracek teaches you how to find deals, run numbers, find the money, and much much more. He will share personal experiences and talk with students about their life changing deals that have supplemented incomes and changed lives. Be sure to tune in each week as Viktor gives you a glimpse of how you can make house flipping work for you.
Is it possible to do as large as 200 flips?
Yes, that’s possible, because Chris Bounds was able to do it — and more!
Real estate investor and realtor Chris is welcomed by Viktor to talk about his experiences selling several properties. He talked about his technique of exposing the brand which helped with referrals when buying and selling real estate properties. Chris also touched on different terms such as seller’s disclosure, realtor license, and multi-family.
Highlights
- Was Chris Bounds always into real estate? - 0:57
- Recommendations for the first steps to take to those who want to give real estate a try. - 1:41
- Ways that can help and hurt you. - 4:41
- Seller’s disclosure: What is it and when to use it. - 8:35
- Benefits of offering and buying in cash. - 12:00
- The sales process. - 16:53
- What prompted him to switch to multi-family? - 26:34
- Reinvesting your money as early as now. - 31:39
- Reasons why he sold the two rentals. - 33:00
- Words of wisdom and tips as a real estate investor and flipper. - 35:59
- Best ways to reach Chris. - 39:43
Episode Resources * Connect with Viktor Jiracek * https://www.linkedin.com/in/viktor-jiracek-b8549156/ * https://www.facebook.com/viktor.jiracek.5 * https://www.facebook.com/groups/sixfigureflippers/ * https://viktorjiracek.com/contact * https://www.sellyourgainesvillehometoday.com/ * Connect with Chris Bounds * https://investedagents.com/ * https://www.investedagents.com/community * https://www.facebook.com/FortBendREI
The size and the scale of real estate makes it a lucrative and attractive market for many investors. However, if the economy is down, is it ideal to invest in real estate?
Viktor takes a deep dive into how the economy affects real estate (and vice versa) with special guest Jason Hartman. Together, they talk about how the current economy drives investors to buy more real estate properties. Jason also discusses the difference between inflation and deflation. He shares the different approaches he practices to play the game.
Highlights
- Who is Jason Hartman? - 0:38
- What’s going on in the economy? - 2:02
- The most common questions people are asking and talking about today. - 3:14
- Ask yourself: Is the price of the house going up or is the price of bitcoin, gold, or dollar going down? - 8:24
- How can you play the game? Through inflation-induced debt destruction. - 8:57
- Inflation versus deflation. - 16:33
- Taking a deep dive: Understanding inflation. - 18:08
- When the government is broken, it becomes predatory on its citizens. - 20:34
- How inflation affected the prices of real estate and the homebuyers. - 23:00
- A huge mistake was made by a lot of people. - 27:04
- Another strategy: The ultimate investing equation. - 28:59
- Why are big institutional investors crazy about buying more houses and building more buildings for rent? - 34:14
- Is the housing market in a bubble or is it inflation that’s kicking in? - 34:35
- Where to learn more about Jason Hartman and what he does. - 36:46
Episode Resources * Connect with Viktor Jiracek * https://www.linkedin.com/in/viktor-jiracek-b8549156/ * https://www.facebook.com/viktor.jiracek.5 * https://www.facebook.com/groups/sixfigureflippers/ * https://viktorjiracek.com/contact * https://www.sellyourgainesvillehometoday.com/ * Connect with Jason Hartman * https://www.jasonhartman.com/
Is house flipping always the best option for someone to get into real estate investing?
Viktor invites real estate investor Blair Halver to talk about his experiences before and after getting into real estate. He also shares how he was able to run his real estate business in five hours or less a week. Blair cites the different problems he encountered in the business, especially when he faced a lawsuit from a tenant.
Highlights
- Blair’s background: How he got into real estate. - 2:11
- The two types of deals that you can do. - 6:11
- The pros and cons of doing house flipping based on Blair’s experience. - 7:58
- How does he get the 10 to 20 grand payday? - 10:04
- Ways on how to look for deals. - 15:21
- It’s better to have a house sit vacant for another month than to let a bad tenant in the house. - 17:44
- Some of the tenant problems Blair encountered. - 18:15
- Blair’s advice if you’re facing a lawsuit from a tenant: Get an attorney to represent you. You’re paying them to worry about it so you don’t have to worry about it. - 27:12
Episode Resources * Feel the Fear . . . and Do It Anyway * Connect with Viktor Jiracek * https://www.linkedin.com/in/viktor-jiracek-b8549156/ * https://www.facebook.com/viktor.jiracek.5 * https://www.facebook.com/groups/sixfigureflippers/ * https://viktorjiracek.com/contact * https://www.sellyourgainesvillehometoday.com/
If you want to reach financial freedom or you want to quit your 9 to 5 job, one of the ways to start with is investing in real estate. However, is it easy to start investing in this business?
Taking the first steps in starting your real estate business and getting your first deals are the main topics of today’s talk with Viktor and Chad Lower. Chad, a real estate expert, shares the three steps to make your first 3 deals in 60 days. He also talks about the common problems and mistakes that a lot of beginners and even experts are making. He also shares his mantra: Buy in private, sell in public. Listen in now to learn how you can also scale to 6 and 7 figures.
Highlights
- Introducing the special guest, Chad Lower. - 0:39
- The reason behind the presentation’s title. - 3:17
- Big problems that a lot of real estate investors are having. - 9:59
- Get your time back: Automate, delegate, outsource. - 11:47
- What is the real marketing technique? - 15:31
- The real problem in real estate. - 17:21
- The most important initial step: Marketing and getting leads. - 19:13
- The three steps of 3 Deals in 60 Days. - 21:16
- Why do you need to outsource telemarketing to a call center? - 21:40
- The next step: Marketing research and targeting. - 23:22
- One of the most common mistakes many investors make. - 27:32
- Success stories of students. - 30:14
- The program strategies and Facebook Group. - 36:08
- Why can Chad make all the claims and promises? - 40:33
- What to look for when choosing a mentor. - 46:43
Episode Resources * Connect with Viktor Jiracek * https://www.linkedin.com/in/viktor-jiracek-b8549156/ * https://www.facebook.com/viktor.jiracek.5 * https://www.facebook.com/groups/sixfigureflippers/ * https://viktorjiracek.com/contact * https://www.sellyourgainesvillehometoday.com/ * Connect with Chad Lower * http://housebuyerskc.com/ * https://chadlower.com/testimonials * https://www.facebook.com/pg/ChadLowerTraining * https://www.facebook.com/groups/Chad-Lower-Real-Estate-Investor-Marketing-Systems-281018082684321/
Before you hop on real estate investing, what are the questions that you have in mind?
Viktor sits down and answers the questions raised by different audiences connected to real estate and flipping. He covers different topics such as money partners and the 70% rule. He also shares his favorite real estate investing book and why flippers and real estate owners should inspect their properties.
Highlights
- What’s a money partner and EMD? - 0:41
- I don’t have any money to get started. I only have $1,000.
- Can I start flipping? - 3:05
- What’s the 70% rule and do I have to stick to it? - 3:46
- My property’s been sitting for months. I got an offer. Should I counter? - 5:33
- What’s your favorite real estate investing book? - 7:38
- Should you inspect your properties and why? - 8:16
Episode Resources * Rich Dad Poor Dad * Connect with Viktor Jiracek * https://www.linkedin.com/in/viktor-jiracek-b8549156/ * https://www.facebook.com/viktor.jiracek.5 * https://www.facebook.com/groups/sixfigureflippers/ * https://viktorjiracek.com/contact * https://www.sellyourgainesvillehometoday.com/
When’s the best time to start purchasing properties? When it comes to flipping and buying real estate for investment, the longer you wait, the worse deal you might get.
Viktor welcomes Chris to talk about his experiences from being a beginner with zero knowledge about flipping to being a six-figure earner -- all in a span of three months. He also shares how much money they put in and how much is the potential earnings. Chris also reiterates the importance of starting as early as today because remember: The best time to start was yesterday. The next best time is to start today. The time is to start tomorrow.
Highlights
- Update on Chris’ journey. - 1:24
- How much money is he putting in? - 2:33
- The potential profit spreads. - 3:32
- Rental or flips: Which is their best option?- 5:08
- Things he learned so far. - 8:11
- The best time to start was yesterday. The next best time is to start today. The time is to start tomorrow. - 11:00
- What Chris likes about rentals. - 14:28
Episode Resources * Connect with Viktor Jiracek * https://www.linkedin.com/in/viktor-jiracek-b8549156/ * https://www.facebook.com/viktor.jiracek.5 * https://www.facebook.com/groups/sixfigureflippers/ * https://viktorjiracek.com/contact * https://www.sellyourgainesvillehometoday.com/
Are you interested in real estate, particularly renting out your property? One of the most common ways when it comes to investing in real estate is to buy rental properties, apartment buildings, or complexes with multiple units also known as multi-family investing.
Viktor welcomes one of the experts in the field of multi-family investing: Stacy Conkey. Together, they talked about the different steps when starting in this field of real estate as well as how net operating income and cap rates affect it. Stacy also shared some success stories of her students who started with buying complexes and apartment buildings. She also reiterated the importance of putting a lot of work into what you do: Because real estate isn’t easy.
Highlights
- What interested and got Stacy into multi-family investing? - 1:22
- Why didn't she invest locally? - 3:28
- The first step when starting with multi-family investing:
- Knowing the difference. - 5:50
- What is net operating income? - 12:10
- Deciding factors if to sell the property or not. - 19:56
- The metrics to look at when thinking about investing in multi-family on a longer-term. - 21:25
- The cap rate. - 23:29
- Coaching people on how to get into multi-family investing. - 31:31
- Real estate isn’t easy, it’s definitely difficult. You have to put in the work. - 37:40
- The best way to connect with Stacy Conkey. - 40:00
Episode Resources * Connect with Viktor Jiracek * https://www.linkedin.com/in/viktor-jiracek-b8549156/ * https://www.facebook.com/viktor.jiracek.5 * https://www.facebook.com/groups/sixfigureflippers/ * https://viktorjiracek.com/contact * https://www.sellyourgainesvillehometoday.com/ * Connect with Stacy Conkey * https://www.facebook.com/WarriorofWealth/ * https://www.linkedin.com/in/leadhershipcoaching * https://www.youtube.com/channel/UCQ5RiBEzp8wWAAHxcXUkeAw * https://www.facebook.com/groups/PassiveIncomeRealEstateInvesting/
Not big on DIY for your flip? Use a contractor. They may cost you more money upfront, but you’ll surely save a lot instead of doing the painting and fixing by yourself.
Hiring and managing contractors is important for a house flipping business. Viktor sits down to talk about how you can deal with contractors, how to find them, and how not to be ripped off once you’re in contract. He also shares the different ways on how you can give back and keep a good contractor.
Highlights
- What is a contractor? - 0:47
- The three types of contractors. - 1:19
- How does thinking in a funnel apply to dealing with contractors? - 3:41
- Keeping your good contractor. - 5:26
Episode Resources * Connect with Viktor Jiracek * https://www.linkedin.com/in/viktor-jiracek-b8549156/ * https://www.facebook.com/viktor.jiracek.5 * https://www.facebook.com/groups/sixfigureflippers/ * https://viktorjiracek.com/contact * https://www.sellyourgainesvillehometoday.com/
Is house flipping complicated? Do you need to spend a lot of money and time to start? Is it a must to quit your job to focus on your real estate business?
Viktor welcomes professor and first-time house flipper Karl, to discuss his success in giving the real estate business a try. Karl shares a different mindset: He’s growing his real estate business not to quit his job and replace his main source of income, but to reach his goal and do the business on the side. Karl also shares his experiences, as well as the things he learned after making his first house flip.
Highlights
- What’s Karl’s background? - 0:55
- What interested him to give real estate a try? - 2:05
- The hurdles that he faced. - 4:00
- Comparing Viktor’s program with other coaching and leadership programs. - 5:18
- Things that he learned with the process of making his first flip. - 11:01
Episode Resources * Connect with Viktor Jiracek * https://www.linkedin.com/in/viktor-jiracek-b8549156/ * https://www.facebook.com/viktor.jiracek.5 * https://www.facebook.com/groups/sixfigureflippers/ * https://viktorjiracek.com/contact * https://www.sellyourgainesvillehometoday.com/
This was a question and answer session that I hosted in my Facebook group. I answered questions provided to me on a number of items regarding flipping houses.
Highlights
- Insurance on the property - 1:05
- Do you need home insurance? - 1:46
- Using the same insurance provider - 4:17
- Whatever you don’t spend is profit - 6:09
- Selling a property - 9:42
Episode Resources * Connect with Viktor Jiracek * https://www.linkedin.com/in/viktor-jiracek-b8549156/ * https://www.facebook.com/viktor.jiracek.5 * https://www.facebook.com/groups/sixfigureflippers/ * https://viktorjiracek.com/contact * https://www.sellyourgainesvillehometoday.com/
The podcast Six Figure House Flipper teaches listeners how to find a deal, purchase a home and flip it, as well as how they can use that money to supplement income. Be sure to tune in each week as Viktor gives you a glimpse of how you can make house flipping work for you.