House Flipping Academy
Thinking about getting into the house flipping business?
CMYC Investments, Inc. provides a personalized plan designed specifically for your unique financial goals and preferences. Bid farewell to meetings with individuals lacking the necessary expertise and welcome top-notch advice at every stage of the process.
Our dedicated team of our licensed … Contractors, Real Estate Agents, Finance Experts and House Flipping Team will impart the essential insights required to empower you, guaranteeing that you are equipped to make astute choices for your financial well-being down the road.
WELCOME TO THE HOUSE FLIPPING ACADEMY PODCAST!
Listen and learn about the house flipping business from the ground up, Christopher Moss and the team of house flipping guru’s is here to teach you what you need to know to become just as successful as they are.
Dive into the house flipping business and never look back, build up your generational wealth, your buy and hold long term investment strategy and your net worth just by listening, watching, and doing what we are here to help you do from day one.
Learn how money, corporations, and write off’s work as you take advantage of the plethora of knowledge that we have in store for you.
What are you waiting for Click here to join The House Flipping Academy Today!
Here are a few key insights you can expect to gain from CMYC Investments, Inc.
Research and Planning
Market Analysis: Understand the real estate market where you plan to flip houses. Look for areas with rising property values, good schools, amenities, and low crime rates.
Financing: Determine how you will finance your purchases. Options include cash, mortgages, home equity lines of credit, or hard money loans from investors. The choice depends on your financial situation and the competitiveness of your market.
Building a Team: Successful flippers often work with a team that includes a real estate agent, a contractor, a home inspector, an attorney, and sometimes a real estate accountant.
2. Finding the Right Property
Sources: Look for properties through MLS listings, real estate agents, auctions, estate sales, and direct marketing to homeowners.
Evaluation: Consider the location, condition of the property, and the cost of needed renovations. The goal is to find a property that, once fixed up, will sell for significantly more than the combined purchase and renovation costs.
3. Analyzing the Deal
After Repair Value (ARV): Estimate the property’s value after renovations. This involves researching comparable sales in the area.
Cost Estimates: Calculate the total cost of the purchase, including closing costs, holding costs (like taxes, insurance, and utilities while you own the home), and renovation expenses.
Profit Margin: Ensure that the expected selling price minus all costs leaves you a satisfactory profit, typically aiming for at least a 10-20% return on investment.
4. Purchasing
Negotiation: Try to negotiate the best possible price and terms that will make the flip viable.
Closing: Complete the purchase through a legal process where you formally take ownership of the property.
5. Renovating
Planning: Design a renovation plan that maximizes the property’s value. Focus on improvements that increase home value, such as updating kitchens and bathrooms, improving curb appeal, and fixing any structural issues.
Execution: Manage the renovation process efficiently to stay on budget and on schedule. Hiring reliable contractors is key.
6. Selling
Marketing: Once the renovation is complete, list the property for sale. Staging the home and professional photography can help attract buyers.
Negotiating Offers: Be prepared to negotiate with potential buyers to get the best possible sale price.
Closing the Sale: Work with your real estate agent and attorney to finalize the sale.
Successful house flipping … Requires a good understanding of the real estate market, renovation costs, and the ability to manage or oversee a project efficiently.
CMYC Investments, Inc. - is dedicated to equipping you with the necessary resources and offering personalized training to enhance your financial expertise. The insights you acquire during multiple one-on-one sessions have the power to profoundly influence the trajectory of your financial journey.
WE specialize in the California, Georgia, and Nevada Housing Markets!
Learn from the pros who are actively engaged in house flipping, from securing deeds and renovating properties from top to bottom, to putting their investments back on the market for sale, or generating passive income in the buy-and-hold market.
This was a “Live Auction” going on 6/26/24 - We made $335k in 10 minutes, what did you make yesterday?
LOOK AT WHAT WE RECENTLY PURCHASED!
NEW RANCHO CUCAMONGA HOUSE READY TO GET FLIPPED!
PURCHASE PRICE - $670,000.00
ARV COST - $85,000.00
ASKING PRICE - $1,200,000.00 MILLION
PROFIT - $445,000.00
NEW PALM DESERT FLIP WE ARE FINISHING UP NOW!
PURCHASE PRICE - $280,000.00
ARV COST - $12,000.00
ASKING PRICE - $440,000.00 K
PROFIT - $120,000.00
Now for sale! - Learn More at - Click here
NEW RIVERSIDE FLIP WE JUST PURCHASED TODAY!
PURCHASE PRICE - $774,000.00
ARV COST - $10,000.00
ASKING PRICE - $1.1 Million
PROFIT - $335,499.00
Let us demonstrate to you the precise techniques of hunting utilizing our state-of-the-art tools and extensive expertise!
The House Flipping Academy offers you the opportunity to venture into the house flipping business swiftly. By accessing our portal, you can explore essential insights, receive tailored coaching, and join us for hands-on house flipping ventures. Additionally, we may collaborate with you on selected flips. Say goodbye to the conventional "Just Over Broke" job and embrace the potential of earning a substantial six or seven-figure income with our support. Let the House Flipping Academy guide you towards success in this lucrative industry!