209: Flipping 83 Homes in the Last 18 Months with Kevin Carroll | Bigger Pockets Podcast
Is small thinking holding you back? Not after this episode! Today on the BiggerPockets Podcast, Josh and Brandon talk with Kevin Carroll, a real estate investor who decided 18 months ago that he wanted to start flipping houses… and has done 83 flips in the past year and a half! Perhaps most impressively, Kevin did most of these flips out of state utilizing strategic partnerships — a strategy that just might change the way you think about real estate forever. Sit back and prepare to have your mindset expanded and let “big thinking” take over.
In This Episode We Cover:
How Kevin went from a straw-built house to flipping 1,000 houses
What a bank-owned product is
How he built a system that works
What you should know about probates
How to think like an investor instead of an agent
Things that could screw up a deal
The two components that make a deal successful
Why you should consider holding costs
Buying properties offsite
Insight on quality control and scaling the business
How to stay ahead of the flip
Why he partners with real estate agents
Why his partners need him
His favorite deals and why
The bad deals he’s encountered
Thinking big when it comes to setting targets
Who your friends are so important
And SO much more!
Links from the Show
Path to Purchase (visit your dashboard)
BiggerPockets Forums
Gobundance
Books Mentioned in this Show
The Real Book of Real Estate by Robert Kiyosaki
The Millionaire Real Estate Agent by Gary Keller
The Millionaire Real Estate Investor by Gary Keller
The E-Myth Revisited by Michael E. Gerber
MONEY Master the Game by Tony Robbins
A Journey to Financial Independence by Kevin Carroll
Tweetable Topics:
“Everything is based on relationships.” (Tweet This!)
“I’d rather spend $2,000 more and get the flip done a week sooner.” (Tweet This!)
“One of the important things you can do for a contractor is to pay them immediately.” (Tweet This!)
“Who you hang out with will dictate your level of income, your level of success.” (Tweet This!)
Connect with Kevin
Kevin’s BiggerPockets Profile
Kevin’s Website (with his spreadsheet)
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