How to Build (and Scale!) a House Flipping Business in 2024

Episode #439

Episode Show Notes: https://link.chtbl.com/Rookie

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Real Estate Rookie - Episode 63: Diverging From Corporate Life to Flip Houses Full-Time with Sean and Ann Wayne:
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Every real estate deal is hard work, whether your investing strategy is house flipping, buy and hold, or even wholesaling. If your goal is to not only get a great deal under contract but also make money after closing, you won’t want to miss this episode!

Welcome back to the “Real Estate Rookie” podcast! When we last spoke with husband-and-wife investing duo Sean and Ann Wayne, they had completed twelve deals—an impressive feat for any new investor. But over the last three years, they have discovered all kinds of tips, tricks, and strategies that have helped them triple their output in that time. How did they do it? In today’s episode, they’re going to update you on their investing journey and share their findings with you!

Tune in as Sean and Ann teach you about flipping houses and home renovations. Along the way, you’ll learn about the importance of design proposals—your secret weapon for organizing rehab projects, managing your timeline, and keeping your budget in check. You’ll also learn how to save money on materials, the biggest dos and don’ts when working with contractors, and some of the biggest rookie mistakes to avoid on any project!


00:00 Intro

00:44 Current Portfolio & Strategy

05:55 How to Find Deals

09:30 Working with the City

15:24 Design Proposals 101

17:52 Saving Money on Materials

26:11 Getting Creative with Design

30:41 KEY Advice for Rookies