Welcome back to another episode of the Real Estate Excellence Podcast! Today I have Alan Levinson of Roundtable Realty in the studio with me. He is an entrepreneur and an experienced home flipper. From the first time I met this agent, I saw a focused, motivated, and an up and coming superstar in the real estate business here in Northeast Florida. And now, he has flipped around 25 homes as of this recording.
If you are interested in flipping homes, this is an episode that you surely would not want to miss because Alan will be sharing some of his challenges and successes in flipping houses today. Let’s dive in!
[00:01 - 11:42] Opening Segment
I welcome Alan Levinson to the show
Shoutout to our sponsor:
Staged To Sell Realty
Alan shares about this background and getting into flipping houses
Saw the opportunity cost at 23
A time to take risks
How he ended up with Roundtable Realty
I share about my experience with house flipping and
[11:43 - 38:18] The Best and Worst of Flipping Houses
Worst: properties that Alan still owns
Alan shares about the flipping horror stories
Finding deals in the market
Selling a lot of houses because of the timing
Making units a primary
Easiest way to get into real estate investing
Better financing
Great way to start
Alan talks about his process in evaluating a home
Checkout the general area
Hire professionals to do the other work
Working with subcontractors
Hire a contractor or an inspector if needed
Making room for the “unseen things”
Dealing with inexperienced contractors or contractors who take advantage of the situation
Shy away from big renovations if you’re getting started
Finding opportunity everywhere even as a beginner in flipping houses
[38:10 - 40:59] Closing Segment
Going in to flipping houses with eyes wide open
Reach out to experts like Alan
Do your research
Connect with Alan through the links below
Alan talks about his experience with flipping land
The importance of knowing your numbers
Final words
Tweetable Quotes:
“The easiest way, if you want to get into real estate investing, is to make it a primary.” - Alan Levinson
“A lot of times, you have to move so quickly that you can't get all the answers. Which is why you need some room there because there's going to be the unseen things like you had in your property.” - Alan Levinson
