In this episode, we delve into the world of real estate investing and flipping houses. I''m gonna share my insights on how to get started in real estate without needing to be rich, emphasizing the importance of getting smart and skilled in the industry. From discussing the limitations of bank loans to exploring options like hard money lending and private money lending, the episode provides valuable information on financing strategies for real estate ventures.

WHO ARE WE?
Home Flippers who focus on a PROFIT FIRST approach. Over a decade of experience and HUNDREDS of houses flipped for Sale or Rent.

SOCIALS:
Website: https://www.larossaconstruction.com/
Instagram: https://www.instagram.com/larossaconstruction/
Twitter: https://twitter.com/LarossaConst
TikTok: https://www.tiktok.com/@larossaconstruction
LinkedIn: https://www.linkedin.com/company/larossa/
Facebook: https://www.facebook.com/larossaconstruction

In this Podcast we're talking about one of the biggest headaches you can face when flipping houses, dealing with the Contractors. Most probably think contractors are all corrupt and want to take advantage of you, but in reality the truth is less black and white than that. Hopefully after watching to the end you'll realize how to reduce the amount of headaches your Contractors cause you to none.

WHO ARE WE?
Home Flippers who focus on a PROFIT FIRST approach. Over a decade of experience and HUNDREDS of houses flipped for Sale or Rent.

SOCIALS:
Website: https://www.larossaconstruction.com/
Instagram: https://www.instagram.com/larossaconstruction/
Twitter: https://twitter.com/LarossaConst
TikTok: https://www.tiktok.com/@larossaconstruction
LinkedIn: https://www.linkedin.com/company/larossa/
Facebook: https://www.facebook.com/larossaconstruction

In this episode, we delve into the impact of AI and robotics on the real estate industry, particularly in house building and flipping. We discuss the potential threats posed by automation to traditional skills and jobs in the field. From the use of robots like Hadrian X in construction to the challenges faced by AI in understanding key concepts, we dive deep into the evolving landscape of real estate investing.

Today we're discussing the five psychological hacks that can increase the value of your property and attract potential buyers. Learn about the importance of the "filter" in creating a lasting impression, the significance of intuition in understanding what feels right in a house, and the importance of knowing where to draw the line in your renovation projects.

00:00:00 - Setting the Stage: Importance of Professional Photos and Curb Appeal
00:05:30 - The Big Three: Photos, Description, and Curb Appeal
00:09:32 - Psychological Hacks: Filter, Intuition, and Finish Line
00:13:48 - Give a Mouse a Cookie: Knowing When to Stop
00:17:46 - Hodgepodge-ing: Avoiding Style Confusion
00:20:33 - Overpaying and Complications: Understanding Confirmation Bias
00:27:10 - Neighborhood Lines: Importance of Accurate Comparisons
00:34:44 - Icing on the Cake: Utilizing Tricks for Better Results
00:35:48 - Catastrophic Errors: Learning from Past Mistakes

SUBSCRIBE:
Learn how to grow a successful real estate investing organization: https://www.youtube.com/@LarossaConstruction?sub_confirmation=1

WHO ARE WE?
Home Flippers who focus on a PROFIT FIRST approach. Over a decade of experience and HUNDREDS of houses flipped for Sale or Rent.

SOCIALS:
Website: https://www.larossaconstruction.com/
Instagram: https://www.instagram.com/larossaconstruction/
Twitter: https://twitter.com/LarossaConst
TikTok: https://www.tiktok.com/@larossaconstruction
LinkedIn: https://www.linkedin.com/company/larossa/
Facebook: https://www.facebook.com/larossaconstruction

We are going to show viewers that there are a series of hidden costs and not so hidden costs which lead most of their RE investments to just be Forced Saving Accounts. They end up just disciplining themselves into another job. If that all goes alright then you have to face taxes with the IRS. If you are still surviving after that there is the biggest tax yet. They hidden tax that will end up getting everyone if they aren't acting accordingly.

00:00:00 - Introduction to House Flipping Realities
00:05:30 - Lessons Learned from Early Flipping Experiences
00:10:02 - Understanding Hidden Costs in House Flipping
00:13:25 - Impact of Taxes on Real Estate Investments
00:15:44 - The Bubble Tax: Preparing for Market Corrections
00:19:36 - Importance of Underwriting Deals and Escrowing Funds
00:22:04 - Evaluating the Line of Livable in Real Estate Projects
00:27:54 - Strategies for Long-Term Success in Real Estate Investing

SUBSCRIBE:
Learn how to grow a successful real estate investing organization: https://www.youtube.com/@LarossaConstruction?sub_confirmation=1

WHO ARE WE?
Home Flippers who focus on a PROFIT FIRST approach. Over a decade of experience and HUNDREDS of houses flipped for Sale or Rent.

SOCIALS:
Website: https://www.larossaconstruction.com/
Instagram: https://www.instagram.com/larossaconstruction/
Twitter: https://twitter.com/LarossaConst
TikTok: https://www.tiktok.com/@larossaconstruction
LinkedIn: https://www.linkedin.com/company/larossa/
Facebook: https://www.facebook.com/larossaconstruction

When you first get into house flipping It can seem daunting with all the catastrophes that can hit you, but I found 7 main types of issues that can come up and really their all preventable or fixable. In this podcast I'll cover all my experiences with these RE Nightmares.

SUBSCRIBE:
Learn how to grow a successful real estate investing organization: https://www.youtube.com/@LarossaConstruction?sub_confirmation=1

00:00:00 - Introduction and Costly Hole Discovery
00:05:30 - Subterranean Surprises: Septic and Sewer Issues
00:18:05 - Site Issues: Erosion and Water Problems
00:24:00 - Property Issues: Easements and Bad Property Lines
00:32:00 - Environmental Hazards: Asbestos, Lead, and Mold
00:35:00 - Pest Problems: Rats, Termites, and Other Pests
00:38:00 - Annoying Neighbors and Property Damage
00:43:00 - Property Age Issues: Electrical and Insulation Problems
00:45:00 - DIY Blunders: Poor Renovations and Hidden Issues

WHO ARE WE?
Home Flippers who focus on a PROFIT FIRST approach. Over a decade of experience and HUNDREDS of houses flipped for Sale or Rent.

SOCIALS:
Website: https://www.larossaconstruction.com/
Instagram: https://www.instagram.com/larossaconstruction/
Twitter: https://twitter.com/LarossaConst
TikTok: https://www.tiktok.com/@larossaconstruction
LinkedIn: https://www.linkedin.com/company/larossa/
Facebook: https://www.facebook.com/larossaconstruction