Archive of Danny Johnson
Danny Johnson (G+) is a real estate investor in San Antonio, TX. Visit his blog: Flipping Junkie - A House Flipping Blog to follow along with him as he shows, in detail, the marketing he is doing, the leads being generated, the lead and deal analysis, the rehabs and really, just about everything.
Danny has written 31 articles for The BiggerPockets Blog.
Starting Out
by Danny Johnson
May 22, 2013
Last week, in my BiggerPockets podcast interview (which I thoroughly enjoyed doing), I mentioned something that I thought about for days after. The more I thought about it, the more profound it really was. What was mentioned was that it is time for many people to step away from the computer and take their education [...]
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Flipping Houses & Rehabbing
by Danny Johnson
May 15, 2013
In case it wasn’t obvious, flipping houses can be risky business. We’re typically dealing with houses that cost tens and hundreds of thousand of dollars. The stakes are higher. The profits are also higher and that is why so many people are willing to take on the risk. But we can reduce the risk and [...]
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Flipping Houses & Rehabbing
by Danny Johnson
May 8, 2013
WARNING: TRAP NOT INCLUDED Do you need a mentor? Well no, but it sure does help. I’d wager to say that the vast majority of successful house flippers have had a mentor. There are just so many little things that come up when trying to flip a house that having someone experienced to help you [...]
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Flipping Houses & Rehabbing
by Danny Johnson
May 1, 2013
Last week, I went over 43 times when flipping houses is NOT all fun and games. Things are not always hunky-dory, but sometimes it can be a lot of fun. We’ve got to look at the other side of the coin, the side that looks like a coin from Chucky Cheese. Let’s take a look [...]
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Flipping Houses & Rehabbing
by Danny Johnson
April 24, 2013
Flipping houses isn’t always as glamorous as it is usually made out to be. Yeah, there’s good money to be made, but things don’t always work out smoothly. There is work involved. There can also be a lot of frustration. Over the years, we’ve experienced our fair share of frustrating and even scary times. Here’s [...]
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Real Estate Investing
by Danny Johnson
April 17, 2013
Though the money is pretty nice. But, it’s not just for the money that I do flip houses. There are a lot of reasons and I think the people that succeed at this business are the ones that go into it with more of a reason than to just “make a huge pile of money”. [...]
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Flipping Houses & Rehabbing
by Danny Johnson
April 10, 2013
Not that $15,000 isn’t a bad profit, it’s just that you are unlikely to make that amount and could even lose money. The reason is all of the unexpected costs. I Thought It Was Purchase Price Less Repairs Equals Profit… The house flipping television shows love to show super simplistic formulas for how much profit [...]
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Real Estate Investing
by Danny Johnson
April 2, 2013
Many people that want to get started flipping houses are having a hard time figuring out how to do so. Maybe you have learned a lot and educated yourself to the point where you could and should have already started. Why haven’t you? What Keeps Most New Investors From Taking Action and Getting Started For [...]
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Real Estate Investing
by Danny Johnson
March 27, 2013
Over the years, I’ve met a lot of investors. Most have seemed like great people but there have been some that I did not get a good feeling about. There have also been the stories related to me by other investors, real horror stories. It would be great if everyone took responsibility for their actions [...]
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Starting Out
by Danny Johnson
March 20, 2013
When I started flipping houses, I didn’t really know squat about construction, the cost of repairs, cost of materials, what materials to use, the time it should take, who should do the work, etc… I really was clueless when it came to this aspect of flipping houses, which can be a pretty big problem when [...]
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Starting Out
by Danny Johnson
March 13, 2013
Are Motivated Sellers Stupid? Seriously. Why would anybody sell their house for less than it is worth? Do they just not know that they could get more for it than what we as investors are paying for them? Do they not know that we are flipping houses for more than we buy them for? Are [...]
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Starting Out
by Danny Johnson
March 6, 2013
I still remember driving down the street slowly, looking from side to side for the run-down, vacant houses. This neighborhood was going through a revitalization and values were going up quickly. Near the end of the street, there it was. This one was obviously vacant and had severe fire damage. You could see where smoke [...]
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Real Estate Investing
by Danny Johnson
February 27, 2013
Should you focus your efforts on buying from motivated sellers (homeowners) or from banks? Last week I went over the pros and cons of buying houses from banks. Let’s take a look at the other side of the coin. The side I preferred when we got started and continue to do to this day. Even [...]
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Real Estate Investing
by Danny Johnson
February 20, 2013
It’s not that banks aren’t motivated sellers – but what I mean by “buying directly from motivated sellers” is buying directly from homeowners. It seems that most investors either work one or the other for deals. Some work both. I’ve switched back and forth over the years as circumstances dictated. In this post, I’m going [...]
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Real Estate Wholesaling
by Danny Johnson
February 13, 2013
Let’s imagine you have a house under contract. You’re excited, but nervous. It’s very important you close, not only because you want to make money for your efforts, but because you’ve taken on the responsibility to get the deal done. The seller is relying on you and the last thing you want to do is [...]
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Ali Boone
Jeff Brown
Chris Clothier
Steve Cook
Ken Corsini
Frank DeFazio
Ankit Duggal
Chris Feltus
Danny Johnson
Clay Huber
Ben Leybovich
Mike LaCava
Matt Landau
Paula Pant
Kevin Perk
Karen Rittenhouse
Tracy Royce
David Shafer
Glenn Schworm
Loretta Steele
Harrison Stowe
Dave Van Horn
Sharon Vornholt
Leon Yang
Kyle Zaylor
