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Updated almost 6 years ago on . Most recent reply

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Mike Tinker
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Flipping houses in Omaha, NE

Mike Tinker
Posted

I'd really like to get started with flipping houses in Omaha but not sure where to start. I'm trying to figure out where I can find good deals before they hit the MLS or in some cases never hit the MLS at all. Can anyone point me in the right direction? Wouldn't mind meeting some more people to discuss as well. Thanks!!

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Owen Dashner
  • Lender
  • Omaha, NE
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Owen Dashner
  • Lender
  • Omaha, NE
Replied

Thanks @Anthony Gayden@Mike Tinker, in order to know how to answer your questions, it would be helpful to have more information.  You will need to define your target areas, price points you are comfortable buying, type and level of construction you are able to handle, etc.  Do you have a marketing budget (if so, how much)?  And are you just hoping to do a flip here and there as a side hustle, or are you talking about making this into a legit business right out of the gate?  The answers to these questions will dictate the approach that would be best for you. 

Almost all legit flipping businesses spend a lot of money on marketing (online, direct mail, etc.) to acquire off market leads. There are other more grassroots/cheaper ways of lead generation like networking, driving for dollars, door knocking, surfing Craigslist, FB and FSBO sites for leads, etc.

You could also seek out the legit wholesalers in the area and buy from them.

  • Owen Dashner
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