Luxury Flipping Success Story

7 Replies

At the suggestion of @Brandon Turner  I am starting this thread for my recent success stories. It was only 10 years ago when i got my start in RE; only 5 years ago when I started flipping $400,000 homes one at a time, and now, I am flipping $4,000,000+ estates here in Southern California. While the journey was not easy, it is certainly obtainable for anyone with the desire! I am just a junior college drop out, so if you think a premier college degree is required to achieve these goals, think again. I am not saying college is not the way to go, just saying that with the drive, desire to learn in the field, and ability to take some calculated risks, anyone can do this.

So, for just $1,999 today only, bring out your credit card and buy my Million dollar flip seminar and you can be sitting in my seat by next week!!!  OK, just kidding, I could not resist banging on the gurus with that joke.

Here is a link to a thread i started which runs through my story of my most recent luxury flip, in fact, the most expensive one I have done to date: http://www.biggerpockets.com/forums/517/topics/101...

Inside this thread you will find how I found the deal, how i funded the deal, how I rehabbed the deal, and the finished product as it sits today. I am also a huge baseball fan (Angels) and one of my visitors at the broker open was Jim Anderson who was drafted by the Angels in 1975 and played shortstop for us for a few years. What a great guy!

I posted a video in this thread which shows the transformation of the property. Please subscribe to my Youtube page (not an add, nothing to sell) so you can see all of the videos which document my success flipping homes here in CA.

@Will Barnard  Crap...I voted for this post, before I read the homage to the Angels!  @Joshua Dorkin  I need a way to "unvote" for Angels fans!!!

Sincerely,

The Ultimate Rangers Fan  ;-)

@Will Barnard   I love seeing these threads that document your journey, and it's great that you shared about your education, etc., I know many people will relate. Thanks for sharing the links to make it easier.  I hear from people every day wanting to know how to start, and I often send them to your site and a few others for examples. Soon we'll have a forum dedicated to these deals to make them easier to follow. , and have everything in one place! 

Great job Will, I just love the transformation of that last deal!!

Will, you are a true BiggerPockets success story. You are open to sharing your experience freely, and I've learned a lot from you. Keep doing deals and keep telling us sbout them. Thank you, Will. 

Originally posted by @Hattie Dizmond:

@Will Barnard  Crap...I voted for this post, before I read the homage to the Angels!  @Joshua Dorkin  I need a way to "unvote" for Angels fans!!!

Sincerely,

The Ultimate Rangers Fan  ;-)

 New York Rangers?

Hattie: 

It's only a bunch of guys at a picnic, but without the food even.   It's not like Will declared himself a Mighty Ducks fan ;-)

Will:

I too enjoy your "flipping for the once rich and famous" series.  I am also rooting for you to get your squatters out before my boy starts school ... seeing as both adventures started within 2-days of one another in Feb 2011.

1(506) 471-4126

Hey buddy: can I get a small loan:):)

Congrats---you are an inspiration to all of us!

John Thedford, Real Estate Agent in FL (#BK3098153)
239-200-5600

Thank you to all who responded and made such wonderful comments. Sometimes it is a thankless job and it is nice to know that the effort is appreciated.

On to the success stories . . .

Here is the thread which catalogs a deal not more than a half mile from the one above which also is on the MLS: http://www.biggerpockets.com/forums/517/topics/795...

I also just completed the final edits of the video for this project and you can see it right here: http://youtu.be/-7_EuU3JuUk?list=UUvkHnLt8Cu8ceJoQUkH8VVg

My initial plan was to take this property and convert the exterior from the "English Manor" style it is to more traditional, however, I had so many people tell me that it was so magical looking, I should leave it alone. That may have been a mistake as t has been on the MLS for over 4 months so I am now second guessing that decision. See for yourself in the video and I would love any feedback (good or bad, I am a big boy).

Thanks for sharing your stories, they teach me a lot!

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