HOW TO TALK SOMEONE INTO FLIPPING A HOUSE????

HOW TO TALK SOMEONE INTO FLIPPING A HOUSE????

Flipper/Rehabber · Highland, CA · Member since 2016 · 72 posts · 10 votes

Okay, so I've been wholesaling properties to investors for almost a couple years now, I come across some amazing deals, I also own an inspection company now that inspects FNMA foreclosure properties, which also helps me find some decent fix n flip deals. My father works his *** off day in and day out and has been with his employer (huge company) for 39 years, in that time he has made his way pretty high in company for being such a dedicated hard worker. He makes really good money doing what he does, however, he has worked 12+ hour days every day since he first started with the company at age 19. He literally only takes days off a couple times a year. What I'm trying to say is he works way too much! He is getting close to retiring an he wants to move to the beach. My family discusses flipping houses all of the time! My parents know a loooot of people in the real estate world including brokers, agents and full time investors, so they know how much money there is to be made if you play your cards right. SO THIS IS WHERE I NEED SOMEONES HELP! My dad would absolutely love flipping houses full time, he has An extremely good credit score, and a few bucks resting in the bank. He would be more than willing to flip a house if he spoke to the right person, whether it's a hard money lender or potential partner. HOW COULD I TALK HIM INTO FLIPPING A HOUSE !?

I want him to retire already and learn to relax every once and a while. What advice can you give me that will help me talk him into flipping his first property ? I believe that he would be down with it, if he spoke to a lender who could explain everything to him! If he found the right deal and the numbers make sense he would jump on it ! I can use any advice ! I know this is a weird one lol, but I need someone's help ! I'm desperate for this. Any California lenders or potential partners out there who could help ?

Thank you !

I look forward to reading any responses.

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Investor · Fort Walton Beach, FL · Member since 2015 · 568 posts · 966 votes
9y

@Riley Hinshaw You said you're wholesaling. Why don't you flip one of your wholesales and show him the light? 

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  • Johnson City, TN · Member since 2014 · 586 posts · 705 votes
    9y

    Have you ever thought that he might enjoy working all of those hours? Sounds like he is pretty happy with his life as it is. Considering that he knows so many people in the real estate community and has some cash and excellent credit, I doubt he really needs your encouragement.

  • Flipper/Rehabber · Highland, CA · Member since 2016 · 72 posts · 10 votes
    9y
    Originally posted by @Account Closed:

    Have you ever thought that he might enjoy working all of those hours? Sounds like he is pretty happy with his life as it is. Considering that he knows so many people in the real estate community and has some cash and excellent credit, I doubt he really needs your encouragement.

     No. He just doesn't have time to get around to it. That's why I said I need someone (who knows what they're doing) to sit down with him. I talk to him literally every day about real estate. I know for a fact that he wants to flip houses. Thanks for your attempt to help but that's not what I asked. 

  • Real Estate Investor · Macedon, NY · Member since 2016 · 251 posts · 290 votes
    9y
    You say you're wholesaling. Run a few of your deals through the BP flip calculator and just show him actual hard numbers that you could help him find. Another option would be to ask him to partner up with you on one. See if he'll just provide the financial support and then hope he catches the "fever" from just tracking the progress and being involved on the fringe.
  • Real Estate Agent · Las Vegas, NV · Member since 2015 · 2k+ posts · 1k+ votes
    9y
    why don't you partner up on a flip if you came across a great deal show him the way It would be much easier if you had a few flips under your belt
  • Investor · Fort Walton Beach, FL · Member since 2015 · 568 posts · 966 votes
    9y

    @Riley Hinshaw You said you're wholesaling. Why don't you flip one of your wholesales and show him the light? 

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