Flipping Real Estate - How to Prepare For A Market Correction…

If you’re a house flipper, the price you pay to acquire a home right now depends on what you can re-sell it for later after fixing it up. And as of this recording, we’ve been in the hottest real estate market in history over the past year but are there signs that the market may slow down. So what should you do right now to prepare for a market correction?

Video: how to analyze deals:

Price Shiller index:

AEI Housing Center:

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Jerry Norton went from digging holes for minimum wage in his mid 20's to becoming a millionaire by the age of 30. Today he's the nation's leading expert on flipping houses and has taught thousands of people how to live their dream lifestyle through real estate.

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[jayko]

What is the difference between a market crash and correction?

[marshall]

How do you even lock in a deal into a legal binding contract that’s assignable where do you go to get that information?

[Colnxander]

Hey Jerry!! I have a question, if I'm unrepresented but dual agency is illegal in my state what are my options or what should I do?

[springerbrady]

Just bought my first flip in Nashville. I think I’ll be selling in October. I hope the market continues strong until then!

[mannyblue-letsdogadeals]

So I don’t flip properties as of yet, how can you tell how long a rehab could take. If I figure a property need a heavy rehab, typically how long does it take for a heavy rehab? I ask because All the sticky notes on my screen come from your Vids.. Your the flipping genius

[sunviewlandscaping]

Jerry is it possible to use your strategy such as contract/wholesale wise etc. On a 32 house portfolio and if so how do I find "A WHALE" to purchase all 32 !

[aprilthompson]

Thanks Jerry for all that you do for us. You are a flipping genius!💗

[Tim_Krause]

It's crazy i didn't know people made videos like this back in 2005. We are in crazy time right now! lol!

[CarlosG]

So much to process. This is the type of helpful information that only Jerry supplies on YouTube. Keep it up Jerry!

[DavisTheName]

Jerry you are a flipping genius!
God Bless!

[sammyschnepel]

Hey Jerry, I’m 18 in California and want to get started wholesaling. Should I start without my real estate license or should I get it before I start. I want to get flipster but not sure if I should get my license first.

[shirleyrice]

Hi Jerry, Do you have any Wholesalers in the state of Georgia?

[AliBooneInvest]

Some really valuable information in this video. Thank you for sharing :)

[joshuasmith]

Hey Jerry! Looking for a video or formula to calculate a rule of thumb of repairs and renovation. I already have been making a list of homes to call on but want to make sure I understand this a bit better. Thanks!

[JuancoPRoFlow]

How much is a correction? Percent wise.

[jessicafisher]

Currently looking into my first investment property and analyzing deal's. Thank tiu fir your content

[LuisOrtiz-tfjv]

Hey jerry! Random question but are you familiar with micro flipping? And what are you thoughts about it. Thank you.

[anthony_valera]

Solid analysis and info. Thanks Jerry.

[bamalinus]

Jerry you are a flipping genius! How's the multimillion dollar house flip going on in Puerto Rico?? Me, I'm getting shot down with on market conversations with agents. They want that POF.

[MichaelSmittySmithScottsdaleAz]

Jerry you are a flipping genius and actually great at video. Can I ask how you produce such smooth roll. I am starting a channel for my Scottsdale real estate and I have to read off a teleprompter and I put people to sleep.