Episode 37: 5 Reasons Why Every House Flipper should have Rental Properties!

Episode 37: 5 Reasons Why Every Flipper Should Have Rental Properties

by Doug & Andrea Van Soest | Spouses Flipping Houses

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Episode 37: Show Notes

Today we’re talking about RENTALS & the 5 Main reasons we believe EVERY house flipper should have rental properties in their portfolio. Tune in to episode 37 to learn why we feel this is such an IMPORTANT & vital investment strategy, to utilize in your own Business! This episode may just change your mind AND your business, if you haven’t been using Rentals as one of your investment strategies.

Episode 37 Transcript

Download Episode 37 Transcript

Doug: Welcome back to the Spouses Flipping Houses Podcast, Episode number 37 today. Welcome back.

Andrea: Today we are talking about five reasons why every house flipper should have rental properties.

Doug: Yes, but this is a house flipping podcast. It’s about flipping houses, not rentals.

Andrea: Yes, but we like rentals.

Doug: It is. Actually, it’s more about real estate investing, so we’re going to talk a little about the differences there and why every house flippers should have rental properties (we believe).

But before we get into that, if you missed last week’s episode, I would encourage you to go check that out, Episode 36. Our good buddy Dave is doing his first flip in Hawaii, and he had a bunch of good questions from a first time flipper that we addressed in last week’s episode, so go check that one out if you haven’t heard it.

What’s been happening in our business this week?

Andrea: A lot. I’ve been running around like a chicken with my head cut off getting bids on different projects that we’re starting up.

Doug: Where did that phrase, “running around like a chicken with it’s head cut off,” come from? Well, I guess if you cut its head off…

Andrea: If you cut its head off it runs around, but it can’t see so I think it’s bumping into things, and that’s…

Doug: I’m just picturing this chicken with no head. I don’t now. I usually don’t do that.

Andrea: That’s how I feel, like I’m bumping into things and running around like crazy. But anyways, it’s all good stuff though trying to get bids and get rehab projects started. And we had this one that we just bought out in the LA area, and so we don’t have contractors out there that we work with on a regular basis, so we’ve been trying to get referrals and get this project going.

Well, the interesting thing is that we bought it from this guy, and his neighbor really wanted to