Laura Sides had zero real estate investing experience not too long ago. But, within just six weeks, she made $100,000 on her first real estate deal). How is that even possible? That type of profit is usually reserved for expert real estate investors, not middle-school science teachers! Today, Laura is uncovering the fast-flipping formula that helps her do quick, profitable real estate deals even in her competitive market.
During a beach vacation to Florida, Laura read the personal finance and investing classic Rich Dad Poor Dad), and, seemingly overnight, her brain rewired as she became dead set on multiplying her money instead of working for every dollar. So, she **took out a **HELOC (home equity line of credit)) to buy her first real estate deal, but where would it come from? A chance encounter with a neighbor would set her on a path that would change her life forever.
Now, she’s cracked the house flipping) formula, has two killer rental properties she uses as her own vacation homes, and makes significantly more than her teacher’s salary working on her schedule, building wealth) her way. Want to be like Laura? We ALL do, and today, she’s sharing how you can do it, too!
In This Episode We Cover:
How Laura made a six-figure profit in just six weeks on her FIRST real estate deal
The house flipping formula Laura uses to buy low-stress, quick flips that make great profits
Why you should ALWAYS be friendly with your neighbors (they might sell you their house)
**Using a HELOC (home equity line of credit) to buy your first investment property **
What Laura looks for on property listings as telltale signs they’ll be good deals
And **So **Much More!
Links from the Show
Ashley's BiggerPockets Profile)
Tony's BiggerPokckets Profile)
Join BiggerPockets for FREE)
Real Estate Rookie Facebook Group)
Real Estate Rookie YouTube)
Rich Dad Poor Dad)
Laura’s Instagram)
Land More Off-Market Deals with Crucial Property Owner Contact Information from DealMachine)
Buy the Book, “The House Flipping Framework”)
Find an Investor-Friendly Agent in Your Area)
How to Start Flipping Houses for Huge Profits in 2025 (Step-by-Step!))
Connect with Laura)
(00:00) Intro
(01:02) ZERO Investing Experience
(04:49) I’ll Buy Your House!
(08:56) $100K Profit on FIRST Deal!?
(12:41) From 1st Flip to Beach House
(19:55) Laura’s Portfolio
(22:32) The Fast Flipping Formula
(26:41) Finding Deals
(34:18) Connect with Laura!
Check out more resources from this show on BiggerPockets.com) and https://www.biggerpockets.com/blog/rookie-512)
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]).
Learn more about your ad choices. Visit megaphone.fm/adchoices)
