Welcome back to another episode of the Real Estate Excellence Podcast! Today I have Alan Levinson of Roundtable Realty in the studio with me. He is an entrepreneur and an experienced home flipper. From the first time I met this agent, I saw a focused, motivated, and an up and coming superstar in the real estate business here in Northeast Florida. And now, he has flipped around 25 homes as of this recording. 

 

If you are interested in flipping homes, this is an episode that you surely would not want to miss because Alan will be sharing some of his challenges and successes in flipping houses today. Let’s dive in! 

[00:01 - 11:42] Opening Segment 

 

  • I welcome Alan Levinson to the show
  •  Shoutout to our sponsor: 
  • Alan shares about this background and getting into flipping houses
    • Saw the opportunity cost at 23
    • A time to take risks 
    • How he ended up with Roundtable Realty 
  • I share about my experience with house flipping and

[11:43 - 38:18] The Best and Worst of Flipping Houses 

 

  • Worst: properties that Alan still owns 
  • Alan shares about the flipping horror stories 
  • Finding deals in the market 
  • Selling a lot of houses because of the timing 
  • Making units a primary 
    • Easiest way to get into real estate investing
    • Better financing
    • Great way to start
  • Alan talks about his process in evaluating a home 
    • Checkout the general area 
  • Hire professionals to do the other work 
    • Working with subcontractors
    • Hire a contractor or an inspector if needed
  • Making room for the “unseen things” 
  • Dealing with inexperienced contractors or contractors who take advantage of the situation 
  • Shy away from big renovations if you’re getting started 
  • Finding opportunity everywhere even as a beginner in flipping houses 
  •  

 

[38:10 - 40:59] Closing Segment

  • Going in to flipping houses with eyes wide open
    • Reach out to experts like Alan 
    • Do your research 
  • Connect with Alan through the links below
  • Alan talks about his experience with flipping land 
  • The importance of knowing your numbers
  • Final words

Tweetable Quotes:

“The easiest way, if you want to get into real estate investing, is to make it a primary.” - Alan Levinson

 

“A lot of times, you have to move so quickly that you can't get all the answers. Which is why you need some room there because there's going to be the unseen things like you had in your property.” - Alan Levinson

You can reach out to Alan through his mobile 954-802-1305 or by sending him an email at [email protected]. You can also connect with her via Facebook or through this website! 

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