301: Why Cheap And Ugly Houses Are Gold Mines For Flippers

Think ugly, cheap houses aren’t worth your time? Think again. In this episode, Stephanie Lombardo shares her secrets to finding rundown properties, adding value, and flipping them for big profits. She explains why mid-level flips are perfect for beginners and how to avoid costly mistakes. You’ll also learn her strategies for working with contractors, deciding between flips and rentals, and balancing real estate with family life. KEY TALKING POINTS: 0:00 - Introduction 0:41 - An Overview of Stephanie Lombardo’s Business 1:15 - Why She Decided To Start Flipping Houses 2:03 - Hard Lessons She’s Learned In Business 4:23 - Working With The “Ugly, Cheap” Flips 8:58 - The Impact That House Flippers Have 11:00 - How Her And Her Husband Divide The Work 12:23 - Stephanie’s Coaching Business 14:22 - How She Decides What To Keep As A Rental 17:00 - Her Advice For Aspiring Flippers With Analysis Paralysis 18:29 - Outro LINKS: Instagram: Stephanie Lombardo https://www.instagram.com/flippinempire/ Website: Stephanie Lombardo https://flippinempire.com/ Instagram: David Lecko https://www.instagram.com/dlecko Website: DealMachine https://www.dealmachine.com/pod Instagram: Ryan Haywood https://www.instagram.com/heritage_home_investments Website: Heritage Home Investments https://www.heritagehomeinvestments.com/