HFHQ 252: How to Maximize PROFIT on EVERY Deal (Mike Simmons at Flip Hacking LIVE)…

Listen to This EpisodeSo you’re finding deals……but you keep getting outbid by other investors.You’re struggling to get houses under contract at priceswhere you can make money.And you’re wondering how these other flippers andwholesalers are able to do it and still bring in profit.Sound familiar?If this is happening to you, you’re not alone…I hear the same story from real estate investors indifferent markets all over the nation every day.“All the deals are getting snatched up.”“Other investors are overpaying.”“I can’t find any houses with room to make a profit.”Here’s the thing…Those other investors who are “overpaying” and outbiddingyou are STILL making a profit.The difference is, their profit MARGINS are BIGGER thanyours……so they have room to play with higher purchase priceswhen they need to.That additional profit margin is the difference betweenthe deal “not working” versus “making money.”It’s the reason why some house flippers and wholesalers areable to close hundreds of deals per year while the rest are left fighting overscraps.So how are they getting these bigger profit margins?How are they able to increase their profit per deal everytime?It happens on the “back end” of the deal.And it comes down to a few things…Some of these are “small” things.Some of them are “big” things.But they’re all important.And last year at Flip Hacking LIVE, Mike Simmons brokedown in DETAIL how he and his business partner Mike Cowper are maximizingprofit on the “back end” of their deals.We’ve never released this footage before…We’ve had people paying quite a bit of money to get the recordingsfrom that event.But I want to share this with you……because these tweaks and tactics can make all thedifference in your business.Check it out!Links & ResourcesThe video above is just 1 presentation from last year’s Flip Hacking LIVE event. Imagine spending 3 full days taking in training like this.That’s what we do at Flip Hacking LIVE.And our next event is coming up soon…Seating is limited, though.So if you want to be there this year, you need to get your ticket now (click here) before all seats are sold out.Flip Hacking LIVEOctober 10-12 2019San Diego, CAIt’s going to be awesome…Click below to reserve your spot at this year’s event!CLICK HERE to Get Tickets to Flip Hacking LIVE! >>And I’ll see you in San Diego!Like what you hear? Subscribe!If you've found any value or helpful information in the House Flipping HQ Podcast, we’d love to hear about it! Head over to iTunes to subscribe, and while you're at it, leave us a rating (5 stars would be great!) and a review so that others who are interested in starting a house flipping business can find us and get in on the good stuff!  If you have any questions or comments about this show or its contents, please post them in the comments area below and I’ll be happy to answer them!The post HFHQ 252: How to Maximize PROFIT on EVERY Deal (Mike Simmons at Flip Hacking LIVE)… appeared first on House Flipping HQ. Hosted on Acast. See acast.com/privacy for more information.