My Flipping Life

Ep. 139 - Building a Dream Team - Contractors

28 Jun 2023

Contributed by Lukas

Every project requires renovation.  Making a contractor a key partner.  Many people believe that finding a good contractor is an impossible task but...

Ep. 138 Rising Rates and REI

21 Jun 2023

Contributed by Lukas

The change in rates, like any change, may actually create opportunity.  When comparing and planning there may be additional options available.  Know...

Ep. 137 - 5 Staging Tips to Sell a Home Fast

14 Jun 2023

Contributed by Lukas

When it comes to staging the stats don't lie.  There's plenty of information that supports that staged homes have more interest, attract more buyers ...

Ep. 136 - 11 Steps to Flipping Success

31 May 2023

Contributed by Lukas

If you've ever wished you could just look at a list of things "to do" when it comes to flipping and start this episode is for you.  A breakdown of th...

Ep. 135 - Two Words I Don't Use in Flip Description and Why

24 May 2023

Contributed by Lukas

When it comes to the description of a home for sale there's a key phrase that, in my opinion, is overused.  So when listing completed flip projects I...

Ep. 134 - Tips to Avoid Over (and Under) Renovating a Flip

10 May 2023

Contributed by Lukas

Over renovating a flip is something that can happen to anyone.   So how do you make sure the decisions you make don't take a flip from profitable to...

Ep. 133 - Why I Almost Never Got Started Flipping

03 May 2023

Contributed by Lukas

Anytime we take on something new it's uncomfortable.  When I was thinking about episode topics a few weeks ago something hit me.  I was so close to ...

Ep. 132 - 3 Key People for Your Team and How to Start Before You Find Them

26 Apr 2023

Contributed by Lukas

It's no secret that to have a successful flip requires a few key people.  But how do you possibly start if you don't have these relationships?  Grea...

Ep. 131 - Why My Husband Left His Career First

19 Apr 2023

Contributed by Lukas

Many people set a goal that they eventually want to leave their full-time job when they reach a certain level with their flipping.  But if you're mak...

Ep. 130 - Uplevel Mile Markers in My Business

12 Apr 2023

Contributed by Lukas

There are osme pivotal moments in my business where things changed.  Some were unexpected and some were planned.  What they each share is the impact...

Ep. 129 - Simplify the Flip Process

05 Apr 2023

Contributed by Lukas

Knowing what to do not only makes a flip project easier but it can save you hours of searching for the "prefect" flip.  While not every home you'll w...

Ep. 128 - 3 Mistakes I Won't Make Again

29 Mar 2023

Contributed by Lukas

Hindsight is always right.  Here's your chance to steal three of the many lessons I learned in the first few years of house flipping.  Save yourself...

Ep. 127 - How to Plan a Smooth Flip

22 Mar 2023

Contributed by Lukas

There's no promise that a project will be smooth sailing from start to finish but there's definitely some steps you can take that can help.  From dec...

Ep. 126 - Tips for Marketing a Flip

15 Mar 2023

Contributed by Lukas

The business of flipping means that until that home is sold, it's not really a success.  Crossing the finish line of a truly successful flip means th...

Ep. 125 - Questions I Was Asked at a RE Summit

08 Mar 2023

Contributed by Lukas

A few years ago I was asked to be part of an investor panel to answer questions.  The audience was a mix of people who were experienced and those who...

Ep. 124 - One Business Relationship I Won't Do Again

01 Mar 2023

Contributed by Lukas

Every experience is a lesson.  That is something I always stand by.   In this episode I'm sharing the  insight as to the type of situation I will ...

Ep. 123 - Live In Flip vs Traditional Flip

22 Feb 2023

Contributed by Lukas

When it comes to flips you may have done one version and not even know it. Who knew that buying a personal fixer upper could be one of the best REI mo...

Ep. 122 - 9 Renovations to Maximize Value in a Home

15 Feb 2023

Contributed by Lukas

Of all the areas in a house to focus on, which make the most impact?  Well, it depends.  The neighborhood and the comparable sales can certainly pro...

Ep. 121 - 8 Ways to Start Flipping in 2023

09 Feb 2023

Contributed by Lukas

There's plenty of time to put your flipping plans to action.  And when it comes to a plan these steps have just the roadmap you need.  While some of...

Ep. 120 - What You Don't Hear About When it Comes to Long Term Rentals

25 Jan 2023

Contributed by Lukas

All real estate has opportunity. But each specialty has it's unique pros and cons.  When it comes to long term rentals there is plenty that you hear ...

Ep. 119 - Five Things I Wish I Had Known Sooner

18 Jan 2023

Contributed by Lukas

I'm a big fan of looking back and assessing.  Especially when it comes to beliefs I thought were true and those that were actually true.  Listen in ...

Ep. 117 - Why Narrowing Your Buying Areas is a Good Thing

14 Dec 2022

Contributed by Lukas

It can be tempting when you are just getting started to say "yes" to properties anywhere.  But there's always a tradeoff.  As shifts happen in the m...

Ep. 116 - Balancing Design Trends in a Flip

07 Dec 2022

Contributed by Lukas

When it comes to creating stand out flip properties the design choices matter.  And while there are plenty of directions to go there's a balance that...

Ep. 115 - Tips to Buying Flips Now

30 Nov 2022

Contributed by Lukas

With each shift there is opportunity.  When it comes to real estate growth can be experienced at any time by pivoting.  And occasionally those chang...

Ep. 114 - What to Do if a Flip Doesn't Sell

23 Nov 2022

Contributed by Lukas

When it comes to flipping this is the moment you wait for.  The last part of the journey where you wait.  That's why you want to make sure that you'...

Ep. 113 - 7 Tips to Simplify Working with Contractors

16 Nov 2022

Contributed by Lukas

When it comes to working with contractors I've found that there's a simple way and a not so simple way to do it.  Since contractors work with so many...

Ep. 112 - Success Stories from House Flip Blueprint

09 Nov 2022

Contributed by Lukas

A few years ago I took much of the information that I've learned over my 15 years of flipping and created a program for others to experience flipping ...

Ep. 111 - Should You Always Go For the Worst House in the Best Neighborhood

03 Nov 2022

Contributed by Lukas

You've likely heard the saying about how the key to real estate is to buy the worst house in the best neighborhood.  But is that really true?  Is th...

Ep. 110 - Ways to Avoid Over Renovating

19 Oct 2022

Contributed by Lukas

A common trap for flipping can be over spending.  Whether it be on things that don't translate to the sales price or going overboard on the renovatio...

Ep. 109 - 10 Tips for Finding the Right Contractor

11 Oct 2022

Contributed by Lukas

A key partner when flipping is a reliable contractor. So what makes a good contractor?  To start with, they'll check some of these boxes in this week...

Ep. 108 - 5 Ways to Invest in Real Estate

05 Oct 2022

Contributed by Lukas

There are a variety of strategies for investing in real estate.  The best part about them is that you get to choose which works best for you and your...

Ep. 107 - Three Questions I'm Asked Most Often

28 Sep 2022

Contributed by Lukas

When it comes to the business of house flipping there are a few questions that I consistently am asked. This week I'm sharing the questions (and the a...

Ep. 106 - Difference Between Recessions, Crashes and Slowdowns

21 Sep 2022

Contributed by Lukas

Knowing how each of these events may be different, or similar is part of understanding the real estate landscape.  While it's great to have strong de...

Ep. 105 - 10 Ways to Know You're Flip Ready

14 Sep 2022

Contributed by Lukas

Looking for a sign that you should be flipping? This list may be just what you need.  If you've ever had some of these thoughts or ideas that you jus...

Ep. 104 - The MLS Myth

31 Aug 2022

Contributed by Lukas

When it comes to finding houses to flip there are many ways to do it.  Which method works best depends upon several factors that are largely dependen...

Ep. 103 - Extra Details to Elevate Your Flip

24 Aug 2022

Contributed by Lukas

For many buyers there are specific needs they have in a home.  Those are pretty easy to include in your flip renovations.  But then there's the "ext...

Ep. 102 - The Myths vs. Realities of House Flipping

17 Aug 2022

Contributed by Lukas

It's common to compare TV flipping to real life flipping. However, we all know TV is really about the story.  Not the process.   But what about som...

Ep. 101 - How Patience Can Save a Flip

10 Aug 2022

Contributed by Lukas

An easily overlooked skill when it comes to flipping is patience.  If you think about all the decisions made during the flipping process you may begi...

Ep. 100 - When Will Housing Prices Actually Drop?

03 Aug 2022

Contributed by Lukas

There's been a lot of conversation about housing and the real estate market.  But when will prices actually change?  We're also looking at a supply ...

Ep. 099 - Why Realtors Should Invest in Real Estate

27 Jul 2022

Contributed by Lukas

When it comes to real estate agents can have a definite advantage.  Access to information, industry knowledge and perhaps even a network of contracto...

Ep. 098 - 15 House Flip Lessons Learned from Experience

20 Jul 2022

Contributed by Lukas

When I think of all the lessons that have been learned 15 seems like a small list.  By selecting these experiences my intention is to shorten the lea...

Ep. 097 - Options for Flip Funding

13 Jul 2022

Contributed by Lukas

Just for You If you want to scout for your flip house like a pro, this is for you. I've created a fixer-upper checklist that includes 8 key areas I ...

Ep. 096 - Permits and Flips

06 Jul 2022

Contributed by Lukas

The process of flipping is often connected to renovations that will require permits and inspections.  A basic knowledge of this process will allow yo...

Ep. 095 - Making Smart Renovations for Your Flip

29 Jun 2022

Contributed by Lukas

Not every renovation is equal.   When it comes to decide where to allocate budget dollars there's a method to making sure that you strike the balanc...

Ep. 094 - Building a Flipping Business that Stands Out

22 Jun 2022

Contributed by Lukas

The real estate market is always changing.  At times the changes can be more evident than others.  So how do you adjust to these shifts?  By focusi...

Ep. 093 - GC or Project Manager?

15 Jun 2022

Contributed by Lukas

Which person is right for your flip?  Is a general contractor the best option or does the scope of the project fit better for a project manager inste...

Ep. 092 - The Flip I Passed On

08 Jun 2022

Contributed by Lukas

Ever wonder what happens to those fixer uppers you see?  Does someone else buy them to flip?  Or do they become a rental property?  This is one of ...

Ep. 091 - Where Are All the Houses?

01 Jun 2022

Contributed by Lukas

In all of the headlines you'll notice every once in awhile there's a mention of inventory.  Low supply and high demand has plagued the housing market...

Ep. 090 - Should You Consider Flipping Now?

25 May 2022

Contributed by Lukas

Think about this...there were numerous "experts" back in March of 2020 who were predicting a 2008 type of event in the real estate market. But that di...

Ep. 089 - What do Buyer Regrets Tell us About Flipping?

18 May 2022

Contributed by Lukas

The housing market has seen a tremendous amount of activity in the past couple of years.  With buyers facing limited inventory they've often been in ...

Ep. 088 - Is a Real Estate License a Necessity to Flip?

11 May 2022

Contributed by Lukas

A question that often tops my Q+A lists is about having a real estate license.  While it is definitely not a requirement there may be some benefits t...

Ep. 087 - Celebrate 9 Years in Real Estate Full Time With e

04 May 2022

Contributed by Lukas

For the first 6 years after I bought my first flip I split my time between a full-time career and house flips.  But in March of 2013 I made the trans...

Ep. 086 - Why Some People Excel at Flipping and Some People Don't

27 Apr 2022

Contributed by Lukas

For the past 15 years I've seen many, many people flip houses.  Seeing this from an outside perspective, and my own flip experience, I've been able t...

Ep. 085 - Common Flip Mistakes That Can Cost You

20 Apr 2022

Contributed by Lukas

Common isn't always a good thing.  Especially when it comes to mistakes that can either be avoided or quickly fixed.  Every single flip problem has ...

Ep. 084 - Break the 70% Rule

13 Apr 2022

Contributed by Lukas

When it comes to rules and real estate there are those that are tried and true and those that may work for some but not for all.  That's why this wee...

Ep. 083 - Successful Flips Start With These Tips

06 Apr 2022

Contributed by Lukas

A successful flip is within your reach! Your first (or next) successful house flip starts here, with these key steps. I learned and refined my process...

Ep. 082 - My FAQs for House Flipping (Part 2)

29 Mar 2022

Contributed by Lukas

This week it's all about part two of commonly asked house flipping FAQ's.  Part of successful flipping includes continous learning and refining the p...

Ep. 081 - My FAQs for House Flipping (Part 1)

23 Mar 2022

Contributed by Lukas

House flipping FAQ's are a popular topic so this week I'm serving up a few of the top questions.  Make sure to reference back to this episode on your...

Ep. 080 - From Corporate Career to Real Estate Full-Time

16 Mar 2022

Contributed by Lukas

What started with an idea, the thought to flip just one house became a full-time career.  So how does someone with no experience build a business in ...

Ep. 079 - Tips to Design a Flip That Doesn't Look Like One

02 Mar 2022

Contributed by Lukas

Everyone is looking for "the house."  The one that checks all of the boxes, or most of them, and a place they see themselves for years to come.  Par...

Ep. 078 - 10 Risk Factors With Flipping and How to Avoid Them

23 Feb 2022

Contributed by Lukas

When it comes to investing in real estate there may be unknowns but that doesn't mean we can't be prepared.  Anytime there is an opportunity to sides...

Ep. 077 - What Makes a Distressed Property

16 Feb 2022

Contributed by Lukas

When it comes to flip properties not all of them need to be distressed.  In fact, some of the best projects are the ones that aren't in the worst con...

Ep. 076 - The 3 Things I Would Do Now if I Was Interested in Flipping

09 Feb 2022

Contributed by Lukas

There's a saying that goes the best time to plant a tree was 10 years ago.  The second best time is now.  An example that can also apply when it com...

Ep. 075 - What Work Should You Do on a Flip Yourself?

02 Feb 2022

Contributed by Lukas

Taking on certain parts of a flip project may seem appealing but it may actually not save you as much as you may think.  In this weeks episode I'm sh...

Ep. 074 - Are You Ready to Flip in 2022?

26 Jan 2022

Contributed by Lukas

One of the questions that keeps people from starting is the idea that there's a checklist of "musts" that need to be met before starting.  Here's a q...

Ep. 073 - Traits of an Investor Friendly Realtor

19 Jan 2022

Contributed by Lukas

Though there's a few steps to finding a house to flip and it begins with a realtor.  But what traits are most important?  While there's a few charac...

Ep. 072 - Which is More Important... Purchase Price or Sale Price?

12 Jan 2022

Contributed by Lukas

When it comes to numbers how do you know which is more important?  In this episode we take a look at the starting number (purchase price) and the sal...

Ep. 071 - 3 Key Steps to Scaling a Flipping Business

05 Jan 2022

Contributed by Lukas

It's one thing to start a house flipping business but its another to grow a flipping business.  What got you to the first benchmark may not elevate y...

Ep. 070 - Some of My Secrets to Flipping Success

29 Dec 2021

Contributed by Lukas

Flipping isn't really complicated.  But the thoughts we have about it can certainly make it feel that way.  When it comes to success with flipping w...

Ep. 069 - 6 Steps to Start a Flipping Business

22 Dec 2021

Contributed by Lukas

If you're looking to get a flipping business set up this episode will help you check the most important tasks off the list.  Most, if not all, of the...

Ep. 068 - Why Zillow Stopped Buying Houses

15 Dec 2021

Contributed by Lukas

When Zillow announced that it was going to stop buying houses many people were surprised.  But don't use their example to deter you from flipping or ...

Ep. 067 - How to Avoid a Money Pit

06 Dec 2021

Contributed by Lukas

Sometimes, you'll find a deal on a fixer-upper property. It feels like you've hit the jackpot, and you're already envisioning the transformation you'r...

Ep. 066 - Best Time to Buy Flip Projects

02 Dec 2021

Contributed by Lukas

For anyone considering purchasing a flip project this episode is is must.  What you may think about timing might be off just a bit.  Learn when I lo...

Ep. 065 - Why House Flipping Isn't Just About Selling

19 Nov 2021

Contributed by Lukas

Wait, what????  This weeks episode may make you do a double take.  While selling the completed home is obviously the goal HOW you get there is more ...

Ep. 064 - Staging to Attract Buyers

27 Oct 2021

Contributed by Lukas

Staging is something I do for every house in every type of market.  I don't want to leave anything to chance. That being said, with every project, I ...

Ep. 063 - My Live In Flip Story

14 Oct 2021

Contributed by Lukas

When it comes to house flipping there are so many different approaches to take.  For some people the idea of buying a house with the sole intention t...

Ep. 062 - My Process for Finding Deals

05 Oct 2021

Contributed by Lukas

A question many people have when it comes to finding houses is where they should look.   It's common in many markets for people to not look in one o...

Ep. 061 - Which Real Estate Investing Strategy is Best?

30 Sep 2021

Contributed by Lukas

With different options for real estate how do you know which option is best for you?  It all depends on your specific priorities, time and experience...

Ep. 060 - Regular vs. High End Flips

15 Sep 2021

Contributed by Lukas

Are you familiar with the saying don't measure your starting point with someone else's present?  That truly applies to house flipping.  When you loo...

Ep. 059 - Keep From Over Renovating Your Flip

08 Sep 2021

Contributed by Lukas

When you're planning for renovations its common to get caught up.  A little extra on this and an unexpected increase here.  The next thing you know ...

Ep. 058 - No Inventory No Problem

04 Aug 2021

Contributed by Lukas

The idea that there are certain times when it is easier to find houses is a bit of a myth.  The reality is that there are opportunities to find profi...

Ep. 057 - Funding Options for Flips in 2021

28 Jul 2021

Contributed by Lukas

Thinking that you can only use cash to buy a flip is one of the most common misconceptions.  Even in 2021 there are more resources than ever before. ...

Ep. 056 - Tips to Finding a Profitable Flip

21 Jul 2021

Contributed by Lukas

Which criteria do you prioritize when looking for a flip?  There's so many directions you can give up before you ever get start.  That's why having ...

Ep. 055 - The Most Common Question I've Been Asked in 2021

15 Jul 2021

Contributed by Lukas

There is one question that recently has become the most asked.  Whether people are looking to buy a home for themselves or looking to invest in real ...

Ep. 054 - 12 Common Flip Mistakes (Part 2)

28 Jun 2021

Contributed by Lukas

Its part 2 of our common mistakes episode.  See which steps round out the list.  When it comes to flips you want to make sure the decisions made are...

Ep. 053 - 12 Common Flip Mistakes (Part 1)

28 Jun 2021

Contributed by Lukas

When it comes to lists of things that can trip up a flip there's plenty.  However there's typically a top few list where the most consistent offender...

Ep. 052 - 6 Keys to Profitable House Flips

18 Jun 2021

Contributed by Lukas

When it comes to flips you want to make sure the decisions made are the ones that result in the best possible outcome.  With the potential to develop...

Ep. 051 - Staging Homes to Sell in 2021

09 Jun 2021

Contributed by Lukas

With the real estate market changing over the past 12 months you may think that staging is no longer important.  But the reality is  homes that are ...

Ep. 50 - Outdated Flipping Myths

19 May 2021

Contributed by Lukas

Do you remember what the real estate market was like 10 years ago?  More sellers than buyers and bank owned properties were a typical part of the lan...

Ep. 049 - 7 Tips to Finding a Flip

12 May 2021

Contributed by Lukas

Knowing what to look for is key with any home purchase but when you're buying to renovate and sell it's everything.  That's why taking these tips int...

Ep. 048 - Q+A When to Leave a Job and Flip FT, Radiators or Forced Air and Renovation vs. Restoration

05 May 2021

Contributed by Lukas

This weeks episode is covering 3 more of the questions that were submitted by followers on Instagram during the "Want to Know Wednesday" sessions. If ...

Ep. 047 - Who May Be a Good Candidate for House Flipping?

21 Apr 2021

Contributed by Lukas

While flipping is not for everyone, there are some people who may have a slight advantage if the inkling for a flip ever came their way.  Often peopl...

Ep. 046 - Designing an Ideal Flip

14 Apr 2021

Contributed by Lukas

It used to be that house flipping and design weren't typically two ideas that played well together.  How times have changed.  In addition to renovat...

Ep. 045 - Hiring a Designer, the Perfect Flip and Buying in a RE Bubble

06 Apr 2021

Contributed by Lukas

This weeks we're tackling 3 questions in a single podcast.  When it comes to house flipping, renovating and buying real estate right now there's more...

Ep. 044 - Where the Majority of Your Renovation is Spent

31 Mar 2021

Contributed by Lukas

One of the realities of renovation and flipping that I was unprepared for had to do with budgets.  The things that you look at every day like tile, l...

Ep. 043 - Top 5 Ways to Avoid a Renovation Gone Wrong

15 Mar 2021

Contributed by Lukas

Managing a renovation can be a large part of the overall success of flip project.  While you don't need renovation or construction knowledge to overs...

Ep. 042 - The Value of Flip Principles in Other Areas of Real Estate

11 Mar 2021

Contributed by Lukas

Getting started back in 2007 was all about testing myself to see if I could actually flip a house.  Fast forward to 2013 and I was looking for a way ...

Ep. 041 - How to Add the Most Value to a Flip

03 Mar 2021

Contributed by Lukas

The renovations you plan for a flip are unique.  It's a special balance to work with completing as many items as possible (without going overboard) a...

Ep. 040 - Lessons Learned Building a House Flipping Business

24 Feb 2021

Contributed by Lukas

Improving and lessons go hand-in-hand.  Although there are plenty of situations that may not be ideal there is one consistent theme:  you gain insig...

Ep. 039 - Beliefs to Avoid for Flipping Success

17 Feb 2021

Contributed by Lukas

At any point of taking on something new you're likely to have some thoughts creep in.  Doubt, uncertainty and inexperience.  All likely with anythin...