878: The Low-Risk “Micro-Flips” ANY Beginner Investor Should Try w/Antoine Martel
BiggerPockets Real Estate Podcast - A podcast by BiggerPockets
Antoine Martel has a secret to finding the best real estate markets around, and here’s the thing—ANYONE can repeat his process. After flipping over SIX HUNDRED houses and building a BIG real estate portfolio, he knows a thing or two about where to buy, which markets make the most sense, and what type of house is worth the risk. That’s why, instead of doing multimillion-dollar luxury flips, Antoine decided to do “micro-flips” in affordable markets, with a staggering rate of success. What is "micro-flipping?" If you’re a beginner investor like Antoine, starting out with only $40,000, buying in the big cities won’t work. So, instead, Antoine found the real estate markets with low prices, high demand, and LOTS of deals so he could get his money back faster and keep repeating the system. These low-risk “micro-flips” all-in often cost less than a down payment, but they can give beginner investors the snowball effect they need to start building wealth. Shortly after seeing massive success with his “micro-flips,” Antoine ran out of deals and decided to move into more markets. From there, he developed a detailed system that ANYONE can copy to pinpoint America's BEST real estate investing markets. And if you stick around, you’ll learn how to do it, too! In This Episode We Cover How to find the best real estate markets in the country, just like Antoine The “micro-flipping” strategy that beginner investors can use to start building wealth WITHOUT a big investment How to use the BRRRR method to turn one property into an entire passive income portfolio How to “test” your long-distance real estate investing market and ensure it’ll be worth investing in The home renovation budget “sweet spot” that has ninety-six percent accuracy on ANY flip or BRRRR And So Much More! Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-878 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