The DealMachine Real Estate Investing Podcast

337: How Rick Does 8 Flips At Once For $30k Profit Each

Episode Summary

Rick Howell shares how he flips eight houses at once and pulls $30k profit from each — all without swinging a hammer.

Episode Notes

Rick Howell went from working as an electrician to flipping eight homes at a time — pulling in $30,000 profit per deal. In this episode, he breaks down how he scaled up without burning out, how he decides whether to flip or wholesale, and the simple systems that keep the money moving.

 

KEY TALKING POINTS:

0:00 - Intro

0:40 - An Overview Of Rick Howell’s Business

2:21 - His First Rehab & Learning How To Renovate

6:51 - Getting His Real Estate License

9:51 - The Rental Side Of His Business & Property Management

14:23 - The Struggles Rick Has Seen In Self Managing Your Rentals

16:26 - The Rental Scam David Encountered

19:03 - How They Decide What Properties To Keep As Rentals

21:29 - His Average Deal Numbers And How He Approaches Rehab Costs

26:18 - How They Find Their Leads

28:22 - The Data From DealMachine

36:23 - A Marketing Pro Tip

37:14 - Closing Thoughts

38:07 - Outro

 

LINKS:

Instagram: Rick Howell

https://www.instagram.com/rickhowellrei/

 

Website: Rick Howell

https://solo.to/rickhowell

 

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/