The DealMachine Real Estate Investing Podcast

605: I've Flipped Houses in LA for 30 Years. This Still Works

Episode Summary

Arlett Hamilton shares what still works after 30 years of flipping houses, from finding off-market sellers to keeping renovation delays from eating profits.

Episode Notes

Flipping houses for 30 years has taught Los Angeles investor Arlett Hamilton that knowing your neighborhood matters as much as knowing your renovation budget. In this episode, she explains how she uses property records and consistent outreach to connect with homeowners before their houses hit the market. She also shares the costly lessons behind her approach to managing crews and deciding when taking a loss makes more sense than waiting.

 

KEY TALKING POINTS:

0:00 - 30 Years in Real Estate

1:34 - Building the Senior Farm List

2:46 - Mailing and Marketing Strategy

3:45 - Real Estate Family Roots

4:47 - Why She Loves Flipping Homes

5:43 - Flipping Fast in LA

7:38 - Reading the LA Market

9:38 - Budgeting Rehab Costs

11:44 - How Senior Leads Convert

12:57 - The Rise of ADUs

14:42 - Lessons From Losing Money

18:19 - Vetting Contractors and Crews

20:36 - Paying Contractors Carefully

22:26 - Looking Ahead to 2027

23:46 - Flip vs Hold and Loan Work

25:12 - Social Media Presence

26:05 - Using DealMachine's Tools

26:58 - Wrap Up

27:04 - Outro

 

LINKS:

Facebook: Arlett Hamilton

https://www.facebook.com/arlett.castanonhill
 

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/