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878: The Low-Risk “Micro-Flips” ANY Beginner Investor Should Try w/Antoine Martel

878: The Low-Risk “Micro-Flips” ANY Beginner Investor Should Try w/Antoine Martel

FromBiggerPockets Real Estate Podcast


878: The Low-Risk “Micro-Flips” ANY Beginner Investor Should Try w/Antoine Martel

FromBiggerPockets Real Estate Podcast

ratings:
Length:
40 minutes
Released:
Jan 24, 2024
Format:
Podcast episode

Description

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
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Released:
Jan 24, 2024
Format:
Podcast episode

Titles in the series (100)

Imagine you are friends with hundreds of real estate investors and entrepreneurs. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. That’s what The BiggerPockets Podcast delivers. Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals every week. The show won’t tell you how to “get rich quick” or sell you a course, boot camp, or guru system; instead, the BiggerPockets Podcast will give you real strategies that work for real people. Start listening and join the over one million members who are learning to invest so they need Bigger Pockets! Visit biggerpockets.com, and follow Joshua Dorkin @jrdorkin, Brandon Turner @BrandonAtBP and David Greene @DavidGreene24.