Podcast: How to Start Flipping Homes with Lee Kearney

In 2003, Lee Kearney flipped his first home by accident after buyer’s remorse got the best of him. He made $30,000, which was just under his annual salary at the time. Lee then decided to make flipping homes his full-time gig and has gone on to flip over 7,000 homes since. On today’s show, Lee discusses why now is a great time for agents to get into the flipping business and gives specifics on how to do exactly that. Listen and learn how to get started as a flipper, the ethics of making cash offers as an agent, and more!

Listen to today’s show and learn:

Lee’s brief bio [2:22]
Lee’s first flip [4:00]
What’s changed with flips in recent years [6:02]
Industry trends that could affect agents’ commissions [7:52]
Why listing agents work less today than 20 years ago [14:54]
Why now is a good time for agents to start flipping [21:50]
Profit Lee shoots for with wholesale deals [28:38]
The ethics of making cash offers as an agent [30:07]
Why iBuyers won’t put savvy flippers out of business [34:16]
The trade-in model applied to real estate [39:15]
How to break through your goals.
Plus so much more.

Lee Kearney

Lee Kearney, a licensed Real Estate Broker is the founder of Southeast Property Investment Network, known as SPIN. It was formed in 2014, after they expanded beyond their former company name, West Florida Wholesale Properties. Lee and his team of real estate investment experts have been in the industry for over a decade, creating the largest, privately owned, property buying firm across the entire state of Florida. SPIN is Real Estate at Full Throttle, meaning when you do business with Lee and his team, you can expect a highly efficient, focus and professional experience. Their proprietary processes engage the buyers, sellers, vendors, investors and lenders along the entire value chain, creating returns for everyone involved.

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