Now, for me, you know, I have flipped hundreds and hundreds of homes, probably the first five years of doing this business.

All I did was flip, meaning I found the deal, just like a wholesaler would, but instead, I raised capital through private money and hard money, bought the house, found contractors, fixed it up, put it back on the market, sold it for a profit. And man, I mean,

I love flipping for a lot of different reasons. But over the years, I've actually been starting to

flip less and less. And I'll tell you why. So with flipping, it's very similar wholesale,

like I said, you just find the deal. And instead of selling it to the

flipper, you are the flipper. You basically sell it to yourself. So one of the benefits is that

you're going to usually make bigger spreads, right? Because if you were wholesaling a deal and maybe

you made 20K, you know, you were selling to the flipper. And theoretically, there was enough

spread for them to make a profit or else they wouldn't be buying it.

And so maybe that spread was 30K, 40K that the flipper was expecting to make.

Well, now of a sudden, instead of you making 20 on a wholesale, you're making 50 or 60 because you're flipping it yourself.

And so the profit is usually a lot higher when you actually flip homes. Now, what's the downside? The downside

is you now take on risk. And so for me, this is kind of why I have scaled back flipping to a

degree because for years, I was fine with the risk. And then eventually I got burned in 2022

when they doubled interest rates. Let me talk about this,

right? As I was building my flipping business, you know, I started flipping in 2015. I had been in

real estate since 2010 as a realtor, but I didn't get into the investing side until 2015. And in 2015,

I had $10,000 and I said, you know what? I mean, I can't really do anything else.

You know, and I read this book called How to Invest with Low and No Money Down by my now friend,

Brandon Turner. And he talked about how, well, you could get hard money loans. You can get private loans.

You could do credit cards and all the stuff. And I said, oh, well, I've always been good at finding deals. Let me just go max out my credit cards and then get a hard

money loan to cover most of the deal. That's exactly what I did. I got a hard money loan that covered like

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