Is Flipping Real Estate Passive? with Tyler Jensen
Tyler Jensen is an avid Real Estate Investor, House Flipper, a Dad and a Husband, and a Baseball Coach. He has been flipping houses for over 10 years. Tyler loves real estate and the satisfaction of taking an old dumpy house and making it into something incredible.
Tyler has built a great business and has one of the best flipping companies in the country - the Best House Flipping Company with HGTV. He loves coaching and helping other people in pursuing their real estate business passion and dreams.
[00:01 – 05:05] Opening Segment
- I talk briefly about great values that await you in this episode
- Guest Introduction and background
- House Flipping Business
[05:06 – 16:20] The Flipping Business in Real Estate
- Starting the house flipping business
- Finding the right people and working the system
- Creating passive income through merging flipping business to other businesses
- Multi-family business
- Save money and Invest
- Figuring out what you are good at when putting up a real estate business
- Deciding on doing a flipping business and other real estate business
[16:21 –23:57] Picking the Right People
- Hiring important people as worth as your time and money
- Narrowing down values on picking the right bookkeeper
- Identifying what people to hire for the business
[23:58 – 33:15] Closing Segment
- A quick break for our sponsors
- What is the best investment you've ever made other than your education?
- Joining mastermind group and investing in mentorship
- Tyler’s worst investment
- What is the most important lesson that you've learned in business and investing?
- It’s okay to fail. Take immediate action and truly believe in yourself that you can do it.
- Connect with our guests. See the links below.
Tweetable Quotes:
“Flipping is definitely a transactional business, we’re always looking for the next deal, we’re always looking for the next house to flip.” - Tyler Jensen
“There are so many ways in making money in real estate, that is to find out what you love, what you’re good at and just do it. You have to take action immediately and just jump into it and get some knowledge and experience, listen to some podcast.” - Tyler Jensen
“Turn decades into days.” - Tony Robbins
“No matter where you are in your career, you can always go up. So, get rid of those limiting beliefs and take action. It’s okay to fail, learn from those failures and just continue to grow and improve and one day you’ll wake up and be like ‘holy cow! I did it!” - Tyler Jensen
Resources:
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Connect with Tyler on Facebook, Twitter, and Instagram. Visit their website at https://www.utahhouseflip.com/.
