Jerry Norton's 5 Rules for Successful Fix and Flips in Real Estate
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In the exhilarating world of real estate, Jerry Norton, the undisputed guru of Fix and Flips, reveals five commandments for triumphant property transformations. He cautions rookies to brace for the unexpected in rule one, where he preaches the gospel of anticipating curveballs in deals. Moving on to rule two, Jerry champions the unwavering adherence to the sacred 70% formula, a beacon of safety and prosperity in the tumultuous sea of real estate ventures.
Rule three, the crown jewel of Norton's wisdom, decrees that only properties with an ARV of $500,000 or more are worthy of the flipping crusade. By setting this lofty benchmark, Jerry ensures his disciples navigate the treacherous waters of real estate with a sturdy vessel of high margins. The fourth commandment, a testament to prudence, advises disciples to steer clear of grandiose overhauls and stick to the sanctity of cosmetic rehabs.
And finally, in a surprising twist, rule five challenges conventional wisdom by urging aspiring flippers to first cut their teeth in the world of wholesaling. Jerry's battle cry for wholesaling before flipping echoes through the hallowed halls of real estate wisdom, setting ablaze a path for newcomers to forge their destiny. Through his FastTrack mentorship program, Jerry Norton stands as a beacon of hope, guiding fledgling investors on a hero's journey from humble beginnings to the dizzying heights of a seven-figure empire.
Image copyright Youtube
Image copyright Youtube
Image copyright Youtube
Image copyright Youtube
Watch Watch This BEFORE You Do Your First Fix & Flip on Youtube
Viewer Reactions for Watch This BEFORE You Do Your First Fix & Flip
Jerry's information and advice is appreciated and trustworthy
New investors underestimate how off-budget things can go
Deals can swing by $40k+ on hidden rehab issues
The 70% rule has saved many investors multiple times
Some flippers may try to save money by hiring cheap contractors
A comment about Jerry's hat being loved
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