House Flipping 101: Beginner (Step by Step Guide)

Ryan Pineda has made millions flipping houses, and now he's showing you how you can do the same!
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Welcome to Ryan's house flipping masterclass! Today, Ryan goes in-depth on how you pick your market, build your team, evaluate deals, and how to find those deals. Ryan moves on to how you can buy the homes, rehab the house, list the hose for sale, and then take profits! Get out some paper for notes and listen closely to what he has to say!

[@prisontrader780]

In prison right now watching your videos and learning this business because I'm doing this when I get out. Thanks for the wealth of knowledge.

[@I_Am_Andre]

When do you get out?

[@I_Am_Andre]

And I’m glad to hear your Changing your life, god bless you and I pray you succeed. Just curious do you watch Wes Watson?

[@user-fq6sz7pu7u]

Literally the reason I got into this. The professional world isn’t kind to felons. Keep your head up and at the end of the day you’re the only one you can count on.

[@prisontrader780]

@@I_Am_Andre hopefully really soon but no later than next year but it could be this month

[@prisontrader780]

@@user-fq6sz7pu7u thank you

[@BeDoHave2012]

Flipping 101 0:59 - Step 1 - Choose a Market 1:33 - Population 2:50 - Inventory 7:08 - Boots on the Ground Step 2 - - Private Loans 12:40 - Hard Money 25:00 - Step 3 - Evaluate Deals Step 4 - Finding Deals 35:55 - 41:24 - Wholesalers Step 5 - Buying the House Step 6 - Fixing the Property Step 7 - List the Home 1:00:41 - Step 8 - Sell the Home - repair requ8 - walkthrough 1:03:48 - Step 9 - Close & PROFIT 1:04:20 - Step 10 - Join Wealthy Investor

[@13divinestarcodes]

Thank you! Did our first flip; bought for 650, put 150 in it, got in trouble with the city by the contractor not getting permits we asked them to get, put us at over 100k in holding costs waiting for permits, plus another 50 k over budget in rehab. Selling soon, thankfully inventory is low and it’s a sellers market in this area. We will list at 1.6, our most similar comp just sold at 2.0. I think our location and the sellers market is saving us on the mistakes that were made with the permitting. Big lessons, mostly in the realm of contractors and the city. Learning so much and call me crazy but we’re gonna do it again, with hopefully less costly mistakes!

[@dannydiaz3955]

I’m 20 yrs old watching this absolutely soaking all of this up. Amazing stuff

[@johndeanconway7931]

Great content as usual, I loved this as I am about to invest in uk property with 70k deposit (plus fees and more savings for furnishing and decorating) to buy my own place, but I am also treating it as my fourth investment, having two spare rooms for lodgers to cover this property mortgage and tax costs... and to build my equity whilst working my day job for my next investment.

[@RyanPineda]

Best of luck!

[@jessicamegan5850]

Hello, I am in London and am considering investing in real estate as a way to get some passive income. A few years ago, my brother purchased a home in a county outside of London. Because he was unable to find tenants, the property was eventually repossessed. As a result of this experience, I'm concentrating on purchasing real estate in London, where it's quite challenging to obtain a mortgage because of the high cost of the properties. Would you kindly recommend an easy way, where one may try to sustain these cost on mortgage?

[@jadecarson5081]

First, Jessica you need to have a salary of at least 25k before you will be considered for a mortgage, that you need for properties. If you want to achieve a 75 percent yield yearly, try looking out for an investing advisory or else you will be competing against professionals themselves.

[@donnahensley2459]

Generating returns are usually phenomenal. What would have been really interesting would be a proper breakdown showing their costs , services, investors return..

[@jadecarson5081]

That's an intentional way to live Debbie, that's the only way to become debt free. I've already paid off two previous mortgages. Now I'm working on my third and I cannot wait since it has to happen before retirement in four years and I'm already getting there the proficient way, Luckily for me my trader and coach Frost Hilda has been using every opportunity to ensure I benefit from each turn the market takes. Good luck staying debt free as much as possible in the future.

[@herbertalmeida3116]

I’ve been flipping homes for other people for years and I still learned a ton about the business from this video. This was very helpful. Thank you

[@mellymel9892]

How do you flip homes for other people?? That’s a first 😂

[@autolocksmith38]

Finally someone who knows what they’re doing and tells you what you need to know. No BS. Thank you!

[@rivanbennevendo8653]

Ryan, I have really been enjoying your content. This video is exactly what I needed to watch as my initial introduction into house flipping. My wife and I are living in Houston and excited to start our real estate journey within the next six months. Honestly, the thing that sticks out to me the most about this video is the simplicity of the process. Your explanation is very concise and comprehensive.

[@RyanPineda]

Great to hear!

[@Isaac.Sinsun]

Breaking down the entire process from start to finish is super helpful! I really liked the breakdown of “mayo”! (MAO)

[@christianlandry807]

I can’t believe all this information is just on KZbin for free. So awesome!

[@RyanPineda]

Glad it was helpful!

[@jacobwilson9099]

Should i be trying to purchase in a buyers market and wait to sell in seller or neutral market when starting out

[@donnahampton3632]

Don't wait to sell, if you have someone to pay.

[@sewkingwet]

Used to wholesale back in 2008-10 in Indianapolis, deals were so cheap. Learned a lot. Need to get back into real estate. Would like to get a realtor license and flip foreclosures in central Wisconsin. Great video and content, explained well, straight forward

[@SunniSide1]

Awesome video. Definitely feels like a masterclass that you can take and run with to your first deal.

[@michaelsothan5675]

Really great content! Honestly impressed that you're sharing all of this for free. Thank you

[@jazlyns12]

I just found your channel today and am inspired to start my own flipping business. I have thought about flipping a house and renting it out with a friend many years ago, but it was nothing more than a dream and now they are on a different path in life. I never really knew how this can/will affect my life. I'm excited yet a bit fearful to start but I know a few realtors and contractors so I'm praying that things will work out with this. Many thanks for what you are doing. If I hadn't found your channel I would not be seriously considering doing this. Thank you again.

[@SomethingMobile]

The main thing that sticks out to me in this video is I’ve been thinking about how to make an income the wrong way. I have always loved buying and selling. I have always loved improving things. I have always loved helping people find what they want. I can do all of that doing this. Thank goodness there’s some thing like this that exists. It seems too good to be true, so I am apprehensive. But I’m going to pay attention and keep learning. But I think I need to implement what I have learned soon.

[@VeronicaGrimes_tc]

@SomethingMobile, How are you since your last post? If you ever need help with funding your transactions, feel free to reach out. I would love to help anyway that I can.

[@johnjohnson9135]

I would like to know taxes after everything is done and profits are in the bank, is it better to open company to do flips or just do it as a investor/flipper ?

[@donyj8671]

All of this resonated with me especially the section on how to evaluate the deal. Very helpful. Many thanks!!!

[@reginagonzalez47]

I think what held the most value for me was how to evaluate the market and consideration of appreciation to cash flow.

[@diamondmonae1]

This was the best free class classes every on flipping homes!! It taught me so much to get started but it also inspire me to dig deeper and learn more to start my business. What a great video with so much value!!! Thank you

[@pitman7913]

My favorite parts of this is explaining hard money lending and the part about rehab costs. I love the various percentages to use as variables. I think as a beginner I would definitely just do thirty percent until past learning curve.

[@alexibarra9319]

Ryan! My wife and I really enjoy your content. . This video is exactly what needed to watch. My wife and I are living in Honolulu and we are both excited for our journeys in real estate. the simplicity and enthusiasm you show in your videos are so helpful and easy to follow along.

[@reneserna9398]

After watching this video I feel more confident and on running my numbers when it comes to the MAO. It also helped me on how to estimate ARV. Thanks

[@VeronicaGrimes_tc]

@reneserna9398, How are you? If you need help with any about funding your transactions, I can be a resource for you. Feel free to reach out!

[@Normet2]

This was one of the best straight forward guides I have seen. Not completely high level, but tons of direction for you to start today!

[@kristendickerson4490]

Thank you for breaking it down to simplify the process. It can be overwhelming.

[@AmityChrisCollins]

Very helpful guide specially for those that are starting in this industry.

[@vanessawilliamson7795]

Hi Ryan! What sticks out to me is the formula. It’s extremely helpful in building confidence when trying to find deals, and can be used in multiple scenarios. 👏🏽

[@13divinestarcodes]

Yes huge lessons in overpaying the contractor to early!!!

[@afterjunkllc1320]

You sure made going through the numbers to find a fip easy. I am glad I found this video.

[@baovu836]

Wow! Thanks for the free class. Very informative with the formulas and breakdown of each steps. Thank you

[@andys2347]

So much value!! This video answered so many questions that I have had since I started learning about investing in real-estate. Figuring out the interest payment is easier than I though. I had no idea the steps you go through for a flip. Thank you so much!

[@nikitasupryagin3163]

Hi Ryan, love these kinds of videos! I particularly like when you give out the diffrent formulas (ex: ative/last 30 days = months)

[@avenger5339]

does this work in the uk

[@VeronicaGrimes_tc]

@nikitasupryagin3163, How are you? If you need help with any about funding your transactions, I can be a resource for you. Feel free to reach out!

[@tylercodd]

This video was super helpful! I'm a Realtor in Vegas looking to get into the flipping market. The biggest thing that stuck out to me was the formula and how important it is to find the right deal!

[@chasinggamer612]

Hey Ryan, Ive saw your video and i am interested in doing this as a job than doing cleaning for a living the video was very informative and got me looking into this as a career choice. I dont know anything about real estate or anything in that aspect. The only thing i have issues on doing this is most of my money is tied up in bills and my mom is fighting to keep us in a house where the taxes are so high, but im keeping my spirits high and hoping to find a way to get a way of doing something i would love to do.

[@chrislyon7488]

Great video. Very informative. Shouldn't step ten be pay the tax man? I feel tax is an important cost that wasn't covered. How do you factor tax in?

[@rayalvandi6019]

This was a very informative and comprehensive video. The parts that stuck with me are the importance of finding deals, and staying on top of the contractor and monitoring the timeline.

[@Flip_0ndemand]

Hey Ryan I really appreciate this I've been wanting to get into real estate investing for a long time now however it was a lot of fluff the content you provided was very clear and informative

[@chandreye24]

I had been seriously looking for something which really teaches you. N this is it. I am grateful that u made this video. It is good to get started .

[@alexislazalde4993]

I've been watching you for a while and I've been learning a lot. I'm a beginner and am eager to learn everything i possibly can.

[@andrewwilmot9819]

Great presentation. You’re honest and not withholding any secrets. Thanks for sharing. I’m a beginner with good capital but have zero experience. Need help.

[@desireemcquiddy4568]

Where does the short term capital gains tax go into the equation? Do you need to calculate that to get your MAO? 27:35

[@thomasgoller7621]

What are your thoughts on flipping modular homes or mobile homes? I've always heard they don't hold their value like stick built homes and I know that the electrical, HVAC and plumbing systems can be different as well. I live in South Central Indiana and we have a lot of mobile homes in the area. My wife and I are thinking of getting into flipping. I'm a former carpenter and my wife is in banking in home mortgages.

[@jamesa.thornton9751]

Transfer tax issues with assignment of contract for example, Philadelphia.

[@lizethgonzalez9131]

Love the step by step training!! 👏🏼

[@steelwarrior8626]

thanks Ryan for the Free training! praise Jesus Christ our Lord and Savior

[@mandeepsahota6550]

What a great video Ryan, so many nugguts here. It really is a step by step guide. Im starting my first flip next week. Im nervous as heck but your breakdown is amazing 😊and I feel a heck of a lot more confident now.

[@mylifeinoroville-wu2ch]

Love the formula for buying! Also, thanks for sending me your step by step how you flip houses and keep every flip the same quality!

[@RyanPineda]

Happy to help!

[@noorayoubi8995]

Thank you for this video. I flipped an apartment a couple years back and have thought about getting into flipping houses. Your video was very informing; I took so many notes and can not wait to look into your wealthyinvestor site.

[@brandonmcdonald6121]

Those screens can probably have the hz adjusted so they don’t flicker with the camera, or vice versa. It’s not the worst but it’s not pleasing!

[@livingintampaflorida1-2-3]

Thanks Ryan. Ypu don't have idea the positive impact your videos have in my life

[@daniel.vega.composer]

Your videos are so helpful! No one really goes into as much detail as you! Thank you! 🙏

[@user-kn5ne2um4b]

New Here. Evaluating the deal is what I’ve been looking for. Thanks for getting me started.

[@zoey191919191]

Can you explain money costs in your equation further? I didn’t quite get what that is

[@rillley7050]

Is there a good way to find out rehab costs without having a contractor first?

[@vmarie4013]

Thank you so much for taking the time to make this video for those of us who are starting out! Lots of valuable information!

[@kwsindlucio2274]

Thank you for posting this video. I’m just starting out and it answered a lot of my questions.

[@victorryanablaza9815]

Hi Ryan. I'll be honest, I thought your content was going to be more of a pitch to other business offering but this master class was great. I've been studying the real estate space (flips and rentals) and after listening to your master class, I have a good understanding of all the concepts you provided. But it seems like I'm stuck in this "analysis paralysis" and it's hindering me from pursuing my first flip. Is this uncommon? How would you coach me out of this?

[@Martinez07]

I’m at a crossroads in life, 22 trying to find the road towards financial freedom, thank you for providing the basic fundamentals of real estate flipping and planting that seed for hunger of knowledge, my question would be do you factor in repair requests when finding out the MAO, If so is it on a case by case basis or as a percentile say 1% of the ARV, or is it something that’s generally insignificant like in your example 1k loss out of 39k profit.

[@nathanharbison8960]

What if I’m just starting out can I do the work of the renovation? Or do I have to have a contractor , even though I’m more than capable of doing the Reno.

[@babygirl331979]

I got a ton of value from this video. I really appreciate the MLS search tips you shared.

[@jacobryan4210]

thank you so much Ryan god bless you snd your family!! Looking to flip my first house soon, I learned so much i will have to check out the wealthy investor! Very inspiring what youre doing!

[@dishawngordon1921]

Thanks for sharing. This was very informative. I am actually working on my first flip. Currently have 2 properties under contract. Thinking of wholesaling one and doing then flipping the other one. Potential Profit on flip is looking around $80k-$100k. I'll come back and post once everything is completed. Enjoyed the content.

[@mikecamarillo7549]

If you are ever in need of a lender or help with emd money on wholesaling hit me up! I love to help people get deals done!

[@RoyallKing629]

For the last 3 years I’ve been building my capital up soon gona be ready to dive in !

[@masongarcia5524]

Great info. Starting watching all your videos from start to current the past few days, taking it all in.

[@isaiahrussell4739]

I watched hundreds of hours of KZbin videos to find videos like this. This makes sense. It’s broken down very clear. Everyone is preaching the BRRRR method but nobody breaks down the steps like this. Thank you for the content.

[@variosmith9073]

This was valuable knowledge. Thank you, I have the private lender now I need to find and secure my first deal

[@nathanpoole8601]

This was a helpful and inspiring video. I appreciated the step by step breakdown and the way you provided context and examples. The segment on evaluating the deal resonated the most. Keep doing good!

[@barbaragarcilazo3867]

great video 🎉Learned a lot from this video..i’m about to start my first fixer upper property next month

[@ronniewilhite7798]

Thank you for this information! How do you run taxes in your calculations? That's the only thing I saw was missing. This could be a significant hit to profit if the numbers are too tight.

[@jacquelineascencio5493]

Does the contractors have to be licensed? My dad and brother have been doing remodeling and construction work their whole life. Could I use them? Even though they aren’t licensed.

[@AirHitman23]

I am currently looking for my first deal in Nashville and Huntsville AL markets. Have looked at a few properties and some require major renovations. Would you suggest getting into a property that might require more work or start with something easier.

[@andyviray5254]

Thank you Ryan. Love the video. Learned a lot from you. Keep making videos like this.

[@user-zm2tm3ve2i]

Very informative video - Took a lot of information and laid it out nicely.

[@robertoaranibar8829]

Not sure if I missed it, but did you mention having a good inspector on the team and getting a good inspection during due diligence? How critical is this? Thanks for the great video though. Very helpful as I prepare for my first flip.

[@user-jg2fe1yb2v]

I bought my 1st rehab. Deed in my name. I am seasoning it so I can eventually cash refi. When is the best time to deed it under my llc?

[@GillGraff]

Hard money loans are paid monthly? And if so, are you only required to pay the interest per month and then a balloon payment at the end of the term?

[@tkessler6876]

@RyanPineda how do you find out info about how many houses are active and how many have sold in the past month for a given area? I'm stuck on that step. Lol. Thank you!

[@firehearthawaii5980]

Wow Ryan I’m new to your channel and I learned so much! Mahalo Nui Loa! Would love to come to your Wealth Con some day 😊 I grew up here in Honolulu, Hawaii and we have a good market.

[@eberdilskincare]

I'm so grateful to have ran into this video, love learning about private loans.

[@VeronicaGrimes_tc]

@eberdilskincare How are you since your last post? If you ever need help with funding your transactions, feel free to reach out. I would love to help anyway that I can.

[@lisashawna17]

Are you available to mentor for beginners or teach classes?

[@eroc2010]

Appreciate you bro this was so much good information. They not doing it like you on the tube.

[@markmeli1960]

Love this video. I'm just getting started and this is the most informative video I've found so far. Thank you!

[@RyanPineda]

Glad it was helpful!

[@andresricardoherrerakhenay5889]

thanks Ryan, Im in Houston Tx, looking for deals and a way to start my business, your video is very useful

[@user-jl2or5zq6s]

How do you evaluate taxes in the formula? Only thing I think I still have questions on

[@speedboatcig946]

Alot of great info here, for free! Great stuff. Thank you

[@TheKosloskeShow]

Loved the part about working with a contractor!

[@yotemigoat2647]

I'd like to start flipping but what if I have zero money and live in a difficult market? Can you guys help with virtual deals?

[@Kiran0615]

Ryan, thanks for this detailed valuable guide. Great this applies to any country's market. Greetings from Europe! Keep it up!

[@avenger5339]

does this work in the uk

[@joepurcell2914]

great video tutorial!

[@nickyweav5820]

Huge videos going to a local similar and starting in the next month .

[@ThatDudeCortez]

Dude you got so many links on your description, I don’t know which to click. so I’m trying to start flipping houses but I’m very new to all this, where do I even start, and I would love for you to help out.

[@RyanPineda]

Learn how to flip, wholesale, buy rental properties, and more with my coaching program! Check it out and book a call here - wealthyinvestor.com

[@josiahuniverse1738]

Awesome video… I’m a intermediate investor but found this very helpful.

[@DemonVision0nX]

I’m new to this I would like more information about how to find the deal from the square feet

[@user-se3db2gk5j]

All of this information is exactly what I’ve needed right now!! Looking to purchase my 2nd flip and this really breaks it down for me to make sure I’m actually getting a good deal!! Thank you and I look forward for more videos! 😊

[@RyanPineda]

Great to hear!

[@dydynelldejersey]

Are you a real estate agent ?

[@jonmalone75]

Great info! I am fixing to try my first flip, and this was very valuable info!

[@RyanPineda]

Awesome, glad it was helpful!

[@pepperjackshack2439]

Yes I agree, m’kay!

[@beccajoy1985]

This is the most helpful free videos I have found on flipping and investing. I have wanted to know more of the details like the nitty gritty stuff and this makes so much sense. Funny story...I actually unintentionally flipped a home once (was supposed to be one of those cheap out of state long term rentals in the south) using a conventional loan. Thankfully, I walked away making a profit by God's grace and the crazy market during COVID...totally saved me. I got a taste for it and want to try my hand at it again but this time with eyes wide open! LOL. I live in southern California so not far from Ryan's main market in Vegas. I'd love to go to Wealth Con. In fact, I may have found a deal near me already that I need help to evaluate. *wink *wink

[@angelicarios8582]

Really enjoyed this video. Amazing explanation and I am very interested in checking out your courses. I am a first time buyer and can't wait to start flipping . Thank you so much

[@VeronicaGrimes_tc]

Hey @angelicarios8582, How are you since your last post? If you ever need help with funding your transactions, I can be a resource for you.

[@andreabutler8026]

Thank you!! I just subscribed & LOVE YOUR ENERGY/CONTENT!!!

[@RyanPineda]

Let's gooo!

[@Hasana_Life]

Great Content. Im getting my real estate license in couple of weeks and looking to make some offers