How To Flip A House As A Beginner (without mistakes)

Have you ever thought about flipping a house but worried that you might make costly mistakes? Ever wondered how you could reduce your risk when flipping a house as a beginner investor? In this video I give you 3 ways to reduce risk and share how to avoid house flipping mistakes.
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[@sophiemitchell2545]

Save your money and do it yourself. If already in a home will just be a learning experience. Not that hard get builder round get surveys done save money rather than lining someone else's pockets

[@blastoffchannel]

I thought the minimum length of time living in the house must be 2 years to avoid the capital gains tax? Great Vid

[@LawnEnthusiast]

Hi Jack, great content and advice as usual. I do have a question though regarding property flipping.
Say i want to be a full time property flipper, I have the capital there (around 100k) and I am very hands-on in the fact that I can plaster, I can do a lot of the DIY, my dad is an electrician and can do plumbing, and my brother is a joiner. Between us, we can flip properties pretty quickly and to a high standard while keeping costs low (since we're doing the work ourselves). My question is, how do I go about acquiring 6+ properties per year? Due to the fact that it takes around 2 months from buying the house until you get the keys. I cant help but think that once i renovate property 1, it will be months before i can start property 2. How do i minimize the time in between where i would essentially have nothing to do?. In an ideal world, i would finish property 1, move straight on to property 2 and then 3 and so on. But if it takes months to get the keys, how can i efficiently do 6+ properties in a year?
Apologies if my question is unclear, but i hope you can see where im coming from.
Best wishes,
L

[@RA-uq5rg]

I'm in a similar position can I ask how old you are and what your occupation is?

[@LawnEnthusiast]

@@RA-uq5rg 26 years old and im a student

[@vandanne1139]

You need to buy your first home first and see how it goes instead of thinking that far ahead mate buy one then think about 2nd 3rd etc

[@LawnEnthusiast]

@@vandanne1139 i already own my home thanks very much

[@jordanhughes3137]

I’m interested in this also.
I feel potentially using your capital as well as bridging loans or something for multiple properties at intervals of perhaps 1-2 months so that when you get the keys you offset each start and end of renovations accordingly allowing you to effectively rotate renovations on one property out to renovations on another, as you begin to sell the first etc.
Hope that makes sense mate if you haven’t already considered it.

[@antl7979]

How do i invest?