Information

We understand you have questions about getting started with fix and flip. At The Fix & Flip Academy, we're here to provide clarity and support. Explore the frequently asked questions below to gain valuable insights into the world of real estate investing.

Frequently asked questions

Here are some of the most common questions we receive from potential students at The Fix & Flip Academy. We believe in transparency and providing the information you need to make informed decisions about your future in real estate investing.

What are the most common questions potential students have about learning to fix and flip houses?

Frequently asked question

📘 Student FAQ – From Idea to First Flip

🏠 Getting Started

Q: Do I need a real estate license to flip houses?
No. Fix & flip investing does not require a real estate license. You’re buying and selling property as an investor, not representing clients.

Q: How much money do I really need to start?
It depends on your funding strategy. Many first-time investors start with little of their own money by using hard money, private lenders, or partnerships.

Q: Can I flip houses with bad credit?
Yes. Many lenders focus more on the deal itself than your personal credit, especially private and hard-money lenders.

➡️ Covered in: Chapter – Understanding the Fix & Flip Model
➡️ Toolkit: Beginner Funding Options Sheet

💰 Funding & Capital

Q: Where do beginners get money to fund a flip?
Common sources include:

  • Hard money lenders

  • Private investors

  • Joint venture partners

  • Self-directed retirement accounts

Q: What happens if the house doesn’t sell quickly?
That’s where holding costs come in. Smart investors plan for delays and build reserves into every deal.

➡️ Covered in: Chapter – Funding Your First Flip
➡️ Toolkit: Lender Pitch Sheet + Deal Analyzer

📊 Deal Analysis

Q: How do I know if a deal is profitable?
By calculating:

  • After Repair Value (ARV)

  • Purchase price

  • Rehab costs

  • Holding & closing costs

Q: What’s a good profit margin?
Most experienced flippers aim for $25,000–$50,000 per deal or a minimum 15–20% ROI, depending on market.

➡️ Covered in: Chapter – Analyzing Deals Like an Investor
➡️ Toolkit: ROI & Profit Calculator + Rehab Budget Worksheet

🔍 Finding Deals

Q: Where do good deals actually come from?

  • MLS (with the right strategy)

  • Wholesalers

  • Off-market leads

  • Driving for dollars

  • Auctions & distressed properties

Q: Are Zillow and online listings still worth it?
Yes—if you know how to analyze quickly and negotiate correctly.

➡️ Covered in: Chapter – Finding Deals Like a Pro
➡️ Toolkit: Deal Sourcing Checklist

🛠 Rehab & Contractors

Q: How do I find reliable contractors?
By:

  • Getting multiple bids

  • Checking references

  • Using written scopes of work

  • Paying in draws, not upfront

Q: What work should I never do myself?
Electrical, plumbing, structural, and anything requiring permits unless you’re licensed.

➡️ Covered in: Chapter – Managing the Rehab Process
➡️ Toolkit: Rehab Budget Calculator + Contractor Scope Template

🏷 Selling & Exit Strategy

Q: Should I sell myself or use an agent?
Most investors use an agent experienced in flips to maximize price and reduce days on market.

Q: What renovations add the most value?
Kitchens, bathrooms, flooring, paint, curb appeal—not over-improvements.

➡️ Covered in: Chapter – Selling for Top Dollar
➡️ Toolkit: Flip Deal Summary Sheet

📈 Scaling & Long-Term Growth

Q: When should I do my second flip?
After your first is stabilized or sold and you understand your numbers.

Q: How do investors scale into a real business?
By systemizing:

  • Funding

  • Deal flow

  • Contractors

  • Repeatable processes

➡️ Covered in: Chapter – Scaling Into a Real Business

🧠 Mindset & Confidence

Q: What if I’m scared of losing money?
That fear is normal. Education, proper analysis, and conservative numbers dramatically reduce risk.

Q: Can someone with no construction background really do this?
Absolutely. Fix & flip is a management and decision business, not a hammer-swinging job.

➡️ Covered throughout the book + Bonus Mindset Section

From Idea to first flip

Info comming soon.

What makes The Fix & Flip Academy's approach to teaching fix and flip different or better than other programs?

Our experience, our contacts, and affiliate relationships allow us to take you further than most programs you may encounter.

What are the biggest hesitations or fears people have about getting into fix and flip, and how does your academy address them?

We understand that starting in fix and flip can be daunting. Some common fears include losing money or not having enough construction experience. The Fix & Flip Academy addresses these by providing a thorough education, emphasizing proper analysis and conservative numbers to reduce risk. We focus on fix & flip as a management and decision business, ensuring you don't need a construction background to succeed.

Still have questions?

If you didn't find the answer you were looking for, don't hesitate to reach out. We're here to help you on your journey to becoming a successful fix and flip investor. Contact us today to learn more!