The Flip Secrets Review (UPDATED!!): Is Jake Leicht Legit?
In The Flip Secrets review we unpack this real estate course. by Jake Leicht to see if you really can make money flipping houses.
REAL ESTATE
Course Name: The Flip Secrets
Instructor: Jake Leicht
Price: $10,000 — $15,000
Overview
The Flip Secrets is an online course created by Jake Leicht, designed to teach individuals how to successfully flip houses. The program promises to provide comprehensive training on various aspects of house flipping, including finding deals, financing, renovation, and selling properties for profit.
Content and Structure
The Flip Secrets course offers a detailed curriculum that covers essential aspects of house flipping, including:
Deal Finding: Techniques for sourcing profitable house flipping deals through various channels.
Financing Options: Guidance on securing financing for house flipping projects, including traditional loans, private money, and hard money lenders.
Property Analysis: Methods for analyzing properties to determine their investment potential and calculate potential returns.
Renovation and Rehab: Tips for planning and managing renovations to maximize property value and stay within budget.
Sales Strategies: Techniques for selling flipped properties quickly and at a profit.
Risk Management: Best practices for managing risks associated with house flipping, including market fluctuations and unexpected expenses.
Scaling the Business: Advice on growing a house flipping business and managing multiple projects simultaneously.
The course includes video lessons, live coaching sessions, and access to a private community for support and networking.
Instructor
Jake Leicht is an experienced real estate investor with a successful track record in house flipping. He brings his practical knowledge and insights to the course, aiming to help students navigate the complexities of the house flipping market and achieve success.
Price
The course is priced between $10,000 and $15,000, which includes access to all training materials, live sessions, and community support. This significant investment aims to provide a comprehensive education and support system for building a profitable house flipping business.
Pros
Comprehensive Curriculum: Covers all critical aspects of house flipping, from deal finding to selling.
Experienced Instructor: Jake Leicht offers practical insights and strategies based on his successful house flipping experience.
Supportive Community: Access to a network of peers and mentors for ongoing support and collaboration.
Actionable Strategies: Emphasis on practical, real-world applications and strategies for house flipping success.
Cons
High Initial Cost: The upfront cost of $10,000 to $15,000 is a substantial investment, potentially out of reach for some individuals.
Competitive Market: The house flipping market is highly competitive, making it challenging to find and secure profitable deals.
Complexity: House flipping involves multiple complex steps, including financing, renovation, and selling, which require significant time and effort.
Risky Business: Flipping houses carries inherent risks, including market fluctuations, unexpected renovation costs, and potential delays.
Steep Learning Curve: Requires a significant investment of time and effort to master the techniques and achieve consistent results.
What’s My Solution?
I think The Flip Secrets teaches a decent business model in theory. However, “theories” often don’t pan out.
For example with the business model of flipping you’ll find yourself struggling with... creative financing, short term windows, and small margins.
Creative Financing
Short Term
Small Margins
Yeah, those are just a few of the things that gurus like Jake Leicht don’t really tell you about the business.
Which I totally understand, if you knew those things... you’d probably reconsider buying from them right?
Unfortunately, they know that too... which is why they don’t say anything.
See, they’re mainly just concerned with you handing over your money (I’m talking gurus at large here) and wishing you luck.
When their system doesn’t work... it’s not their fault... or their systems... it’s your fault.
It’s something you did.
That’s the reason you’re not making full time passive income...
Ugh.
I hate that they deal with people that way. Too much psychological manipulation and once you see it... you can’t unsee it. It makes you sick.
At least it makes me sick...
See I’ve tried a lot of things throughout the years myself. But I’ve also had family members try real estate from their favorite guru, they’ve tried Amazon FBA, drop shipping, running an agency, even credit card programs.
It has never ended well.
You see, I learned that it is almost impossible to do any one of these “side hustles” full time unless you have a lot of money or have come from a rich family.
Gurus will tell you otherwise, but we all know why that is...
So in my online journey I was going to make sure that whatever it was I did was 1: viable and 2: only takes an hour or two after work to work on.
I didn’t want to get stuck in the constant hustle and burn my life away trying to chase after the guru version of the hamster wheel.
Screw that!
I want to be able to work hard, have a job (which isn’t as bad as gurus say), and have some side income.
I’m not greedy.
I’m not looking to get super rich.
Just something honest and simple.
I found that to be something called Local Lead Generation.
No ads, No crazy tech skills, and no real sales skills either.
All you do is build a little website like this:
Rank it to the top of Google like this:
And call up a guy/gal in town who can do the work.
After they’ve made some money, you just ask for a finders fee (super common in the contracting space) and boom... you’ve created a nice dependable side income.
Have I known people who do this full time with hundreds of these sites?
Sure... but they’re pretty stressed out!
People with 5-10 of these though?
Super relaxed from what I’ve experienced myself and seen from others.
And we’re after the least amount of stress possible right?
That’s what I’m thinking...
Full time secure job, 401k or IRA retirement account, and side hustle income leads to a pretty cushy life.
Gurus won’t tell you that because they want to pull on your greed strings.
I’m sick of the industry though, and just want to be straight with you.
There will be some hard work involved. Not everything will be peachy from the onset. But it will be worth while.
So, if you’d like to learn more about how this works, click the Private Invite button below...