Jake Leicht has a Flip Secrets Success Coaching Program he wants to tell you about. His students have flipped thousands of houses using 100% OPM (other people’s money). And that includes everything. The purchase price, the renovation cost, closing cost, holding cost, you name it.
So they’re not spending a dime of their own money.
Jake believes flipping is the best way to get started in real estate. You’re forced to learn every aspect of the game.
You can explore other monetization strategies once you’ve mastered the fix and flip. Wholesale, wholetail, Holiday Inn, say WHAT? There’s long-term rentals, commercial deals – everything opens up once you get a few flips under your belt.
But most people talk themselves out of it.
They think you need big bucks, connections, contractors on standby, a ton of free time to be onsite all day every day, a license, a degree, permission from the Real Estate Gods, or whatever it is, right?
And while none of that would hurt, none of it’s necessary either.
Jake could hardly tell ya what drywall is. The only time he shows up to one of his projects is to film content for social media. In the early days he had no money and knew practically no one in the industry.
He figured it out and so can you.
Market conditions don’t matter, as long as you run your numbers correctly and follow the right formula.
Jake doesn’t think we’re in for a crash, but if that’s what happens, so what, everything goes on sale.
Now that he churned your objections into butter and spread it over your momma’s toast, let’s hear about this offer.
“With the Flip Secrets Success Coaching Program,” Jake says, “we teach people how to flip, how to wholesale, how to whole-tail, which is kind of a new term, and to buy rental properties specifically by leveraging other people’s money.”
“We teach both new and experienced investors how to find the best deals in any market, in any economy; there are deals everywhere that are ripe to make a profit off of,” he claims.
Jake adds, “We teach people how to buy and renovate those properties, again, using OPM. And that comes in the form of private lenders.”
“So no banks, no traditional mortgages. These are private individuals oftentimes having funds of up over $100 million dollars, where they’re actively looking for people (whether they’re new or experienced) that have very profitable properties locked up under contract so they can literally battle each other to give you their cash to flip houses.”
There’s training on how to do all of this remotely.
Jake’s in Tennessee. He’s got properties all over, from Cali to Florida and everywhere in between.
So yeah, even if you’re in a small town with no stoplights and only one gas station, surrounded by cornfields, relax, the entire United States is your canvas.
What else? Jake’ll help you put people and software and systems in place so the grunt work gets done without your involvement.
There’s coaching, Zoom calls, you can network with others in the group, the usual stuff. Documents, templates, scripts, contracts, the list goes on.
But are current members really getting results?
Jake’s got plenty of screenshots and stories that say yes, they are.
The only things I’m not feeling about his presentation are, one, he doesn’t mention what this program costs; two, I don’t know about flipping houses in today’s market (seems risky); and three, I think he’s overselling how much private money’s out there, just waiting for an inexperienced flipper like you to come take it.