Flipping houses is a great way to supplement your existing income or start a business that can replace your 9 to 5 job. But that doesn’t mean that you can jump into it with no knowledge whatsoever and expect to turn a profit. Being a successful real estate investor requires both training and the ability to learn on the go. But with the right mindset and access to resources , anyone can become a house flipper. Here is a look at some of the top house flipping courses on the market to help you get started on your journey as a real estate investor.
1. The Complete Real Estate Investing: Learn to Fix & Flip, Step-by-Step Bundle
This real estate course is available through several popular media outlets on investing, such as Market Watch and Entrepreneur. It includes 9 courses and 331 lessons in total, available at a reduced price of $39.99. The lessons cover topics like financing, planning the renovations, analyzing deals and so much more.
This flipping houses course is perfect for beginners who are looking for a comprehensive overview of the business of real estate investing. It offers tons of value for your money and on-demand video lessons that allow you to re-watch or skip certain topics depending on your needs and interests. But, this program is best for those looking for a general overview of the flipping process and may not be best suited for those who need in-depth real estate training.
2. House Real Estate Flipping Business Plan Template & Example
This Real Estate Flipping Course from Udemy will provide you with more concrete information to understand concepts like expenses, assets, and liabilities and create a flipping business plan. It’s one of the highest-rated real estate investing courses on the platform and it often goes on special for the low price of $13.99, offering tons of value for your money.
There is more to analyzing real estate deals than understanding the basic concepts related to the field and this program will give you the info you need to approach other real estate professionals and contractors with confidence. So, this course is designed to benefit those who have a solid understanding of the business but need a blueprint to ensure that the most important details are handled correctly.
3. A Beginner's Introduction to Real Estate Investing by Bigger Pockets
Please note – At this point in time, it’s fair to say that Bigger Pocket’s introduction to real estate investing is the best free house flipping course currently available.
This is a free course available through the real estate investing blog Bigger Pockets. It contains over 4 hours of content with 62 lessons on topics that range from the basics to niche strategies and markets. This course can also be paired with the Bigger Pockets Book on Flipping Houses, which is another valuable resource.
Because it’s free and easy to navigate, students can pick and choose which lessons are most valuable to them to fill in any gaps in their knowledge of flipping real estate. This is a great resource that offers tons of value and it’s absolutely free. However, it can be a bit sprawling and difficult to sift through, so it may not be best for those looking for a more focused and hands-on lesson plan.
4. Find, Fund, Fix and Flip Real Estate Investors 101 Bootcamp
This is another highly rated Udemy course on flipping real estate, and it offers tons of great knowledge for first-time investors. Students will learn how to find distressed sellers and end buyers, choose the right market, close deals, and build a brand as an investor.
This course offers everything you need to wrap your mind around the fundamentals of house flipping and it sometimes goes on sale for less than 20 dollars. It’s perfect for beginners and those looking for a solid roadmap to start flipping, although it may be a bit basic for those who have more experience.
5. Harvard Extension School Real Estate Investment Graduate Certificate
Harvard Extension, the continuing education department of Harvard University, offers a certificate in real estate investing course designed to help students develop the real-world skills necessary to be successful in the field. It’s available as an online course and requires students to complete four certifications, including principals of real estate, real estate financing, real estate enterprise management, and an elective.
This program is more in-depth than many of the others listed and it’s designed to give students a more holistic understanding of the real estate industry as a whole. The average tuition is around $3,000, but the course offers a wealth of information on flipping and developing properties, that will take you from beginner to a pro in just a few months or years.
6. Creative Real Estate Investing and Flipping Houses
Freedom Mentor is a real estate education and mentorship program run by professional investor Phil Putejovsky. They offer a free real estate training course on house flipping that is available for anyone who wants to learn. They offer both a general overview of the business, as well as creative strategies that can be beneficial to beginners and seasoned professionals alike.
Once you’ve completed the online course on how to flip houses, they also offer an apprenticeship program for $40,000 that will help walk you through your first few flips. You certainly don’t need to pay that much money to learn how to flip homes. But if you have the cash to spend and you’re nervous about getting started on your own, this kind of mentorship program may be beneficial and will pay for itself after a few successful flips.
7. Advanced Real Estate Flipping Strategies
This is another Udemy Course that delves into some of the more advanced strategies of running your flipping business. This includes structuring your business to protect assets and save money on taxes. Available for just $11.99, this course offers priceless information that can save you thousands of dollars in the long run. But it may be a bit complex for those who are just getting started. So, this course is better suited to those who are either already flipping houses or those who have mastered the basics and want to ensure their business is properly structured from day one.
Bonus Tip
One of the best aspects of flipping homes is that you don’t need a real estate license to get started. Instead, you simply need to understand how the flipping process really works. To this end, each flipping houses course in this article can help eliminate the knowledge block that is preventing your from getting started.
Furthermore, once you are familiar with how to find houses to flip and you have a concrete understanding of the after repair value, the biggest roadblock to purchasing an investment property is likely to be funding. Most real estate professionals will turn to hard money lenders in order to solve this particular problem. Unlike conventional loan providers, hard money lenders are much more likely to approve your request for capital, provided you have a reasonable credit score and the property that you have identified has the potential for turning a profit.
Final Thoughts
Each house flipping course listed will give you a comprehensive, yet nuanced understanding of the investing process. Which program you decide to take will depend on your goals and level of experience, but each will give you valuable knowledge that can help you learn how to start flipping homes. In addition to these courses, there is tons of free content on flipping online that provides valuable information on everything from what kind of houses to flip to proper financing strategies. All the information you need to become a successful house flipper is out there, but it’s up to you to take advantage of what’s available.
Lastly, it is important to remember that your first house flip is likely to be the most challenging, partially because of the fears and doubts that are part and parcel of this business model. However, if you take the time to learn what renovations increase the market value of a home, and develop your understanding of how to calculate ARV, you will be able to make wise and prudent investment decisions when you are ready to pull the trigger on your first real estate deal.