200: Flip/Off: Whose House Flip Can Pull In the Biggest Return? (Dainard vs. Washington)
On The Market
Shownotes Transcript
James Dainard, a house flipper in Seattle, Washington, has been on a **flipping spree **for the past two decades. He’s flipped more homes than you can count, made tens of millions in the process, and has built multiple massive businesses to support his flipping fixation. In the shadows, his young(er) protégé, Henry Washington, has been learning his every move and trick of the trade. To beat the top flipper, he must…become him. Now, these once brothers-in-flipping will face each other head-to-head in the money-making competition no one asked for but we wanted to make. This is FLIP/OFF.
Welcome to the 200th episode of On the Market)! confetti pops, fireworks go off This time, we’re doing something special. This show will be a battle of the house flippers, as Henry and James detail two recent flips they’re working on and battle against each other to see who can score the highest return. Both of these deals are almost unbelievable in how high their cash-on-cash returns) are, so if you want to know** how REAL money is made in **real estate), this is the show to catch!
Stick around because we’ll get into every detail and number behind these deals. Plus, we’ll be giving you deal updates soon, showcasing each flip and the progress our panel is making. **Vote for your favorite flip on the BiggerPockets Instagram) or the On the Market YouTube channel)! **
In This Episode We Cover:
A house flipping) competition like never before (and the punishment at stake/steak for the loser)
James’ quick flip that could turn into a HUGE return in just a matter of months
House flipping risks and how longer timelines and delayed permits can destroy your profits
**Henry’s home-run house flip that could make even MORE money **than James’ much more expensive home
Burst pipes, flooding, mold, mildew, and even more fun surprises from one of these flips
Our favorite On the Market episodes of all time!
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise)
Connect with Other Investors in the “On The Market” Forums)
Subscribe to The “On The Market” YouTube Channel)
Henry's BiggerPockets Profile)
Kathy's BiggerPockets Profile )
Get All the Numbers from Henry’s and James’ House Flips)
Our Favorite Episodes:
Homebuyers Are Getting Crushed: Are Landlords the Cause)
Why NFL Players Are Buying Real Estate During the Recession)
Listener Deals:
Check out more resources from this show on BiggerPockets.com): https://www.biggerpockets.com/blog/on-the-market-200)
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