337: How Rick Does 8 Flips At Once For $30k Profit Each
Rick Howell shares how he flips eight houses at once and pulls $30k profit from each — all without swinging a hammer.
The DealMachine Real Estate Investing Podcast · Rick Howell, David Lecko, Ryan Haywood
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Show Notes
Rick Howell went from working as an electrician to flipping eight homes at a time — pulling in $30,000 profit per deal. In this episode, he breaks down how he scaled up without burning out, how he decides whether to flip or wholesale, and the simple systems that keep the money moving.
KEY TALKING POINTS:
0:00 - Intro
0:40 - An Overview Of Rick Howell’s Business
2:21 - His First Rehab & Learning How To Renovate
6:51 - Getting His Real Estate License
9:51 - The Rental Side Of His Business & Property Management
14:23 - The Struggles Rick Has Seen In Self Managing Your Rentals
16:26 - The Rental Scam David Encountered
19:03 - How They Decide What Properties To Keep As Rentals
21:29 - His Average Deal Numbers And How He Approaches Rehab Costs
26:18 - How They Find Their Leads
28:22 - The Data From DealMachine
36:23 - A Marketing Pro Tip
37:14 - Closing Thoughts
38:07 - Outro
LINKS:
Instagram: Rick Howell
https://www.instagram.com/rickhowellrei/
Website: Rick Howell
https://solo.to/rickhowell
Instagram: David Lecko
https://www.instagram.com/dlecko
Website: DealMachine
https://www.dealmachine.com/pod
Instagram: Ryan Haywood
https://www.instagram.com/heritage_home_investments
Website: Heritage Home Investments
https://www.heritagehomeinvestments.com/