BiggerPockets Real Estate Podcast - From "Miserable" Salesman to House Flipping w/83 Rentals

House flipping is a very potent form of investing. After just one fix and flip, many investors find themselves hooked, leaving their stable jobs for the profit (and rush) or finishing another flip. This happened quickly to Jason Pritchard, flipper and rental property investor in central California. Jason was working at a sales job he hated and after watching one of the many famous HGTV flipping shows, thought, “Hey, I could do that!” He gave it a try, using his life savings and retirement funds available to him. It was a success, so he decided to scale up. One flip grew to a few, and now, Jason's team does over seventy-five flips and wholesale deals per year! This incredible volume didn’t happen overnight—it took Jason seven years to go from W2 worker to one of the best flippers in the state! And it’s not just flipping Jason is after. He’s been able to grow a massive rental property portfolio, some eighty-three units, at the same time! You’re probably wondering how Jason did this so fast. Worry not, as he details every step from how he finds leads, builds a team, pays the taxman, and even compensates employees. If you’re trying to get your foot into the flipping door, Jason’s story should inspire you to do almost exactly what he did. ~~~~ Join BiggerPockets for FREE: https://www.biggerpockets.com/signup?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Listen to All the BiggerPockets Podcasts in One Place: https://www.biggerpockets.com/podcasts?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Connect with Jason on BiggerPockets: https://www.biggerpockets.com/users/jasonp10?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ How to Flip a House & Make a Profit: https://www.biggerpockets.com/guides/how-to-flip-houses?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ How to Build a Highly Effective Real Estate Team: https://www.biggerpockets.com/blog/effective-real-estate-team?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ How I Find Private Money Lenders to 100% Fund My Deals: https://www.biggerpockets.com/blog/find-private-money-lenders?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Follow Jason on Instagram and Facebook: Instagram: @jasonpritchard or https://www.instagram.com/jasonpritchard/ Facebook: https://www.facebook.com/profile.php?id=1536372933 ~~~~ Connect with Rob (Roubilt) on Youtube, Instagram, Tiktok, and Twitter: Youtube: https://www.youtube.com/c/Robuilt Instagram: https://www.instagram.com/robuilt/ TikTok: https://www.tiktok.com/@robuilto Twitter: https://mobile.twitter.com/robuiltchannel ~~~~ Connect with David and Rob on BiggerPockets: David: https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none Rob: https://www.biggerpockets.com/users/robuilt?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Subscribe to David on YouTube: https://www.youtube.com/c/DavidGreeneRealEstate ~~~~ Follow David on Instagram: @davidgreene24 or https://www.instagram.com/davidgreene24/ Episode 611 Show notes at: https://www.biggerpockets.com/blog/real-estate-611?utm_source=youtube&utm_medium=description&utm_campaign=none 00:00 Intro 04:01 Quick Tip 05:26 A Serious Rental & Flip Portfolio 07:51 Using a "Miserable" Job to Fuel a Fast-Growing Portfolio 13:55 Flips, Rentals, and Trading Taxes for Financing 25:29 Building His Team 36:54 The #1 Step to NOT Skip 39:06 Financing His Flips & Building a Business 47:16 Deal Deep Dive 51:33 Famous Four