Nick Vertucci, business owner, author, and full-time house flipper is President and CEO of The Nick Vertucci Companies, in
Irvine, California. He’s also a sought-after mentor and coach in the real estate investment industry. Nick’s real estate career began in 2007. He’s spoken of the hardships he endured, and growing up in a humble home, but turned his luck around after starting his own computer accessories company. The entrepreneur suffered a set-back during the crash of the dot-com era, losing most of his capital and plunging into financial turmoil.
After taking a loan to enroll into a real estate course, he realized the true opportunity of the industry, which became an awe-inspiring decision for his future. Vertucci pursued this passion, changed his financial outlook, and later launched an educational program, the Nick Vertucci Real Estate Academy (NVREA).
House Flipping and Rehabbing
If you are interested in the business of house flipping, as an investor, or if you want to get some extra money, there are many things you need to know before proceeding to flipping houses. Nick Vertucci and his academy answers all those questions and coaches novice investors on how to start a venture.
When you flip a house, you are basically buying a home at a discounted price and then quickly reselling them at a higher price for profit. Most investors see flipping as an ideal business because yields are high and fast. Many people also invest in homes and rent them out for a monthly income.
Although many investors have actually earned large amounts of profits by flipping houses, it is important to note that this practice is not as simple as it seems. While there is low risk, it’s still a risky business, where well thought out strategies and a lot of research comes in hand, thus the reason Nick Vertucci and his academy has become so popular.
Find out more about Nick Vertucci: http://norcal.news/news/23809-nick-vertucci-watches-southern-california-housing-market-continues-soar