Wealth Matters By Alpesh Parmar
Business:Investing
201: Gainesville's Real Estate Fix and Flipper King with Viktor Jiracek
Viktor is a real estate fix and flipper out of Gainesville Florida. He completed 20 flips last year and his goal is an additional 30 flips for this year (2021). Ironically, his best flip was a $64K net profit deal that he almost backed out of. He flips all types of properties including single-family residences, townhomes, condos, and mobile homes. Although he's done many avenues of real estate including lease options, seller financing, short-term rentals, and long-term rentals his passion is in flipping houses and teaching others to do the same.
Viktor mentors students across the USA and teaches them all aspects of how to get started in flipping real estate including but not limited to: how to get the deals, the money, run the numbers, etc. In Viktor's free time, he enjoys traveling and has been to 38+ countries.
(00:00 - 2:05) Opening Segment
- Introduction of the host into the show
- Alpesh introduces the guest of the show, Viktor
- Viktor shares something interesting about himself
(2:35 - 25:02) Real Estate Fix and Flipping
- How and when did you start investing in real estate?
- Viktor's first fix and flip.
- What Viktor likes and dislikes about fix and flip
- What would Viktor do if he a fix and flip doesn't sell
- Exit Strategies
- Risk vs Reward
- Timelines for fix and flip properties
- The kind of people you need in the team
- Do you require a realtor's license?
- Viktor's best and worst flip
- Opinion on the housing market
(25:02 - 25:28) Break
- Welcoming listeners and guest back to the show
(25:28 - 28:24) Fire Round
- Will Viktor change the business strategy after Coronavirus?
- Viktor's favorite real estate, finance, or other related books
- Tools or website Viktor recommends
- Viktor's advice to beginner investors
- How does Viktor give back?
- How can Wealth Matters Podcast listeners reach out to Viktor?
(28:24 - 28:48) Closing Segment
- If you want to learn more about the discussion, you can watch the podcast on Wealth Matter’s YouTube channel and you can reach out to Alpesh using this link.
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