From 'dead broke' to 'lump sum checks': Why this investor says home flipping is the best way into real estate if you avoid 3 mistakes
Briefly

Kevin Hart initially faced significant debt after opening his own insurance branch in 2017 but transitioned into real estate through home flipping. In 2019, he flipped his first property, earning $30,000, which prompted him to exit the insurance industry to pursue real estate full-time. Hart and his business partner, Mike Gorius, established a formal partnership in 2024, completing 50 transactions and acquiring a diverse rental property portfolio. He encourages new investors to consider flipping for quick capital while cautioning against the inherent risks and mistakes often associated with the venture.
Kevin Hart emphasizes the importance of starting with a property flip for new investors, providing a quick capital boost to jumpstart their journey in real estate.
After opening his insurance branch and falling into debt, Kevin Hart successfully transitioned to real estate, flipping homes and paying off his past financial obligations.
Hart cautions rookie investors against costly mistakes in flipping, highlighting the potential risks involved, despite the rewarding nature of the investment strategy.
In 2024, Kevin Hart and Mike Gorius formed a business partnership under Joe Homebuyer, completing 50 transactions in their first year together.
Read at Business Insider
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