Fix-and-flip real estate investment can be incredibly profitable, but it is critical to understand the risks involved before diving yourself deeply into this investment strategy. In today’s episode, Viktor Jiracek joins us to provide helpful advice on how to evaluate a deal and be realistic with your improvements to maximize your returns.

Key Takeaways To Listen For

• Best features of fix and flip real estate 
• Understanding on-market and off-market strategies 
• Tips to buffer your budget 
• Finding the right property to renovate 
• What is the typical renovation cost 
• Fixing and flipping properties on the current market condition

About 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 is a mentor to 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. 

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