Today’s guest Elisa Covington fell in love with house flipping when she bought her first home. Now transforming houses as a living, she’ll share her secrets to her success. Eavesdrop on this conversation and learn how to look for excellent house flipping deals, ensure a smooth renovation project, and more tips and strategies for home remodeling and selling!

Key Takeaways To Listen For

• Tips for finding a good tenant
• Reason to hold a “reserve fund” when flipping and how to make sure that property is profitable
• Things you should pay attention to when remodeling properties
• Secrets to finding great deals for flipping
• Best advice for people who are new to fixing and flipping
• Different course of action to finance your deals

Resources Mentioned In This Episode
Free Apartment Syndication Due Diligence Checklist for Passive Investor 

About Elisa Covington

Elisa Covington is a real estate investor in the San Francisco Bay Area. She is the Founder and CEO of Transform Real Estate Investments, LLC, a Bay Area local Real Estate Solutions Company that purchases and improves all types of homes in various conditions and locations. 

In 2017, Elisa transitioned out of a comfortable, good-paying 9-5 job to a full-time investor. With 40 completed projects, she became her own boss and managed to work fewer hours but make many times more than her old W2 income. She’s been making a 7-figure profit every year since 2019. 

Elisa started her investing journey by purchasing, remodeling, house hacking, and owning furnished rentals in San Francisco. She has done a DIY remodel with her husband and also managed rental properties on her own. 

Elisa enjoys helping people and sharing her knowledge with others. She currently mentors a few aspiring investors and hopes to empower more women to get started in real estate. She started a Youtube Channel (Youtube.com/TransformRealEstate) to teach people to invest in real estate and achieve financial freedom and now has over 50K subscribers. 

Elisa was born and raised in Beijing, China. After working for Google China briefly, she came to the US to pursue her MBA at Kellogg School of Management at Northwestern University. Elisa loves to design her own flips and use unique design features to appeal to buyers. When she isn’t prospecting new properties or supervising projects, she loves hiking, swimming, and traveling. She has been to over 20 countries on 6 continents.  

You can follow her on Instagram @transformrealestate where she shares remodeling tips & tricks and before & after photos and subscribe to her Youtube channel (Youtube.com/TransformRealEstate) to learn about real estate investing and home remodeling. 

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