Distressed Property Flipping
Find and buy distressed properties that have problems scaring away other buyers (liability incidents, government interest, out-of-state owners) at deep discounts, then hold or flip them. Shannon bought a fishing cabin at half price because the government wanted to buy it, held it 5 years, then sold to the US government for 3x what he paid. The key is seeing problems as opportunities and making fast cash offers.
Startup Budget
$50K – $50K
Difficulty
Advanced
Business Type
Offline
Location
Anywhere
Time Commitment
Part-time
Revenue Potential
$10000+/month
Skills Needed
Watch the Full Breakdown
Watch on YouTube — Chris Koerner
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