Real estate flipping is a practice that promises the best way to earn money and the quickest way to be rich. The method was popularized by Nick Vertucci, an American businessman, and entrepreneur. According to his online academy for real estate flippers, the method would require the purchase of a dilapidated home, especially those that are already abandoned. The real estate flipper would have to invest in fixing the house, especially the ceiling and the plumbing system. The walls should also be repainted, as well as the exteriors. It is not necessary to buy new furniture inside the house, as what the buyers would look at would be the structure itself. After renovating the house, the real estate flipper would have to work with a real estate broker to look for potential buyers. Newlyweds and families who are looking for cheap homes form the biggest percentage of customers that rely on real estate flippers. Nick Vertucci became a successful real estate flipper as he sold thousands of houses in North America. Today, he is managing his real estate flipping academy, and he is also making tours across major cities in the continent to share his experiences in life, and how real estate flipping changed him.
His life story is featured in the book “Seven Figure Decisions: Having the Balls to Succeed,” which is authored by Nick Vertucci himself. According to his story, he faced several challenges during his childhood. One of the challenges that he had to face was the death of his father. It was devastating to his family, and his mother had to work hard to provide for him and his siblings. The young Nick Vertucci understood that he had to make a sacrifice, and once he reached 18 years old, he decided to live on his own and establish a business that deals with computer parts.
His business did not last long, as he went bankrupt after the dot.com crash in the early 2000s. He had to look for other opportunities on how he could earn money, and his friend told him to attend a seminar about the method known as real estate flipping. Nick Vertucci became interested and joined the seminar. He learned so much about the practice and decided to do it himself. It was difficult to sell a property at first, but with determination and hard work, everything becomes easier. He was able to sell a lot of properties, giving him access to more wealth.