About Mike LaCava
The mission of HFS is to help you learn how to make money flipping houses, and provide you with ongoing real estate investing support.
The writing you'll find here offers my ideas and experiences house flipping and investing in real estate. I write through personal experience, including the good and the bad. House Flipping School is a no fluff, to the point resource for people who can't go a day without thinking about real estate.
I’m a 44-year-old guy from southeastern Massachusetts who makes a full-time living by investing in real estate and flipping houses. I absolutely love what I do and I consider myself the luckiest person on Earth.
I wasn’t born into money, I don’t drive a fancy car and I’m not a multi-millionaire (yet!). What I do have is a beautiful wife, Christine, and two great kids Katlyn and Hayley, awesome friends and a line of work that allows me to spend time with them, while doing something that I am really passionate about.
My House Flipping Story
Twenty-three years ago, a friend of mine invited me to attend one of those real estate wealth weekends in Florida. The course was all about how to use disposable income to invest in real estate and flip houses.
I had $10,000 of my own money available after buying a 1977 Corvette, so I did have some money to invest. Unfortunately, I decided to sink that money into a bank CD paying 10% interest - instead of leveraging that same money flipping houses. I figured the CD was a pretty good investment and much better than real estate because I could make $3,300 in three years.
Looking back I made that decision because it felt like the safe thing to do. I had let fear run the program, and what a poor financial decision that was.
Of course now in hindsight, I could of used that same $10,000 and bought two condos instead of investing in the CD. If I had chosen to rent those two condos for a few years and then sell, I could have made a $50,000 profit.
Needless to say, I had made the wrong decision. But everything happens for a reason. I knew that someday I would get a second chance.
My Second Chance
Fear, lack of education and having little money is the #1 reason why most people never get involved in real estate. It took me two decades to finally overcome this fear, and purchase my first house to flip, so I know how it feels.
Eventually I conquered my fear, partnered with a friend and purchased a house to flip. However I had little education about how to successfully flip a house for profit. So what happened? Well to make a long story short we ended up losing $4,000 on the deal, due to my personal lack of real estate education.
Over the next few years I spent over $20,000 on books, CD's and real estate coaching programs. It was expensive, but I stuck with it and learned the intricacies of this business. I now average 1 house flip per month and have given myself and my family the financial freedom we so desperately desired.
I soon realized that I also enjoyed teaching people how to make money flipping houses, and how to create an ideal lifestyle for themselves. A few years ago I began coaching newbie investors 1 on 1, and in 2012 I started the House Flipping School blog.
Now in 2013, I have launched the House Flipping School membership program, while still offering 1 on 1 coaching. Through it all my personal house flipping business has continued to grow, and I expect to flip more than 15 houses this year alone.
I have always known that if I was one day successful in real estate, that I would turn my focus to helping others be successful too. I am happy to say that the time has now come for me to shift my focus on helping you achieve the same house flipping success that I have been so fortunate to realize.
And helping you achieve success is exactly what the House Flipping School membership is all about.
See you at the top,