160: From 0 to 50 Flips in 5 Years (While Still Working a Job!) with Stefanie Marshall

<p>Today on the&nbsp;<a href="http://biggerpockets.com/podcast" target="_blank">BiggerPockets Podcast</a>, we sit down and chat with&nbsp;Stefanie Marshall, an investor from Northern California who has&nbsp;flipped more than 50&nbsp;properties in the last five years,&nbsp;all while working a job as an accountant! In this powerful (and hilarious) interview, Stefanie shares how she jumped into the flipping game, how she managed to purchase a property in California for just $30,000, the sad story of losing $100,000 on a single flip, and how she bounced back to create an impressive flipping empire! Don’t miss a second of this fun, informative (and often sarcastic) episode!</p><p>In This Episode We Cover:</p><ul><li>What&nbsp;Stefanie&nbsp;does in real estate</li><li>How she got&nbsp;started</li><li>How she completed&nbsp;60 deals&nbsp;in a span of five years</li><li>Tips for investing while having a&nbsp;day job</li><li>How she started without knowing much and ended up being&nbsp;saved by a contractor</li><li>Thoughts on finding a&nbsp;good partner</li><li>Some of Stephanie’s deals that&nbsp;went wrong</li><li>Where is the line when doing a&nbsp;price&nbsp;reduction</li><li>What to do when something goes wrong in the middle of a&nbsp;flip</li><li>Why you anticipate&nbsp;“I don’t know what’s going wrong”&nbsp;expenses</li><li>Where she&nbsp;currently invests&nbsp;and what the market is like</li><li>The&nbsp;minimum profit&nbsp;she tries to shoot for</li><li>How a&nbsp;flat fee&nbsp;listing works</li><li>The importance of&nbsp;being represented&nbsp;well in a deal</li><li>How she finds deal through&nbsp;auctions</li><li>What&nbsp;cash for keys&nbsp;is</li><li>How to&nbsp;research&nbsp;properties before going to an auction</li><li>How she&nbsp;finds deals&nbsp;today</li><li>The&nbsp;female perspective&nbsp;on investing</li><li>Thoughts on having a&nbsp;team&nbsp;and building systems</li><li>And SO much more!</li></ul><p>Links from the Show</p><ul><li><a href="https://www.auction.com/" target="_blank">Auction.co