201: Flipping 100+ "Zombie" Houses with Justin Stamper

<p>Dead “zombie” houses are everywhere — just waiting for you to bring them back to life if you are willing to take the risk! That’s the story we dive deep into today on the&nbsp;<a href="http://biggerpockets.com/podcast" target="_blank">BiggerPockets Podcast</a>&nbsp;when we sit down with reality TV star&nbsp;<strong>Justin Stamper</strong>, a real estate investor from the Orlando, FL market who has a fascinating and inspiring story of rising up from near financial ruin to become one of the most prolific investors in his market. You’ll learn how his “punk rock” attitude has given him a unique perspective on his investing and how he has been able to&nbsp;<strong>flip over 100 “zombie” homes</strong>&nbsp;(and wholesale over 200 other deals!) in the past several years. After listening to this show, you’ll be inspired, motivated, and educated enough to tackle your next zombie house!</p><p>In This Episode We Cover:</p><ul><li>What is&nbsp;<strong>“zombie” house flipping</strong>&nbsp;and how does Justin&nbsp;do it?</li><li>The merits of buying really&nbsp;<strong>gross dilapidated</strong>&nbsp;properties</li><li>How Justin got into&nbsp;<strong>real estate</strong></li><li>Why he starting by buying at&nbsp;<strong>auction</strong></li><li>What motivated him to start&nbsp;in real estate despite having&nbsp;<strong>lost&nbsp;a house</strong></li><li>How the&nbsp;<strong>recession</strong>&nbsp;affected families, especially in Orlando</li><li>How Justin renovates&nbsp;one to two houses a week via the&nbsp;<strong>courthouse</strong></li><li>How to use a&nbsp;<strong>hedge fund</strong>&nbsp;to get a line of credit</li><li>A unique strategy to help people&nbsp;<strong>regain their houses</strong></li><li>How to grow&nbsp;by&nbsp;<strong>helping people</strong></li><li>Details on&nbsp;<strong>buying</strong>&nbsp;via auctions</li><li>Things to take note of before buying an&nbsp;<strong>auctioned property</strong></li><li>How many<strong>&nbsp;renovations</strong>&nbsp;has he done</li><li>What it is like buying