Flipping is particularly attractive in high appreciation markets like Los Angeles. However, as the market cycle continues to change, it is super important for flippers to closely monitor their margins to ensure they can exit the deal as they have planned. In this episode, host Lisa Hylton chats with Los Angeles flipper Katherine Nilbrink about her experiences in the Hollywood market using this strategy. Katherine also shares how she got started in real estate and how she decided that flipping homes was the path for her. After almost 30 yrs as a nutritionist and working in health and wellness, Katherine Nilbrink, MA, MCC, CHC, decided a change was needed. With a desire to access her more creative side and her love of following trends in real estate and restoring old houses that she bought to live in, Katherine decided to pursue this passion. However, Katherine is not just ‘another flipper’. Her unique way identifying and researching real estate purchases and bringing diamonds in the rough back to life and has lead to quick success with all of her homes being sold over asking price within days of hitting the market. Most of her work is done in Los Angeles but she is looking afield to other markets. She is now adding to her knowledge with studying for her real estate license and looks forward to continuing to building her portfolio. Katherine is an avid hiker and loves long distance trekking, having recently walked across Kenya. She is originally from Boston and after living in Los Angeles for 9 yrs she and her Swedish husband moved to the Central Coast of California with their 2 rescue chow chows where they enjoy the quiet and amazing views.Love the show? Subscribe, rate, review, and share!
Join The Level Up REI Podcast Community today: