Investors
Real estate investment consulting
A mentor, not a guru.
I consult with Orange County real estate investors on flips, rentals, and the numbers on a deal, and I have been investing here since 1977.
I have flipped homes and held property through every market since the 1970s. I teach the strategies for free. If your deal fits my criteria, I will buy it. These are general notes, not a promise of profit.
| Fix and flip | Find it, fix it right, and sell it for a profit. I have done it for fifty years. Now I do it with my daughter Melissa and son-in-law Ryan. The book is Flipping the OC. |
|---|---|
| Wholesaling | Put a deal under contract and assign it. You can do this with little of your own money. It is a strong first niche, and I am often the buyer. The book is Wholesaling Real Estate in California. |
| Subject-to | Take over a property with the seller’s existing loan still in place. You can buy without cash or credit. The book is Subject-To Domination. |
| Loan assumptions | Take over a low-rate FHA or VA loan. You keep a payment that many of today’s buyers cannot get. The book is Assuming Advantage. |
| Adverse possession | Learn what it is and how it really works in California. Then you can judge if it is worth a closer look. The book is Adverse Possession in California. |
| Mobile homes | This is a lesser-known flip niche. The price to get in is low, and the turns are fast. The book is Flipping Mobile Homes in California. |
How a consult works
- Book a free consultation. Phone, coffee, or lunch. Beginners and experts are both welcome.
- We pick one niche. You can test it with the free education before you spend a lot.
- Bring an address and your numbers. I use the same order as the flip math on the investors page: after-repair value, then price, repairs, holding costs, and selling costs.
- The 70% rule is a rough screen for what to pay on a flip, not a promise of profit. Orange County deals still need the full cost sheet.
- I have written 8 books, including Flipping the OC and Wholesaling Real Estate in California. 343 agents are licensed with Pellego, and 3/4 of them invest.
- Google reviews on the Laguna Hills profile are 4.9 from 63 reviews.
The full investing page is here. Training and the meetup are on the training page. Retirement-account questions start at IRA and 401(k) investing, which is information only. The books are at the bookshelf.
The record
- 50+ years in Orange County real estate. Licensed since 1977.
- 600+ closed transactions.
- 4.9 from 63 Google reviews.
- 343 Pellego team members, licensed with Pellego, Inc..
- Author of 8 real estate books.
- My license is DRE #00702131. Pellego, Inc. corporation license is DRE #02043232.
- Work (949) 625-4533. Direct cell (949) 394-0149.
- Office: 23121 Verdugo Dr #100, Laguna Hills, CA 92653. Open daily, 9 AM to 8 PM.
Questions
What is real estate investment consulting with you?
You bring a goal or a deal. I show you the numbers I use on flips, rentals, and wholesale contracts. The teaching is free, in groups and one-on-one, and I will not charge you thousands for a course. If the deal fits my criteria, I will buy it. This is not a promise of profit, and it is not legal or tax advice.
How do I get started in real estate investing?
Pick one strategy and learn the numbers before you buy. In Orange County, that means recent sales, repair costs, and how you will pay for the house. I teach the basics for free, in meetups and one-on-one, so you can try a niche before you spend a lot. Read the beginner house flipping guide.
Where do I find a mentor who won’t charge thousands for advice?
Look for someone who still buys and sells, and who will show you the real numbers. I teach my strategies for free, in groups and one-on-one. I will not charge you thousands for a course. Book a free consultation and bring a deal, or just a question.
Do I need a real estate license to flip houses?
You do not need a license to buy a house, fix it, and sell your own property. A license matters when you act for other people, California sets those rules, and many investors later get licensed so they can list homes. This is general information, not legal advice. Read legal considerations in house flipping and why some Orange County investors also get a license.
How much money do I need to start flipping houses?
There is no single dollar amount, and no promise that a set sum will be enough. You need money for the purchase or down payment, repairs, holding costs, and a cushion for surprises. Some people start with less cash by wholesaling, or with a lender, a partner, or retirement funds, but none of that guarantees you will qualify. Read financing options for house flips.
What is the difference between wholesaling and flipping?
Flipping means you buy the house, renovate it, and sell it. Wholesaling means you get a property under contract and assign that contract to another buyer, often with less of your own money. Wholesaling can be a first step, while flipping is where you do the work and keep the resale profit. Read Flipping the OC and Wholesaling Real Estate in California.
Work (949) 625-4533. Direct cell (949) 394-0149. I host Orange County investor meetups, and the office is at 23121 Verdugo Dr #100, Laguna Hills, CA 92653.
Let's get started
Bring a deal, or just a question.
The first meeting is free.
If the numbers work and the deal fits, I am a buyer. If they do not, I will say so.