
Flipping houses is risky. Donnie Korum reveals his 5-step Foreclosure Profit System that has guided 400+ flips to an average $25K profit per deal.Ready to make real estate investing predictable? Get a complimentary, no-pressure consultation with Donnie Korum's team at foreclosureprofitsystem.com and see if flipping is the right vehicle for you.You see the shows on TV. You hear the stories. But the ugly truth is that most people who try to fix-and-flip houses lose their shirts. Why? After analyzing over 312 construction businesses, I can tell you the answer is always the same: they lack a system.In this episode, I sit down with Donnie Korum, a master of systems who has turned the chaos of house flipping into a predictable profit engine. With over 400 flips under his belt, including the infamous "Springs Hellhouse," Donnie has developed the Foreclosure Profit System—a five-step framework that targets an average profit of $25,000 per deal.This conversation is a masterclass in risk mitigation and financial clarity. Donnie pulls back the curtain on the exact systems you need to find, analyze, fund, fix, and flip properties successfully. For any builder who feels like their own projects are a gamble, this episode proves that the right operating system changes everything.You'll Discover:The 5-Step "Find, Figure, Fund, Fix, Flip" Framework that creates predictable profit.How to leverage volume to negotiate discounts and build strategic partnerships.Why the "Figure" (analysis) phase is where you actually make your money.The tech stack (Deal Check, Buildxact) that powers a modern flipping operation.How Donnie turned the nationally-known "Springs Hellhouse" disaster into a six-figure win.This episode will give you the blueprint to de-risk your projects and build a systematic engine for profitability.Problems Addressed & Solutions Deployed:[00:04:12] - PROFIT LEAK: Trying to "figure it out as you go" on your first flip. SOLUTION: Find an expert mentor with a proven, repeatable process to guide you. IMPLEMENT: Download our free 10-Step Sales Process Guide to systematize just one part of your business.(Master Topic: Builder-to-Business-Owner Transition)[00:11:34] - OPERATIONAL CHAOS: Managing the "Fix" stage without construction expertise. SOLUTION: Have a project manager who speaks the language of GCs to prevent upselling and keep the project on track. IMPLEMENT: Map out your project delivery process from start to finish. Identify the biggest bottleneck.(Master Topic: Team Building & Systems for Scale)[00:15:28] - FINANCIAL UNCERTAINTY: Buying a property without knowing your numbers cold. SOLUTION: Use powerful analysis tools like Deal Check and a rigorous "Figure" process to validate the deal before you buy. This is identical to the principles in our Critical19™ Scoreboard. IMPLEMENT: Start tracking your Gross and Net margin on every single project.(Master Topic: Financial Clarity & Profit Protection)[00:19:03] - STALLED SALES: Trying to get real estate agents to discount commissions. SOLUTION: Offer consistent, high-quality volume that makes a lower rate a win-win for the agent. IMPLEMENT: Identify three potential strategic partners (designers, architects, etc.) you could offer consistent referrals to.(Master Topic: Strategic Sales & Marketing)[00:23:45] - INEFFICIENT WORKFLOWS: Using outdated methods for estimating and client visualization. SOLUTION: Leverage modern tech like Matterport for a digital twin and AI-powered tools in Buildxact to create renderings and estimates. IMPLEMENT: Explore one practical AI tool that can save you five hours a week. Check out our MAP™ program where we implement these systems for you.SEO:#fixandflip #businessowner #realestateinvesting #foreclosurerealestate #constructionmanagement #constructionlife #riskmitigation #flippinghouses #flippingforprofit #coloradosprings #arizona