Clark St Capital — Real Estate Investments

Real Estate Underground · Episode 201

3,000 Flips, Zero Tech Background: How Robbie Crager Uses AI to Scale

June 30, 2026 · 34m

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Robbie Crager bought his first house at 25 with no money, bad credit, and no idea what he was doing. He had just lost a corporate job and had watched Carlton Sheets on late-night television promise he could buy a house with no money down. So he found a wholesaler in the newspaper, contracted the house, and jumped in with both feet while everyone around him begged him not to. Twenty-eight years and thousands of flips later, he calls it one of the best deals he ever did.

This week on Real Estate Underground, Ed Mathews sits down with Robbie, the operator behind The FlipFlop Flipper, to talk about what it actually takes to run a lean flipping business at scale. Robbie spent two decades buying a couple of houses a week at Florida foreclosure sales. When the auctions moved online and margins got squeezed, he relocated to the island of Puerto Rico and started buying what locals call zombie houses: abandoned homes with no doors, no windows, no power, and nothing but upside. He renovates them back to the point where a first-time buyer can get an FHA loan, then hands over the keys.

What you will learn:

Why a 28-year operator who does not even carry a laptop has his team using AI every day, and why he believes anyone who refuses to learn it will be left at a disadvantage. The three-question filter Robbie runs before entering any new market: will our money go further, can we make a bigger return, and will our impact be one we are proud of. The single biggest mistake of his career, flipping a thousand houses before 2007 and keeping none of them, then losing everything in the crash. How he rebuilt by partnering with people who had capital instead of borrowing hard money, and started investing for cash flow instead of chunks of money. And the closing-table moment that still makes every renovation worth it.

Robbie also shares the story behind a little red brick house in Ukraine. On a humanitarian trip in 2022 he helped a pastor buy a home big enough to adopt three boys out of an orphanage. That same house now shelters and feeds 70 orphans. As Robbie says, every house has a story, and that one is pretty good.

The lightning round covers the joy of missing out, why he says no to most deals that cross his desk, the book he has read front to back five times, and how he defines success now that boats and fast cars stopped mattering.

If you are an operator trying to build something that lasts, this one is full of hard-won lessons from someone still in the work. Find Robbie inside his free FlipFlop Flipper community on Skool, or on YouTube.

Chapters
00:00 The leap of faith: no money, bad credit, no clue
00:59 Welcome to Real Estate Underground
02:14 28 years, thousands of houses, and Puerto Rico zombie homes
03:33 You don't have to stay in a broken system
04:07 Quitting at 25 and the Carlton Sheets first deal
06:40 Scaling to a couple of houses a week for 20 years
08:47 Using AI every day in a lean flipping business
10:32 The markets: Florida, the online shift, and Puerto Rico
11:23 The three-question filter for entering a new market
13:12 Investing with impact and the Ukraine orphanage house
17:44 Working with his son McKenna in the business
21:31 The deal you don't do: the joy of missing out
23:43 Purpose, legacy, and what gets him out of bed
26:11 The free FlipFlop Flipper community
26:46 The biggest mistake: flipping everything, keeping nothing
29:30 Lightning round: books, success, and travel
32:47 Where to find Robbie

This week's book: Think and Grow Rich by Napoleon Hill
https://www.amazon.com/Think-Grow-Rich-Publication-Foundation/dp/193787950X?tag=clarkstholdin-20

More Real Estate Underground episodes: clarkst.com/podcast
Elevista: elevista.com/podcast

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Additional Resources:

Social Media:

  • LinkedIn -> Ed Mathews (President at Clark St and Elevista)

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