Top 3 Newbie Mistakes in Fix & Flip Deals
1) Under Estimating Cost of Rehab
2) Lack of Team & Resources
3) Overpaying for Labor & Materials
Reality: We just listed our newest flip on Zillow - 2 hours later & the first showing we got a full asking offer🙌🏽
Also Reality: We busted our asses to get this flip done through COVID delays, lumber delays and new GCs.
Choose your hard .....
Reality: We just listed our newest flip on Zillow - 2 hours later & the first showing we got a full asking offer🙌🏽
Also Reality: We busted our asses to get this flip done through COVID delays, lumber delays and new GCs.
Chose your hard .....
If your goal is liquidity: Taking $40,000 and doing a house flip to double/triple your money will go a lot further in the short term than buying a rental property that will pay you $500 a month for the next several years.