Top 7 Fix-and-Flip Mistakes New Real Estate Investors Make
In this video, H. Jack Miller shares common mistakes he has seen people make in real estate investing, especially with fix-and-flip projects. To succeed, you need to excel in three key areas: buying, managing, and selling. Many people overpay for properties, underestimate repair costs, and set unrealistic timelines, which can lead to tight profit margins.
Sometimes people prematurely rely on profits as income and try to become full-time investors before they’re ready. It’s essential to have reliable contractors, proper financing, and sufficient capital while managing expectations and not taking on too many projects at once. Our goal is to help new investors avoid these pitfalls and build a solid foundation for success in real estate. When your bank says NO, we say YES!
Category: Deals Done,Education,Loan Programs
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