EPISODE · Jul 18, 2026 · 14 MIN
#38 - How Investors Can Lose Up To $60K, Without Even Realizing It
from First Deal Podcast · host Keith Gillispie
Keith draws from over 1,500 deals underwritten in office hours alone to break down the three numbers that consistently destroy fix and flip profits — and shares a real client story about a contractor who used AI to fake renovation photos to siphon off $15,000 out of a deal.TakeawaysUnderestimating repair costsOverestimating ARVIgnoring holding costsChapters00:00 Introduction02:19 Common Underestimations in Fix and Flip Calculations05:14 The Impact of Time on Real Estate Deals08:23 Real-Life Case Study: Lessons Learned from a Failed Deal11:05 Conclusion and Call to Action14:28 Outro📜FREE Purchase & Sales Agreement: https://go.reiautomated.io/strongest-psa-lm 📊FREE Deal Analyzer + Repair Estimator: https://go.reiautomated.io/deal-analyzer 📃FREE Joint Venture Agreement: https://go.reiautomated.io/jv-agreement-flm 🏠FREE Facebook Community: https://www.facebook.com/groups/realestateinvestingandwholesaling 🧑🏻💻FREE COURSE (watch 5 min first): https://playbook.reiautomated.io/?source=Keith&campaign=OFC 🌟CLIENT RESULTS: https://youtu.be/wtDCqarJceM?si=QsXJyAKV6eVL-Eeb WHAT WE OFFER: https://youtu.be/JbV0LqjdhJ8 SOCIALSInstagram: https://www.instagram.com/keithg_rei/ Facebook: https://www.facebook.com/Keith.GillispieMusic from #Uppbeat (free for Creators!):https://uppbeat.io/t/monobox/backboneLicense code: OZZJFTOT1V6EYPPY
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#38 - How Investors Can Lose Up To $60K, Without Even Realizing It
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