EP 114 - The Top 3 Ways To Lose 50k On a Flip

What did you think of todays show??EP 114 - The top 3 ways to lose 50k on a flip“Rule number one, don't lose money and rule number two, don't forget rule number one.” - Warren BuffetOn today’s Friday Focus episode, our host Dan Austin, wants to tell you about the top three mistakes people make when flipping property that causes them to lose money. The main reason why we do this podcast, to help you maximize your investments, and part of that is minimizing your losses. So we have pinpointed three main mistakes people make when flipping property. The good news is they are easily avoidable, and we want to help you circumvent these mistakes while you’re flipping homes so you can make the most money possible.In this episode you will hear the top three ways to lose money on a flip, and ways to avoid it with detailed examples and tips that Dan has used to ensure a high return on his flips.You don’t want to miss this one!Topics discussed in this episode:The biggest mistake people make when flipping propertyHow to look for natural bordersLooking at prices holisticallyThe second biggest mistake people make when flipping property Understanding costs of thingsThe third biggest mistake people make when flipping propertyEstimating the time it takes to complete a projectIf you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://www.collectingkeyspodcast.com/storeDownload the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/freeIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://www.nstantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:http://www.collectingkeyspodcast.comhttp://www.instagram.com/collectingkeyspodcasthttp://www.instantinvestorprogram.comhttp://www.instagram.com/mike_investshttp://www.instagram.com/investormandanThis episode was produced by Podcast Boutique http://www.podcastboutique.com