EP 457 - Why Most House Flippers Burn Out

What did you think of todays show??Can't scale? Constant rental problems? Not sure if flipping is worth your time? You might be running your business the hard way.This episode breaks down the risks of flipping (especially right now) and why so many investors burn out. We're also talking DSCR loans, why it might be a good time to refinance, and the systems we use to manage properties with a lot less stress. If your business feels reactive or stuck, this one’s for you!Topics discussed:Introduction (00:00)Mortgage applications on the rise (04:23)Why I’m refinancing (05:03)DSCR loans and multifamily investments (08:31)How the market is affecting flips (12:24)The risks of flipping and scaling in today’s market (15:15)When flipping makes sense long-term (19:22)ADUs and luxury real estate (23:41)Learn more about the Collecting Keys SCALE Community! https://collectingkeys.com/scale/Check out the FREE Collecting Keys “Invest Anywhere” Guide to learn how to find deals in ANY MARKET Completely virtually (this is how we scaled to over a dozen markets)!https://instantinvestor.collectingkeys.com/invest-anywhereFollow us on Instagram!https://www.instagram.com/collectingkeyspodcast/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/https://www.instagram.com/dylan_does_dealsThis episode was produced by Podcast Boutique https://www.podcastboutique.com