Flipping Houses For Rookies Podcast Episode #175 Dud Real Estate Deals That Cause You To Lose!
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Real estate rule #1 … know your exit before you enter! Which begs the question, what if I don’t know all of my possibilities to exit, what do I do now? In order to negotiate and determine the properties highest and best value, you will want to listen to this podcast. This is no different than if you started a business, you would need some sort of a plan to provide an expectation of profit and healthy financials to leverage for growth. I know in the past we have talked about analyzing deals for acquisition, but are there ‘tell-talk’ signs you should pay attention to so you can quit while you are way ahead? If you are truly worried about mitigating losses and maximizing profits, this episode is perfect for you! Knowing and having the ability to walk away from deals is an investors strongest point. But if you don’t have these tools it could actually not be ‘walking away’ but instead losing deals because of real estate ignorance!
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About The Author
Bill Hawthorn
After flipping over 100 houses, Bill Hawthorn has decided to share the 12 years of expertise with the world through this blog and through his website at flippinghousesforrookies.com