It happened again today, we met with another enthusiastic investor.  This investor was so excited about finally having found a property to flip.  They were already spending their projected profit & the rehab had not started yet.  We sat down & started working together scheduling all the different task required of their rehab project.  After less than five minutes all the excitement of our client was gone & in it’s place was impatience & frustration.  Welcome to the sobering reality of real estate investing.

Many of our clients tell us the same thing over & over again “flipping houses…looks like so much more fun on TV”.  The “reality” of real estate investing, specifically “flipping houses” is there is a tremendous amount of planning that goes into getting from start to finish.  Many new & experienced real estate investors fail to plan.  Here is a secret about real estate investors:  just because they buy & sell houses does not mean they do it well.

Planning out your rehab is one of the most important aspects of investing.  Many so called “guru’s” try to sell you on how they have learned this or that new secret to flipping houses success.  Most of what they are saying is overblown hype.  You want to know how to achieve consistent, predictable results…..PLAN….Plan every aspect of the project.

For more details on how to create your plan for your flip…..email us globalflipper@gmail.com.