Comments on: The Most Dangerous Game: Rehabbing to Flip http://www.biggerpockets.com/renewsblog/2008/02/18/the-most-dangerous-game-rehabbing-to-flip/ Learn, Network, Invest Sat, 11 Feb 2012 20:37:50 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Is Your Significant Other On Board With Your Hare-Brained House Flipping Scheme? BiggerPockets Investor's Corner | REALTOR.com® Blogshttp://www.biggerpockets.com/renewsblog/2008/02/18/the-most-dangerous-game-rehabbing-to-flip/#comment-102298 Is Your Significant Other On Board With Your Hare-Brained House Flipping Scheme? BiggerPockets Investor's Corner | REALTOR.com® Blogs Sat, 11 Feb 2012 00:52:35 +0000 http://www.biggerpockets.com/renewsblog/2008/02/18/the-most-dangerous-game-rehabbing-to-flip/#comment-102298 [...] Managing the risk is no easy task, but it can and must be managed and minimized. I don’t say all of this to scare you, but rather to let you know that we all deal with this fear when getting started. This fear keeps most people on the sidelines. For those of us that have worked through several deals, we must keep a level head and not get overconfident. The moment we write off the risk and assume that we can do no wrong is the moment we set ourselves up for a big fall. [...] [...] Managing the risk is no easy task, but it can and must be managed and minimized. I don’t say all of this to scare you, but rather to let you know that we all deal with this fear when getting started. This fear keeps most people on the sidelines. For those of us that have worked through several deals, we must keep a level head and not get overconfident. The moment we write off the risk and assume that we can do no wrong is the moment we set ourselves up for a big fall. [...]

]]> By: Rick Marnon, Brightonhttp://www.biggerpockets.com/renewsblog/2008/02/18/the-most-dangerous-game-rehabbing-to-flip/#comment-54726 Rick Marnon, Brighton Thu, 21 Feb 2008 16:57:06 +0000 http://www.biggerpockets.com/renewsblog/2008/02/18/the-most-dangerous-game-rehabbing-to-flip/#comment-54726 I know that there are a number of successful investors out there, but in Michigan right now is not the time to try and flip homes in Michigan. We are considered a declining market, and mortgages are getting even tougher to push thorough. Good luck to all investors. I know that there are a number of successful investors out there, but in Michigan right now is not the time to try and flip homes in Michigan. We are considered a declining market, and mortgages are getting even tougher to push thorough. Good luck to all investors.

]]> By: James Orrhttp://www.biggerpockets.com/renewsblog/2008/02/18/the-most-dangerous-game-rehabbing-to-flip/#comment-54723 James Orr Thu, 21 Feb 2008 15:44:15 +0000 http://www.biggerpockets.com/renewsblog/2008/02/18/the-most-dangerous-game-rehabbing-to-flip/#comment-54723 Yes, that is why I regularly recommend that new (and experienced) investors start by wholesaling property and stress the importance of limiting your risk. Yes, that is why I regularly recommend that new (and experienced) investors start by wholesaling property and stress the importance of limiting your risk.

]]> By: cyclinghttp://www.biggerpockets.com/renewsblog/2008/02/18/the-most-dangerous-game-rehabbing-to-flip/#comment-54688 cycling Tue, 19 Feb 2008 09:06:45 +0000 http://www.biggerpockets.com/renewsblog/2008/02/18/the-most-dangerous-game-rehabbing-to-flip/#comment-54688 you got that right, time is money and you'll gotta be fast to take advantage of what you can reap with the time that you havegreat article! you got that right, time is money and you’ll gotta be fast to take advantage of what you can reap with the time that you have

great article!

]]> By: Jackiehttp://www.biggerpockets.com/renewsblog/2008/02/18/the-most-dangerous-game-rehabbing-to-flip/#comment-54682 Jackie Tue, 19 Feb 2008 01:49:49 +0000 http://www.biggerpockets.com/renewsblog/2008/02/18/the-most-dangerous-game-rehabbing-to-flip/#comment-54682 The popularity of shows like Flip That House have made it look easy to buy, fix and resell a property. The reality is that is a RISKY business and many people loose a lot of money trying it. There are hundreds of better ways to make money RISK FREE with real estate. The popularity of shows like Flip That House have made it look easy to buy, fix and resell a property. The reality is that is a RISKY business and many people loose a lot of money trying it. There are hundreds of better ways to make money RISK FREE with real estate.

]]> By: thewild1http://www.biggerpockets.com/renewsblog/2008/02/18/the-most-dangerous-game-rehabbing-to-flip/#comment-54680 thewild1 Mon, 18 Feb 2008 22:33:25 +0000 http://www.biggerpockets.com/renewsblog/2008/02/18/the-most-dangerous-game-rehabbing-to-flip/#comment-54680 managing time and staying within your time frame is probably what loses people money the most. managing time and staying within your time frame is probably what loses people money the most.

]]> By: Santa Fe Real Estatehttp://www.biggerpockets.com/renewsblog/2008/02/18/the-most-dangerous-game-rehabbing-to-flip/#comment-54676 Santa Fe Real Estate Mon, 18 Feb 2008 19:39:47 +0000 http://www.biggerpockets.com/renewsblog/2008/02/18/the-most-dangerous-game-rehabbing-to-flip/#comment-54676 Great article... I think the practice of rehabbing to flip was infinitely more profitable and safe before the housing bubble burst. At this point, its almost crazy to think of taking on a project like that, despite the fact that there are so many foreclosures out there. Great article… I think the practice of rehabbing to flip was infinitely more profitable and safe before the housing bubble burst. At this point, its almost crazy to think of taking on a project like that, despite the fact that there are so many foreclosures out there.

]]> By: The Most Dangerous Game: Rehabbing to Flip | The Long List of Odysseus Medal Nominees | Realtors and real estate, mortgages, lending, investmentshttp://www.biggerpockets.com/renewsblog/2008/02/18/the-most-dangerous-game-rehabbing-to-flip/#comment-54675 The Most Dangerous Game: Rehabbing to Flip | The Long List of Odysseus Medal Nominees | Realtors and real estate, mortgages, lending, investments Mon, 18 Feb 2008 18:04:40 +0000 http://www.biggerpockets.com/renewsblog/2008/02/18/the-most-dangerous-game-rehabbing-to-flip/#comment-54675 [...] The Most Dangerous Game: Rehabbing to Flip, by Richard Warren. [...] [...] The Most Dangerous Game: Rehabbing to Flip, by Richard Warren. [...]

]]> By: Albuquerque Realtorhttp://www.biggerpockets.com/renewsblog/2008/02/18/the-most-dangerous-game-rehabbing-to-flip/#comment-54673 Albuquerque Realtor Mon, 18 Feb 2008 17:10:27 +0000 http://www.biggerpockets.com/renewsblog/2008/02/18/the-most-dangerous-game-rehabbing-to-flip/#comment-54673 You are probably best off if you can befriend a current successful flipper and "job shadow" them during a flip. You are probably best off if you can befriend a current successful flipper and “job shadow” them during a flip.

]]> By: Demotivatorhttp://www.biggerpockets.com/renewsblog/2008/02/18/the-most-dangerous-game-rehabbing-to-flip/#comment-54671 Demotivator Mon, 18 Feb 2008 13:49:12 +0000 http://www.biggerpockets.com/renewsblog/2008/02/18/the-most-dangerous-game-rehabbing-to-flip/#comment-54671 Hello, I read your tips. This really a good information. It will help me lot for my business. Thanks!! Hello, I read your tips. This really a good information. It will help me lot for my business. Thanks!!

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