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Rehabbing & House Flipping

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Andrew Taylor
  • Contractor
  • Magnolia, TX
154
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279
Posts

How often do you actually LOSE money on a flip?

Andrew Taylor
  • Contractor
  • Magnolia, TX
Posted Dec 15 2018, 17:35
Doing a little soul searching on a long road trip this weekend, and it occurs to me that I'm afraid of failing at flipping houses. My question is, should I be afraid of actually losing money? Or should I be afraid of not making as much money as I expected to? It's a subtle difference, but a meaningful one. I've got lots of background in the industry, and completing the projects doesn't worry me - but accurately predicting ARV's and therefore expected profit concerns me quite a bit. Just wondering what everybody else's experience has been. Thanks in advance for your input.

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