What’s your biggest lesson from flipping? Let’s talk strategies!

Fix & Flip: Lessons Learned & Strategies That Work

Hey BP Community,

I focus on sourcing and selling distressed properties to flippers, and I’ve learned a few key lessons along the way:

1. Buy Right – Overpaying kills deals. I always analyze ARV, repair costs, and holding costs before presenting properties to investors.

2. Move Fast – Good deals don’t last. Investors who hesitate often miss out.

3. Contractors Matter – The wrong team can wreck a flip. How do you find and manage reliable contractors?

4. Have an Exit Plan – If a flip doesn’t sell, can it work as a rental? Always have backup options.

What’s your biggest lesson from flipping?