For my flipping business, I prefer to use fewer software programs to streamline things.

Up to that point, most of my portfolio consisted of heavy rehabs — profitable, but always full of surprises and ongoing maintenance.With new construction, I quickly realized a few things:The builds were more systematizable than rehabs — easier to repeat and scale.Maintenance and CapEx costs have been almost zero outside of normal turnover.Tenants love that they’re getting a “new” house — fewer headaches for everyone.This year we’ve been leaning into it hard.

Other thing to note: I am ok with waiting a couple months to fill these vacancies, but by then it will be mid-winter (not that big a deal in Raleigh) but I understand there are probably fewer applicants during that time.She got into an accident, so she stops paying her loan?

Fewer still actually show-up to deliver the value in-person. 

The Anecdote: In 1929, during the height of the bull market, Kennedy was getting his shoes shined when the young boy shining his shoes began offering him stock tips and discussing the market with confidence.The Realization: Kennedy reasoned that if a shoeshine boy had an opinion on stocks, the market had become dangerously popular and saturated with inexperienced investors.The Action: He supposedly decided to sell off his significant stock holdings shortly before the Black Tuesday crash in October 1929, thus preserving his family's fortune and profiting from the subsequent decline.

This is one of the most dangerous things you can do as a flipper, especially in up-and-coming areas.Rehab costs are drastically underestimated.

Faster adjustments mean more tours in week one and fewer stale days.

But the term of the agreement determines the danger period.

With three or fewer rented, you likely can't cover operating costs, guaranteeing lower cash flow.Investor do not sell performing assets: In 17 years I’ve yet to see a multifamily investor sell a performing multi‑family property.

But the first time your stung for this U get the picture.. just another reason working with wholesalers is dangerous.. with a realtor commish is out of proceeds and those dollars are covered in the event of a title claim