S5E29: Top Mistakes to Avoid When Flipping Houses--Investor Shed Podcast

2025-10-09

Join hosts Nick Beveridge and Jeremy Kitchen on the Investor Shed Podcast as they dive into the 20 most common mistakes house flippers make—and how to avoid them! From underestimating renovation costs to overpaying for properties, ignoring market research, and choosing the wrong partners, this episode is packed with real-world insights from their own flipping experiences. All advice is vetted for accuracy to ensure you get reliable, actionable tips. Whether you're a seasoned real e...

Join hosts Nick Beveridge and Jeremy Kitchen on the Investor Shed Podcast as they dive into the 20 most common mistakes house flippers make—and how to avoid them! From underestimating renovation costs to overpaying for properties, ignoring market research, and choosing the wrong partners, this episode is packed with real-world insights from their own flipping experiences. All advice is vetted for accuracy to ensure you get reliable, actionable tips. Whether you're a seasoned real estate investor, a real estate agent, or a small business owner looking to break into house flipping, this episode will help you save time, money, and headaches. 🛠️💡

Key Takeaways:

Avoid Costly Budget Blunders: Learn why underestimating renovation costs is the #1 mistake and how to build a realistic contingency plan.
Buy Right: Discover the 70% rule to ensure you’re not overpaying for properties and securing profit from day one.
Market Research Matters: Understand local demand, buyer preferences, and competition to avoid deals that could sit on the market.
Project Management Tips: Streamline your flips with efficient planning, reliable contractors, and aligned incentives.
Don’t Skip Inspections: Save thousands by addressing issues before they scare off buyers.
Curb Appeal & Staging: Learn why neutral colors, clean finishes, and proper staging can make or break a sale.

Nick and Jeremy share candid stories of their own flipping successes and failures, including lessons from over-leveraging, bad partnerships, and market misjudgments. This episode is a must-listen for anyone looking to flip houses profitably in today’s market. Tune in for actionable advice to boost your real estate investing game! 🚀

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