An Investor's Journey

House Flipping Mistakes - Where's the Money?


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I'm going to share how it is that we track finances, so in the case we are over budget it will not matter!

I understand this topic isn’t sexy, but neither is losing money!

If you can’t seem to get yourself to care about managing your expenses, then you’re never going to actually grow or run multiple projects at once.

1️⃣ Track your spending

2️⃣ Get bids add 10%

3️⃣ Forward projections

4️⃣ Act with time

5️⃣ Rescheduling your contractors will cost more than your think

6️⃣ Extra funds for overages

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📢 ANNOUNCEMENT:

🗣 Get the Cheat Sheet! Text us "𝐓𝐑𝐀𝐂𝐊𝐈𝐍𝐆" 210-794-9898!

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⏰TIME CODES⏰

0:00 ✅ House Flipping Mistakes Where's the Money

1:50 ✅ Flipping Houses Series

4:11 ✅ Track your spending (materials, labor, holding costs)

4:47 ✅ Get bids add 10%

5:26 ✅ Forward projections

6:41 ✅ Act with time

8:20 ✅ Rescheduling your contractors will cost more than your think

10:48 ✅ Extra funds for overages

11:55 ✅ Doing more than 1 project at a time

14:18 ✅ CHEET SHEET

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Here's more on how to invest in real estate:

🚀 Stuck on what's Next?! Schedule a One-on-One with the Johns! https://courses.prymeacademy.com/StrategySession

🚨 Don't miss Coffee With The Johns LIVE every Friday morning at 8 am https://youtu.be/3az9E98z_ms

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An Investor's JourneyBy An Investors Journey

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