So I'm doing 3 flips at the moment, 2 are on the market and 1 is nearly finished on the refurb (terrible build team, don't get me started).

In one of my flips, I've had to reduce the price to less than I wanted, wait longer than what Facebook would have you think (ha!) and have learnt lessons from the feedback from people.

Flipping is so different to getting tenants in for rental, it's a very big commitment from people financially and emotionally, to buy a house. Not for us Property Investors though. That's not my target market, with a fully done up house though.

In this video I talk through my lessons from my first flip, how you can avoid them and what I'll be doing on future buy to sell projects.

• Plastering not wallpapering

• Creating a wow factor

• Checking end values with estate agents, not just sold prices

• Doing SQM analysis of comparables (also vital for BTLs)

• Focussing on the overall picture, not a few key swag places

However, this is one area and doesn't mean every flip will be like this, but lessons nonetheless.

For more information, my Podcast, FREE eBooks (including 18 pages on starting your own Podcast), see below:

https://youtu.be/UyNFuAknxp0

https://www.tej-talks.com

https://www.tejinvests.com = Investment opportunities

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