
Sign up to save your podcasts
Or
Send us a text
The critical mindset shift for successful house flipping is remembering "you will never live there," which prevents costly personal design choices that eat into profits.
• Personal preferences are the enemy of profit in house flipping
• Example: Early flip where custom tiles, maple cabinets and high-end fixtures cost an extra $18,000 without increasing sale price
• Success story: Competitor spent $52,000 on market-appropriate renovations and made $60,000 profit
• Buyers want a "blank canvas" they can personalize themselves
• Focus spending on kitchens, baths, and curb appeal where buyers notice
• Choose durable, mid-range materials that photograph well
• Keep colors neutral to appeal to the widest possible buyer pool
• Avoid personal taste, statement upgrades, trendy finishes, and features the neighborhood can't support in resale
Thanks for listening to Demo to Dollars. If today's episode helped you move one step closer to your first or next deal, do me a favor: Follow us wherever you get your podcasts so you never miss a show. I'm grateful to be part of your journey. Now get out there and get cracking.
Want to learn how to flip houses?
CLICK HERE to learn more about our upcoming boot camp, Flipper Camp.
Send us a text
The critical mindset shift for successful house flipping is remembering "you will never live there," which prevents costly personal design choices that eat into profits.
• Personal preferences are the enemy of profit in house flipping
• Example: Early flip where custom tiles, maple cabinets and high-end fixtures cost an extra $18,000 without increasing sale price
• Success story: Competitor spent $52,000 on market-appropriate renovations and made $60,000 profit
• Buyers want a "blank canvas" they can personalize themselves
• Focus spending on kitchens, baths, and curb appeal where buyers notice
• Choose durable, mid-range materials that photograph well
• Keep colors neutral to appeal to the widest possible buyer pool
• Avoid personal taste, statement upgrades, trendy finishes, and features the neighborhood can't support in resale
Thanks for listening to Demo to Dollars. If today's episode helped you move one step closer to your first or next deal, do me a favor: Follow us wherever you get your podcasts so you never miss a show. I'm grateful to be part of your journey. Now get out there and get cracking.
Want to learn how to flip houses?
CLICK HERE to learn more about our upcoming boot camp, Flipper Camp.