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Don't wing it. That's the core message from Ed in this illuminating episode of Demo to Dollars. For those stuck scrolling through Zillow dreaming of their first flip but paralyzed by uncertainty, this episode delivers the blueprint you've been searching for.

Ed tackles the most pressing questions from aspiring house flippers across the country. He dispels the myth that you need a contractor's license to flip houses while emphasizing the importance of building a professional team. "You're not building a job, you're building a business," he reminds listeners, encouraging them to focus on management rather than swinging hammers themselves.

When it comes to budgeting for rehabs, he provides concrete numbers—$35-50 per square foot for cosmetic flips and $65-100+ for full gut renovations—while stressing the importance of detailed scopes of work. "If you're estimating off vibes and gut instincts, you're gonna get smoked," he warns. This no-nonsense approach continues as he shares his biggest flipping mistake (trusting a contractor without proper documentation) and offers practical advice for part-time flippers trying to balance day jobs with renovation projects.

Ed also addresses whether today's high-interest environment is suitable for house flipping. His refreshing take? High rates scare off amateurs, creating opportunity for disciplined investors who "buy right, solve real problems, and stay disciplined." Just don't fall into common traps like overdoing rehabs, manipulating comps, or betting on market appreciation.

Ready to transform your real estate dreams into profitable reality? Follow Demo to Dollars wherever you get your podcasts and on TikTok for behind-the-scenes content. As Matthews reminds us, "The profit's when you buy, not when you sell." Now get out there and start flipping!

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CLICK HERE to learn more about our upcoming boot camp, Flipper Camp.