FF 46 – Major Lessons from Mike’s First House Flip

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Show Notes

There’s no education like the mistakes you make from flipping your first house. This was our host Mike DeHaan’s experience where he learned his most important lessons going in blind when flipping his first house. There will always be things you can’t control when flipping houses because you don’t know what you don’t know, but by trial and error, you can really dial in on your due diligence and what to look for.

However, since Mike has made most of the mistakes already, and learned the hard lessons, he wants to make your life a little easier by sharing what he learned from flipping his first house. In today’s episode, you will hear how Mike decided to flip his first house and all the major lessons he learned along the way. You will get an in depth look into specific mistakes, that if avoided, will save you a ton of money and heartache, so you don’t want to miss this one! Tune in for this and more!

 

 

Topics discussed in this episode:

  • How Mike started flipping houses with a partner with no experience
  • What Mike and his partner failed to realize on their first flip
  • Extra costs that weren’t accounted for
  • You don’t know what you don’t know
  • Lessons learned the hard way
  • Appreciation for the lessons learned
  • Important takeaways

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Links from the Episode

Check out the FREE Collecting Keys “Sub To Transactions” Master Class!

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Check out the Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeys.com/

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If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://collectingkeys.com/keyscon-2023/ and see if you are a good fit for the mastermind group!

Collecting Keys Podcast Resources:

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https://www.instantinvestorprogram.com/

https://www.instagram.com/mike_invests/

https://www.instagram.com/investormandan/

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