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

Listen or watch this episode on your favorite place

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

Listen to the Episode

Read the Transcript

Links from the Episode

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

https://collectingkeys.com/subto

If you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://collectingkeys.com/

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

Download the FREE 5-Step Guide To Generating Off Market Leads here: https://collectingkeys.com/resources/

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:

https://collectingkeys.com/

https://www.instagram.com/collectingkeyspodcast/

https://www.instantinvestorprogram.com/

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

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

Leave a Review

Leave a Reply

Your email address will not be published. Required fields are marked *

Learn to do Sub-To Transactions the RIGHT way — For FREE!

  • The Basics: We’ll start from the ground up, clarifying what subject-to transactions are all about.
  • Risk Management: You'll understand the risks involved and how to mitigate them correctly.
  • Deal Structuring: We'll cover how to set up deals that are fair for everyone - buyers, sellers, and investors alike.
  • Myth-Busting: You’ll learn the truths behind the common myths, straight from the trenches, and be provided with case studies that prove this works.

Sub-To Made Simple Master Class

from Collecting Keys Podcast

All For Just $199 FREE

By submitting your information, you agree to receive text messages (including SMS and MMS) from Collecting Keys Podcast. For more information, please refer to our Privacy Policy.
© 2023 Collecting Keys Podcast. All right reserved.

Want to attend the next Keys Con Event?

Fill out the form below to be notified about our next event.
By submitting your information, you agree to receive text messages (including SMS and MMS) from Collecting Keys Podcast. For more information, please refer to our Privacy Policy.