Flipping houses is becoming an increasingly popular method of making money in America. It’s led to pretty fierce competition in the low cost housing market and caused the home remodeling industry to thrive in recent years, but the practice isn’t for everyone. Knowing how to flip a house isn’t just about knowing a few secrets to flipping houses; it’s also about knowing the fundamentals and what not to do when you’re flipping a house. Here are three common mistakes that inexperienced house flippers make that you should avoid.
Thinking of yourself
One common mistake that beginner house flippers tend to make is that they get personal with the flip. It’s tempti