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11min chapter
858: Real Estate Gone Wrong: The House Flip That Fell Over (-$380K) w/James Dainard
BiggerPockets Real Estate Podcast
Lessons Learned from a House Flipping Project
The chapter discusses challenges faced during a house flipping project, including additional costs due to re-permitting a new house instead of renovating the existing one. The speaker reflects on the importance of structuring terms upfront, avoiding debt costs, and staying within construction plans during a flat market, while emphasizing the need to adapt and stay resilient in real estate investing.
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