Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 9 years ago,
Did you LOSE or MAKE money on your first flip?
It often gets quoted that "most people lose money on their first flip". Is this actually true? Or are we just saying that?
Now I realize asking active BP members might not be the most objective pole, I should also ask the ones who have given up because they lost money, but this is what we got.
So how bout it? Did you lose on your first one? How bad/good did you do?