The information contained in this post is not to be relied upon.

Thank you for the information.

PM me if you want Elaine's contact information.

The information contained in this post is not to be relied upon.

If I wanted more information, I'd call some of the rental units for sale, property managers, and real estate agents in the area to get a pulse on what's going on down there.

If I knew that I wouldn't be here, I'd day-trade on that information (stock ticker $MBB, for example, it's an ETF, so it functions as a stock, you can short it, or buy puts, etc) and be a billionaire well prior to Q1 2025!

1. overestimate ARV2. underestimate repair costs3. trusting contractors4. doing anything DIY or without permits5. not counting holding costs, especially with hard moneyThose are five common ones.Hey Jonathan, thanks for reviewing the five most common mistakes beginner flippers make; very helpful information!

------------------------------------------------------------------------------------Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

DM me if you need more information.

It's not the reality for most and if more beginner investors had the correct mindset they would make better and more informed investment decisions.