Hey everyone, hope you're all doing great!
I just wanted to share a quick thought with my fellow real estate flippers. We all know that house flipping can be a highly profitable business, but let’s be real—it’s not always smooth sailing. Finding good deals, managing renovation costs, and selling properties at the right price can be challenging.
That’s why I want to ask: Do you have something backing up your financial stability?
Personally, even if I go months without selling a flip, I’m still financially secure because I invested in a side hustle that brings me no less than $3,000 in weekly profit. But I’ve noticed that many flippers rely solely on their next sale, and when the market slows down, they struggle financially. That cycle shouldn’t be the norm.
I strongly urge everyone in this space to have a backup plan. Flipping houses is great, but long-term financial stability is even better.
Big shoutout to the admin for creating such a valuable community.
What do you guys think? Would love to hear yo ur thoughts!