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Apr 14, 2019

We've all have heard, and even have said, Buy Low - Sell High but when it comes to fix and flipping homes there is only one of these that you have any control over. This week we chat about:

  • The market and selling is a tidal wave that you can't effect, it is a giant unwieldy beast that does what it wants
  • Justify into a higher sale price - can't be done
  • Don't over-rehab past the neighborhood norm
  • Price/sq ft - make sure it's a true comp
  • The best you can hope to do is sell at your ARV, but you can't blow past it
  • Stick to your numbers
  • Unraveling the sweater
  • Focus on high impact/low cost actions

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Follow Josh Koth and Jack Hoss on their journey towards financial freedom using the power of Real Estate through the REI Rookies Podcast (Real Estate Investing Rookies Podcast). We share our experiences as we acquire rental properties, build net worth, and work towards financial freedom. We are focused on creating wealth through conventional and creative real estate investing while improving our financial education. If you are a fan of Rich Dad Poor Dad by Robert Kiyosaki and Millionaire Real Estate Investor by Gary Keller or are looking for an alternative to the Dave Ramsey, Jim Cramer, Motley Fool or Suze Orman shows we invite you to subscribe today!