http://www.adbraganca.org/index.php/2008/04/29/managing-money-during-a-flip/ International & Domestic Property Sat, 13 Feb 2010 17:45:43 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.adbraganca.org/index.php/2008/04/29/managing-money-during-a-flip/comment-page-1/#comment-540 Insurance Home Inventory Sat, 27 Dec 2008 10:06:23 +0000 http://www.adbraganca.org/index.php/2008/04/29/managing-money-during-a-flip/#comment-540 Ya I do agree with your thoughts and especially that Money management during any real estate investment venture is an essential skill.Many thanks for this informative post .I got many new things from this post. Ya I do agree with your thoughts and especially that Money management during any real estate investment venture is an essential skill.Many thanks for this informative post .I got many new things from this post.

]]> http://www.adbraganca.org/index.php/2008/04/29/managing-money-during-a-flip/comment-page-1/#comment-291 Illinois Realtor Sat, 03 May 2008 06:06:44 +0000 http://www.adbraganca.org/index.php/2008/04/29/managing-money-during-a-flip/#comment-291 Money management is perhaps the top reason for flip-failure in all the cases that I've been involved in that haven't been sucessful. Usually it isn't the unforseen that kills the budget - it's the flipper's own tastes and unwillingness to "leave it alone" if it doesn't need to be fixed. Many novice flippers become "attached" to a project and that's usually the first step down the wrong path. A flip needs to be seen always as an investment. Start making decisions based on "taste" or out of a desire other than making a profit and you're entering dangerous territory as a real estate investor. Money management is perhaps the top reason for flip-failure in all the cases that I’ve been involved in that haven’t been sucessful. Usually it isn’t the unforseen that kills the budget – it’s the flipper’s own tastes and unwillingness to “leave it alone” if it doesn’t need to be fixed. Many novice flippers become “attached” to a project and that’s usually the first step down the wrong path. A flip needs to be seen always as an investment. Start making decisions based on “taste” or out of a desire other than making a profit and you’re entering dangerous territory as a real estate investor.

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