First-Time Flippers, Rehab Budgeting, Iowa Real Estate, Fix And Flip Financing Episodes

A four-line scope of work with $22,000 next to the words "general remodel": is that a plan, or a guess with a decimal point? First-time flippers in the Des Moines metro rarely blow their budget on closing day. It happens three weeks into the rehab, when the money's half gone and the surprises start showing up. Neil Timmins walks through the five mistakes he sees on repeat, from a Beaverdale bungalow that looked like a cosmetic flip until galvanized pipe turned up behind the bathroom vanity...