A Cautionary Experience with a Flip and Why Knowing the Laws of Your State are So Important When Renters Are Involved

20/12/2024 11 min
A Cautionary Experience with a Flip and Why Knowing the Laws of Your State are So Important When Renters Are Involved

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Episode Synopsis

In this episode, Tim shares a cautionary experience about a recent deal that he closed that he initially planned to do as a flip. He bought the property from a tired landlord who was going to rehab the upstairs unit of a duplex, but ran into funding challenges because of a renter being in the property. He went ahead with the deal but shares his painful and stressful lessons so you can avoid a similar situation.

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