67. The Flip that Flopped

Flips that flopped may seem like a thing of the past in this market with fast appreciation. But what happens when you gotta dig into your own pocket to sell a flip? This week’s horror story with James Ledbetter is an expensive lesson in partnerships, flipping, understanding the market, and contracts. In This Episode You’ll Learn:How to properly vet partners so you’re prepared for the good, bad, and uglyWhy all contracts are not made equallyThe risks of jumping from one exit strategy to another⬇⬇⬇// RESOURCES:Get 10% off the template shop this week with code “PODCAST”Download my free legal checklistDISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones Real Estate Investing are educational and informational only. The information discussed here isn’t legal advice and isn’t intended to be. The information you listen to here isn’t a substitute for seeking legal advice from your own attorney © 2021-2023 Bonnie Galam LLC | All rights reserved | Any use of this intellectual property owned by Bonnie Galam LLC may not be used in connection with the sale or distribution of any content (free of paid, written or verbal), produce, and/or service by you without prior written consent from Bonnie Galam LLC