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What is the biggest misconception about flipping houses?

Answered independently in 3 episodes. Every line below is verbatim from the transcript, timestamped to the moment it was said.

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Tarek El Moussa - Real Estate Investor and Television Personality
The short answer

What the archive says

01The biggest flipping misconception is that money is made in the construction — it's made in the purchase price, so buy right and mistakes won't sink you. source →

02The biggest misconception in flipping is that you make your money from the construction; a bad house isn't automatically a good deal, and buying at the right price is what protects you when things go wrong. source →

In their words

What was actually said

It's okay You don't get to deal your first three months It's okay as long as you're practicing and as long as you're learning because over time No matter what just like riding a bike things are gonna start to click How what's the biggest and I know you go through this on flipping 101 but people get into flipping What do you think the biggest misconception is with flipping?
Tarek El Moussa · Tarek El Moussa - Real Estate Investor and Televisio (26:14)
The episodes

3 episodes answer this

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