Episode: Flipped, Fumbled, and Fighting to Close
Hosts: Kyle Fernandez, Brian Preston, David Ounanian
Episode Summary:
In this episode of Elevate and Execute, the team dives into the chaos of a recent flip deal gone sideways, highlighting the importance of knowing your contracts, preparing for worst-case scenarios, and navigating real estate deals with confidence. From over-the-top inspection requests to last-minute buyer fallout, they share a real-world story of how one seller nearly lost everything (and what they did about it).
They also discuss the tricky legal gray areas of lease-option buyers, final walkthrough issues, and how storms, yes, literal tornadoes—can derail closings. Full of lessons, war stories, and hard-earned advice, this episode is a must-listen for flippers, agents, and real estate investors.
What You’ll Learn:
Notable Quotes:
“You’re not the buyer, so why are you calling me?”
“He planned to make $20,000 on the flip. Now he’s just hoping to break even.”
“Real estate: just when you think you’ve seen it all, a tornado hits your listing three days before closing.”
“If you're writing contracts, you better know what you're doingor be working with someone who does.”
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