A serious DIY land flipper should budget around $1,500 per month for expenses. The video breaks down common costs and emphasizes the importance of risk mitigation, determining your runway, and understanding what affects when you'll land your first deal.
Again, that's recapping the most common expenses within the land flipping space. And if we were to total all that up, I'm going to estimate $1,500 a month is what you are going to be working with if you're planning to do this yourself and you are taking it seriously and you have some capital to work with. Now, when it comes to risk mitigation and how long of a runway that you need and when you are most likely going to get your first deal, tons of variables that come into play there. So definitely start thinking about that if you are looking to get into the land flipping space. Think about potential business partners as well that compensate skill sets. So hopefully you guys found this helpful, and I'll see you in the next one.
How Vincent made $76,000 in profit with High Ticket Land Flipping while working a 9-5
