• They hire a bad contractor that doesn't finish the job
• The contractor does terrible work and the house won't sell (or rent)
• The contractor takes twice as long (or longer) to finish the house
• Their holding costs (due to running over the time budget) destroy the profits
• They have a dispute with the contractor and the contractor sues them
• The contractor places a lien against the house which stalls the sale
• The contractor gets hurt on the job (their own fault) and sues the owner
• The city puts a stop-work order on the house for not following procedures
• The contractor "change orders" them to death and doubles the labor cost
• The contractor takes the start-up money and disappears

Listen, I have done over 2000 rehab projects over my 14 plus years as a real estate investor. I've seen it all.

You have to protect yourself against bad contractors and arm yourself with the knowledge of how a rehab project should be done or YOU WILL BE TAKEN ADVANTAGE OF.

When you meet a contractor to bid a project he is feeling out your level of experience. If he feels he can pull a fast one he will.

You could do everything right and still lose money if you aren't armed with the knowledge I have learned in over 2000 rehab projects.

I have seen very smart, talented, experienced real estate investors lose $10,000, $20,000, $30,000, and more on ONE SINGLE PROJECT!

Are you ready to arm yourself with the knowledge that took me 14 years and 2000 projects to learn? (and I learned the hard way)...