Profit or Loss: Lessons Learned from the 3 Worst Deals | EP. 4

When investing in a property, you naturally expect to make a profit. But what if you mess up and lose money instead? In this episode, Sam and Lucas share the three worst deals that almost made them quit! Good thing they didn't. And now they're here to warn others about those mistakes and how to avoid them. They also talk about the lessons they learned in the process and how embracing failure can help you succeed. We’re giving away 2, all-inclusive sets of tickets for a full day and night with us worth $10-20,000! Get the chance to fly from anywhere in the country to our office in St. Louis and spend the entire day with us, plus a little dinner on the side, before we fly you back the next day. Enter to win here. “Failure is a prerequisite to success.” - Sam PrimmIn this Episode:- How Sam and Lucas lost $30k on a project (and why should always consider the layout and functionality of the house).- Spending too much on a rehab project without considering the market valuation in the neighborhood.- A property staging that didn't go well.- Why creating value in a tenant-occupied property is very challenging and not ideal for a BRRRR strategy?Resources:- Rental Webinar MasterclassConnect with Sam and Lucas:- Website- Instagram- Facebook- LinkedIn- YouTube- TikTok