Self-made celebrity real estate investor and host of Flip or Flop on HGTV. Teaching others the real estate investment business to build wealth and build the life they want to achieve happiness through success.
I always pick a buyer who provides a full mortgage pre-approval, proof of funds, as well as anything else needed to get a loan. So many times, I see offers with no pre-approval, no proof of funds, nothing.
Just because a house is a piece of junk doesn't mean it's a good flip. So it has to be at the right price. You never make your money when you sell—you always make it when you buy, and you've got to buy right.