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Ep 5: Five First-Flip Mistakes Every Iowa Investor Makes

A four-line scope of work with $22,000 next to the words "general remodel": is that a plan, or a guess with a decimal point?

First-time flippers in the Des Moines metro rarely blow their budget on closing day. It happens three weeks into the rehab, when the money's half gone and the surprises start showing up.

Neil Timmins walks through the five mistakes he sees on repeat, from a Beaverdale bungalow that looked like a cosmetic flip until galvanized pipe turned up behind the bathroom vanity, to Norwalk flips where seventies-era plumbing keeps catching investors off guard.

Then there's the…

The skinny

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