From Fear to Flipping: Lois's Journey Through House Renovation Challenges
Description
What happens when your contractor disappears to Brazil with your deposit money? How do you recover when your "simple" $10,000 renovation balloons to $30,000? Lois takes us behind the glossy before-and-after photos to reveal the messy, beautiful truth about house flipping.
With a background in mortgage financing, Lois understood the numbers side of real estate but hesitated to jump into investing because "it was just too scary." That changed when she joined our community and took action—purchasing her first flip within 90 days. What followed was a journey filled with unexpected challenges, powerful lessons, and remarkable personal growth.
Her candid account of breaking even on her first flip and losing money on her second provides invaluable insights for both novice and experienced investors. From foundation issues that turned out to be simple drainage problems to the emotional high of transforming neglected properties into beautiful homes, Lois shares the unfiltered reality of house flipping. She explains how she discovered she's not risk-averse but "calculated risk friendly," and how this mindset shift transformed her approach to both real estate and life.
Beyond the financial details, Lois reveals the profound personal satisfaction she finds in the transformation process—putting herself in the buyer's shoes, making thoughtful design choices, and giving houses a chance at a new story. Her journey parallels her other surprising life adventures, including joining a college marching band in her fifties and becoming an ultra-runner in her forties after never considering herself athletic.
Whether you're contemplating your first investment or recovering from a challenging flip, Lois's story reminds us that success isn't measured solely by profit margins but by courage, resilience, and the willingness to keep showing up. As she wisely notes, "It's amazing what happens if you just take little steps forward. You'd be shocked at what might happen if you do that."
GOODIES
1. THE book on women flipping houses is here! Click here to grab the digital download of my new book for just $4.99! Just as everything else we do is different, so is FLIPPED: Lessons and Stories of Women Flipping Houses and Facing Their Fears.
2. Sick of sitting on the sideline watching other people do the thing you want to be doing? Are you FINALLY ready to do what it takes to flip your first house and want incredible step-by-step training and support to get you there faster? Click here to see if we may be a fit to work together.
3. Follow That Flip! Follow this 8-part video series as we flip a house!
4. Our goal is to inspire 1,000 new women each month and we've been achieving it with help from loyal listeners like you! If you are getting value out of this podcast will you kindly leave us a rating and review and help us spread our message?
5. Are you a real estate agent tired of chasing the same potential clients as everyone else? Sick of the roller coaster commission? Get the REI Agent Pro Certification! Click here for info and to join the waitlist.
The Flipsisters
Leaving people and places better than we find them.