EP 471 - The Biggest Mistake Flippers Make When a Deal Goes Bad Artwork

Collecting Keys - Real Estate Investing Podcast

In the 'Collecting Keys - Real Estate Investing Podcast,' seasoned Real Estate experts Mike DeHaan and Dan Austin discuss how to use Real Estate to create Massive Income not just Passive Income.

Real estate doesn't have to be a get-rich slow game, and by bringing over 500 successful deals worth of experience in three years, their episodes unpack the art of real estate investing, wholesaling, house flipping, and transforming properties into profitable rentals.

Listen as they share uncensored insights and strategies, from compelling guest interviews revealing personal journeys and finding off-market deals to in-depth deal analyses and the latest market trends.

Whether you're taking your first investment step or scaling up your portfolio, embark on your investment journey with the Collecting Keys podcast - where every episode unlocks a door that brings you one step closer to financial freedom so you can finally live the life of your dreams.

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Collecting Keys - Real Estate Investing Podcast

EP 471 - The Biggest Mistake Flippers Make When a Deal Goes Bad

December 23, 2025 • Mike DeHaan • Season 1 • Episode 471

What did you think of todays show??

Would you rather take a hit to your pride or your bank account? In this episode, find out how holding onto a deal too long can come back to bite you and your business. We dig into why so many deals are breaking down, why some investors are underwater and can't bring cash to closing, and why refinancing isn't always the fix people think it is.

Topics discussed:

Introduction (00:00)

The biggest mistake flippers are making right now (01:20)

The cost of holding onto a property too long (04:31)

Why wholesalers are struggling in this market (07:48)

New foreclosure trends and the cause (08:28)

Housing development and the myth of affordable housing (11:21)

How American spending has changed (17:49)

Urban sprawl and the loss of culture (19:43)

How urban development impacts city governments (25:09)

How Gen Z views wealth and home ownership (29:02)

Staying lean vs. having an in-person office space (31:49)