BiggerPockets Money Podcast · Tuesday, September 1, 2026
Despite admitting to making mistakes on his first real estate flip, Nick Morales reported an $80,000 profit. The deal involved a 1,000 square foot, two-bedroom, one-bath property that took seven months to renovate.
“I did a terrible job on my first one. My dad went out there and was like, what are you doing? And like, this is so bad. This contractor was screwing me over. And I didn't know what I was doing on my first one. But I fixed it all. We got it all fixed and I was able to sell it.”
“I think I made $80,000 profit on that first one.”