Episode #1290 Baselane: Automate your rental cash flow for a chance to win $10K plus BiggerPockets Pro members get a free upgrade to Baselane Smart. Sign up now 👇: https://www.baselane.com/bp Baselane is a financial technology company and is not an FDIC-insured bank. Banking services provided by Thread Bank, Member FDIC. NO PURCH. NEC. Open to legal residents of 50 US/DC, 18+ & are landlords/real estate investors. Void where prohibited. Ends 9/30/26. Subject to Rules/free entry method: https://www.baselane.com/10K-terms *Anyone can flip a house after hearing this episode.* If you’ve got around 30 minutes and want to make a faster return on your money than rental properties, this is how you do it. And this isn’t just hype—*Dave* is putting this knowledge to the test, *flipping his first house* with the help of *expert house flipper James Dainard.* *James has flipped over 4,000 houses,* has made more mistakes than almost any house flipper on the planet, and *knows exactly what to buy, what not to buy,* and how to turn an average, outdated home into a top-seller with six-figure profits. If you’re a beginner, you’re in luck—James is breaking down *everything a beginner needs to know* when *buying, budgeting, fixing, and selling* a house flip in 2026. We’ll get into it all— *why house flipping still works in 2026,* the best properties to flip for beginners, the *red flags to avoid* (unless you’re very experienced), *Dave’s actual first house flip numbers* (with examples), *how to protect yourself* in a bad market, and what to do when costs rise faster than you anticipated. *Give us 30 minutes, and you’ll be ready to try your first house flip.* Episode Show Notes: https://lnk.to/biggerpocketsYT Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media 🎉Join us at the BiggerPockets Conference October 2-4 in Orlando. Buy tickets: https://biggerpockets.com/bpcon2026 Let Us Know What You Thought of the Show! https://www.BiggerPockets.com/Podcastfeedback Grab James’s Book, _The House Flipping Framework_ : https://store.biggerpockets.com/products/the-house-flipping-framework?utm_source=youtube&utm_medium=description&utm_campaign=none Sign Up for the Investor Brief Newsletter: https://www.biggerpockets.com/email-subscribe?utm_source=youtube&utm_medium=description&utm_campaign=none Find Investor-Friendly Lenders: http://biggerpockets.com/findlenders Flipping Houses: How to Get Started and Everything You Should Know: https://www.biggerpockets.com/guides/how-to-flip-houses?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with James: https://www.biggerpockets.com/users/jdainflips?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Dave: https://www.biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none 0:00 Intro 1:56 Why Start House Flipping? 3:45 Best Properties for FIRST Flip 6:22 Beginners - AVOID This 10:05 Sponsor: Baselane! 11:14 Perfect First Flip Example 15:14 Can You Flip Cheap Houses? 19:26 Bad Market? Protect Yourself! 24:30 The Team Members You Need 26:51 Staying On-Budget (as Costs Rise) 29:58 Best Advice for New Flippers 33:05 James and Dave on TV!