π Flipping a House in Austin, TX β Without Seeing It First (Part 1)
We bought this house in Austin without ever stepping foot in it first!
First thing I ran the numbers, saw it was a solid deal, and pulled the trigger! Its always about the numbers with these properties. Weigh out the risk vs Reward. Check Rents incase you are forced to pivot into a Rental if the flip doesnt turn out as planned. All of the Exits checked out to be a GREEN LIGHT! π¦β
In this video, I walk you through my full deal analysis! Show you what we paid for it, how i calculated Rehab Cost, I breakdown the numbers of our hard money loan and the fees, and had a ARV priced conservatively at $330,000. Its probably slightly higher but to be safe, i put $330,000 so if it ends up being higher its just better news then before π€©
and rehab game plan.
π³NEVER SEEING IT, AND BUYING IT 1ST
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No crew set up prior to walking in
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No contractors in place
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Finding Contractors and planning out the Rehab
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Negotiate cost with the contractors to get the best pricing
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Getting All of that done to begin the REHAB!
Right after landing in Austin, I hit the ground running β calling 25-35 contractors, interviewing them by trade, and building the team from scratch to get this flip done!
This is Part 1 of a full series showing the real process β from acquisition to sale at the very end so you can see what the PROFIT turns out to be! π₯
π Keep watching the series to see how I flip this house for profit.
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π₯ Want to learn how to do deals like this?
CLICK THIS LINK π https://www.skool.com/theone
Join my Skool Community! We have daily calls and tons of training material where i show you not only how to Fix and Flip properties, but also how to FIND THE DEALS!!
Wholesaling Real Estate is the BREAD before the butter! I've Wholesaled over 70+ properties in the last 9 months and inside of the Skool i dive deep into show you exact how to Start, how to get to an Elite level as a wholesaler and make $30k, $50k or even 6 Figure months and you can do it from anywhere!!
Keep checking out the videos and dont forget to Like, Comment and subscribe to the channel! β
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Last thing, TAKE ACTION!!
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