In this video, I'm taking you inside one of our latest house flips—from renovation to resale. I’ll walk you through the entire property so you can see exactly which building materials, finishes, and fixtures we used to attract buyers in today’s market—countertops, cabinets, hardware, lighting, flooring—you name it. We’re breaking down the real numbers: Purchase Price, Renovation Costs, After Repair Value (ARV), Closing Costs, Realtor Fees, Buyer Concessions and our Final Profit (and what almost cost us the sale) You’ll see before footage of the house while we're touring the property with my family, and the one big mistake I made that almost killed this deal. Learn how we save thousands using flat fee brokers, tub glazing, and renovation strategies that you can deploy today.
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00:00- Intro 2:10 - Lets' look at the neighborhood and the surrounding houses to see if the fellow home owners take care of their houses 4:55 - The first floor has new luxury vinyl plank flooring throughout, new kitchen and 1/2 bath with new paint 6:42 - We had to rebuild the entire deck out back 7:10 - Tee Tee falls down on the deck 7:40 - The back yard is the big reason some buyers didn't want to buy this house 8:47 - We replaced the kitchen cabinets and installed quartz countertops. We used black hardware and fixtures 11:20 - The 2nd floor has the communal bathroom for kids and guests, 3 bedrooms & a FROG(Finished Room Over the Garage, 1 primary bedroom along w/ primary bathroom 14:25 - We reglaze the shower to save thousands of dollars on bathroom reno 15:10 - Let's go back to the office and put the numbers on the black board 17:05 - The expense that really gets new investors in trouble is the holding costs and closing costs 20:06 - Some home buyers will need us to pay their closing costs 21:48 - What is our profit on this and how we recoup some of the expenses on this deal 24:50 - The only way flipping houses works is when you do a large volume of deals
