Come walk through this flip with me—what looked like a quick win turned out to be a money pit wrapped in garbage bags and claw marks. We bought this house sight unseen at a foreclosure auction, and today I’m walking the property for the first time. From rotted floors and animal damage to collapsing decks and trash-filled outbuildings, this place is way worse than expected. But with a solid location, 2.5 acres, and a potential $150k profit on the line, we’re still moving forward. Here’s everything we found—and what it’s going to cost us.
Timestamps:
0:00 – First Look at the Property 0:43 – Initial Cleanup & Exterior Condition 1:52 – Flooring Nightmare & Structural Concerns 3:30 – Bathroom & Bedroom Surprises 5:02 – Small Master Issues & Functional Obsolescence 5:53 – Kitchen Evaluation: Gut or Save? 7:34 – Roof, Windows & Major Exterior Problems 9:34 – Outbuildings Full of Trash & Hazard 12:07 – The Numbers: Purchase Price, Rehab Estimate, and ARV 13:27 – Septic, Well, and Unexpected Risks Ahead
More about me: I’m a House Flipper and Real Estate Investor who is actively doing deals each and every day. This channel is going to give you an inside look alongside me in the trenches! Your going to see The Good, The Bad and The Ugly when it comes to real estate investing AND you will learn some cool stuff along the way TOO! I started my career in Real Estate Investing in 2010. I was a young 23 year old with no college education or real estate experience. Over the next 7 years I built a successful House Flipping business and became a millionaire by the age of 30. Fast forward to present time and I continue to grow my House Flipping business each year and I have built up a rental portfolio that’s valued at 30MM.
