Extreme HOUSE FLIPPING Challenge! Can We Transform Squatter Houses into Duplex’s?
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- čas přidán 12. 03. 2024
- Welcome to the ultimate Extreme HOUSE FLIPPING Challenge! Join us as we embark on a thrilling journey to see how much it would cost to transform squatter houses into stunning duplexes to build out our real estate investment portfolio.
In today's episode, we confront the daunting task to fix and flip two severely distressed properties or DISASTER HOMES! However, upon inspection, the extent of the damage is so severe that tearing them down becomes the only viable option as these are not a fixer upper.
But fear not! We're not backing down from this challenge. Instead, a brilliant idea emerges - why not build two duplexes or even a 4-plex in their place instead of renovating them and doing house flips? Watch as we tackle the obstacles head-on, turning adversity into opportunity with our innovative approach to house flipping. Don't miss out on the excitement and inspiration - hit that play button now!
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Hell yeah nice to see Joe in the video! LFG Spark Lending 🙌🏼
Hard Money!!
Enjoy watching your progress. Great help to me.
Got your team there!
oh ya they have been great
Love the videos sir. Tip: Wear pants when walking through properties. Maybe boots as well 🤙
Will be following the progress! Awesome video
Thanks! Just started my 2nd flip so going to document that!
This is cool, where out in Texas are you mainly searching?
Been in the construction field all my life and trying to move up to these type of projects!!!
Keep the cool vids up!!
Houston area! Appreciate the kind words homie!
Great video
thanks homie!
I remember these on Facebook, did you pickup this project?
nope in fact i saw them again from other wholesalers. I think they got it under contract and then they raised the price even more!!! crazy game and nobody is buying those for more than land value
Subdivision into 3 lots if possible then build 3 rentals
I heard Freeport and Louisiana.. where is this ?
Where are you from? What state?
Im in Texas!
Hey, love your videos. Just moved to Oklahoma from Uganda and I always wanted to start investing in real estate back in my country but the economy is not worth investing in. So me moving here and my dad being a real estate agent for more than 10 years is a great opportunity. By the way I love how transparent you are. Though I do have a question about something you haven’t talked about I don’t know if you can or allowed to but, after a house is sold what happens. Who gets paid how much do you get in percentage. What happens to the amount of money that’s financed all that and how are you able to continue borrowing with debt pleas this would help. Thanks
I understand the whole idea of ARV-expenses(for purchase and Reno) but you talked about monthly payments and I don’t understand why you have monthly payments if you’ve got the money to payoff what you borrowed. Maybe there’s something I’m missing.
How are you building anything that will not fall down for that price. In the midwest construction starts are $150/ft for crap.
Because he’s partnering with his contractor. So I assume the estimates the contractor threw out would be to build at cost.
Get a bee keepers suit
they will eat through the screen hahaha
Looks like , he has to buy the whole block .. smh