Entry Level House Flip - $220K Profit - Start to Finish, Before and After, Numbers & Takeaways

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  • čas přidán 26. 08. 2020
  • Entry Level House Flip - $220K Profit - Start to Finish, Before and After, Numbers & Takeaways
    This entry level house flip was the reason that I fell in love with entry level homes. The investment is smaller, but the demand is always there - perfect for house flipping beginners to get their feet wet.
    This video shows you this house flip start to finish, from how I got the deal off market at a discount, to the house renovation before and after, to the house flip numbers.
    Whether you are a beginner looking to fix and flip houses, or a home owner looking for inspiration for house renovation, this video is a must watch because it shows you the home flip start to finish.
    Watch this house flip before and after to see how we transformed this worst house on the block into a dream home in just 2 months of home remodel, how we managed to get 500 people through the open houses, and ended up making an 102% annualized return on this house flip.
    ~~~~~~~~~~~~~~~
    Join my program, Transform Flipper Academy, to learn to flip houses the right way. As a house flipper of 6 years, I've flipped over 50 houses with a six-figure profit on average. I hope to teach more people about the ins and outs of house flipping so they can get out of the rat race and achieve financial freedom like I did. Apply here:
    www.transformflipperacademy.com
    You can also purchase my book Flipping Houses Quickstart Guide on amazon:
    amazon.com/dp/1636100309/?tag...
    ~~~~~~~~~~~~~~~
    If you are looking to learn how to flip a house, subscribe to the channel as I teach house flipping beginners tips and tricks on how to flip houses.
    #houseflipping #realestatecoach #houseflipbeforeandafter
    Watch next: House Flip Before and After- $300K Profit from House Renovation & Garage Conversion
    • House Flip Before and ...
    Flipping Houses for Beginners Playlist:
    czcams.com/users/playlist?list...
    🔔 SUBSCRIBE for more House Flipping Tips & Strategies:
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    ❤️ SHARE this video with a friend:
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    ✅ RECOMMENDED videos:
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Komentáře • 308

  • @TransformRealEstate
    @TransformRealEstate  Před 3 lety +27

    Watch next: House Flip Before and After 2020 - $300K Profit from House Renovation & Garage Conversion
    czcams.com/video/BGwlfGNcRro/video.html

    • @benjaminlee193
      @benjaminlee193 Před 3 lety

      What an awesome job you did, love it! Seeing also that you did it with such a reasonable rehab cost. Can you share how you found a good contractor?

    • @YawenWang17
      @YawenWang17 Před 2 lety

      Great video. Can you make a video on how to work with the contractors to get the results that you want?

  • @julietruong
    @julietruong Před 3 lety +211

    Love how detailed this is, as not a lot of people share this much in depth. Really appreciate your honesty and knowledge!

    • @TransformRealEstate
      @TransformRealEstate  Před 3 lety +14

      I'm so happy to hear that! Let me know if you are interested in learning anything else :)

  • @lezkarma2324
    @lezkarma2324 Před 3 lety +122

    When i heard you bought it for 700k I thought a massive house since i live in Georgia but I forgot its in California

    • @zemmii
      @zemmii Před 3 lety +18

      Same! I was expecting a 6,500 Square foot house with a pool in the back. Lol

    • @PawsitiveKitty
      @PawsitiveKitty Před 3 lety +5

      South Carolina over here, and I DEFINITELY had the same thought lol

    • @adesinashineadeyemi8658
      @adesinashineadeyemi8658 Před 3 lety +1

      Lol same here...

    • @gabrielanthony1856
      @gabrielanthony1856 Před 3 lety

      @Student Blayson Aultman not in austin

    • @thejcfestra
      @thejcfestra Před 3 lety +2

      Lol, I live in L.A and sadly I expected this and was not surprised

  • @gabrielanthony1856
    @gabrielanthony1856 Před 3 lety +32

    I buy houses in the 10-40k range and sell for around 100-200k. I make around 70-100k in profit. I usually buy and fix around 10 a year.

    • @stallionmusic750
      @stallionmusic750 Před 3 lety +2

      Where in the country are you located?

    • @blavang95
      @blavang95 Před 3 lety +1

      How are you able to get so many houses just in a year? Do you get a big loan that covers them all?

    • @King-2077
      @King-2077 Před 3 lety +11

      I smell bs

    • @rodneykerley9391
      @rodneykerley9391 Před 3 lety +4

      where in the hell can you buy a house for 10k.

    • @monclercoat7814
      @monclercoat7814 Před 3 lety +6

      @@rodneykerley9391 probably detroit or something

  • @susanmark2000
    @susanmark2000 Před rokem

    So fresh and bright! Love it!

  • @origamibenjamin5582
    @origamibenjamin5582 Před 2 lety +1

    Thank you for so detailed information

  • @KeilyShhh
    @KeilyShhh Před 2 lety +1

    OMG, you are my new favorite channel on CZcams :)

  • @empyrliving3054
    @empyrliving3054 Před 3 lety

    very cool transformation!

  • @RadioNul
    @RadioNul Před rokem

    Nice solution on the tiles

  • @Omnamahshuvaya
    @Omnamahshuvaya Před 2 lety

    Fantastic video!

  • @moaudir
    @moaudir Před 3 lety +1

    Dayummmm love the transparency ! Keeping it real. Subscribed

  • @judith.corinne
    @judith.corinne Před 3 lety

    This is amazing

  • @mkanee
    @mkanee Před 3 lety

    I love your videos.

  • @kellypiepho
    @kellypiepho Před 3 lety

    Beautiful.

  • @parmjeetsingh9208
    @parmjeetsingh9208 Před 3 lety +5

    Yet i am 18 years old nd u r my teacher for next 10 years .. Great effort mam . Subscribed ❤

  • @singagestudio387
    @singagestudio387 Před 3 lety +1

    wow thats amazing....im a real estate investing as well im working on my First Flip....

  • @user-zz8xn1fm5p
    @user-zz8xn1fm5p Před 2 lety

    You so smart good luck with everything 😍😍😍😍

  • @williamalexander6130
    @williamalexander6130 Před 3 lety

    Oh yeah, that's dope

  • @wynterduh
    @wynterduh Před 3 lety

    love this!

    • @TransformRealEstate
      @TransformRealEstate  Před 3 lety

      Thank you! Glad to hear that! Let me know if you'd like to see anything else on the channel :)

  • @ismaeldelgadillo2828
    @ismaeldelgadillo2828 Před 2 lety

    I really like your video

  • @alissamaaliki5883
    @alissamaaliki5883 Před 2 lety +1

    Great content and very thorough….thank you

  • @Brother_Nature.
    @Brother_Nature. Před 3 lety

    wow wow wow....bravo.

  • @miraclestivender651
    @miraclestivender651 Před 2 lety

    Holy crap you made $220,000.00k in 3 months wow that's great. Man I'm ready to start my journey this Friday.

  • @realestatemotivated
    @realestatemotivated Před 2 lety

    Love it. Great Breakdown.

  • @priyangshudas6285
    @priyangshudas6285 Před 2 lety +1

    Loved it ! Thank you very much and can you pls also make some videos on what to keep in mind when Buying a first investment house for the first time.
    Just subscribed !

  • @mmandyyee
    @mmandyyee Před 3 lety +1

    Thanks for the information

    • @TransformRealEstate
      @TransformRealEstate  Před 3 lety

      My pleasure! Let me know if you are interested in seeing anything else on the channel!

  • @whatever5922
    @whatever5922 Před 3 lety

    Whoa so many details!! Thank you

  • @haiha8124
    @haiha8124 Před 3 lety

    . Thank you .

  • @SangHTX
    @SangHTX Před 3 lety

    Great video! 👍

  • @iamokay5676
    @iamokay5676 Před 2 lety

    Beautiful work!!! Can you please share the gray paint color on the living room walls? Thank you!

  • @francisanisetty0369
    @francisanisetty0369 Před 3 lety

    I love this job

  • @svddwd
    @svddwd Před 2 lety

    For living room what is preferred- Curtains or Faux Wood blinds? Please provide some input.

  • @jessicacaraway3482
    @jessicacaraway3482 Před 3 lety +3

    We bought a house here in rural Alabama about the same size and condition as this (only with more land) for 20k, put 2.5k into remodeling, sold it for 50k. It's crazy how different areas of the country have such a difference in price lol. My jaw dropped when she said 1,000,000😬. People probably make more money over there though.

    • @TransformRealEstate
      @TransformRealEstate  Před 3 lety +3

      Ha! I know in other parts of the country housing prices are much lower! Good for you that you got it all done for much cheaper! You are right that the margins here are better.

    • @maolo76
      @maolo76 Před 2 lety

      Yeah but how much is your salary per year? A two-income professional household in bay area California could make over $250k year. With 20% down...they can afford it. But yeah $1 million is expensive. Phuck California... lol.

  • @henrystrainsandmore3546
    @henrystrainsandmore3546 Před 3 lety +59

    I love this flip! I have never seen re-glazed tiles before but they look great!

    • @TransformRealEstate
      @TransformRealEstate  Před 3 lety +7

      Aww, thank you! Yeah, you can save so much money by reglazing the tiles :)

    • @jessicaanderson3455
      @jessicaanderson3455 Před 3 lety

      Is it a special paint for the fireplace reglaze?

    • @sonnywilson9125
      @sonnywilson9125 Před 3 lety +1

      Re-glazed is just another name for paint from home depot B.S.

    • @onthehill3381
      @onthehill3381 Před 2 lety +1

      We did this to bathroom tiles. It’s a really cheap fix that ends up a peeling mess. I do not recommend it,

    • @kennyhaselhorst7332
      @kennyhaselhorst7332 Před 2 lety +1

      @@onthehill3381 if you do it right with the right paint I have it one for 10+ years still looks good.

  • @pillyhere
    @pillyhere Před 3 lety +1

    I live in CA and in my area, a 700k house is beautiful, new and modern. That's insane.
    And that fireplace is hideous. lol

  • @lvtflooringstore7687
    @lvtflooringstore7687 Před 2 lety

    nice job

  • @vickinoeske1154
    @vickinoeske1154 Před 2 lety +7

    I've never seen another Utube channel where the house flipping process is so well explained. Very detailed.

  • @lindap.p.1337
    @lindap.p.1337 Před 3 lety

    It looks so much better. Amazing price!

  • @hyperfarriergaming3328

    Wow

  • @fredsalfa
    @fredsalfa Před 2 lety +7

    Congratulations on this flip. Could I ask how come sometimes you re-tiled bathrooms and other times you reglazed them? Does it depend on your calculations on what the after repair value will be? And all other calculations?

  • @pepestocks
    @pepestocks Před 3 lety +8

    Great video. I want to do my second flip this year.

  • @jayd3455
    @jayd3455 Před 3 lety +4

    I LOVE what you did with the house 😭😭

  • @DailyDDD
    @DailyDDD Před rokem

    Hi. Am new here and have any idea of flip. My question is: must you place furnitures when you renovate for sale?

  • @pamvirgin1652
    @pamvirgin1652 Před 3 lety +4

    I absolutely love this video!! I come from a medium-sized market in Northeast Arkansas and my mind is just BLOWN by the numbers you are working with. The exact same house in my city would sell for anywhere from $155,000 to $180,000. So while we are nowhere on the same playing field, I am learning a lot from you. God bless you and thanks!!

  • @justlivin1234
    @justlivin1234 Před 3 lety +1

    Hello, I am interested in flipping houses as well. I have the credit and a little money saved. I just need guidance on where to start. any ideas.

  • @streetdreamzgarage7170
    @streetdreamzgarage7170 Před 2 lety +1

    Very informative and detailed! Great flip!

  • @mdhossain7714
    @mdhossain7714 Před 3 měsíci

    what kind of utilities or insurance you paid? do you take the permit from the township or the contractor takes the permit?

  • @johnklin9383
    @johnklin9383 Před 3 lety +2

    Nice remodel for only $80k!

  • @chealamo4098
    @chealamo4098 Před 3 lety +2

    love the curb appeal💕first time to hear
    re-glazed tiles

  • @Anonymous-ji4sb
    @Anonymous-ji4sb Před 3 lety +1

    You look sooooooooooooooooo much like Miranda Cosgrove, that ICarly girl.

  • @lindap.p.1337
    @lindap.p.1337 Před 3 lety

    The homes are SO close together!

  • @ldangerb7962
    @ldangerb7962 Před 3 lety

    Entry level home be over a million dollars 😬😬😬😬 beautiful Reno, love love the open kitchen.

  • @dinacarroll9211
    @dinacarroll9211 Před rokem

    How do you know if the wall is load bearing?

  • @juliovelez2475
    @juliovelez2475 Před rokem

    Quick question, how is the business doing with this economy. How do you make up to accomodate to the economy.

  • @xinmeizhang5471
    @xinmeizhang5471 Před 3 lety

    You are a amazing flipper, great job, love it.

  • @nedwards2465
    @nedwards2465 Před 2 lety

    Those glazed tiles though 🤣🤣

  • @kentheengineer592
    @kentheengineer592 Před 3 lety +1

    Transform Real Estate could you walk me through what you do to derive the After Repair Value seems like a lot of people i've watched on youtube and talked to on linkedin and facebook don't know what they are doing and yet call themselves remodelers go figure anyway i would like to find out if you are different

  • @thebluewells9548
    @thebluewells9548 Před 3 lety +59

    Cali aught of be ashamed of itself.. $1.5 mil for those P.O.S houses??!!

  • @tonyarealtor
    @tonyarealtor Před 2 lety

    Great transformation! Thank you for sharing.

  • @chengkang20022002
    @chengkang20022002 Před 3 lety

    i live in Seattle. shocked by SF price tag.

  • @Hi-nh7wu
    @Hi-nh7wu Před 3 lety +4

    Was looking for a house flip video, couldn’t find any I like but this was exactly what I was looking for! Great quality, in depth definitely subscribing.

  • @user-vp4bi3sh8b
    @user-vp4bi3sh8b Před 5 měsíci

    Im interested in auctions foreclosures for flipping

  • @MrHerbertgraham30
    @MrHerbertgraham30 Před 2 lety

    How much did it actually cost to rehab the house (gutter, put in flooring, new kitchen, equipment, and labor, etc)??

  • @Ruvana
    @Ruvana Před 2 lety

    Hi thanks so much for your videos. I am trying to connect with you. How can I do that? i would really appreciate responding back.You're truly amazing!! I live the central valley ca

  • @DavidOldenburg1
    @DavidOldenburg1 Před 3 lety

    I'm impressed $220K profit! I flipped a house in 2 weeks a few years ago and made $160K profit, my biggest ever. This is a great video!

  • @cf43100
    @cf43100 Před 3 lety +3

    I love these type of videos! Great case study and breaking down he numbers.

  • @rjfisher7926
    @rjfisher7926 Před 3 lety +1

    This woman has such a wonderful personality. How does she not have her own HGTV show?

    • @TransformRealEstate
      @TransformRealEstate  Před 3 lety +1

      Haha, thanks! I’ve been contacted by some TV producers but they want to see partners with more drama, and I’m just a one woman show

  • @sgtlucifer6883
    @sgtlucifer6883 Před 3 lety

    Question: interior design or layout would be quite challenging for me. where would you suggest i find professional assistance with layout, color coordination, and all the sophistication that would make the difference? thanks.

  • @Akilan21
    @Akilan21 Před 3 lety +24

    I recommend getting a wide angled camera! But great video keep it up, thanks for being showing all the numbers !

  • @portlandval55
    @portlandval55 Před 3 lety +3

    Really great to see woman in the business end of deal creation. I have searched for channels like yours. I am a landlord but would like to do some flips. Thank you for the details of what you did. Very impressive work. Inspirational.

  • @carlobambi9035
    @carlobambi9035 Před 3 lety

    Great video! Very detailed

  • @iamreallytwiggytv8931
    @iamreallytwiggytv8931 Před 3 lety

    You did amazing! 😮

  • @wonholover1507
    @wonholover1507 Před 3 lety

    The end result looks so nice😍

  • @anniekong9740
    @anniekong9740 Před 2 lety

    Great work🙂 I’m looking to learn more!!!! 💕

  • @MrSaadia27
    @MrSaadia27 Před 3 lety

    how the school district matter so much with the long school social distance? I wondering if this has change in California. I Florida new construction is going very high and exciting houses are flying sold in less that 3 days.

  • @jj4fr
    @jj4fr Před 3 lety +2

    The after result was jaw dropping! It looks so good!

  • @asherlamping2118
    @asherlamping2118 Před 3 lety +1

    I love her videos, I think it’s amazing that she can sell houses for 1 million, where I like a house for 400k is super expensive

  • @neelgada4810
    @neelgada4810 Před 3 lety +2

    Hey, loved this video❤️. Can you make a video in the near future about the detailed process from buying a house and closing it?

    • @TransformRealEstate
      @TransformRealEstate  Před 3 lety +2

      Glad to hear that! That's actually the very next video I'm going to share lol. I read your mind :D

  • @lukem5962
    @lukem5962 Před 3 měsíci

    Did you need to put down 20-30% then pay 80k in rehab? How does that work?

  • @bigblue8986
    @bigblue8986 Před rokem

    What color are the walls ?

  • @onyx9857
    @onyx9857 Před 3 lety +2

    Just subbed. Love this level of detail. Great job with the house and the video.

  • @Crazyarchfiend
    @Crazyarchfiend Před 3 lety +1

    That fireplace and bathrooms are so ugly 🤢. But I'm glad you saved so much money!

  • @JeffLifeInReview
    @JeffLifeInReview Před 3 lety +4

    This was my first video of yours I watched. Nice job. I appreciate your thought to reglaze the tile. Never would have thought of that but it turned out great. Did you do it or hire some kind of company to do it?

  • @brendachen8427
    @brendachen8427 Před 3 lety

    Loved this video!! You completely transformed the house!! Beautiful

  • @JamesSmith-uc8nt
    @JamesSmith-uc8nt Před 3 lety +4

    Crazy a house like that where I live will be lucky to cost anything over 300k

  • @jwfonseca1
    @jwfonseca1 Před 2 lety +1

    Hi! How did you calculate the 26% projected profit? Great work!

    • @VeronicaGrimes_tc
      @VeronicaGrimes_tc Před 11 měsíci

      Hi @wfonseca1, How are you since your last post? If you ever need help with funding your transactions, I would love to be a resource for you. Please do not hesitate to reach out.

  • @1bieberfan2
    @1bieberfan2 Před 3 lety

    This looks like the street from malcolm in the middle lol

  • @flippinitrightfixnflip8150

    Love the quantity of detail in this video! Our team is flipping VERY successfully in Northern, CA. Our CZcams channel illustrates our success over multiple, multiple projects!

  • @happydays1336
    @happydays1336 Před 3 lety +1

    I love your videos but they can be hard to watch because the camera keeps tilting and sweeping around rooms and hallways.

  • @basedtiger8984
    @basedtiger8984 Před 3 lety +1

    Great video, can you provide more information on what type of loan is best for investors? Does it generally require the same requirement as conventional loans. Thanks

  • @EastMenloPark1650
    @EastMenloPark1650 Před 2 lety +2

    Honestly this is what I want to do for a living. I am a full time carpenter and I work alongside a general contractor who specializes in custom home building. My goal is to renovate and resell with my experience and help of others. Thank for for your very inspiring video !

    • @VeronicaGrimes_tc
      @VeronicaGrimes_tc Před 11 měsíci

      @EastMenloPark1650, How have things been going since your last post? I'm looking for someone needing my help. I am a transaction coordinator and would love to help you in any way I can including funding your transactions.

  • @priceandpride
    @priceandpride Před 2 lety

    Is this in the Bay Area?

  • @Urmomlovesyoutube
    @Urmomlovesyoutube Před 3 lety +9

    Wow you guys did a great job! And I love all the cost saving decorating ideas!

  • @Redcuptalks
    @Redcuptalks Před 3 lety

    Great information! Please choose another song for the background next time :)

  • @rerichdad
    @rerichdad Před rokem

    That was great! What month and year did you sell this?

    • @VeronicaGrimes_tc
      @VeronicaGrimes_tc Před 11 měsíci

      @rerichdad, How are you now? If you ever need help with funding your transactions, do not hesitate to reach out.

  • @peggybuetow1026
    @peggybuetow1026 Před rokem

    In Milwaukee this would sell for $200,000 at most.

  • @QcSnowboard
    @QcSnowboard Před 3 lety +1

    lol where I live an entry level home is like 400k

  • @franksuhuang6
    @franksuhuang6 Před 2 lety

    👍👍🌹🌹

  • @cluu888
    @cluu888 Před 3 lety +2

    Great video first of all!
    Just wondering if i can invest with you, I also live in SF, thanks

  • @144SLRP
    @144SLRP Před 3 lety

    My goal is to become a flipper :) and investing in real estate