What’s up everybody real estate Nate we’re outside of our most recent flip that we’re doing right now unless Valley I know doesn’t look like much guys but I’m going to show you the before and later we’re going to show you the after product this is basically what we got to work with. And guys if you’re a wholesaler that’s great but you’re gonna need to get into flipping eventually because it is profitable and it is a good part exit strategy to have to help you make more money so I’m going to show you guys this deal that we got going and answer any question and show you what we’re doing what we’re not doing and now I’ll give you the juice so like subscribe hit the bell icon and let’s see what we got.
So what’s up everybody inside this house that we’re flipping I’m about to give you the scoop. So we got this deal from a flipper that was kind of tired of flipping. I think he might have ran out of money who knows what happened but he was flipping it already as you can see from the floors they look pretty nice. They painted the fireplace the brick but basically we’re coming in here as we’re finishing the flip out so I’m going to show you what we’re going to do and what we’re not going to do and we’ll see how it goes I’m not who knows if it’ll work I mean I think a workout we did our numbers and we know we there’s enough spread but I’m not a fortune teller.
We’ll see what happens in the market but we got to keep going keep going strong everybody so first, check out the walls right here we got to pay them nothing too crazy about these walls. The windows are old they’re double paned but can do a really good job and clean them up alright nothing crazy with the Windows put some molding on the bottom that need to be done. Fireplace is fine it’s been painted as you can see the screen door an older but like we’re just going to clean it we’re not going to put a brand new door in there so paint paint side now what you guys can see we’re probably going to do fix this you know put a more modern light fixture on here. Kitchen and you get to the kitchen guys the there were already granite countertops in this house that was getting flipped and the cat the cabinets look decent.
I’m not the biggest fan of these handles but maybe we’ll change the handles but other than that there’s a small kitchen but it will do it will do just fine door put a new door on this thing and if Hector you want to follow me outside the house had a lot the grass was about this high. So we got a bid for like $800 to cut the grass from some jabroni and we said we’re not paying $800 To cut grass. So what we did guys is one of our our guests a project manager said I’ll freakin knock it out he knocked down a couple hours got a mower and mowed this whole thing down now looks decent. It’s not perfect but it’s better than it was but yeah guys I’m in right now with the way things are who are going to try and rock you they’re going to put you over to try to put you over the coals and rock you and charge you more than you really should do stuff but you just got to say no and just do it yourself.
Sometimes I know that’s not always the coolest thing or what you want to hear but sometimes people charge too much. So coming down here guys. We have a bathroom that needs to be finished. But it’s the drywall is already done in there in the tub is new originally put a vanity in a toilet and finished the floors. Nothing too crazy with that. Coming in here you’ll see The flooring needs to be done. Obviously we need to paint. These are older doors that aren’t going to fit we’re gonna have to put in new doors or paint them most likely put new doors back in the in these two bedrooms and then nothing crazy. You just need to clean it, put carpet paint. Okay, same with this one carpet paint, clean the windows. So as you can see so far, you know it’s not going to be some astronomical on the flip. It’s just, you know, finish finish the bathroom carpet paint. Clean this up really nice. One thing that is going to cost us a lot is the master.
But hey guys, one thing I’ll tell you right now, one thing that I do enjoy is when people leave stuff behind, they left some DVDs. I might I might take one and watch one a night with my wife who knows. But the sellers they always leave stuff so so this is the master obviously we’re going to paint carpet pro changed the doors in here. The master bathroom needs quite an overhaul. You’re gonna have to change the floor Be careful there you don’t want to fall through the floor. The floor is a little soft, and it’s got some weak so I’m telling you some crazy tile. Yeah, so this this used to be the style back in the day but they got some blue nasty towel. We’re probably going to open that shower up real nice. But yeah, Master needs to be worked on.
So let’s head downstairs. But that’s the upstairs for you guys. So the the downstairs needs quite a bit of work and which we’re doing right now
Won’t bother you in here. So we got some work going on. So come check this out Hector so this bathroom so by the way guys, it’s a five bedroom, three bath come on in here. This bathroom floor needs to be done needs to be vana needs to be done. They did leave the Washington dryer, which we do try to sell on KSL or Craigslist or wherever you’re at we tried to sell on Facebook marketplace made a couple 100 bucks. This the utility room water heater was new. Pretty cool.
And it’s just you know, the normal utility room storage room. So right here. Here’s the bet one of the bedrooms down here. That’s getting fixed up. And I don’t know what kind of style people have back in the day with green carpet. I don’t ever know why green carpet was ever a thing. But this room is pretty nice and that this drywall on here is fine. It just needs to be painted, new flooring. Same with here. We’ve gotten the drywall put in here. As you can see, it’s all been drywall at the top drywall which seems to be textured and painted new flooring, paint the brick on the fireplace. It’s a nice big room.
So and by the way, it used to have all this paneling. So Shane, our guy did a really good job of getting rid of the paneling and putting drywall up again. As you can see, like, like I said, it’s the paneling, trash. So guys, this is the house I meant this, it ain’t nothing sexy, you get a piece of trash house or a house that needs a lot of work. You flip it and you sell it. That’s how you make your money. So why most people in this video probably are like Nate, why didn’t you just wholesale it? Why did why didn’t you just why didn’t you wholesale? Why did you decide to flip it? And the reason why guys is because when we crunch our numbers, we have a deal calculator deal analyzer calculator, where we run the numbers and say okay, how much we make we wholesale this, okay, how much we make if we flip this ran the numbers and a wholesale deals looking like we’re gonna make maybe 1015 20,000 on this one. Okay. 20,000 at most.
And if we flip it, we’re looking well, well beyond that, you know, of 50 5060 plus. So for us, we we analyze it and say, okay, is the risk worth it? And we think it is and we’ve done quite a few flips. And you know, we’ve done well since we run our numbers and you know, do a good job of analyzing it. So, guys, you need to know how to wholesale fix and flip creative financing innovations, you need to know all your extra strategy. So you can make as much as you can on the properties that you do get wholesaling is great if you’re able to wholesale 1015 20 houses consistently a month, and it’s a great business model.
But if you run a small organization that you’re getting, like maybe three 510 deals, then it’s good to you know, I think you should leverage and maximize and choose the exit strategy no matter what if wholesaling is your only thing then that’s fine. But that’s not what we do. If you want to learn how to wholesale fix and flip Novations creative financing, rentals, buying whole multi units if you want to learn that then you know that’s what we teach our mastermind, guys if you want to learn if any of this stuff that I told you excites you and you want to learn more, all you have to do to talk to me is DM me or go to the link in the description and set up a time I want to offer a one on one call with me and we’ll discuss what I can do to help you grow your business is that simple.
Just sign up for LinkedIn chat but that’s why we’re here I’m showing you all this information so you can get into flipping you can get into wholesaling you can start making money so guys, thanks for tuning in to the video. Please like subscribe, hit the bell icon. And for more content like this right we show you houses we’re wholesaling, fixing flipping. I’m giving you the case studies and showing you exactly how we do it. I’m not holding anything back so you guys can see exactly how we do things. So thanks again for coming to the channel. Talk to you later.
