Wholesaler to House Flipper! | First Time Flipper Episode One

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  • Опубликовано: 30 сен 2024

Комментарии • 138

  • @Liliinvests
    @Liliinvests  3 года назад +13

    What do you want to know about flipping a house for the first time? Comment below!

    • @jonathanthainguyen
      @jonathanthainguyen 3 года назад +3

      How many wholesale deals have you done before you get comfortable doing a flip?

    • @philandas
      @philandas 3 года назад +1

      Hey Lili! How did you find your contractors and will they be rehabbing all 3 properties?

    • @heyitslaee
      @heyitslaee 3 года назад +6

      make a rehab price vid plsss!!!

    • @semirachetness7615
      @semirachetness7615 3 года назад +1

      @@heyitslaee Yess, I would love to see this!

    • @themaggattack
      @themaggattack 2 года назад +2

      @@heyitslaee Yes please! A breakdown of rehab costs would be great!💰💰🏚🦺🥽🧰🔨🪓🪚🔧🪛🗜🔩🛠🪟🚽🛁🧱🚪🏠💰💰💰💰
      Edit: Oh I just saw that you did! Thanks! I'm going to watch that one right now! 😊

  • @misunderstoodkj
    @misunderstoodkj 3 года назад +32

    Congratulations! Welcome to the Flipping family!! It's definitely not an easy job but you can do it. I've been doing it since 2019.

  • @nia.aleese
    @nia.aleese 2 года назад +12

    Love these videos! I’m very interested to see how you’ve built your team of contractors,inspectors, lenders, etc

  • @Makemoves...
    @Makemoves... 3 года назад +8

    Thank you for being so upfront with your journey. You are a blessing I've been praying to find a person to break it down like you have great videos.

  • @catinaellis126
    @catinaellis126 2 года назад +2

    You definitely got me hooked! I’ve been wanting to get into this since I was 23 and looking to buy my first home. I wanted a duplex and planned to live on the other side just like you but unfortunately, my dad scared me out of it. It’s probably one of my biggest regrets and left me afraid to make a mistake or loose money. To watch you doing this so young and unafraid is super sweet and very inspiring! Thanks for sharing and encouraging people like me. ❤️

  • @Mustach_Mike10
    @Mustach_Mike10 3 года назад +11

    Definitely show the scope of work and cost thats where folks always get stuck on and not much talked about

  • @melodyn6419
    @melodyn6419 2 года назад +1

    How you find your private money lender? Can you have a video talk about this?

  • @melodyn6419
    @melodyn6419 2 года назад +1

    Did you buy any 2 family house? Or are they all single Family?

  • @vincentandrews9679
    @vincentandrews9679 3 года назад +4

    Do you have a video showing how you found your contractors/project manager? That seems to be the hardest part, finding reliable people. thanks

  • @jalabi99
    @jalabi99 3 года назад +2

    A suggestion for how to handle the flooring: from the line you drew for where the hardwood stops, in every other place (the kitchen, the former back porch, and such) instead of using tile, use vinyl plank flooring (VPL) that's colored to look like tile. That is very hard-wearing and is good to use in rentals.
    Two suggestions for video ideas for this series: give the scope of work (a cost breakdown of the rehab budget, the materials, and the contractors), and how to come up with it. And how to get a private money lender who will pay for the entire purchase price of the project and hopefully for the rehab too. Very few channels show that.
    Good luck and congratulations on the latest addition to your rental portfolio Lili!

  • @brendataylor8798
    @brendataylor8798 3 года назад +4

    Yes, please. Nobody shows us the itemized cost. You will be the first.

  • @louismenjivar5171
    @louismenjivar5171 2 года назад +1

    Lilly thank you for sharing with us, you’re great and passion on what you do is amazing. I’m from Salem Oregon and would like to start looking for good deal to buy, what places sure I start looking? Any place in particular that you recommend? Any Webb?

  • @escapethestate9182
    @escapethestate9182 3 года назад +6

    Thanks for the consistency 🔥🔥

  • @OrganizeKaos
    @OrganizeKaos 2 года назад +2

    You’re the real MVP! Thank you for taking the time to do this! ❤️❤️❤️🥰🥰🥰🥰

  • @Katty0786
    @Katty0786 3 года назад +4

    Wow the cabinets looks amazing, and the fireplace is so nice! Great work! Yes please spend more time on the rehab cost.

  • @JosephGabriel-u6w
    @JosephGabriel-u6w 14 дней назад

    Do you have to become an LLC to start? What do you recommend?

  • @simonemills3565
    @simonemills3565 3 года назад +2

    I honestly love the kitchen and im so glad you didn't fall into the all white kitchen fad lol. The blue is nice and fun, but I would have chosen a darker hue just because I think it appeals to more buyers

  • @Swahiliangift70x7
    @Swahiliangift70x7 3 года назад +2

    I love what you are doing. You are an absolute inspiration to me and I'm certain that many others out there. Great job!

  • @jaiyarobinson9688
    @jaiyarobinson9688 3 года назад +2

    First off congratulations can't wait to see it when you get finished 👏
    And also how much did it cost you for a electrician to come out and evaluate everything

  • @kevinsamuelson8252
    @kevinsamuelson8252 11 месяцев назад

    You are awesome Lili. Watching and sharing your videos with friends. If you don't mind me asking what market our doing this flip ?

  • @Char_harris
    @Char_harris 3 года назад +3

    Go Lili Go Lili....such an inspiration 🥰

  • @JeremyLMarquez
    @JeremyLMarquez 2 года назад

    Great vid, right on point with my next few moves in RE, been following on IG, just catching up her on your YT. I am out in CALI :)

  • @OluwaseunAjagbe
    @OluwaseunAjagbe 2 года назад

    Yes thank you lili,you really me with all of your videos, can you share the rehab cost of this project

  • @foreverrcocochenel
    @foreverrcocochenel Год назад

    9:42 Felt this with my entire chest. Man, let’s jump him! 🤬🤬🤬🤬🤬🤬

  • @jimster7645
    @jimster7645 2 года назад

    LiLi are you using a property management company ? or are you managing the tenants and repairs yourself ?

  • @zackmckenzie3582
    @zackmckenzie3582 3 года назад +2

    I love this type of vlog. Where we get to see progress and problems. Look forward to the journey.

  • @user-vy4dd1mg4y
    @user-vy4dd1mg4y 3 года назад +1

    Congratulations🥳 Just out of curiosity, how many properties have you wholesaled?

  • @AnomalyBelleza
    @AnomalyBelleza 2 года назад +1

    Sharp as a razor! Smart young woman! Thank you for keeping at it.

  • @bettyhonesty5968
    @bettyhonesty5968 2 года назад

    How long do you have to hold a BRRRR property before you can Refi it?

  • @Waunderlust-lp3zz
    @Waunderlust-lp3zz 4 месяца назад

    Love your videos lili! Keep em coming!!! I love the videos where you go into detail with your rehab transformations and covering subjects sucks as the strategies you’re using! Very motivating, interesting, and helpful!

    • @Liliinvests
      @Liliinvests  4 месяца назад

      Stay tuned for more! Thanks for watching.

  • @Noway673
    @Noway673 2 года назад

    Breaking down the cost of rehabbing is a good idea! 💡

  • @kizziekente2468
    @kizziekente2468 3 года назад

    colored cabinets = nahhhh lol. Great job tho!!!

  • @tonyaharper6342
    @tonyaharper6342 3 года назад +1

    ⚒👷‍♀️ yes I would appreciate a cost breakdown

  • @BishimDeja
    @BishimDeja 2 года назад

    You were able to put a fridge in front of the electrical panel? Did it pass?

  • @lisagaylordfitness5194
    @lisagaylordfitness5194 Год назад

    REHAB COST BREAKDOWN PLEASE 🎉❤

  • @rare2find0918
    @rare2find0918 3 года назад +1

    The colored cabinets are BEAUTIFUL!!! I love them!

  • @aaydrian
    @aaydrian 3 года назад +2

    A quick tip for masking odour when you tour houses that smell, is to place alcohol prep pads between double masks. It may not totally eliminate the smell but it makes the walk through much more tolerable.

    • @ericathompson2118
      @ericathompson2118 3 года назад

      Is it safe to inhale alcohol like that though

    • @aaydrian
      @aaydrian 3 года назад

      Yes if it’s just to tour a house/or for a short period of time.

  • @carolynlewis7978
    @carolynlewis7978 2 года назад

    Luv the color on the kitchen cabinets

  • @catinaellis126
    @catinaellis126 2 года назад

    That color choice for the kitchen is bomb!

  • @johnnyfortejr
    @johnnyfortejr 3 года назад +1

    Lili keep dropping that fire content!!

  • @kashmoni1085
    @kashmoni1085 2 года назад

    Drywall is not for amateurs😡

  • @Luxclassy_Realconsignment
    @Luxclassy_Realconsignment 2 года назад

    I want to do this with my Bitcoins investment

  • @AccountabilityCoachAQueen
    @AccountabilityCoachAQueen 8 месяцев назад

    I just found your channel today and I’m hooked!!! I will likely be binge watching every video so look out for my thumbs up lol

    • @Liliinvests
      @Liliinvests  8 месяцев назад

      Glad you like them! Stay tuned for more

  • @toyashanelle
    @toyashanelle 3 года назад +1

    You’ve inspired me. Great video!

  • @camillewagner8768
    @camillewagner8768 2 года назад

    Yes yes rehab expenses please please

  • @ashleyjones3487
    @ashleyjones3487 3 года назад +2

    I’m definitely ready to get into this!!

  • @mauricecox2
    @mauricecox2 3 года назад

    What city are you located?

  • @kevreal
    @kevreal 3 года назад +1

    First 💫

  • @PennyGoods
    @PennyGoods 2 года назад

    Super informative

  • @honestlygio7830
    @honestlygio7830 2 года назад

    So no tiles on sheetrock and plywood. Are there any other noise for laying tile to prevent mold? Thanks for video. Their always to the pt and made simple to understand without having any knowledge of real estate investing.

    • @Liliinvests
      @Liliinvests  2 года назад +1

      Best tip for that is to get a good tile guy!

  • @indi7804
    @indi7804 3 года назад +1

    Kitchen looks great!

  • @darnelllewis5984
    @darnelllewis5984 2 года назад

    What statw is this in?

  • @freidaachona3525
    @freidaachona3525 3 года назад

    👏🏾👏🏾👏🏾👏🏾👏🏾👏🏾👏🏾good Job girl weldone . Am excited I can’t wait to see more up coming stuff .

  • @Youngw7814
    @Youngw7814 3 года назад +1

    I’m from Columbus Ohio just getting in honestly newbie. Looking forward to to work with you in the foreseen future!?!

    • @smplyst120
      @smplyst120 3 года назад +1

      Yoo I work in that area let’s partner up

    • @Youngw7814
      @Youngw7814 3 года назад

      @@smplyst120 Johnny

    • @Youngw7814
      @Youngw7814 3 года назад

      @@smplyst120 johnnnay

  • @bicdrako6580
    @bicdrako6580 3 года назад +1

    Thanks for bringing us along I can’t wait for an eventful journey

  • @OrganizeKaos
    @OrganizeKaos 2 года назад

    You’re the real MVP! Thank you for taking the time to do this! 🥰🥰🥰🥰❤️❤️❤️❤️❤️❤️

  • @Dreamdreams350
    @Dreamdreams350 3 года назад

    Consider putting studio on Airbnb as tiny home rental. Tiny homes are very popular and in high demand

  • @mnight207
    @mnight207 3 года назад

    Where are you getting the capital to invest in these places? We make about 200k a year....maybe you make more...

  • @realtoremilsonphanor5522
    @realtoremilsonphanor5522 3 года назад

    Hey Lili I watched 3 of your videos so far but you never mentioned which state are you in as well where are you buying and flipping/brrrr

  • @bobbiefry3188
    @bobbiefry3188 3 года назад

    How are you getting financing?? I'm pretty close to tulsa as well!

  • @sauceysauve7630
    @sauceysauve7630 Год назад

    Not leaving lol😭

  • @Soupraaaaaa
    @Soupraaaaaa 3 года назад

    There’s no way any of this is true. Wholesaleing real estate is obsolete I did it for half a year had five deals under contract and none sold. I even tried Tulsa where you are and I can’t understand how you find homes and these deals there is just no way unless you have connections with people and it’s off market.

  • @haimaru5366
    @haimaru5366 3 года назад

    How many wholesales did you do until you could afford another rental flip in your portfolio??

  • @samrei6223
    @samrei6223 2 года назад

    👷🏾‍♀️ nice! Just found this series, it’s soo well done!

  • @bettadays1
    @bettadays1 3 года назад

    What factors did you use to determine that you’ll keep this house as a rental vs selling it? I was always on the mindset that multi family units should be for rentals and sfh should be sold.

  • @mikerod76
    @mikerod76 3 года назад

    The question I have is now much have you made since starting the real estate thing?

  • @nia.aleese
    @nia.aleese 2 года назад

    Loving these! I’m learning so much! Video 3/9

  • @gabrielleon1121
    @gabrielleon1121 3 года назад

    Looking forward to the outcome. How do you calculate the rehab?

  • @STAXDINEROMUSIC
    @STAXDINEROMUSIC 3 года назад

    @lilithompson proud to see you taking things to the next level keep doing your thing

  • @mikehurst4671
    @mikehurst4671 2 года назад

    👷‍♂👷‍♂

  • @NormSpecial
    @NormSpecial 3 года назад

    ❤️🧠🏠

  • @codyandmiles9593
    @codyandmiles9593 3 года назад

    🛠🛠🛠

  • @greatestof1999
    @greatestof1999 3 года назад

    Board the windows & doors up so ppl don’t steal all that material !

  • @Makemoves...
    @Makemoves... 3 года назад

    Whats best or ways to find distressed properties to rehab

  • @zazelbrown8658
    @zazelbrown8658 3 года назад

    Love this LiLi ive been waiting for this video to drop !! You’ve inspired me so much!

  • @Feddy99
    @Feddy99 3 года назад

    How many rentals do you have so far?!?!

  • @kareenjames9064
    @kareenjames9064 3 года назад

    Congrats Lili, Keep up the good work!!

  • @jonellison2835
    @jonellison2835 2 года назад

    That’s super dope!!! I love your videos. I’m in Detroit and I’ve bought a few properties recently. I wanna document my journey on RUclips and show others how to do it.
    What’s a good starter editing software for my videos?

    • @Liliinvests
      @Liliinvests  2 года назад

      Your phone! If you have at least that get started. My first videos were made on my phone

  • @jgflips7243
    @jgflips7243 3 года назад

    Ayeeee I remember your first whole sale deal 💪🏾

  • @krissykris4475
    @krissykris4475 2 года назад

    What state is this

  • @roxannewimberly6147
    @roxannewimberly6147 2 года назад

    Nice progress & informative. Do you do this full time?

  • @WilliamWeekesJr
    @WilliamWeekesJr 3 года назад

    congratulations on all your success

  • @1342791
    @1342791 3 года назад

    Congratulation on ur success.

  • @RicheDonDada
    @RicheDonDada 3 года назад

    Please make a video explaining how you funded this venture

    • @Liliinvests
      @Liliinvests  3 года назад +1

      Check out the video I just posted!

  • @nicholasflamel1
    @nicholasflamel1 3 года назад

    How did you get into contact with all of the electricians and contractors that you referenced in the video?

    • @kamilsultan1637
      @kamilsultan1637 3 года назад +1

      Probably looked them up online and read reviews/references from ppl she knows who have hired them in the past

  • @kemonterogers5633
    @kemonterogers5633 3 года назад

    You the best Lil Sis

  • @loadingless3406
    @loadingless3406 3 года назад

    good vid. looking forward to the vid with the Reno costs and process

  • @karenscott1738
    @karenscott1738 3 года назад

    Congratulations!! 🙌🏽👀🤩

  • @Youngw7814
    @Youngw7814 3 года назад

    Ayeeee big td

  • @jorgemarquez7911
    @jorgemarquez7911 3 года назад

    What private money lender did you use?

    • @Liliinvests
      @Liliinvests  3 года назад

      a rich guy I networked with and built a relationship with :)

    • @jorgemarquez7911
      @jorgemarquez7911 3 года назад

      @@Liliinvests do you think you would ever get into lending? Like becoming a lender

  • @rickiericktv3320
    @rickiericktv3320 3 года назад

    Did I miss the finish video to these?

  • @abem3045
    @abem3045 3 года назад

  • @tjsylla
    @tjsylla 3 года назад

    Good stuff 💪🏿💪🏿✊🏿✊🏿

  • @looknn
    @looknn 3 года назад

    Congratulations!😏

  • @kevreal
    @kevreal 3 года назад

    Congrats !

  • @DrLakeciaReddrick
    @DrLakeciaReddrick 3 года назад

    Congratulations, Lili🎉🎊🙏🏾🤗
    My question is what would you say is a good way to find competent contractors? 😳

    • @Liliinvests
      @Liliinvests  3 года назад +2

      Good question! I'll make a video about how I built my team!

    • @DrLakeciaReddrick
      @DrLakeciaReddrick 3 года назад

      @@Liliinvests thanks😊