Very good video, I like the break down on the numbers, no corny music, no fancy editing. Just problem solving and understanding numbers and this makes this video better than any flipping show on HGTV.
I think this little house looks great inside with the updates/changes. I'm a Colorado native and feel like I know the kind of neighborhood this house is in. It doesn't need to be really fancy and honestly, it's now probably one of the nicest small homes around!
You hook a truck up to the camper in the middle of the night and tow it several streets away and let the city deal with it. These are squatters, and it's so irritating that the law "can't" do anything about it.
I lik what you did with the place but would suggest putting more emphasis on landscaping. A few hundred bucks on plants/mulch/re-seeding lawn, etc will go a LOOOONG way.
I agree. That fire pit could have been spruced up. Heck that entire back yard and the fence could have been improved upon and that could definitely add to the selling price by quite a bit. I guess. I'm not a real estate or flipper kind of person!
I love that huge kitchen & what I think is pretty interesting is that the camper disappeared. To bad it didn't do that in the begining. Very nice house and yard. I still luv that kitchen.
I'm not surprised to see the hookups for the washer and drier in the kitchen (which is what was there in the before video). There isn't a basement and having a separate laundry room while nice would have taken away from other areas. I grew up with a washer & drier in the kitchen. It was an early 1800's house in NE and the basement had low ceilings, dirt floor for part of it and a steep staircase. A lot of people will think it's weird to have them, but for such a small house I'm glad you didn't remove them.
As big as the kitchen is a better layout could of given a space for a small wash and dryer room… 🙄 such a chopped up kitchen… everything is far apart… the rest of the home is ok…
You are such a blessed person. I wish that I could buy just one of these abandoned houses in my small city. The craziest part of it is, there is not much wrong with the houses. Parents die, children live out of state and they can't agree to sell or rent them so, the houses just sit empty.
Camper issue aside, the house looks great once it was worked on and can totally see myself living in it. Still some thing I would personally change like all the bathrooms and the yard. But just as a quick flip it works. I also like the separated garage.
I know the company I used to work for would do it if you posted the proper notices. But they are based in Breckinridge, CO call Ryan’s Recovery I know this has passed but in the future that company is really really great and they have a great relationship with lots of cities and knowledge. Tell them I recommended them! Great owner and manager!
Looks much better, but had fun speculating on what to do with the camper, even though our suggestions weren't the best solution, we knew you would handle it. Yes, liked, again. :)
Camper aspect of this was unique and interesting but in the end you won Mark! Would have been nice to see a little more profit but you won! The house looked way better as usual after the rehab and again as I have said before and will probably do so in the future - love how much attention to detail Nicki and you give to the homes you rehab before selling them. I have seen to many homes that were supposedly rehabed where as a comparison my garage and/or some old non-used barns in this area are in better condition. Keep up the good work and always look forward to more videos! :-)
Wow, 225K for that little house with a washer/dryer stuck in the kitchen, no patio, and that broken-down, ancient rickety fence? The microwave mounted over the stove would have been a nice touch. You're right - prices are crazy there.
I grew up in the little town of Evans! The park was there then, and I will soon be 70. Cokes were 5 cents and you got 10 pieces of candy for a penny. I went to elementary school there.
You gotta be ready with people to do the work or be able to work fast on getting the work done if you are leveraging money and have to make payments. If you end up having to make six months to a years worth of payments, that can reallly cut into the profits and you need the cash to make those payments. Mark has an established infrastructure, which makes a difference. We just did a house ourselves and we don't do our own deals, but work for people like mark... there are a lot of little "tricks" that experienced people know about and knowing where to spend the money makes a difference... but, Mark is a good model to follow in my opinion. You should definitely try it, but go into it expecting there to be a learning curve and make sure you are financially prepared.
i started laughi g when you first mentioned. reminded me of. an elderly cousin.....hemovedinto a senior apt complex following home damage from a hurricane. he sold the lot cheaply to a neighbor with the understanding that he ciuld park his vehicles there indefinitely.....
Good advice on taking photos - I came to your site thanks to the Camper issue - lol it was interesting and handled nicely. House looks good but the grass looks terrible
Can I be honest, I like what the people did who you purchased it from, they held it as a rental property, purchased it for 50k +- and sold it for 155k. That is what I do.
I'd hook the camper up to my truck in the middle of the night and haul it about 30 miles away. Of course that part would be edited from my youtube video!!
How can the owners not have a place to put it if it truly had been stolen? I mean, wouldn't you come and get your rightful property and put it right back where it was?
i know its late but you could try to claim ownership (in court) of the trailer since its sitting on your property like someone abandoned the ship.. its unregistered and thats why its a problem to them so maybe you can register it so you can get rid of it in a legal way..
@@investfourmore LOL, be careful Mark, there must be a portal to another dimension there... good thing you don't have to disclose that possibility... although, it could increase the value.
They reported the camper as stolen. That's when you pull it out into the street and tell them it's available for them to pickup. After 24 hours it can be towed by the city.
I love your videos you show the real thing. I been thinking of getting into house flipping and you giving so much valuable info thank you so much. any advice for starting up with not a lot of money??
That house would be probably 110 in Idaho when it would have been 30 ten years ago. It's the Californian invasion, the housing market is screwed in many states because of it.
My grandma sold a similar trailer but a little smaller and instead of taking it away like she expected. The guy moved onto it on her property!! No water no electricity! We called the cops when he refused to leave and get this they told her it’s a civil matter she’ll have to evict him!!!!! It was a nightmare for my elderly grandma who was afraid to sleep at night with a stranger in her backyard!!
If the camper magically appeared, i would make it magically disappear by hooking it up and towing it away. Anywhere but my property. Also washer/dryer in kitchen for me is super weird but i guess better than no washer/dryer at all .
ok, now i have a question....what happened to washer and dryer? I see you left hookups in the kitchen. i thought the units did not look too bad. i thought you might relocate them to the back ok the garage. really nice planter beds...could really use a couple colorful plants, would have been very eyecatching. Could have thrown out some grass seeds or mulch if you did not want to spend money for sod. just a few things thst wiuld really turn me off if i were looking to buy.
You can't have the washer and dryer in the garage in Colorado. plus you would have to run plumbing all the way back there. They were junk so the contractors got rid of them.
Move the camper onto the street in the middle of the night. I've don it before with cars and trailers on my properties. I rent a U-Haul to do it instead of using my truck. Leave it somewhere and you will never hear about it again. When the cops show up I say somebody must have stolen it, lol.
All you had to do was NOT notify law enforcement and pull the damn thing in the street. Then the city would have had to tow it. If the owner came back id just say "hey i didnt see any camper !"
I'm about to flip a similar size house in a similar type of neighborhood (suburb of Minneapolis). It has cedar shake siding, which is in pretty good condition but being a realtor myself I'm nervous Buyers will be turned off if I just paint it instead of putting the typical vinyl on. Do you have any insight on when you replace siding or when to paint?
Hi mark this wilfredo from Kissimmee fl do you have your book in hispanic language is because i have more people watching all your video with me and they are very interested in how you doing your flips , please let me know . Thanks lov your video.
You made a weird, disgusting little house less weird and disgusting. Lol. That kitchen is appalling but better. (Layout and dimensions are weird and awful-choices were good.) What a cheap POS it was new. It’s nicer now than it was brand new.
The problem with this example is it does not show the cash out vs. Cash in comparison. I went through this carefully and I estimate he lost $21k on a cash basis. For example the cash out will reflect 20% down cash payment for the loan. Also I estimate his helper cost his company $17k on a 40 hour work week @$15 per hour for 6.4 months. So maybe he broke even if the helper didn't work that much. I wish Mark show actual cash payments out, not the profit.
Mark .. question .. is dropping the "to be" in sentences a Colorado thing? I enjoy how "ya'll" (southern thing) say that .. e.g. "the house needs clean" and not "the house needs to be cleaned" :) Awesome videos .. keep em' coming.
It would go for about $100k, post remodel, in my area of the Midwest. (And 'minimum wage' jobs start out at $12/hour, so it's pretty affordable here!!)
Way over complicating the camper situation. Push that thing into the street, now its the cities problem, and its not your vehicle (supposed to be registered to somebody) and if its not registered, it gets towed away and auctioned off.
A house that ugly (in the beginning) would sell for 30,000 in my area. There are some drop dead gorgeous houses that sell for 140,000 in my area as well and even prettier fancy houses for 220,000++. I live in a decent sized city in Texas. Location location LOCATION. Nice work in the end though
They’re a lot of houses that just went up for sale where me and my fiancé are looking, and a lot of the pics are crappy! We can’t tell if it’s a good deal or not because the pics are blurry and or just horrible lighting.
You rented parking space in a storage lot for 1 month, had the camper towed there, let the owners know where it was and gave them the code/keys. Then told them adios, sayonara and goodbye. I'm pretty close to the truth, aren't I?? LoL
minerals excluded? I thought the only place that is popular thing is WV property. Absolutely no property in WV includes mineral rights. (That may have changed the last few years)
Put moth balls and amonia in a bowl and place inside camper. The vapors will run anyone off. The sell it. I would take it off your hands. Are you in San Antonio tx? Put an ad in the paper for a free camper. What is the problem? I would take it. A lot of people would take a free one.
Where is this? Where I live it wouldn't sell for $155,000 even after flipped, not even $100,000. Location, location, location. A big problem. Ah, I discovered it's Colorado, still, good grief.
I live in Alabama if someone left a camper in our yard it's ours now lol it would get towed off and put in the woods as a hunting shack lmfao 😂 or fixed and sold on Craigslist
Very good video, I like the break down on the numbers, no corny music, no fancy editing. Just problem solving and understanding numbers and this makes this video better than any flipping show on HGTV.
Thank you! I hate corny music
Moving the camper is as simple as renting a truck with a hitch and moving it to the streets.
You’ll get sued
@@elisscaliving5864 Just like Antifa gets sued for burning down businesses
Cute house with a yard, park, garage, and the kitchen was an awesome transformation.
I think this little house looks great inside with the updates/changes. I'm a Colorado native and feel like I know the kind of neighborhood this house is in. It doesn't need to be really fancy and honestly, it's now probably one of the nicest small homes around!
thank you
You hook a truck up to the camper in the middle of the night and tow it several streets away and let the city deal with it. These are squatters, and it's so irritating that the law "can't" do anything about it.
Moth balls and amonia, will smoke anyone out if you can pump it into the place. People can't breathe with it.
🤔😡
💖Wow.. I Love it. Thank U for sharing💖
Maybe your MLS listing could include the camper, with the term "Mother in Law Quarters included" !
As a bonus, the mother in law quarters is mobile for when you can't deal with her.
heck yeah! flip that camper!
😆😆😆😆😆
I lik what you did with the place but would suggest putting more emphasis on landscaping. A few hundred bucks on plants/mulch/re-seeding lawn, etc will go a LOOOONG way.
i was thinking the same thing but then again it is CO. Here in HOU, 0 landscaping would get you 0 sells.
I agree. That fire pit could have been spruced up. Heck that entire back yard and the fence could have been improved upon and that could definitely add to the selling price by quite a bit. I guess. I'm not a real estate or flipper kind of person!
Thanks for going through the complete economics of the project.
I love that huge kitchen & what I think is pretty interesting is that the camper disappeared. To bad it didn't do that in the begining. Very nice house and yard. I still luv that kitchen.
Thanks!
The kitchen looks so much better!! Wow!! Great job. Even painting the garage helped a ton!!
Thank you
Such a great video! Your providing the best RE videos on the web! Every video I’m learning more and more. Thank you.
Thanks!
Thanks for these before and after videos! They’re super helpful.
No problem!
I'm not surprised to see the hookups for the washer and drier in the kitchen (which is what was there in the before video). There isn't a basement and having a separate laundry room while nice would have taken away from other areas.
I grew up with a washer & drier in the kitchen. It was an early 1800's house in NE and the basement had low ceilings, dirt floor for part of it and a steep staircase. A lot of people will think it's weird to have them, but for such a small house I'm glad you didn't remove them.
Thank you
As big as the kitchen is a better layout could of given a space for a small wash and dryer room… 🙄 such a chopped up kitchen… everything is far apart… the rest of the home is ok…
Did you grow up with a shower in your kitchen? Because there was a shower in this kitchen. haha
Thank you for being so-o patiences with these people. Good judgment call.😀
I learn a lot from the videos to help in our landlord life- thank you.
You are such a blessed person. I wish that I could buy just one of these abandoned houses in my small city. The craziest part of it is, there is not much wrong with the houses. Parents die, children live out of state and they can't agree to sell or rent them so, the houses just sit empty.
Thank you
Camper issue aside, the house looks great once it was worked on and can totally see myself living in it. Still some thing I would personally change like all the bathrooms and the yard. But just as a quick flip it works. I also like the separated garage.
I sure would love to see this house after a family moves in and decorates just to see the use of the space. Cute house. 🤗🤗
With all the old fashion windows you take out of your houses you can sale them. People like me buy them for decor 😍😍
I love these videos, so open book and very clear!
I know the company I used to work for would do it if you posted the proper notices. But they are based in Breckinridge, CO call Ryan’s Recovery I know this has passed but in the future that company is really really great and they have a great relationship with lots of cities and knowledge. Tell them I recommended them! Great owner and manager!
Thanks for the content man, your killing it, keep it up!
Curb appeal is needed in most of your flips especially this one!
Looks much better, but had fun speculating on what to do with the camper, even though our suggestions weren't the best solution, we knew you would handle it. Yes, liked, again. :)
I know, I did not blow it up
Ha, that would have been messy!
Great content Mark along with your ambitions goals!!!!!
Thanks!
Great videos as usual very inspiring.Just bought a duplex here in Milwaukee hopefully I can build an empire like you one day.
Nice good luck!
"Not horrible" in the Garage? It's Gangster Tagged!!! lol
In Ohio where I live - that house would cost about $120,000 after the flip. You did a great job!
Camper aspect of this was unique and interesting but in the end you won Mark! Would have been nice to see a little more profit but you won! The house looked way better as usual after the rehab and again as I have said before and will probably do so in the future - love how much attention to detail Nicki and you give to the homes you rehab before selling them.
I have seen to many homes that were supposedly rehabed where as a comparison my garage and/or some old non-used barns in this area are in better condition.
Keep up the good work and always look forward to more videos! :-)
Thank you!!
Wow, 225K for that little house with a washer/dryer stuck in the kitchen, no patio, and that broken-down, ancient rickety fence? The microwave mounted over the stove would have been a nice touch. You're right - prices are crazy there.
Nice bonus my man ! 👊🏽
me gustó mucho!!! excelente!!! saludos!!!
love this type of video!
Huge kitchen!
I grew up in the little town of Evans! The park was there then, and I will soon be 70. Cokes were 5 cents and you got 10 pieces of candy for a penny. I went to elementary school there.
Very cool!
you are the reason for making me think flipping homes are easy to do
Not easy, but doable
You gotta be ready with people to do the work or be able to work fast on getting the work done if you are leveraging money and have to make payments. If you end up having to make six months to a years worth of payments, that can reallly cut into the profits and you need the cash to make those payments. Mark has an established infrastructure, which makes a difference. We just did a house ourselves and we don't do our own deals, but work for people like mark... there are a lot of little "tricks" that experienced people know about and knowing where to spend the money makes a difference... but, Mark is a good model to follow in my opinion. You should definitely try it, but go into it expecting there to be a learning curve and make sure you are financially prepared.
Good points!
Why would someone thumbs down this video ??? Great content
I have some haters out there lol
i started laughi g when you first mentioned. reminded me of. an elderly cousin.....hemovedinto a senior apt complex following home damage from a hurricane. he sold the lot cheaply to a neighbor with the understanding that he ciuld park his vehicles there indefinitely.....
Cool was waiting for the finished product lol 😂.
Looks like a ramshackle shed.
Good advice on taking photos - I came to your site thanks to the Camper issue - lol it was interesting and handled nicely.
House looks good but the grass looks terrible
Thanks!
Can I be honest, I like what the people did who you purchased it from, they held it as a rental property, purchased it for 50k +- and sold it for 155k. That is what I do.
For sure I would love to have bought it then
I'd hook the camper up to my truck in the middle of the night and haul it about 30 miles away. Of course that part would be edited from my youtube video!!
How can the owners not have a place to put it if it truly had been stolen?
I mean, wouldn't you come and get your rightful property and put it right back where it was?
i know its late but you could try to claim ownership (in court) of the trailer since its sitting on your property like someone abandoned the ship.. its unregistered and thats why its a problem to them so maybe you can register it so you can get rid of it in a legal way..
They should have glass in the bathroom. That’s just classy.
Nice breakdown of expenditure. Nice, cute little house. Isn't that a UFO @ 16:05?😉
Yes it was! lol
@@investfourmore LOL, be careful Mark, there must be a portal to another dimension there... good thing you don't have to disclose that possibility... although, it could increase the value.
They reported the camper as stolen. That's when you pull it out into the street and tell them it's available for them to pickup. After 24 hours it can be towed by the city.
I love your videos you show the real thing. I been thinking of getting into house flipping and you giving so much valuable info thank you so much. any advice for starting up with not a lot of money??
investfourmore.com/flipping-houses-no-money/
Damn Colorado is expensive. 220 for a house that id pay maybe 60-80 for in Waco.
yup
That house would be probably 110 in Idaho when it would have been 30 ten years ago. It's the Californian invasion, the housing market is screwed in many states because of it.
Caleb M yup same in Texas. Prices are going up. Californians are coming in.
So just to be clear, did they put on a new roof or not?
i would just park the trailor right in the street right there and then call the city again LMAO
My grandma sold a similar trailer but a little smaller and instead of taking it away like she expected. The guy moved onto it on her property!! No water no electricity! We called the cops when he refused to leave and get this they told her it’s a civil matter she’ll have to evict him!!!!! It was a nightmare for my elderly grandma who was afraid to sleep at night with a stranger in her backyard!!
Crazy
this guy def moved the camper himself lmao
No idea what you are talking about
So I guess the best option from what you said is to simply move the camper yourself to the street, and THEN call the police. haha.
If the camper magically appeared, i would make it magically disappear by hooking it up and towing it away. Anywhere but my property. Also washer/dryer in kitchen for me is super weird but i guess better than no washer/dryer at all .
ok, now i have a question....what happened to washer and dryer? I see you left hookups in the kitchen. i thought the units did not look too bad. i thought you might relocate them to the back ok the garage. really nice planter beds...could really use a couple colorful plants, would have been very eyecatching. Could have thrown out some grass seeds or mulch if you did not want to spend money for sod. just a few things thst wiuld really turn me off if i were looking to buy.
You can't have the washer and dryer in the garage in Colorado. plus you would have to run plumbing all the way back there. They were junk so the contractors got rid of them.
Move the camper onto the street in the middle of the night. I've don it before with cars and trailers on my properties. I rent a U-Haul to do it instead of using my truck. Leave it somewhere and you will never hear about it again. When the cops show up I say somebody must have stolen it, lol.
All you had to do was NOT notify law enforcement and pull the damn thing in the street. Then the city would have had to tow it. If the owner came back id just say "hey i didnt see any camper !"
I was waching this at 3am
I'm about to flip a similar size house in a similar type of neighborhood (suburb of Minneapolis). It has cedar shake siding, which is in pretty good condition but being a realtor myself I'm nervous Buyers will be turned off if I just paint it instead of putting the typical vinyl on. Do you have any insight on when you replace siding or when to paint?
That all depends on comps and your feel for the area. Stuff like that can be very market specific
Hi mark this wilfredo from Kissimmee fl do you have your book in hispanic language is because i have more people watching all your video with me and they are very interested in how you doing your flips , please let me know . Thanks lov your video.
It is not yet
Nice job.....
What a sad looking little house...even after remodel.
Where did you buy the house.
In Canada? .where.
why did you decide not to straighten the fence and paint its interior? just curious.
We did paint the interior
The costs are outrageous, and the quality is mediocre. I would never buy there!
You made a weird, disgusting little house less weird and disgusting. Lol. That kitchen is appalling but better. (Layout and dimensions are weird and awful-choices were good.) What a cheap POS it was new. It’s nicer now than it was brand new.
I love love it they never came and got it but it is now gone, I am not admitting to anything lol.
Is that the new office ? Shaping up nicely
Yup! ruclips.net/video/GJTycSvWAYc/видео.html
This guy should be teaching business skills in school
Watched a few of your projects and couldn't be less impressed. All you do is lipstick or what are the basic requirements. Anyone can do that.
haha, yup anyone it is sooooo easy
Ahh Colorado... no wonder it's expensive!
The problem with this example is it does not show the cash out vs. Cash in comparison. I went through this carefully and I estimate he lost $21k on a cash basis. For example the cash out will reflect 20% down cash payment for the loan. Also I estimate his helper cost his company $17k on a 40 hour work week @$15 per hour for 6.4 months. So maybe he broke even if the helper didn't work that much. I wish Mark show actual cash payments out, not the profit.
Mark .. question .. is dropping the "to be" in sentences a Colorado thing? I enjoy how "ya'll" (southern thing) say that .. e.g. "the house needs clean" and not "the house needs to be cleaned" :) Awesome videos .. keep em' coming.
I have no idea. I try to be efficient
@@investfourmore that works .. thought it might have been a regional thing 😁
Do you have to pay taxes/capital gains on the selling price or the profit?
Profit
Are the walls textured
yup
How much for the blue Diablo at 17:28?
$400,000
Where I live, this house would be no less than $600,000 BEFORE before it was rehab'd.
It would go for about $100k, post remodel, in my area of the Midwest. (And 'minimum wage' jobs start out at $12/hour, so it's pretty affordable here!!)
Where the freak do you live?!?!
Western Wisconsin. Less than an hour to the Twin Cities
Way over complicating the camper situation. Push that thing into the street, now its the cities problem, and its not your vehicle (supposed to be registered to somebody) and if its not registered, it gets towed away and auctioned off.
Do you have to have a real estate license for in one to use your system on flips?
I the answer to my question on your web site.
Nope
A house that ugly (in the beginning) would sell for 30,000 in my area. There are some drop dead gorgeous houses that sell for 140,000 in my area as well and even prettier fancy houses for 220,000++. I live in a decent sized city in Texas. Location location LOCATION. Nice work in the end though
True, but your taxes are 5 times as high
I love the Lambo
Thanks! I have a video on it here ruclips.net/video/JIf0UMGhrG0/видео.html
They’re a lot of houses that just went up for sale where me and my fiancé are looking, and a lot of the pics are crappy! We can’t tell if it’s a good deal or not because the pics are blurry and or just horrible lighting.
In the UK all the washing is in the kitchen
Wait is that your Lamborghini diablo? Sweet car
Yes, thanks! ruclips.net/video/Tcxt4U9Hq9c/видео.html
You rented parking space in a storage lot for 1 month, had the camper towed there, let the owners know where it was and gave them the code/keys. Then told them adios, sayonara and goodbye. I'm pretty close to the truth, aren't I?? LoL
It's gone!
4 big guys to push and pull to street.
minerals excluded? I thought the only place that is popular thing is WV property. Absolutely no property in WV includes mineral rights. (That may have changed the last few years)
Minerals are worth a lot here
I was checking out Boulder Colorado to see why homes cost so much. And I see companies like google are moving in.
Boulder has always been expensive. They had major restrictions on building.
Mark Ferguson - InvestFourMore Not always this House sold for 40 thousand 5 yrs back must of been really bad I guess.
@@ratj4715 this is not in boulder. Median price in boulder is around one million
Mark Ferguson - InvestFourMore My bad.
How do I find houses on MLS
Put moth balls and amonia in a bowl and place inside camper. The vapors will run anyone off.
The sell it. I would take it off your hands. Are you in San Antonio tx? Put an ad in the paper for a free camper. What is the problem? I would take it. A lot of people would take a free one.
oh all new windows also
Yes
Nice
Tow that camper in the road and then call the cops. Haha. That will work.
Where is this? Where I live it wouldn't sell for $155,000 even after flipped, not even $100,000. Location, location, location. A big problem. Ah, I discovered it's Colorado, still, good grief.
i laughed when he said 220 was a lot of money for that house ahaha. in my area it would cost $1mil. not even joking
even if it were in that kind of neighborhood tbh
Yes, but you obviously live in one of the highest priced areas in the world
No hood/vent over the stove?
I would have to check again lol
I live in Alabama if someone left a camper in our yard it's ours now lol it would get towed off and put in the woods as a hunting shack lmfao 😂 or fixed and sold on Craigslist