HUGE HOME RENOVATION COST + PROFIT | Breakdown | How Much Money I Made
HTML-код
- Опубликовано: 8 мар 2022
- FINALLY, FINALLY, FINALLY sharing my home renovation budget + cost + profit.
1950s BEFORE house tour: • 1950s CHARMING HOUSE T...
Framing tour: • RENOVATING A 1950S HOM...
INSANE Home Renovation before and after: • My 1950s Home Renovati...
How to Save: • HOW MUCH MONEY TO SAVE...
How to Find Your Dream Home: • How To Find Your DREAM...
➜ everything you need to know ➜
✰ Download RELLA: apple.co/3GVohzZ
✰ Rella: www.rellasocial.com
✰ The Real Reel Podcast: linktr.ee/therealreelpodcast
✰ Instagram: @nataliebarbu
Shop these links ➜
✰My Amazon Store: www.amazon.com/shop/influence...
✰Like To Know It: www.liketoknow.it/nataliebarbu
Save $$$!!
✰Get $100 in delivery credit on Postmates: 2NSEZ
✰Get $7 off your uber eats order: eats-natalieb515
✰Get $30 off your Airbnb: www.airbnb.com/c/natalieb4391
✰Get a FREE uber ride: natalieb515
✰Sign up for Robinhood and get a free stock! robinhood.c3me6x.net/yG9ey
My equipment ➜
✰ Camera: rstyle.me/+CEhLsF_Rnlr7UOnXnx...
✰ Vlog microphone: rstyle.me/+iAYnZs5Wf4vu5kuPhf...
✰ Sit-down video microphone: rstyle.me/+EFhccDXVViK04a_r6A...
✰ External harddrive: rstyle.me/+tkgOv7a7boE2o2gVFT...
✰ Podcast microphone: rstyle.me/+FsskLZ9_6av3nPFnVD...
✰ My computer: rstyle.me/+k4KdcqcY29NAGDOiIW...
✰Copyright-free music: www.epidemicsound.com/referra...
FAQs:
What software do I use to edit? ➜ Final Cut Pro X
How do I edit my thumbnails? ➜ Procreate or Photoshop
How old am I? ➜ 25!
Are you hiring? ➜ Follow me on Instagram to see any upcoming job listings @nataliebarbu
➜ my email for business inquiries: nataliebarbu@tla-management.com
Some of these links are affiliate links. I may get a small commission on your purchase at no cost to you! 
Хобби
As for timeline, I closed on the house January 2021 and sold the house October 2021! So this was all done within 8 months. I uploaded this video 5 months after filming. ♥️ all in all, I thought I’d get a bigger return - BUT made a pretty good profit considering I put down around 330K in cash (down payment + mortgage for 7 months + renovations) and made 42K which means 12.7% return in 8 months! And hoping to reinvest within the year which is why I didn’t include capital gains tax. Hope this clarifies everything!
So you don’t need to pay capital gains tax if you reinvest that money into another house? That’s so much better than canada
Also worth mentioning that the entire house has custom cabinetry throughout, which are MUCH more expensive than pre-fabricated cabinets! xx
Amazing content, Nataly!! this is so helpful and valuable to see someone in my age range to be taking big steps like this. I’m so excited to do this in the future
Please post more of this content! I love understanding the numbers behind a flip. Thanks for your transparency :)
Is it just me or did the budget slide stop working when she started talking about the mortgage?
Oh no :( sorry about that!!!
Yeah same for me too
YAS we've been waiting for this one!! ❤️
Finally!!!
you made $42k in 8 months, this is more than or equal to a lot of peoples yearly income!! and your first home reno.. hoping the next one will be easier and more profitable! such an insightful video and I can't wait for the next ones!!
Thank you!!
It’s awesome you were able to do this, even if you had help from parents. Either way it’s hard work so great job! And the house turned out beautiful!
So so so helpful! We are going to be doing a huge renovation soon too! I just posted a video about our home buying journey but this is so helpful for those renovating!
In the future I would love to see more videos on renovations ! Loved watching your journey !
Hopefully I’ll do more of them!
So help and eye opening! I have no home buying/reno experience but I really thought you were gonna profit more from it
How do you decide who to go with for a contractor? How do you know if they’re trust worthy?
Good info Natalie! Did you include capital gains tax in that total profit? Or are you reinvesting right away to mitigate that extra cost?
Didn’t include capital gains! I’m hoping to reinvest this year.
Loved it ✨
Loved this video. Period!
We’ve built our house from the ground up and it’s still not finished bcuz we’re building for cash.
In the middle of building our home my kids n I were in a car wreck & I broke my neck, was bed ridden for a yr then realized had to leave Alaska where my hubby n I were born n raised as did our kids. We decided to move to TX for winter months and still snowbird 9yrs later. Since we’ve built our home for cash in Alaska we just lock it up, have security and family and friends watch it while we’re gone. My hubby still works in AK and sometimes go’s to the house and check on things also.
I also do diy projects so I have an idea of wood prices ect 😉
That’s why becoming a realtor is such a high niche carrier rt now!
Loved the video! Wondering where your top is from?? SO flattering
Skims!
I notice in Tampa,Florida the old houses are just as expensive as new construction and they need work done so my mom choose to buy a new construction home.
I think you are a beautiful, smart, and driven girl!!! I think you did a great job with the house and you turned a profit on your first flip ...at a young age!! There lots of know-it-alls and negative comments here that dont give you the credit you deserve...I know you have to have thick skin to deal with these people that likely dont have the means to do what you have done!!! Keep on moving forward and creating your own success!!!
That seems like so much work! In hindsight was it worth it? Would you do it again? Would you invest in different ways?
I would do this again but would do some things differently. I wouldn’t make the house as high end as I did and cut costs on that end but I’m super happy with how it turned out.
What an accomplishment!!!
where is your green top/ bodysuit? from?
What state are you in now? FL?
so confused by the buyers agent fee in the states you don't pay that in other countries only the seller does.
Beautiful ❤️❤️
Natalie, thanks for this. This was a real eye-opener dude. This is why I like your videos, even though I'm a guy lol.
Yay I’ve been waiting for this one! But question, so if you paid 20% down and then including all closing costs, with the $43K you made on the house, isn’t that a net negative? Like you would have ideally wanted the profit on the house to be greater than the amount you put into it? Just curious what the thought process was (engineer here haha)
it would be profit not including equity she put in
I totaled everything together so included in the 415 cost was my 20% down
So 40K+ postivie
Ahh ok that makes sense, that’s awesome Natalie! Inspires me to want to do the same (but hopefully when this insane housing market dies down haha)
💛💛💛
did you invite the past owners to see the result?
Yes!! It was so sweet 🥲
Q: what did you gain from this, like, you bought a house renovated it then sold it again bare in mind you didn’t design anything nor did you know what you were doing it was alll due to your family so what did you gain from it cos you sold it again it’s not like you rented it out
I did learn a lot! I did help with design and was involved in the process. I just had guidance from my family. And I made a proft
@@NatalieBarbu from the videos You’ve posted about the house I think your sister had alll the knowledge and knew what she was doing you didn’t have any ideas on what to do where looked very lost. Credit goes to your family ( your sister mainly)!
@@nooneimportantcutiex9895 what is your problem???
Really interesting to see the geographical differences in cost. $28k seems like crazy money for cabinets... You'd pay about $8k here!
It is definitely expensive but all the cabinets were custom
oh my 28000 on cabinets.
A 700k home where I live are legit mansions lol so crazy..
Yup! Charlottes gotten expensive
@@NatalieBarbu I live in Pennsylvania.. it’s insane how it’s so different state to state. Great job on renovations, the house turned out beautiful!
Just what this capitalist hellhole needs-more house flippers! Lovely.
This is unrelated but I feel like if you got a blunt haircut it would look so much healthier and thicker!
This was filmed 6 months ago haha so my hair looks much better
$225k renovations on a $395k house.... 6% ROI.. lol wowza. Could’ve made a better return in probably 24 months or less in rental income
I definitely didn’t make as much as I thought I would but I’m happy that I made a profit! If I were to redo it I would not have put that much money in the renovation. But I did this in 8 months so not bad. And it’s 12.7% return since I only put down 330K and got 42K back.
First
you way overpaid. i also come from reno families my father is a tradesman, my mother renovates her own houses could've been done way cheaper then what you paid.
the charlotte market has been crazy and almost every house is a bidding war which is why she paid what she paid.
Also, materials became so expensive. I don’t think I overpaid + I made a profit!
Was this the long awaited video? Sounds like you're basically saying everything is so expensive + hire professionals. It would be more helpful to show a more detailed breakdown on the costs and resources to get educated on home reno.
whoever bought a house for 737,000 is dumb
but glad you made a profit
The renovation was done by family members who's business is construction. She wouldn't have done this project without family members backing her up
You got a very low profit in my opinion!!!!
I was expecting more, but nevertheless I’m happy because it was a return in only 8 months
You are blatantly contributing to he housing crisis, its sick.