Calif. prices would give you several acres and a fancy house where I live. It'd be like a huge raise or bonus if Californians moved to a different state even if they took lower paying jobs.
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?
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.
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.
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.
The sold price (1085000) - purchase price 700,000 - all other costs (inlcuding rehab, financing fee, commissions fit) etc, you'll get the profit. Then the profit/all the cost (purchase price 700,000 + all other costs (inlcuding rehab, financing fee, commissions fee) = 864,280 ), you'll get the projected profit%
Hey! @chiminreign_7125 Did you ever get the help you need? I would love to help you in any way I can especially funding your transactions. Reach out anytime.
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 !
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
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!!
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.
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.
@foxygaming428, How are you since your last post? Did you get your questions answered? I can be a resource for you or even funds your transactions if you need it. Feel free to reach out!
Yes! Thanks for your interest. I just launched my coaching program, Transform Flipper Academy, to teach you flip houses the right way. If you're still interested, you can apply here: transformflipperacademy.com
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
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.
Hey there I just wanted to know more about how you started, especially finding your builders, builders that you trusted. Talk to me a little about how that process went, as well as how you avoided mistakes related to contracting. That sort of stuff! thank you
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.
Hey! @wenolivia895 How are things going now? If you need help with anything including funding your transactions, I can be a resource for you. Reach out anytime!
Yeah, it was crazy busy! I'll have to think about it - not sure there's enough to talk about. The main thing is to price is a little lower than market price :D
Thanks! The bathroom walls are semi gloss, but the rest of the house is flat. I don't remember but I think the wall color is San Francisco Fog by Kelly Moore.
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.
Hi Elisa, I love your videos. I just bought a home in the bay area that also has popcorn ceilings. Did you have to get it tested for asbestos prior to working on it or is that something the contractor did and subcontracted accordingly?
Watch next: House Flip Before and After 2020 - $300K Profit from House Renovation & Garage Conversion
ruclips.net/video/BGwlfGNcRro/видео.html
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?
Great video. Can you make a video on how to work with the contractors to get the results that you want?
Love how detailed this is, as not a lot of people share this much in depth. Really appreciate your honesty and knowledge!
I'm so happy to hear that! Let me know if you are interested in learning anything else :)
When i heard you bought it for 700k I thought a massive house since i live in Georgia but I forgot its in California
Same! I was expecting a 6,500 Square foot house with a pool in the back. Lol
South Carolina over here, and I DEFINITELY had the same thought lol
@Student Blayson Aultman not in austin
Lol, I live in L.A and sadly I expected this and was not surprised
Calif. prices would give you several acres and a fancy house where I live.
It'd be like a huge raise or bonus if Californians moved to a different state even if they took lower paying jobs.
OMG, you are my new favorite channel on RUclips :)
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.
Where in the country are you located?
How are you able to get so many houses just in a year? Do you get a big loan that covers them all?
I smell bs
where in the hell can you buy a house for 10k.
@@rodneykerley9391 probably detroit or something
Holy crap you made $220,000.00k in 3 months wow that's great. Man I'm ready to start my journey this Friday.
So fresh and bright! Love it!
Yet i am 18 years old nd u r my teacher for next 10 years .. Great effort mam . Subscribed ❤
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?
Thank you for so detailed information
Nice solution on the tiles
You so smart good luck with everything 😍😍😍😍
How do you know if the wall is load bearing?
Quick question, how is the business doing with this economy. How do you make up to accomodate to the economy.
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.
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.
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.
wow thats amazing....im a real estate investing as well im working on my First Flip....
For living room what is preferred- Curtains or Faux Wood blinds? Please provide some input.
what kind of utilities or insurance you paid? do you take the permit from the township or the contractor takes the permit?
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
Could you (or someone in the comments) explained the data analyzer math, because I\m not understand how you got the number for profit?
The sold price (1085000) - purchase price 700,000 - all other costs (inlcuding rehab, financing fee, commissions fit) etc, you'll get the profit. Then the profit/all the cost (purchase price 700,000 + all other costs (inlcuding rehab, financing fee, commissions fee) = 864,280 ), you'll get the projected profit%
Hey! @chiminreign_7125 Did you ever get the help you need? I would love to help you in any way I can especially funding your transactions. Reach out anytime.
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.
I love this flip! I have never seen re-glazed tiles before but they look great!
Aww, thank you! Yeah, you can save so much money by reglazing the tiles :)
Is it a special paint for the fireplace reglaze?
Re-glazed is just another name for paint from home depot B.S.
We did this to bathroom tiles. It’s a really cheap fix that ends up a peeling mess. I do not recommend it,
@@onthehill3381 if you do it right with the right paint I have it one for 10+ years still looks good.
What color are the walls ?
How much did it actually cost to rehab the house (gutter, put in flooring, new kitchen, equipment, and labor, etc)??
Im interested in auctions foreclosures for flipping
Beautiful work!!! Can you please share the gray paint color on the living room walls? Thank you!
Cali aught of be ashamed of itself.. $1.5 mil for those P.O.S houses??!!
I really like your video
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 !
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
Beautiful.
I've never seen another Utube channel where the house flipping process is so well explained. Very detailed.
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!!
I love your videos.
Do you need a permit to take out the non load bearing wall?
Yes, it’s usually required.
I love this job
(Flippinggeniuss@gmail com)
Entry level home be over a million dollars 😬😬😬😬 beautiful Reno, love love the open kitchen.
Yeah, home prices are crazy in the bay. Thanks!
Did you need to put down 20-30% then pay 80k in rehab? How does that work?
Great video. I want to do my second flip this year.
very cool transformation!
what kind of house design is the easiest to sell ? modern , european classics, or minimalist / contemporer ?
It depends on the area.
@Floridasky1977, How are you? If you need help with any of your transactions including funds, I can help you. Feel free to reach out.
Thanks for the information
My pleasure! Let me know if you are interested in seeing anything else on the channel!
I recommend getting a wide angled camera! But great video keep it up, thanks for being showing all the numbers !
That was great! What month and year did you sell this?
@rerichdad, How are you now? If you ever need help with funding your transactions, do not hesitate to reach out.
how are your closing costs so low?
Hi! How did you calculate the 26% projected profit? Great work!
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.
Could you share the brand of the Laminate floors, there are like 1000 options : ) ??
Sorry, those floors are discontinued ☹️
@@TransformRealEstate Could you share the Manufacturer’s name ?? I understand the exact floor might be discontinued
I LOVE what you did with the house 😭😭
So glad to hear that!
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.
Great video! 👍
Thanks Sang! I'm starting to get a hang of RUclips video making :D
Do you need your realtor licenses to sell and flip?
No, you don’t. I never had one.
Could you list the link to the materials you used in the flip?
@chenwang5857, How are you? Did you ever get your first deal? If you need help with transaction funding, feel free to reach out.
Dayummmm love the transparency ! Keeping it real. Subscribed
Those glazed tiles though 🤣🤣
What’s considered an “entry level “ home?
This is amazing
Is this in the Bay Area?
How do you get into house flipping, through a loan? There’s no way I could get a house to flip if I don’t have the high amount of money to purchase it
@SA-ii1bj How are you now? If you ever need help with funding your transactions, do not hesitate to reach out.
What you mean by entry level houses someone please explain
@foxygaming428, How are you since your last post? Did you get your questions answered? I can be a resource for you or even funds your transactions if you need it. Feel free to reach out!
Can you teach me how to fix and flip house
Yes! Thanks for your interest. I just launched my coaching program, Transform Flipper Academy, to teach you flip houses the right way. If you're still interested, you can apply here: transformflipperacademy.com
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
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.
Hey there I just wanted to know more about how you started, especially finding your builders, builders that you trusted. Talk to me a little about how that process went, as well as how you avoided mistakes related to contracting. That sort of stuff! thank you
nice job
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.
I love your videos but they can be hard to watch because the camera keeps tilting and sweeping around rooms and hallways.
Who was your mentor ?
What license is needed for flipping house ? 😉
No license needed
@LauraLigmail, if you ever need help with transactions funding, I can be a resource for you. Reach out any time.
Can someone tell me what city is this please ?
This is San Jose
Do you use hard money lenders? Curious to know what the mortgage payments or interest for investment prosperities are like. Thanks love the channel
I'd like to know the answer to this question as well
Great content and very thorough….thank you
May I ask how did you find your contractors?
Hey! @wenolivia895 How are things going now? If you need help with anything including funding your transactions, I can be a resource for you. Reach out anytime!
Do you always sell the house fully furnished?
No, I don't. I just have it staged so buyers can visualize better. It really helps.
@@TransformRealEstate What do you do with all furnitures after you find the buyer?
@@rickysudargo3922 there are staging services. You can google in your area.
what city is this
I really like the kitchen island. What did you use on the counters?
Thanks! It’s prefab quartz countertops.
Am from India so can i do this from India in USA or Canada like countries
how can u renovate a house in a different country 💀 typical from your country thinking like ths. go to school
@@seedcraft7689 if I can arraign a man who can do this for me then it could be much easier
wow wow wow....bravo.
Nice remodel for only $80k!
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!
Oh yeah, that's dope
What about property taxes while you were holding the house for 3 months ?
That's included in the Closing costs. I do get supplemental tax bills after I sell the houses though, but I deal with them when they arrive :D
i live in Seattle. shocked by SF price tag.
500 people at your open house?? Wow! Can you do a video on How to get people at your open house?
Yeah, it was crazy busy! I'll have to think about it - not sure there's enough to talk about. The main thing is to price is a little lower than market price :D
. Thank you .
Great job, what color do you use on the walls and was it gloss, semi or no gloss ?
Thanks! The bathroom walls are semi gloss, but the rest of the house is flat. I don't remember but I think the wall color is San Francisco Fog by Kelly Moore.
700k. What. What is the average California salary
Love it. Great Breakdown.
It looks so much better. Amazing price!
Great video first of all!
Just wondering if i can invest with you, I also live in SF, thanks
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.
Very informative and detailed! Great flip!
Hi Elisa, I love your videos. I just bought a home in the bay area that also has popcorn ceilings. Did you have to get it tested for asbestos prior to working on it or is that something the contractor did and subcontracted accordingly?
I’m curious about this as well
The homes are SO close together!
how did you pay for 700k?
Great information! Please choose another song for the background next time :)
(Flippinggeniuss@gmail com)
This woman has such a wonderful personality. How does she not have her own HGTV show?
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
Are you an architect
do you get to keep all the profits?
You look sooooooooooooooooo much like Miranda Cosgrove, that ICarly girl.
That fireplace and bathrooms are so ugly 🤢. But I'm glad you saved so much money!