3 Nightmare Scenarios For Your House Flip... I Have Them All

[@Edward.Minaya]

One thing I've learned through experience is to remove emotions from business. Look at things for what they are. Impulse can really hurt business.

[@ed8605]

When you're walking the properties, be sure you're looking for termite tunnels on the exterior of the house. You will even see them on brick as they are making a pathway to where they're entering the property.

[@austinswift4089]

Been watching all your videos from the beginning... 23 and you inspired me to get my journey started💪🏽

[@EliteClinicalResearch]

I would recommend Boracare to spray down the studs to prevent any future termite damage. I know you are flipping the house so doesnt really matters what happens after you sell it but it would be really easy for you to DIY especially for only 100 bucks in product and can last up to 30 years.

[@MrBmoore06]

You keep talking about how great your contractor is…. “He’s got you, and blah blah blah.” Bro, he’s got you but you’re paying him fat stacks of cash and meanwhile your properties are sitting and not selling. I know you guys have this partnership thing going on, I hope it’s an actual partnership where he’s fronting some of the purchase and holding costs as well and not just getting you “cheaper” labor. Because I guarantee you he’s still making bank on the labor even at a discounted rate. The dude seems funny and nice but don’t let him swindle you just because you’re new.

[@Renny12345]

Bro FAX that contractor is getting paid really good money, they love when they get hard money payouts because they know its guaranteed and what your probably getting, thats why u pay them cash n let them know ur not using hard money.

[@cthames6413]

1. Start marketing direct to seller. 1a.That way you can have a 3rd party professional home inspection which most wholesalers won’t let you have 1b. You can wholesale the “base line” flips and only take down the home runs 2. Match the comps 2a. Don’t “hope” with your ARV.. if none of the houses have vaulted nice ceilings yours shouldn’t either. You got to remember this isn’t hgtv and you aren’t living in it. Over spending on rehab is the easiest way to blow a deal Ask me how I know.. been there done that. All that being said you are doing more than 99% and this experience is worth its weight in gold in the long run. Good luck brother!

[@johnho9428]

Totally agree have to fix with what comps in the area are doing , new builds around Houston can take your ArV price down if you fix around downtown where new builds are popping up everywhere.. with warranty and at a lower asking price buyers will not even want to see your home.. happened to one of my buddy .. now he just wants to break even after holding for 6 months. Big money can be made and lost need to do due diligence and be 100% sure you’ll make money or walk .. no one runs a business on maybe if everything goes as plan , because nothing goes as planned so that 100% sure is actually 70% when it’s all said and done .. gl on your ventures. Btw your money is more important than rushing to buy a flip for content.. buy a flip because you know it’s a solid deal. We all know this is basic stuff I’m saying but sometimes you need to hear it again .

[@DanielHo-b6x]

If you want top dollar, I'd recommend replacing those tile floors.

[@anthonywiley6138]

Great video Jackson keep ‘em coming

[@johnho9428]

Totally agree have to fix with what comps in the area are doing , new builds around Houston can take your ArV price down if you fix around downtown where new builds are popping up everywhere.. with warranty and at a lower asking price buyers will not even want to see your home.. happened to one of my buddy .. now he just wants to break even after holding for 6 months. Big money can be made and lost need to do due diligence and be 100% sure you’ll make money or walk .. no one runs a business on maybe if everything goes as plan , because nothing goes as planned so that 100% sure is actually 70% when it’s all said and done .. gl on your ventures. Btw your money is more important than rushing to buy a flip for content.. buy a flip because you know it’s a solid deal. We all know this is basic stuff I’m saying but sometimes you need to hear it again .

[@AC-qo8oq]

Been there on my first flip! 90% termite damage! Made a $50k profit (got lucky with sq ft that was not in accounted for, was 2500 Sq ft instead of 2200!) but it almost killed me.

[@Middleguy37]

Stay strong. This is a test for you. If you come out the other end you will be stronger for it. Good luck man.

[@clh85]

Just a thought - these videos are getting enough traffic that it is likely effecting the Zillow statistics on your listings.

[@rockhills]

That’s a good point. The real time aspect might definitely be a factor.

[@toddnobles2611]

Due diligence! Due diligence! Due diligence!

[@brianprelgo4553]

Crazy the house I just got under contract has termite issues and wood decaying fungus in the crawl space!

[@bustopgamer5802]

Hi, thanks for another awesome video. Can you update on "Hunnicutt St" ? I can see it's still sitting on the market. are you still paying monthly for hard money on that?

[@tonytucker8651]

I know he is being transparent with us, but be a human for a moment. He is going through an ordeal with this flip. Then you want to discuss a home that has not sold. Talk about horrible timing. To answer your question Yes he is still paying for it. Who else would be paying?

[@SK-lf1cr]

⁠@@tonytucker8651what a stupid comment 😂,obviously he knows the timing 🤦‍♂️

[@bustopgamer5802]

@@tonytucker8651 just wanted to know any other exit strategy he's planning. let's see if we get any update in future.

[@GoAzore]

The house fascia looked like it had termite damage on the first walkthrough.

[@quaminayoungllc.7516]

Who are your hard money lenders?

[@rockhills]

Sparklelending There’s a link in the video description