4 Bed & 1 Bath Investment Property Walk-Through

[@biggerpockets]

Jump to 2:20 to begin the tour ;) If you want more videos like this from Tarl, make sure to let us know in the comments & SMASH that like button!

[@tonymai6253]

yes, please

[@granolabar2732]

The only bad thing about this video is that i couldnt like it more than once, great video, very informative, helpful

[@bryanmartin328]

A publisher that provides the "Skip Intro" timestamp. Very classy.

[@1cruzian]

Thanks

[@Megan-nr1zv]

yes plz! this was very helpful, thank you for posting.

[@trevormullet7923]

As a general contractor this guy does know what he’s talking about. Also nice to see a flipper conscious of code 👍

[@priceandpride]

so rare these days

[@tarlyarber]

Thanks! ( this is Tarl)

[@deecee2174]

Well if you build in Seattle you NEED to know their ridiculous code or else some bureaucrat will screw you over on stupid stuff

[@coltenroney5108]

Pleeeeaaaassseee MORE WALKTHROUGHS LIKE THIS 😀

[@alisafavirealestate]

I just did a walk through of my latest Santa Monica flip. I'd love for you to checkout my KZbin real estate investing channel!

[@lg187788]

Feels more like 10k instead of 181k

[@SilverGoldGaming]

YES haha

[@mylesgray3470]

Seattle area, you need a 1/4 million to get a condo in decent shape. Anything cheaper than that will be a fixer. I used to think a six figure income was a lot of money till I got here. Inflation!

[@inquietoazul21]

That’s like 2 million dollars in San Francisco 😂

[@jessesimonds6744]

in TN, WV , Kentucky this would be 10k lol

[@kirisutegomen12]

I'll offer 20k and a pizza 😂

[@jamyourjam1692]

At the age of 16 my dad thought me how to repair and remodeling with some structural engineering like for foundation. Now at 33 I'm thinking about going for my realestate license and start a new venture in to the investment in rental property. After working in house remodeling for almost 12 years.

[@Locksmith_Evansville]

When you entered the garage the first thing I noticed was the new windows laying against the wall! More bonus!

[@jhrielly]

I was suprised he didn't mention it!

[@tommasolabarile3278]

In Italy, considering repairs cost and materials cost, there will be no doubt: such a old and messed building would be demolished and rebuild totally new.

[@mylesgray3470]

Tommaso Labarile I’ve seen plenty of renovation videos and I I’ve come to the conclusion that a major renovation is not worth doing. Just start over. Faster and better end results.

[@Gigi-us4jk]

In Italy, a 1900 house would be demolished no matter what the state??? Unless it would be an earthquake that would tear it down, good luck trying that!!! You don't know the construction laws at all in Italy, I presume if you say that.

[@ThePeriquito51]

@@Gigi-us4jk oh come on we are talking about concrete houses in Italy...compared to this ....it is piece of shit wood house in the usa.....what they have in the usa is space......but the majority of wooden houses are overpriced.....a concrete house in europe is much better than any wooden structure

[@blueprincesses6403]

Agree, the price should just be for the land (location) not the attached Properties( house and garage).

[@realmikeshear]

I cant tell you how much I appreciated this detailed walkthrough of an older home. Gets me pumped and excited about getting into RE again.

[@BossmanRich28]

I learned a substantial amount of insight and information from watching this. Very good perspective.

[@Helixal]

Excellent breakdown. Just saw a HUD home that was like this and listed way over a fair valuation. Went from being a 3/1 to a 2/1 when I walked it. Lesson learned: always walk before an offer

[@joeyoest1105]

I love the ‘no soliciting’ sign... I’m sure the salesmen were just chomping at the bit to knock on this door.

[@thuhuongdao6093]

Your channel is so much info and quality not like many others talking so much but doesnt give out anything! Appreciate that!

[@justSTUMBLEDupon]

I would add to the taking pictures is to also take video. With the iPhone you can talk to yourself, record video, and take pics while taking video. Just thought of it just now after watching this video when you mentioned taking photos

[@Johnsoncrna]

Super informative walk through! It would help to hear about exit strategy and real numbers. Is this a fix and flip or a rental? If a $60,000 rehab budget is not realistic, then what WOULD it cost? And consequently what would the purchase price be?

[@doingfinance4699]

Contractors are our best friends. This is one of the better more informative videos I’ve watched.

[@ArcAngellErzengell]

I grew up in Washington and this house look and layout makes me nostalgic for my child hood.

[@ArchvicGames]

Same here! Lmao

[@tonymedina4883]

Fantastic video, very informative. More walkthroughs, please.

[@the_reel_uh_tour]

I 100% Agree! I love walkthroughs

[@justSTUMBLEDupon]

Tony medina yes! More walk through and for sure. Learned allot just by watching this one. Can't imaging how much I would learn if I watched 20 of them I'm hoping, in real life, I do at least 20 walk throughs. Between what I can learn here and doing it in real life would be envaluable to helping me purchase my first rental property

[@alisafavirealestate]

Hey Tony! I just did a walk through of my Santa Monica flip. Would love to get your feedback!

[@detenburn]

Excellent presentation. One insight to the narrow bathroom: 100 year old houses originally had outhouses! Plumbing was an afterthought in most instances; as was electrical. Try retrofitting a bathroom after the walls are in... Personally, I’d walk away from this one.

[@JakeRichardsong]

This is one of the most practically useful videos. Thanks.

[@antsperry]

I TOUCHED the 'like button' but this was genuinely insightful af. I don't so much need more videos like this, though they're DEFINITELY appreciated, but I need to more real world examples from as many aspects of property management you guys can muster.

[@veightrwd8828]

That’s a tear down bro, plain and simple!

[@eliyahallmaras4931]

This is awesome! I can’t wait to get into the game!

[@adolpholiverbush5867]

How can someone even sleep at night asking almost 200k for something that should be leveled and replaced at a 1/4 of the cost

[@tarlyarber]

Good point! Its all dependent on the market you're in.

[@youaregoingtolovethis]

How? On top of a pile of cash that's how. The question should be how is someone dumb enough to pay the asking price? Supply and demand. As long as people are paying the crazy prices there isn't any reason for them to drop the prices.

[@himentourage]

Downtown Toronto be like: $1.4 Million with 6 offers above asking in the first week.

[@joethebar1]

Zack Howard in Vancouver, Canada, this would be 2 million

[@adolpholiverbush5867]

Here in Indiana this would be 8k lol

[@rodneykeeling1637]

That's a 25k house where I live.. completely remodeled it would be between 100k to 150k... It's crazy what houses cost out there.

[@Schyler__Parker]

Here in Missouri that's about the same 150k if lucky

[@tarlyarber]

This is in Tacoma WA. If it was in Seattle, it would have been around 400k to 500k to purchase as is, and worth 800k plus finished depending on exact location in Seattle

[@sheltonlovesr.8941]

5k Chicago. 60k rehab. Wow, that’s 4brm. Looks like 2-1 600sgft

[@nolanh1183]

I’m debating on weather or not to spare you of revealing the cost of living in San Jose :/

[@danielantonioriverarivera8092]

thats a 400k house in Cali, and thats w/ out being updated.

[@ShowBizJunkie]

He is cool, confident and has a nice deeper voice.

[@StinaMorgan]

Additional advice: Always carry a great flashlight with spare batteries. And I noticed there were more windows in that garage that were likely purchased and never installed. Could be a little cost savings. Not enough to make up for everything else. Oh, and I wanted to see the crawl space. How old was that furnace?

[@shinyam75]

Wow, you are so knowledgable, and I really like your demeanor, very pleasant and laid back. I am thinking of buying a house that is very similar to this. Didn't realize that it would could cost so much to rehab.

[@mirandaburdick57]

Dude, this guy is hilarious! I love the commentary on this entire video. We definitely need more walkthroughs with Tarl, he makes everything so easy to understand!

[@danj7290]

Really enjoy these walkthrough videos it's very helpful for new investors like myself

[@biggerpockets]

Glad you like them, Daniel! We'll make sure to keep them coming :) Let us know if there's anything specific you'd like to see!

[@danj7290]

Granted I haven't watched all of BiggerPockets videos yet but I would enjoy if you guys made a subcategory video to this one like if you guys did one on Plumbing then you would go through and talk about how to recognize certain Clues regarding leaks or obvious code violations but you would do a 10 or 15 minute video on each of the main structural categories like electricity Foundation plumbing and whatever else?... that is something that I would watch three or four times if not more.

[@513goldybaby]

You the man this the best video I seen with details in awhile

[@Cameron-ye5ur]

The new windows in the garage! That'll make it a better deal!

[@Art-ye7wr]

Great video!!! I’m actually doing a walkthrough tomorrow on a property that I’m considering Flipping. With me being a New investor and this possibly being my first flip this video came in handy in what to look for. I learned a lot!!

[@windygorge1]

Tarl is the man! He should be on biggerpockets payroll

[@seanrogers9863]

this guy just taught me that i know nothing... like John Snow... im the John Snow of rental properties... thanks man...

[@ArcticAstrophysics]

CRAZY. I'm in the process of buying a 157k house and it's a 1600 sqft 2005 3 bed 2 bath in the best neighborhood in my town

[@WeDullah]

Great video! We flipped my first house not too long ago and posted a video of our experience. We definitely plan to do more investing in real estate and I’m glad I watched this video before making my next deal.

[@jayram64]

Hey Yarber, thanks for the video. It was very helpful. Pay close attention to every detail is the way to go and ask many questions.

[@jacoba5131]

Discipline equals freedom I like this guy already

[@cookiethesnitch]

You did a good job of explaining this process well. I watch the HGTV shows and they are usually just flashy. You gave us a tutorial.

[@charlesjohnson7222]

Really profitable video/information. Would you provide a follow up video: 1. Work through the numbers in detail, rehab scenario - 3bd, 1.75bt; 2. Suggest negotiation techniques to arrive at the correct price for a profitable flip; 3. Address if and how this could be a buy and hold deal. Thank you!!!

[@larrygilliam8268]

Great questions to ask Charles! This is what none of the tv shows are tell or showing us, Yes Charles you are in charge! Like the old tv show. good job, good job

[@Z32orDIe]

This video was awesome definitely showed me a property that was not worth investing in. Looking forward to another video that actually looks promising

[@tarlyarber]

Thanks! We just picked up a SUPER BAD house that we are buying, way worse then this, but the numbers work out great. We will film for sure.

[@dolobrolic6066]

These types of videos are very informative and inspiring. 👍🏾✌🏿

[@emaritx8178]

Def need this guy in more vids! The vid was super educational & funny

[@jordyvillalta8488]

This really helped. Curios on how you got started to learn the remodeling industry like this.

[@mikemullins2919]

Good video with a lot of info and this guy is good on camera.

[@jamesd6717]

LOL at 6:55 moment. Man, the things we see at properties that are 50+ years old... Love the video, awesome work! Always something to learn from these uploads! A++

[@Ditronus.]

Great video. Thanks for sharing! Just moved from Olympia WA down to FL. I like all the activities the heat brings, but I miss some of that cool air!

[@coolvirus315]

Very helpful and informative video. Keep these coming. And you know what would be even better? A video of the rehab and finished product if the property was purchased. Would love to see something like that.

[@SeanLunny]

1) love the shirt. 2) thanks for the tips on what to look for! 💯

[@tarlyarber]

Thanks Sean! My favorite shirt!

[@DudeRealEstate]

JOCKO!!!

[@SeanLunny]

Dude Real Estate yes sir!!

[@emaritx8178]

I love the good work of the cameramen

[@COLTSWAY]

That house can be bought where I’m at for about 15-20k lol. Inflation is crazy.

[@themotorcycleguy5980]

Same here, maybe even cheaper

[@frankjdm4636]

Oh yeah and where is that?

[@COLTSWAY]

FrankJDM found this one is 49 seconds. Your just not looking. www.zillow.com/homedetails/2742-Lillian-St-Shreveport-LA-71109/51352104_zpid/

[@themotorcycleguy5980]

@@frankjdm4636 west TN, North MS.

[@shelleygreyrealtor]

It's not inflation, it's location.

[@JohnSmith-ub4xk]

The birds started laughing as soon as you started talking about numbers. Lol

[@pathtobillions8070]

With how much has to be fixed and changed it sounds like you might as well build a new house at that point. Thanks for the walk through video!

[@tarlyarber]

Agreed!

[@nokia88476]

You guys should do more video like this with itemized cost for renovation

[@JustinAbroad]

If you have to ask questions. You cant afford it

[@kirisutegomen12]

@@JustinAbroad you don't have to be an asshole

[@CryptoBlick]

This is a great video. Enjoyed the walkthrough.

[@SustainableCraig]

This video was super useful! I really enjoyed all the details, analysis of the layout, and the numbers. More videos like this would be awesome. Keep up the good work!

[@Naswillshine]

This was super informative and even great for renters to know about the “legal” bedrooms. People will try to rent out the closet itself for a bedroom in bigger cities.

[@ArtisticallyAspiring]

I learned so much. Omg. Thank you so much. Please make more. I’m Ready to do a walkthrough right now and it’s 3 am lol

[@brennanrichardson4711]

Love the video, it would be great if you did more videos like this for those of us who don't understand construction.

[@MonicaSoyemi]

Can we talk about oil tanks, boilers, meters etc as a first time home buyer everyone always says to check those things but what do they do?

[@timmy101able]

Watching this video sitting on a beach in Hawaii right now... makes me want to be financially free so I can travel more...

[@acelyne]

The "small bathroom" is actually pretty big compared to some bathrooms I've seen in SF.

[@alanlotus9311]

Great walkthrough. Thanks for advice.

[@4selfimprovement]

Thank you for the video. More walkthroughs please!

[@biggerpockets]

You got it! Thanks for watching and for the comment.

[@leftdsantiques7926]

@@biggerpockets run away.

[@ericenglert64]

Hey, nice video. You didn't notice, but there was a stack of new windows along the wall in the garage. That will save from having to buy them.

[@tarlyarber]

Crap! We would have bought the house if we saw those!!

[@stellaadaoracharles3694]

Very helpful video and thanks for the tour.

[@TheSuper202]

This guy is the best !!!!!!!

[@Yendi233]

More videos like this please

[@MackTheGovnah]

This was awesome! More of these. Make it a series Brandon.

[@LadyJ.T]

So helpful thank you! Love the shirt too! And yes more videos like this please!!

[@joeo7257]

To me it is a two bedroom house with a nice attic.

[@putheflamesoutyahoo1503]

Solar shingles and controllers up there with a split ph unit

[@thecliff4670]

It looks like the 2nd floor was added on years later by a handyman.

[@2006jayden]

Excellent video, great tips . Please do more .

[@BBs1mon]

appreciate these types of videos. really learn a lot.. hope to see more Loses so we can identify Wins

[@aliciaarroyo6]

I love this type of video! Keep doing these please!!!

[@rocketdogticker]

Seriously any chance they sell that garage separately? Let me know

[@grgandik2629]

Very nice video. What if you are not so lucky and find out that the rehab is going to be way more than you estimated after you get in? What should be the exit strategy?

[@kirklenentine]

Being in the area and getting interested in finding wholesale property like this to invest in myself, I wish you were a little more specific on the location. Other than that, I thought this was a great video, looking forward to more like these!

[@tarlyarber]

Tacoma WA. Hilltop area.

[@kirklenentine]

thank you! :)

[@hughnelson5136]

Excellent video, great advice. Thank you.

[@michaelmiviri4125]

Love the shirt! Jocko! Awesome advice.

[@drnol461]

Interesting, informative, and easy to follow. I laughed out loud at "Fuckin' A!" Thanks so much for this video, can't wait to watch more!

[@sophia4christ]

Excellent tutorial! 👍🏽💯❤🇯🇲😁

[@andrewhunt8908]

Nice shirt. GET AFTER IT!

[@sinciti9354]

lol i havent even started investing yet and thats a no from me dawg. everywhere you turn is a new problem

[@ChadLeton]

More of these would be stellar!

[@lizcedillo4602]

Learned a lot. Keep them coming?

[@zionbar8379]

awesome video packed with value thanks a lot buddy!

[@AuthentikClothing]

His shirt tho.... Woke me up lol. 👩‍⚖️Yeah okay . Great Video..

[@jamiemarkel6654]

Thank you, more walkthroughs please!

[@tarlyarber]

We have a SUPER BAD one we just got our offer accepted on, going to walk through that one and film for sure.

[@ms.t.7319]

Very helpful and informative video.

[@peterprok4279]

Thank you for such detailed video.

[@starttofinishmediaco.2520]

I keep expecting some axe murderer to pop out of this place lmao thx for the good walk thru! super informative

[@driven39]

I'd offer $2,500 for that place! It's not that bad if you know people with reasonable prices. $2,500 is my bid!

[@extremejoy]

It would have been nice to see you take photos so we can see what you’re doing in real time.

[@natabulous6429]

Very informative! Do more please

[@timmy101able]

Great video!! Please do more like this!!

[@adrianalfaroseo6511]

Cedar shake is so expensive. Can you use a less expensive cement board on the side walls and rear of house. I usually pull the sides and rears and put up stucco @ $35-45/ per linear yard. Almost invested in Tacoma when houses were 40 to 50 k.

[@RaymondRChammas]

Amazing how different real estate markets can be. That is a $20k house in columbus ohio.

[@jenniferkitchenoir281]

5000 in Indiana

[@deonamey]

Great video. Thank you for sharing

[@amely6932]

That looks like almost an $80k+ rehab.

[@mylesgray3470]

Amely *** true, which for this area is still a decent return on investment in today’s market. Would be worth an easy 300k in good shape. Times like this never last. There prices are ridiculously high.

[@jwl1278]

It would be less than 80k AFTER rehab where I live.

[@brandonwilkins6816]

Lmao that house worth like 20k where I live. After rehab like 75k

[@andrewdiamond2697]

I'm thinking $120k. You have wood rot, windows, roof, 100% of electrical, and on and on. Maybe you don't need HVAC and maybe you don't need to do anything with existing plumbing. Ther rest is a nightmare.

[@rajpatel4806]

Great Job Tarl! Very informative.