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.
@investfourmore5 жыл бұрын
Thank you! I hate corny music
@harleydude-xo8pu5 жыл бұрын
Moving the camper is as simple as renting a truck with a hitch and moving it to the streets.
@elisscaliving58644 жыл бұрын
You’ll get sued
@harleydude-xo8pu4 жыл бұрын
@@elisscaliving5864 Just like Antifa gets sued for burning down businesses
@Sselena33956 жыл бұрын
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!
@investfourmore6 жыл бұрын
thank you
@brianv.56866 жыл бұрын
Maybe your MLS listing could include the camper, with the term "Mother in Law Quarters included" !
@investfourmore6 жыл бұрын
As a bonus, the mother in law quarters is mobile for when you can't deal with her.
@geecoffee14 жыл бұрын
heck yeah! flip that camper!
@selenamae70634 жыл бұрын
😆😆😆😆😆
@ConnieNY20132 жыл бұрын
Cute house with a yard, park, garage, and the kitchen was an awesome transformation.
@mildredjohnson71664 жыл бұрын
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.
@investfourmore4 жыл бұрын
Thanks!
@maggiesue48255 жыл бұрын
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.
@inspire7345 жыл бұрын
Moth balls and amonia, will smoke anyone out if you can pump it into the place. People can't breathe with it.
@greenearthblueskies85565 жыл бұрын
🤔😡
@mariayelruh6 жыл бұрын
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.
@investfourmore6 жыл бұрын
Thank you
@thesun-N-moon88855 жыл бұрын
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…
@TheSeedOfChange4 жыл бұрын
Did you grow up with a shower in your kitchen? Because there was a shower in this kitchen. haha
@precybheang68664 жыл бұрын
💖Wow.. I Love it. Thank U for sharing💖
@Trenttabor6 жыл бұрын
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.
@cneo9400TX5 жыл бұрын
i was thinking the same thing but then again it is CO. Here in HOU, 0 landscaping would get you 0 sells.
@kev71615 жыл бұрын
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!
@rochellejames62046 жыл бұрын
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.
@investfourmore6 жыл бұрын
Thank you
@karenhernke2816 жыл бұрын
The kitchen looks so much better!! Wow!! Great job. Even painting the garage helped a ton!!
@investfourmore6 жыл бұрын
Thank you
@SheayWithLove4 жыл бұрын
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!
@Isthatchicken015 жыл бұрын
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.
@joannahampton38084 жыл бұрын
Curb appeal is needed in most of your flips especially this one!
@seankeller965 жыл бұрын
Such a great video! Your providing the best RE videos on the web! Every video I’m learning more and more. Thank you.
@investfourmore5 жыл бұрын
Thanks!
@debbiee65355 жыл бұрын
Thank you for being so-o patiences with these people. Good judgment call.😀
@selenamae70634 жыл бұрын
With all the old fashion windows you take out of your houses you can sale them. People like me buy them for decor 😍😍
@wild0bill0554 жыл бұрын
Thanks for going through the complete economics of the project.
@beekind62675 жыл бұрын
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. 🤗🤗
@tribalfamily55305 жыл бұрын
I learn a lot from the videos to help in our landlord life- thank you.
@tylermundy79856 жыл бұрын
Thanks for these before and after videos! They’re super helpful.
@investfourmore6 жыл бұрын
No problem!
@marlinmr76 жыл бұрын
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! :-)
@investfourmore6 жыл бұрын
Thank you!!
@Kingfacts443215 жыл бұрын
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??
@investfourmore5 жыл бұрын
investfourmore.com/flipping-houses-no-money/
@danielvasquez58175 жыл бұрын
Thanks for the content man, your killing it, keep it up!
@jillygirl20245 жыл бұрын
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
@investfourmore5 жыл бұрын
Thanks!
@honestlyme42474 жыл бұрын
In Ohio where I live - that house would cost about $120,000 after the flip. You did a great job!
@BlazeTomBay6 жыл бұрын
Great videos as usual very inspiring.Just bought a duplex here in Milwaukee hopefully I can build an empire like you one day.
@investfourmore6 жыл бұрын
Nice good luck!
@adhc85605 жыл бұрын
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.
@robertruschak70836 жыл бұрын
Great content Mark along with your ambitions goals!!!!!
@investfourmore6 жыл бұрын
Thanks!
@Dontwantahandle06 жыл бұрын
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. :)
@investfourmore6 жыл бұрын
I know, I did not blow it up
@Dontwantahandle06 жыл бұрын
Ha, that would have been messy!
@lelanoel22466 жыл бұрын
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.
@investfourmore6 жыл бұрын
Very cool!
@JeffersonPapers5 жыл бұрын
I love these videos, so open book and very clear!
@Avotts6 жыл бұрын
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.
@investfourmore6 жыл бұрын
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.
@iheartlreoy81346 жыл бұрын
Is that the new office ? Shaping up nicely
@investfourmore6 жыл бұрын
Yup! kzbin.info/www/bejne/fXu3qpaJq7x0j8U
@BlazingSadles5 жыл бұрын
Looks like a ramshackle shed.
@fredieram5 жыл бұрын
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.
@investfourmore5 жыл бұрын
It is not yet
@catherinerandall19666 жыл бұрын
Nice breakdown of expenditure. Nice, cute little house. Isn't that a UFO @ 16:05?😉
@investfourmore6 жыл бұрын
Yes it was! lol
@OfftoShambala6 жыл бұрын
@@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.
@ted94 жыл бұрын
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..
@jdrose10005 жыл бұрын
Huge kitchen!
@titanninjawarrior5 жыл бұрын
So just to be clear, did they put on a new roof or not?
@iusedtobeanindian86255 жыл бұрын
How much for the blue Diablo at 17:28?
@investfourmore5 жыл бұрын
$400,000
@myoldfarmhouse43165 жыл бұрын
"Not horrible" in the Garage? It's Gangster Tagged!!! lol
@laurabaker88086 жыл бұрын
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?
@investfourmore6 жыл бұрын
That all depends on comps and your feel for the area. Stuff like that can be very market specific
@yelloworangered5 жыл бұрын
why did you decide not to straighten the fence and paint its interior? just curious.
@investfourmore5 жыл бұрын
We did paint the interior
@tonydomenech73244 жыл бұрын
Where did you buy the house. In Canada? .where.
@spikefivefivefive5 жыл бұрын
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?
@3pointkiller556 жыл бұрын
you are the reason for making me think flipping homes are easy to do
@investfourmore6 жыл бұрын
Not easy, but doable
@OfftoShambala6 жыл бұрын
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.
@investfourmore6 жыл бұрын
Good points!
@crissypinkley14045 жыл бұрын
Are the walls textured
@investfourmore5 жыл бұрын
yup
@ilaitiarakadrudru84645 жыл бұрын
Nice bonus my man ! 👊🏽
@Avotts6 жыл бұрын
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.....
@museumandtravel5 жыл бұрын
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.
@investfourmore5 жыл бұрын
For sure I would love to have bought it then
@Havok1212125 жыл бұрын
love this type of video!
@ethan35375 жыл бұрын
Damn Colorado is expensive. 220 for a house that id pay maybe 60-80 for in Waco.
@investfourmore5 жыл бұрын
yup
@cm015 жыл бұрын
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.
@ethan35375 жыл бұрын
Caleb M yup same in Texas. Prices are going up. Californians are coming in.
@Re5ist_ance5 жыл бұрын
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.
@investfourmore5 жыл бұрын
I have no idea. I try to be efficient
@Re5ist_ance5 жыл бұрын
@@investfourmore that works .. thought it might have been a regional thing 😁
@catnip29066 жыл бұрын
Do you have to have a real estate license for in one to use your system on flips?
@catnip29066 жыл бұрын
I the answer to my question on your web site.
@investfourmore6 жыл бұрын
Nope
@MRHIPHOPVEGAN5 жыл бұрын
Why would someone thumbs down this video ??? Great content
@investfourmore5 жыл бұрын
I have some haters out there lol
@dongemus6 жыл бұрын
Do you have to pay taxes/capital gains on the selling price or the profit?
@investfourmore6 жыл бұрын
Profit
@patallojomom5 жыл бұрын
They should have glass in the bathroom. That’s just classy.
@northshore88006 жыл бұрын
In the UK all the washing is in the kitchen
@awsomo532 жыл бұрын
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.
@eveliamarroquin3835 жыл бұрын
me gustó mucho!!! excelente!!! saludos!!!
@fahimfazli39853 жыл бұрын
How do I find houses on MLS
@TrinaGilmer2 жыл бұрын
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!!
@investfourmore2 жыл бұрын
Crazy
@knittingnana29395 жыл бұрын
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 .
@ShilohAcres22216 жыл бұрын
Cool was waiting for the finished product lol 😂.
@fancybrooks31566 жыл бұрын
No hood/vent over the stove?
@investfourmore6 жыл бұрын
I would have to check again lol
@MarkHakeScottsdaleAZ4 жыл бұрын
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.
@pealjam1115 жыл бұрын
I was waching this at 3am
@annaleighanichols77625 жыл бұрын
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.
@TOMKHOMION5 жыл бұрын
Nice job.....
@mikejd35d235 жыл бұрын
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.
@kirstencampbell25935 жыл бұрын
Why didn’t you just push the camper on to the street ?
@charlii59175 жыл бұрын
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)
@investfourmore5 жыл бұрын
Minerals are worth a lot here
@gulftherapy5 жыл бұрын
Dayum who’s blue Lambo was that parked at the park?!
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.
@investfourmore5 жыл бұрын
haha, yup anyone it is sooooo easy
@knappe32235 жыл бұрын
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.
@TourPace5 жыл бұрын
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!!
@sammy112320035 жыл бұрын
oh all new windows also
@investfourmore5 жыл бұрын
Yes
@wild0bill0554 жыл бұрын
I don't like that the floor is level with the ground. Problematic to say the least.
@jimrick66325 жыл бұрын
WHAT CITY?????????????
@SawmillerSmith6 жыл бұрын
I was checking out Boulder Colorado to see why homes cost so much. And I see companies like google are moving in.
@investfourmore6 жыл бұрын
Boulder has always been expensive. They had major restrictions on building.
@ratj47156 жыл бұрын
Mark Ferguson - InvestFourMore Not always this House sold for 40 thousand 5 yrs back must of been really bad I guess.
@investfourmore6 жыл бұрын
@@ratj4715 this is not in boulder. Median price in boulder is around one million
@ratj47156 жыл бұрын
Mark Ferguson - InvestFourMore My bad.
@rdnakx2506 жыл бұрын
I love the Lambo
@investfourmore6 жыл бұрын
Thanks! I have a video on it here kzbin.info/www/bejne/gHrJYYiDfM2lfZI
@bryanhachey6 жыл бұрын
Wait is that your Lamborghini diablo? Sweet car
@investfourmore6 жыл бұрын
Yes, thanks! kzbin.info/www/bejne/ipTbpWeLbq2kb8U
@jordansmith16266 жыл бұрын
17:28 Is that your car?
@investfourmore6 жыл бұрын
Yes, I have a few: kzbin.info/www/bejne/ipTbpWeLbq2kb8U
@curlyanneb19735 жыл бұрын
What a sad looking little house...even after remodel.
@myapologiesmissgurl50695 жыл бұрын
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
@investfourmore5 жыл бұрын
True, but your taxes are 5 times as high
@zxtennАй бұрын
WOW, those investors/lenders sure aren't cheap % wise considering you're both in the same business more or less, that's close to double the rate of a mortgage but similar to a banks personal loan and probably quicker since they are familiar with your strategies and quick repayment they probably just cut you a check.
@investfourmoreАй бұрын
I can get a wire in a day if needed. no appraisals or junk fees either.
@zxtennАй бұрын
@@investfourmore Thats excellent, I am sure your lenders know you aren't going anywhere and have built up a solid reputation with them. Since this is a 5-year-old video and you mentioned its getting more difficult to find great deals in older videos i guess in 2024 you need to thoroughly research and be patient 1st.
@sheldonhighsmith33335 жыл бұрын
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 !"
@le_th_5 жыл бұрын
Where I live, this house would be no less than $600,000 BEFORE before it was rehab'd.
@TourPace5 жыл бұрын
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!!)
@myoldfarmhouse43165 жыл бұрын
Where the freak do you live?!?!
@TourPace5 жыл бұрын
Western Wisconsin. Less than an hour to the Twin Cities
@zxtennАй бұрын
That sounds like an ODD story regarding the camper and the police as it had no plates on it so wondering how the supposedly real owners knew it was there unless somehow they drove by that house and saw it sitting there? Hard to believe a squatter could have the ability to move a camper and drop it off in someone's backyard but the bottom line is it's gone. The laws for squatting and bad tenants rights seem 100% geared towards them and not towards the owner. Seems like 30-50K is your average profit? Thats good when you consider you have multiple flips and sales going on annually.
@owleyes715 жыл бұрын
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.
@valbrooks26995 жыл бұрын
Ahh Colorado... no wonder it's expensive!
@greenearthblueskies85565 жыл бұрын
This guy should be teaching business skills in school
@50_cal494 жыл бұрын
Still alot of work to do on the house for the new buyer.
@lindadobranetski63025 жыл бұрын
I love love it they never came and got it but it is now gone, I am not admitting to anything lol.
@23Josilee4 жыл бұрын
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.
@theblondeone84262 жыл бұрын
i would just park the trailor right in the street right there and then call the city again LMAO
@kaseythomas96464 жыл бұрын
The costs are outrageous, and the quality is mediocre. I would never buy there!