High End House Flip - $320k Profit - Full House Remodel Start to Finish, Before and after, Numbers

[@TransformRealEstate]

Watch Next: - Million Dollar House Flip - 6 Month Before and After Home Remodel 2020 kzbin.info/www/bejne/nmHOpnyiaq6cbtk - House Flip Before and After 2020 - $300K Profit from House Renovation & Garage Conversion kzbin.info/www/bejne/eHjanZl9g8iFqNE - House Flip From Start to Finish - $165K Profit in 10 Weeks! kzbin.info/www/bejne/Y2TZi6ifZt9soac

[@carletedmonds]

Thank you for being the coolest real estate flipper. You are so humble and not braggy. We love your content!!!❤️

[@johnvtran]

Love how detailed she is with her flips. She breaks everything down in an extremely easy way to understand. No way this channel stays under 20K subs for long.

[@TransformRealEstate]

Thank you so much for the love! So glad you like my channel!

[@Mangovideono]

6:00 “The sellers even left their wedding photo for me.” this… got me lol

[@jerrypie]

She was talking about buying it for 1.75 mil so I was picturing a really beautiful house. At 3:22 when she showed the house I screamed

[@tb11212]

Lol

[@TransformRealEstate]

LOL

[@tharicshop9966]

same

[@chriss6356]

The prices for homes in this area are crazy to me. Where I live, a 1.75 million dollar home is a palatial mansion with luxury and high end finishes.

[@japhetmedina2588]

exactly she said over 2 mil in that neighborhood and I was like😰

[@timelizz7719]

Yea it’s truly wild to think that mess of a home is worth even half a million 🤦🏽‍♀️

[@AgentAO7]

I laughed at the wedding photo being left behind.. This couple is soooo done with each other!!! Lol 😂

[@rosannagiovinco8187]

Love watching your home remodeling. Gives me hope to be able to remodel my home one day.

[@christinaanthony7531]

Love that you saved the beautiful bathroom cabinets and front door.

[@marlenesathekge6916]

Yes!! And she scores, again!! Great job I love that you made the floors level. The only thing I would change is make the kitchen island massive (4/5 seater).

[@TransformRealEstate]

Thanks for the encouragement! Yeah, looking back, we might have been able to the kitchen a little bigger. The door to the garage was in the middle which made it challenging.

[@wonderland1452]

I dont even pay 175k for house like this in houston. Price is sky high in bay area.

[@rosaqqe]

Wow, the after is so lovely!

[@Amal_hope11]

Great final results and beautiful video! I wish you shared the before and after house plan map. It would be very helpful to see which walls come down and how the layout has been changed.

[@natalielawyerchick]

Location really is everything. Because I can’t believe the original purchase price of this house. I thought my area was expensive. 😳

[@kattypops4205]

I have no plans of flipping anytime soon but I love your channel. You deserve a million subs!!

[@weekendmanager]

I really like your kind snd soothing voice.

[@AliPrieta]

Stinky as hell LOL honestly I could smell it through the TV, Good job well done on the remodel

[@lindap.p.1337]

Beautiful reno!

[@luissolano101]

Amazing flip Congrats 👏 👏 Thanks for all the effort you put in to this video goes to show that real estate flipping aint that easy as people think... Thanks again Elisa 👍

[@svietka202]

great video and u obviously know what u r doing but still, the kitchen was a bit on a small side for a house this size

[@TransformRealEstate]

Thanks for the feedback! Yeah, we could have made the kitchen bigger...

[@amymontondo8127]

I love watching your videos and have learned from your videos. I am working on my second flip. I just think it's something that you repaint existing vanities, tub surround and use boob lights on a $2 million house that I do the same on $120K house. Although I don't think I'd ever paint a tub surround. You're very inspiring!

[@TransformRealEstate]

Glad to hear that and congrats on your 2nd flip! It may seem strange, but a $2MM house here might be the same level as a $120k house in your area cuz prices are so inflated! I try to be careful with my budget and only spend money on where it matters :)

[@l.g.4451]

Beautiful transformation and great detailed info. I noticed in several of your flips, that the toilet seat is left up. Would look better with it down--just a suggestion. Many model and parade homes will even put a ribbon on the lid so no one uses it to keep it clean and fresh smelling.

[@MunishKumar-jv5rl]

what's a good source for finding all neighborhoods with good school districts in my market? thank you for sharing your flip projects, I love how you execute.

[@strngenchantedgirl]

I’m really surprised that buyers weren’t turned off by the shower surrounds in the bathrooms. I would have thought a high end market would demand more luxurious finishes. But I don’t know the Bay Area market.

[@SangHTX]

Beautiful remodel! Great job!

[@TransformRealEstate]

Thanks Sang! Glad you liked it!

[@MyJooniverse]

It stuns me that people just move out and leave their homes like that. Disgusting!

[@tylerle5708]

Usually the reason for that is because they have a time limit on moving out of the house and maybe they didn't have time to clean everything up, but since she gave them a free rent back then I'm not sure what the reason was.

[@theshinythings123]

She told them to leave all of their stuff as free clean-up service. Not rude if you actually paid attention to the video.

[@Wyldbutterfly028]

Not me. The people who lived here before me were pigs. I had to use a putty knife to scrape grease off the kitchen cabinets and counters.

[@LittleMissCuki]

She has said in other videos that she provides a service for the home oweners where they can leave anything and she will clean up. I just dont know why she sometimes sounds as if thats not the case saying things like they left all this stuff so on

[@mariettedemarest5173]

@@LittleMissCuki maybe she started that service after facing this one.

[@nancychen8166]

love the detail before and after....i am really want to learn and jump. thanks for sharing your knowledge!!!!!can't wait for the next episode :)

[@nickorzel8599]

how much did the waterfall island cost you? and whats the difference in cost between the waterfall and just doing a regular island with no waterfall?

[@TransformRealEstate]

It costs $2k extra I think. This is in the bay area and building materials and labor are one of the most expensive in the country. If you live elsewhere, it might be cheaper.

[@mariannejassar894]

I just found your channel..and I'm in love...I adore your style 👍👍👍

[@TransformRealEstate]

Thank you so much! So glad you like my style :)

[@audreyl3889]

How did you remodel the fireplace?

[@spicynomad]

i was watching the video when you were talking about the feng sui thing and never hearing about it and i was was laughing sooo hard i forgot to leave a comment and like. im doing it now. ppl come up with strange things everyday about realestate. the power lines. the busy road, the wooded area etc. im thing if there werent power lines how would you get electricity and how would you get to your house if there were no roads and on and on.

[@cherrymao8247]

I’m in love with this remodel, and all of your other flips. We are in the middle of remodeling our own house and thinking about refinishing our current hardwood floor. Can you please let me know which stain you used? Thank you!

[@TransformRealEstate]

Thank you! It's Special Walnut. Good luck with your remodel!

[@nothing-pu4mk]

U r doing nice work I am confused about my career but now decided to become realestate flipper I’m 17years from India please don’t stop KZbin u will be successful

[@TransformRealEstate]

Thank you so much for your encouraging words! It's amazing that you are considering real estate investing at such a young age!! If you keep learning and put in work, you'll achieve great things!

[@nothing-pu4mk]

Transform Real Estate ur Instagram I’d please

[@nothing-pu4mk]

Transform Real Estate mam ur Instagram I’d please

[@muhammedali-rh1kv]

How are you able to keep the rehab costs manageable if the labor cost is included?

[@olivel8858]

How did she remove the step-down in the living room?

[@aiwu2738]

Did you use concrete to level up the living room floor?

[@TransformRealEstate]

No, we use wood sub floor.

[@ARUNKUMAR-gf3zv]

Very inspiring. One Q - Why flippers do not keep refrigerator? I have seen same in flip or flop show as well.

[@aikokakashi]

Where was the artwork in the master bedroom from?

[@robertamercinha]

This is so amazing! Love your videos!

[@jenna08rae]

I love your video style!!

[@TransformRealEstate]

Thanks! I'm so glad!

[@nyasiamcduffie1052]

Can you make a video on how to analyze a deal and what goes into the calculations?

[@TransformRealEstate]

I already did! Check out this video: kzbin.info/www/bejne/f6CrmnajjZl6pK8

[@SDavis2702]

"The sellers even left their wedding photo for me." 😂

[@jsell1968]

I am confused. There looks like there’s a step down into the living room and the living room is level with the sliders to that backyard. Did the sliders get raised?

[@TransformRealEstate]

No, we raised the floor entirely to make it flow better. Thanks for paying attention though :)

[@rifvega]

Looks good, great job!. One comment I have is about the recessed lights, I think they're a bit big, I'm guessing probably 6", I prefer 4" whick looks more modern and less busy.

[@TransformRealEstate]

Thanks! Yeah, I noticed that smaller recessed lights are more popular recently, and that's what we are using for new projects now. Good eye!

[@seanmalik5079]

Great job!

[@YKDDS91]

Holy smokes. The pre-flip price was 1.75 mil? That'd literally buy a luxury mansion in the southern U.S.

[@tatyjeong7699]

I thought the same!

[@dianad150]

Even after remodel, it is just an ordinary home by northeastern US standards

[@Elijah-Bravo]

I live in twin falls Idaho and for that price you could literally live like a king.

[@Music-tf1yn]

Where did she purchase this house from?

[@jadaj]

down here in georgia that can’t be any more than 300k depending on area

[@muahaha27]

This is gorgeous! Love the changes you made!

[@TransformRealEstate]

Thank you so much Shirley! I love how it turned out too! It's especially fun to compare the before and after - sometimes I forget how much of a dump the before was lol

[@nothing-pu4mk]

Transform Real Estate ur Instagram I’d

[@henrystrainsandmore3546]

Another great flip! I’m always excited for your videos!

[@TransformRealEstate]

Aww, thank you! I'm so glad to hear that!

[@arnaudbenard]

Thanks for the video. Could you explain the line items on 15:53? What are the financing costs, closing costs and commission?

[@TransformRealEstate]

Sure. Financing cost is the cost of borrowing money to purchase the house. Closing costs are title fees, transfer taxes, etc. Commission is the fees you pay agents. Watch this video to learn more: kzbin.info/www/bejne/bKPGdJ93m95karc

[@arnaudbenard]

@@TransformRealEstate Thanks!

[@biellaspointofview2054]

Great update! Camera movements were dizzying though, if the camera person can turn slower that'll be great

[@shehramdjafroodi]

Who do you consult to determine what you are going to do to a house during the remodel? And how would you describe your experience with regard to dealing with and managing contractors?

[@johnklin9383]

Another great video. I always love the before and after. Would be great if you had a video focussed on all the time and effort it takes to do a remodel. Who does the design, etc? Do you purchase all the materials yourself or the contractor? Issues dealing with the contractor, etc.

[@TransformRealEstate]

Thanks! I love showing before and after too! This video has more details on the remodel process: kzbin.info/www/bejne/nmHOpnyiaq6cbtk. I do the design myself usually with the help of my contractor. If it's more complicated layout changes, my hubby helps me put it in Home Designer software to mock it up. My contractor buys more materials. I pick them out at the store. For dealing with contractor, this video tells it all: kzbin.info/www/bejne/eZfCiIiKnriCldE

[@suleyman3362]

Guys do u know how they found this houses i mean are there any site to found like this homes

[@TransformRealEstate]

I get my deals by working with real estate agents. I don’t know a website

[@cryptonft308]

What formula do you use to calculate offer price? I thought most use the 60%-70% x ARV minus rehab cost; it seems you are around 80% x ARV minus rehab cost; is that because of your area? or just bc you are familiar with the comps? Great video by the way and congrats!

[@TransformRealEstate]

I don't use a formula because the numbers are very different when you look at a $500k VS $2MM ARV. The more expensive the house, the lower % of ARV you need to get. Check out this video to see how I analyze deals: kzbin.info/www/bejne/f6CrmnajjZl6pK8

[@Beyondseis]

1.7 mil? That look like a 300k house in the midwest

[@maddog3578]

Welcome to California

[@batliff]

The fireplace in the dining area is a deal-breaker for me.

[@peggychau9552]

Thank you for sharing your great information. I am in Los Angeles. Do I need permit by removing walls between living wall and kitchen for open concept? If yes, do I need to hire someone to draw a plan? Thanks again

[@TransformRealEstate]

It depends on whether the wall is load bearing or not. If load bearing, then yes, you need an architect and a structural engineer to do drawings and calculations.

[@taniksambo1969]

when flipping a house when are permits required? You can't just go and just fix what already exist with a permit? Like did taking down that wall need a permit?

[@promisrael780]

Amazing and inspiring, question how the closing cost so low? Only 5k

[@cvdpoll23]

Thank you for sharing. I look forward to see your video every week. Have you ever encounter foundation or termite problem in your flip? or any unexpected problem? Thanks

[@TransformRealEstate]

Glad to hear that! Foundation cracks sometimes, but termite is usually not a big deal. You just need to fix the dry rot and tent the house worst case. There's unexpected issues all the time lol.

[@dineshu8674]

Amazing flip. Really liking this house :) How do you get your rehab costs so low? I am getting quotes to update my kitchen (re-layout) and bathrooms north of 150k.

[@MultiFabulous14]

I’m not sure if you will see this, but how much does reglazing tubs and surrounds cost? Our bathtub is in perfect condition it is just pink

[@thewall4669]

You can diy with rust oleum tub and tile paint which costs $25 per box. I’d buy 3 of them if you want to go this route. I have done this on 3 of my rental homes. Nothing beats a new tub and new tile, but this option is cheap.

[@wonholover1507]

How muxh do u usually pay the contractors to build?

[@kkai9278]

Beautiful! What paint color did you use for the interior walls of this house? Thank you!

[@TransformRealEstate]

Thanks! It's featherstone by Kelly Moore.

[@kkai9278]

@@TransformRealEstate love the color and your taste!

[@soccermom1245]

Wedding picture!!! Ha!!

[@happydays1336]

I really love your videos. If I could make a suggestion, though: Please don't swing your camera around while you're walking through the rooms. I'm getting seasick!

[@RecklessTheory]

my home state CT has high cost of living but still 1.75m would get you many acres in a slightly packed suburb and large 4k sqft gorgeous home with a large pond and a 2k sqft guest house next to it the size of this one in a premium school district area. In a low cost state it would be a huge mansion with a large pool and 8k+ sqft easy. But where there are tons and tons of people the oppurtunuty to make such high volumes of income are greater, do it for 5-10 years aggressively and you can retire in a low cost area easy.

[@mrs.kjackson9301]

Nice video! Do you think you can do a video on how to go about paying back a hard money lender or a private money lender? Even if you dident make a profit?

[@TransformRealEstate]

Thanks! It’s pretty straight forward, and I probably don’t need to make a video about it - you just have to pay the money back even if you don’t make a profit 😅 On the deal I lost $50k, I still paid equity partner interest instead of % of the profit. That’s how you protect your brand and make sure they still will be open to lend you money in the future

[@johnjohn40100]

You know it's so crazy with bay area prices. How is closing costs so cheap? How is closing time so quick? I thought it takes months if a buyer needs to get a mortgage. Is this a straight cash deal?

[@weewee9464]

I’m just wondering, are you looking for private lenders?

[@jbhcrazyskills9508]

I'm sure she is, and I am too! hehe

[@kauserfatima175]

What are rehab costs?

[@TransformRealEstate]

I shared it at the end of the video in the numbers section.

[@mmandyyee]

You got Another nice house flipping. I tried to call a few hard money loan lender, they don’t lend to first time house flipper, can you advise me where I can go for hard money loan, thanks

[@TransformRealEstate]

I linked the lenders I've worked with in the description of 'How to Flip houses without money' video. You can also find an experienced partner and borrow under their name.

[@mmandyyee]

Transform Real Estate Thanks for replying, how to find an experience partner?

[@TransformRealEstate]

This video has some info: kzbin.info/www/bejne/imeTqWh4iMd8Z8k. My next video is about how to find a mentor. Stay tuned!

[@mmandyyee]

Transform Real Estate Thanks a lot, can’t wait to see your next video😀

[@jamiereynolds4521]

This house was worth 1.75 million before?! What the heck!!

[@Nam087]

That's the bay area for you lol

[@gericaceres4326]

Do I need to be a realtor licensed to flit a house

[@NateAzzopardi]

No, but if you are a registered agent, you can save some money on buying and selling commissions, as well as potentially have previous knowledge of the housing industry! Hope this answers your question, take care!

[@fadajoana]

Why do you keep having financing costs? Ive seen so many videos where you have so much profit, i would guess that at some point youll have the money to invest without any loans. No?

[@TransformRealEstate]

Haha! I usually flip 3-6 houses at a time, and I don't have enough money to pay all cash and do construction. Hopefully one day :D

[@truejayoh]

Profit vs revenue is completely different. It'll be great to post the amount of $ you spent on the renovation.

[@TransformRealEstate]

Yes, of course. I shared the renovation cost at the end of the video.

[@afshantaj8065]

I wish camera movements to be a bit slow.. I felt dizzy with all those fast movements

[@abujabi]

Geez, who were the divorcees? Depression and a Hurricane?

[@KimOfDrac]

This house literally sold for as much money as it would take my husband 100 years to earn😮

[@RM-vx1kc]

So disgusting. How people live like that 😖 you did great job. I’m curious how many people helped you with cleaning, remodeling and staging?

[@TransformRealEstate]

Thank you! My contractor has a big crew, probably 8-10 people. I also work with a great stager.

[@dochvtech22]

Look up Gene Kim

[@dragongeale0632]

Me: where’s the tv at?

[@amygo7374]

I love your channel, but the camera movement is too fast, I get dizzy! This is the first video I’ve seen without you doing the before walk through.

[@TransformRealEstate]

Sorry! This is an older project and I was just using my phone to film, not a gimbal. Footage from newer projects are much better ☺️

[@Man-u-flex]

How could that house be worth that much is beyond me

[@TransformRealEstate]

It’s in a top school district and right by Apple.

[@Man-u-flex]

@@TransformRealEstate I just purchased a old 2 family Victorian home in closter New Jersey for a great price needs to be gutted completely and I will do just that and possibly add a addition around 2,000 sf which would make it 5,000 sf 2 fam which I will be doing most the work myself with some specialist on certain things I will post a video once I close on this end of month.

[@Man-u-flex]

@@TransformRealEstate I just purchased a old 2 family Victorian home in closter New Jersey for a great price needs to be gutted completely and I will do just that and possibly add a addition around 2,000 sf which would make it 5,000 sf 2 fam which I will be doing most the work myself with some specialist on certain things I will post a video once I close on this end of month.

[@knightkimi]

During the 5 month negotiation, was this deal ever presented to other investors or kept exclusively to you? I see it was listed as $1,888,888 initially. No one else was willing to take it?

[@TransformRealEstate]

Why do you think it was listed? It was kept off market and I believe it was exclusive to me.

[@laurenbradynutrition]

I don't understand how someone could pay over 2M for a home that doesn't even have a hood/vent over the stovetop.

[@TransformRealEstate]

Where are you located? It's probably difficult for people out of the area to understand, but $2.5MM is the average price for homes in this area, and many people paid that price for fixer uppers. But I agree a hood probably would look better if the kitchen has enough space.

[@laurenbradynutrition]

@@TransformRealEstate I live in a small town in Washington state where 2 million would buy an epic home with an amazing kitchen and waterfront views. So I agree with you that location matters. I do love the marble infinity island you put it, it's beautiful.

[@thewall4669]

I don’t understand how so many people can afford a 2M home, if that’s the going rate. 30yr at 3% is 8500 month without taxes and insurance...insane.

[@laurenbradynutrition]

@@thewall4669 I agree.

[@SilverStitches]

No wonder Californians are leaving! Those prices are ROBBERY!

[@theshinythings123]

Most people who have homes here bought 20+ years ago or during the housing crash. So people can sell for a great profit and live like a king anywhere else in the U.S. I live in this area. The salary to rent ratio is amazing, but you can't own a house here unless you have a spouse and both make 100k+.

[@julietthurman573]

I feel like it lost its cool, unique character by making the living room level

[@meganrosbury3504]

I agree. I love having different levels and steps

[@happydays1336]

My elderly mother-in-law tripped and fell down the step into sunken the living room because she walked in a straight line from the front door to the stairway. She ended up with a black eye and I felt so bad for her. Because of this I'd never have a sunken room in my house. They do look nice, though.

[@happydays1336]

I had to place a chair in the corner by the stairs to keep anyone else from falling down.

[@Music-tf1yn]

Why don't the millionaires that purchase the home just buy a house that needs fixing up, and remodel it themselves, it will only take 6 weeks but they will save the 300k she made in profit off of them?

[@jbhcrazyskills9508]

Because 95% of buyers don't have the desire, time, or knowledge to do a full remodel

[@Music-tf1yn]

@@jbhcrazyskills9508 Its interesting how desires, time, and knowledge are the most important invisible components standing in the way of a huge savings. In other words laziness and feelings of inconvenience can cost 300k

[@PinkysIronDoors]

Improve your curb appeal with one of Pinky's Iron Doors! ✨❤️

[@ladybug7967]

Slow down your camera. It makes me dizzy.

[@chanillep3927]

I love the education and content, but PLEASE, PLEASE invest in a gamble, i think its called, that keeps your video stable. The way the videos comes out makes me dizzy! Plesse?@

[@johnklin9383]

Gimble, not gamble. I'm assuming a typo or auto-correct :)

[@TransformRealEstate]

Thank you! I do have a gimbal, but I forget to use it sometimes. I'll get better at it ;)

[@YeahIsaidWhatISaid]

That must have been an ugly divorce🤔

[@Butterflylovely5]

People are crazy to live in this old ugly houses and pay millions 🤮🤭😱🤯

[@peggybuetow1026]

Gray is no longer stylish.

[@alexelev1986]

They were actually living in there ? 🤮