How To Flip A House For Beginners (Start to Finish)

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Marko - WhiteBoard Finance

Marko - WhiteBoard Finance

Күн бұрын

Пікірлер: 857
@deanmaxbrooks
@deanmaxbrooks 4 жыл бұрын
By far one of the best videos I've seen on house flipping, and with a nice motivational ending. Hopefully will see more of these documentary (Markomentary?) types of vids in the future. Also, would like to know more about house flipping, i.e. best areas to flip, how to find a reputable contractor, ways to save money, networking, how much carpentry and such you should know yourself, etc.
@WhiteBoardFinance
@WhiteBoardFinance 4 жыл бұрын
Markomentary! haha love it. Thank you
@kylemielke1021
@kylemielke1021 4 жыл бұрын
Yes I agree. Keep these coming as I stated in my comment I would love to know as well. I can't believe he did all that for $32k.
@brandonhart2397
@brandonhart2397 4 жыл бұрын
Love it!
@kittylizzle
@kittylizzle 4 жыл бұрын
lol Yu/66&(and Lee’skl
@ginaloveslife632
@ginaloveslife632 3 жыл бұрын
Agree!!!❤️
@WhiteBoardFinance
@WhiteBoardFinance 4 жыл бұрын
*Have You Ever Flipped A House or Plan On Getting Into The Business?*
@EpicFinance
@EpicFinance 4 жыл бұрын
It’s definitely part of my long term strategy!
@thomasparis5016
@thomasparis5016 4 жыл бұрын
Yes always wanted to do something like this. It’s intimidating though.
@cristalramirez648
@cristalramirez648 4 жыл бұрын
Future plans yes 🙋🏽‍♀️
@williampuentes2866
@williampuentes2866 4 жыл бұрын
Yes sir, doing multifamily now.
@CaseyBurnsInvesting
@CaseyBurnsInvesting 4 жыл бұрын
🥞
@InvestorCenter
@InvestorCenter 4 жыл бұрын
Real estate investing is a great way to build wealth
@johnjones2402
@johnjones2402 4 жыл бұрын
I own a few properties myself. It’s a great way to supplement my job income
@jayman4581
@jayman4581 4 жыл бұрын
John Jones howd you get started
@Real.Estate.Report
@Real.Estate.Report 4 жыл бұрын
Some would argue it is the best way to build wealth...
@angelicaortega8470
@angelicaortega8470 4 жыл бұрын
Awesome video! Very helpful! I’m a 23 yr old in Texas trying my very best to get into this biz! I’ve bought a couple of books , done research, spoke to locals , listen to podcasts , bought a truck this weekend(both bc I needed a new vehicle & it can be used in this business!) and subbed to many KZbin channels! I appreciate you guys!!
@Kudos2Kawaii
@Kudos2Kawaii 4 жыл бұрын
You got this Angelica!!
@charlisarogers7540
@charlisarogers7540 4 жыл бұрын
How is it going so far ?
@JoseGarcia-wh1wh
@JoseGarcia-wh1wh 3 жыл бұрын
How long have you been trying to find this out
@spiffyjass
@spiffyjass 3 жыл бұрын
I’m trying to connect as well!!! Do you have an IG to follow ?
@lessforloans
@lessforloans 3 жыл бұрын
Get after it $$$
@husnainlotia2707
@husnainlotia2707 4 жыл бұрын
He bought for 140k-ish, spent $32k on upgrade, and sold it for 240k. Property prices depend so heavily on LOCATION! and square footage. Its admirable how he could get 72% premium on value addition alone. Must be a pretty volatile neighbourhood that could take such a substantial hike.
@priceizzrite7258
@priceizzrite7258 2 жыл бұрын
Took the words rite out of my mouth...
@MattPryze
@MattPryze 4 жыл бұрын
I live in Northeast Ohio. So cool to see these types of vids near where I live!
@rancesmith5683
@rancesmith5683 2 жыл бұрын
Geez this is the best f’ing video!! I really appreciate the transparency
@nneisler
@nneisler 8 ай бұрын
Granite, Shaker cabinets, black hardware, accent wall, dynamic color in the bathroom, stair railing, vinyl floor. Nice video and nice looking place.
@jayrue239
@jayrue239 4 жыл бұрын
Just in case anyone is wondering he grossed about $56k before taxes after expenses... That's a great profit margin for 6 weeks of work. Awesome
@JesseParish-u2r
@JesseParish-u2r 2 ай бұрын
All u have to do is have a 100k to put down haha they make it seem like everyone has white white parents haha
@EpicFinance
@EpicFinance 4 жыл бұрын
So far I’ve only done buy and hold rentals, but man this is exciting! I hear The burbs in Ohio is a sweet spot! Awesome Vid!
@WhiteBoardFinance
@WhiteBoardFinance 4 жыл бұрын
Nice cashflow market :)
@stoneschanify
@stoneschanify Жыл бұрын
Appreciate this guy dropping gems. Wish he was in New York for us to do some business together. It’s rare to find someone who is willing to help and pass on knowledge.
@investwithdavis1235
@investwithdavis1235 4 жыл бұрын
This is better than HGTV👍 Regular guys showing its possible to be successful in real estate!
@WhiteBoardFinance
@WhiteBoardFinance 4 жыл бұрын
Thank you!
@zibzabzabzib2008
@zibzabzabzib2008 3 жыл бұрын
@@WhiteBoardFinance As someone who is completely new to this how would you recommend someone to learn the trade/process to do this?
@sithokozilemaphumulo7994
@sithokozilemaphumulo7994 3 жыл бұрын
You do know people on HGTV are regular people right? 😂😏 although this is good too because we get more behind the scenes intel 🤞🏽which is honestly clutch 😊
@FabiusMaximus1000
@FabiusMaximus1000 3 жыл бұрын
@@zibzabzabzib2008 Get a bunch of money to buy a distressed house. Figure out how to fix everything it needs. Sell it.
@iowkey_9339
@iowkey_9339 3 жыл бұрын
@@FabiusMaximus1000 fix everything yourself.. have the knowledge to stay within your regions laws and regulations. Know how to spot damage, like cracks, mold, water, bad wiring, bad plumbing, bad roofing - so that you can fix it. Have the money to buy everything you need to replace - tools, floor, walls, plumbing, kitchen, bathroom, wiring.. Figure out if months of hard physical and mental labour is worth whatever you're able to make of it.
@sunnyn9967
@sunnyn9967 2 жыл бұрын
Man this video is just dope. I am closing on my first home this month, but want to get in the flipping game next year. This video was my first step in the right direction. Thanks for teaching us viewers about the 70% rule and some of the ROI adding choices. Hope to see a video soon about commercial acquisition or multi family acquisition and flipping. Excited to get in the game!
@andrewmallory3654
@andrewmallory3654 2 жыл бұрын
You guys are incredible. I personally hate the color scheme but if it sells it sells!!! Amazing
@connerstevens5215
@connerstevens5215 Жыл бұрын
You an investor yourself?
@Innessofficial
@Innessofficial Жыл бұрын
I was thinking about that blue wall too)
@okthennone
@okthennone 4 жыл бұрын
They stick with the black hardware in case you were wondering.
@WhiteBoardFinance
@WhiteBoardFinance 4 жыл бұрын
lol
@james6794
@james6794 4 жыл бұрын
all jokes aside black is the new color everyone is starting to use
@Amethyst_-
@Amethyst_- 4 жыл бұрын
🤣🤣🤣
@jimmyhidalgo2680
@jimmyhidalgo2680 3 жыл бұрын
😭
@tyjameson7404
@tyjameson7404 4 жыл бұрын
I like the antique and bronze finish and decor..
@ImGeoX
@ImGeoX 4 жыл бұрын
This guy knows what he's doing. Nice job!
@WhiteBoardFinance
@WhiteBoardFinance 4 жыл бұрын
Roman is a pro and a good guy!
@thomasthurman2723
@thomasthurman2723 3 жыл бұрын
@@WhiteBoardFinance 8:36 where do I get same granite counter tops and sinks and price please?
@pitbossross2542
@pitbossross2542 4 жыл бұрын
How to Make Money 101: Step 1: Have money
@johnplaid648
@johnplaid648 4 жыл бұрын
I got 120,000. I'm not convinced it's enough to do anything with.
4 жыл бұрын
john plaid $120,000 is more than enough. Remember you want a business, not a hustle. Your first buy may take months. Buy something that really needs work, but good foundation. If it’s small , under 1200 sf, you can do everything yourself. Just watch 5-7 KZbin videos and get on it. Learn to cruise Craigslist, and clearance sections of Home Depot and Menards for good material marked down. There is nothing you can’t do if you are willing to fail. When i started you could see my drywall patching and middling from across the room, now after 20 attempts, it’s damn near perfect. I can install doors, floors paint everything (patience), cabinets. Electrical is easy - I do the work in the morning and shut all the power down. If you go to Home Depot or Menards enuf, you will find the FEW PEOPLE in there who know what they are doin*to advise you. Do the labor yourself, buY the property cheap not off MLS, Learn things like bandit signs and wholesaling, get materials at discount. Craigslist always has contractors dumping their remaining material after a job. I also get everything at Home Depot with 10-20% discounts as I buy stacks of competitors off eBay for pennies. Start small, buy right ( not off MLS), and make your mistakes. Also get every contractors number you can, and you will find your guy, but it takes time and they will TRY TO over charge a NUB. THINK LIKE AN IMMIGRANT. SERIOUSLY
@johnplaid648
@johnplaid648 4 жыл бұрын
@ I'm 66. Too old for the grunt work. Not that I look down on manual labor. Ever use a pick and shovel so much that your fingers lock onto the handles aka "ignunt stik" and you have to pry your fingers off? Ever smell the sweet Earth as you dig five feet down into the ground and tunnel under a sidewalk? All by your little self? I renovated my own house. 800 square feet. Top to bottom. I even replaced the sewer line all the way to the street. And I was working full time and over time. I used copper everywhere from 4" to 1/2". Gas line. Romex. Junction boxes. Metal receptacle boxes. Three way light switches. The space under my house is only 24" so I had to do a lot of crawling, sliding, twisting and turning. I'm the real deal. I don't know about you but I'm convinced that some The Home Depots are run by gangs. My only advice to anyone who bothers to read this is when you hear the phrase, "A little hard work won't kill you." don't believe it! Well, it WILL kill you. All the incredible hard work that I did wore everything out and I have arthritis everywhere. No, I need a supervisory job. I'm smart, reliable and honest and available 24/7. I love money. I should put some of my funds into places suggested by Fearless Leader but I don't trust anyone. Not even my bank and its personnel. (Oh, I have good reason. Banks will do what is good for them. Tellers will steal money if they can get away with it.) I would need a bonafide, iron clad contract. If the investee has to go out of business then I want all my money back plus interest. I still maintain that 120K is chicken feed.
@louispablo4576
@louispablo4576 4 жыл бұрын
john plaid your attitude is why you only have 120k saved up
@Gislaina
@Gislaina 4 жыл бұрын
redsoxfan hi can you elaborate on the “stacks of competitors off eBay for pennies” please? Thank you. You just have out pure gold !
@anastasiazoya2478
@anastasiazoya2478 2 жыл бұрын
The U.S. is short 5.24 million homes, but there are 5.9 million commercial buildings, containing a total of 97 billion square feet. Many business owners are wondering if living in their office space is a viable option.
@garsonmark2073
@garsonmark2073 2 жыл бұрын
Really?
@anastasiazoya2478
@anastasiazoya2478 2 жыл бұрын
@@garsonmark2073 Yeah!! With the current problem around the world today I think it's best everyone invest more in digital asset than Saving in banks and real estate. Just my thoughts
@garsonmark2073
@garsonmark2073 2 жыл бұрын
@@anastasiazoya2478 Speaking of digital assets do you mean BTC?
@anastasiazoya2478
@anastasiazoya2478 2 жыл бұрын
@@garsonmark2073 yes it is,digital assets are actually the best way to save money cause you are earning while you save unlike banks
@anitagugule996
@anitagugule996 2 жыл бұрын
@@anastasiazoya2478 Awwww this is the best explanation I've seen, investing in bitcoin requires good knowledge or best invst with an expert. I started investing in bitcoin just nineteen weeks ago,already made twenty Thousand bulks.
@Nellopi22
@Nellopi22 Жыл бұрын
Way to FREAKING go getting the info Marko.. ! Seriously. You asked all the questions that we'd want to know and THEN SOMEC
@clartro
@clartro 4 жыл бұрын
Love it, especially the last words of don't talk about it, do it.
@sergioovalle4506
@sergioovalle4506 Жыл бұрын
One of the best videos about flipping very detailed and lots of information
@moderncrunchymom
@moderncrunchymom 3 жыл бұрын
Very helpful, I'm just getting started in the Nashville market. Everything has gotten so expensive here and so much competition. Thank you!
@a7freeman
@a7freeman 4 жыл бұрын
This is pretty wild, some great friends of my fiance' and mine just bought this house about a month or so ago.
@RouRoro
@RouRoro 4 жыл бұрын
Thanks Roman & Marko for making this video!!! but dayummm 135k for a house!! You can't even buy a washroom for that price in the city where i'm living in.
@WhiteBoardFinance
@WhiteBoardFinance 4 жыл бұрын
Welcome to Cleveland suburbs. Lot of value here especially with all the amenities. Bad weather though
@adrianhummel83
@adrianhummel83 4 жыл бұрын
Nice! He profited 50-60k in 6 weeks! Solid work.
@QueTheChaotic
@QueTheChaotic 4 жыл бұрын
Thank you for the transparency. Very good video. I had a couple rentals for 2 year so I can relate. The hardest thing for me was finding reliable contractors. My houses weren’t in the most desirable areas (Detroit) but the ROI was high. Certain contractors would do work in the city. When I get back in the game, I’m going in better neighborhoods. It’s a lower ROI but she return an increased peace of mind for me
@ilikelittlejimmys
@ilikelittlejimmys 4 жыл бұрын
So, he made around like $55k in 6 weeks. That's pretty good but I'm still amazed at how little he paid for the house in the first place, crazy.
@AlexS-gn9tq
@AlexS-gn9tq 4 жыл бұрын
Just keep in mind that this case is not the first one in his career. I'm sure that he had made a lot of mistakes getting experience.
@princesamuels5981
@princesamuels5981 4 жыл бұрын
@@AlexS-gn9tq you can tell , But mistakes come with along with being experienced
@lasvegas531
@lasvegas531 3 жыл бұрын
@@princesamuels5981 that means he is alittle scammer?
@mikefishes6232
@mikefishes6232 3 жыл бұрын
if he held it for 6 months longer it'd be 120k profit probably
@WiseOnion
@WiseOnion 3 жыл бұрын
@@mikefishes6232 he made 50k in a month, so that means he's making 300k in 6 months. he's making more by flipping rather than holding a property hoping for a drastic increase in value.
@privateerinvestor2773
@privateerinvestor2773 4 жыл бұрын
your best video yet.... great education
@WhiteBoardFinance
@WhiteBoardFinance 4 жыл бұрын
Thanks for watching! It was a long one to film (took about 6 weeks) but worth it!
@mph5896
@mph5896 4 жыл бұрын
Tons of great tips here. One I love is cutting the subfloor out in the second story to access the mechanicals. Much quicker over messing with patching drywall. Subfloor could be cut and repaired in under an hour. Drywall, days.
@jamzempire
@jamzempire 3 жыл бұрын
Very true! They were going to do the floors anyways!
@callmekells802
@callmekells802 Жыл бұрын
I would literally purchase this property JUST because of the royal blue bathroom. Love it. Well done gentlemen.
@VeronicaGrimes_tc
@VeronicaGrimes_tc Жыл бұрын
@Tcallmekells802, How are you since your last post? If you ever need help with funding your transactions, feel free to reach out
@skoopqueen
@skoopqueen 2 жыл бұрын
PROCESS is the basis of wealth creation. One of the greatest things I learnt in investing is the two-year rule: for an investment to be termed profitable, you must be willling to wait on that investment for at least two years. But my biggest shock was the last investment I made with the help of an lnvestment advisor. I doubled my investment in 2 months and its super mind blowing!
@eadad4371
@eadad4371 2 жыл бұрын
Glad I came across this comment section. I was struggling to decide what to do with a good amount of money in the bank doing nothing. I would be happy if you could advise me, as I am ready to go the passive income path.
@skoopqueen.
@skoopqueen. 2 жыл бұрын
@@eadad4371 Alright so generally, investing requires higher knowledge. For this reason, It's important to have a solid support structure (financial consultant) to guide you through especially in asset picking. I operate with (REGINA LOUISE COLLARO) an investment advisor who partners with a licensed wealth management firm. For the record, the experience has been the best for my finance. She is quite popular for her services so you might have heard of her. She made me financially stable investing through her help, now I earn on a monthly basis through her passive income strategy...So I’ll advise you do get a good Investment advisor for yourself
@eadad4371
@eadad4371 2 жыл бұрын
@@skoopqueen. That’s great , your investment advisor must be really good,I have seen testimonies of people using the help of investment advisors in making them more financial stable. Do you mind sharing more info on this person?
@skoopqueen.
@skoopqueen. 2 жыл бұрын
@@eadad4371 look her up on the internet and leave her a message she's quite popular for her services as she was recently featured on cnn. She can work with anyone irrespective of where their located
@emeldcentor1474
@emeldcentor1474 2 жыл бұрын
@@skoopqueen. I have had the intentions of starting investing. But I always thought it was late and I think I need to stop procrastinating. I will definitely 🔍 Regina Louise Collaro and see what she can advise .Thanks a lot . This was of so much help to me
@2010Lewii
@2010Lewii 3 жыл бұрын
His last words hit me the hardest.. good vid.
@kajomusa2898
@kajomusa2898 3 жыл бұрын
This is by far the one of the best videos I’ve seen on real estate
@michael-1382
@michael-1382 2 жыл бұрын
For anyone watching this that wants to remove a wall you cannot just take out a wall and leave one stud in until the header is built like this guy did. It is beyond dangerous to the integrity of the house. There are proper ways to do this and this was not it.
@selavie5473
@selavie5473 8 ай бұрын
Yep , as soon as I saw that I stopped watching. I would probably take that video down if I were that investor. Can be used against him.
@zakphillips976
@zakphillips976 8 ай бұрын
You’re just jealous
@michael-1382
@michael-1382 8 ай бұрын
@@zakphillips976 jealous of what?
@realcarbonking
@realcarbonking 7 ай бұрын
Sure crazy mike
@lauralei6963
@lauralei6963 7 ай бұрын
@@zakphillips976 Poor thing. It’ll be ok😂
@chrismattingly4947
@chrismattingly4947 4 жыл бұрын
I knew Roman was the real deal when he started talking about hedging the capital gains with rental property Depreciation. Surround yourself with smart people. Good job Marko. Pat yourself on the back. ... #Buy Ferraris with bitcoin profit
@reginaberry1670
@reginaberry1670 4 жыл бұрын
It would be much nicer is he opened the house up a lot more. Still too many walls
@reginaberry1670
@reginaberry1670 4 жыл бұрын
He is definitely not a good designer
@Taidaishar
@Taidaishar 4 жыл бұрын
@@reginaberry1670 Gotta weigh what would look the best against ROI. There are lots of things he could've done to make the house look better, but would it have returned enough to be worth it? For example, if max price in that neighborhood is going to be 242, and he's already estimating 242, then there's no reason to do more.
@Iammom_2
@Iammom_2 3 жыл бұрын
Where do you get this kind of knowledge
@MobileHomeGeek
@MobileHomeGeek 4 жыл бұрын
Please make more videos Like these...You have the best channel out brother
@WhiteBoardFinance
@WhiteBoardFinance 4 жыл бұрын
Ty
@InvestorCenter
@InvestorCenter 4 жыл бұрын
Flipping house can be very lucrative if done correctly
@dakotah3043
@dakotah3043 4 жыл бұрын
It’s also super risky if you don’t know what you are doing and use a lot of debt
@lamelowilliams914
@lamelowilliams914 4 жыл бұрын
Dakotah Bowman yes that’s true
@bennygbutter46
@bennygbutter46 4 жыл бұрын
Wow big brain shit
@bmercedes1233
@bmercedes1233 3 жыл бұрын
Great video. I've watched sooo many videos....and the ending was very inspiring. I think it's time....thanks for sharing 👍🏼
@maximus01152891
@maximus01152891 3 жыл бұрын
Beautiful beautiful job!
@michellebowling1979
@michellebowling1979 9 ай бұрын
I’m a single mom and trying to get started. I’ve done all the research and watched all the videos and Yes, now to a point that it’s like either jump or stop watching. Of course, no one else I talk to is doing this or in a situation anything like mine and wanting to flip homes. But, that’s why I’m so motivated to do it. I think my biggest concern is finding the right contractor to do the work and it still be profitable for me. I obviously can’t really do the work myself.
@xindin265
@xindin265 8 ай бұрын
Thats every one's proplem not just you. Ask in your local community for recommendations
@MikeyBee-
@MikeyBee- 2 жыл бұрын
This video was GREAT!
@chris-ui2nt
@chris-ui2nt 4 жыл бұрын
That is what I'm talking about brother, this was a good video. I hope this gets you as many views as the car dealership video.
@WhiteBoardFinance
@WhiteBoardFinance 4 жыл бұрын
I appreciate that!
@dkozz1
@dkozz1 3 жыл бұрын
Good teacher. Thank you. I wish you good wealth good health.
@bart1meuz
@bart1meuz 4 жыл бұрын
first time viewer of the channel. I really liked the video.
@albertechevarria1707
@albertechevarria1707 4 жыл бұрын
Great video Marko!
@rory644
@rory644 4 жыл бұрын
Great job i love the sink and the black fossets, blue colour in the bathroom isn't my taste but looks tidy
@ChristopherAbelman
@ChristopherAbelman 7 ай бұрын
This Housing market crash might end up being a part of us for a very long time. With inflation currently at about 9%, my primary concern is how to maximize my savings/retirement fund of about $300k which has been sitting duck since forever with zero to no gains.
@HildaBennet
@HildaBennet 7 ай бұрын
The stock market is a way to hedge against inflation. Most notably amidst recession, investors need to understand where and how to allocate funds to hedge against inflation and still make profits.
@PennyBergeron-os4ch
@PennyBergeron-os4ch 7 ай бұрын
The enduring US housing market bull run evokes a mix of fear and excitement, presenting opportunities with insight, resulting in $780k gains in the past ten months, utilizing a portfolio advisor for a well-defined strategy.
@FinnBraylon
@FinnBraylon 7 ай бұрын
How do I reach out to one? my assets have been struggling since 2022 and I’ve been holding on by the skin of my teeth.
@PennyBergeron-os4ch
@PennyBergeron-os4ch 7 ай бұрын
Don't be hesitant to contact Sonya Lee Mitchell and follow her directions.
@FinnBraylon
@FinnBraylon 7 ай бұрын
Just ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.
@shauncampbell969
@shauncampbell969 4 жыл бұрын
Aircraft cable ropes on the staircase. Good choice. Ooo white shaker, furniture., great. Shaun of NYC
@BustedCribs
@BustedCribs 4 жыл бұрын
Love the final house, you brought so much more life into it! Amazing how some simple changes can really make a home POP! Love that black granite sink too, going to have to consider that in some of our future flips here in Tampa!
@RealtorShannonSenter
@RealtorShannonSenter 4 жыл бұрын
I needed to see this video, time for me to start taking action!
@unityyyent
@unityyyent 3 жыл бұрын
Master bed room lighting should be a must , very good video though!!
@QUINPANO
@QUINPANO 4 жыл бұрын
Need more vids with this guy . Love the transperancy
@mjhmn
@mjhmn 3 жыл бұрын
excellent job on the house!
@curlyvanya
@curlyvanya 4 жыл бұрын
Thanks Marko and Roman!
@WhiteBoardFinance
@WhiteBoardFinance 4 жыл бұрын
my pleasure please share
@tanikiawashington7228
@tanikiawashington7228 3 жыл бұрын
Absolutely saving this video. I like your style and I am copying lol. So many flips look the same today with the grey flooring and white walls. I needed the ending!! Tonight is the night I decided I am going to stop being scared and go for it. Then I stumbled upon your videos! I am going for it!
@ordinaryman1603
@ordinaryman1603 4 жыл бұрын
i use photoshop to flip anything
@wolfrig2000
@wolfrig2000 2 жыл бұрын
This seems exciting
@trackman00
@trackman00 2 жыл бұрын
Spectacular job💯🔥💪🏼🤙🏼👍🏼
@jordanheyvaert6204
@jordanheyvaert6204 2 жыл бұрын
This was great!!!
@LEDTrivisionMan
@LEDTrivisionMan 4 жыл бұрын
Nice job guys
@makmar4484
@makmar4484 Жыл бұрын
Quality work I flip houses as well I see so many other people that just do terrible work
@connerstevens5215
@connerstevens5215 Жыл бұрын
You need more off market deals?
@makmar4484
@makmar4484 Жыл бұрын
@@connerstevens5215 yes always looking for a deal
@RemoteBuilder
@RemoteBuilder Жыл бұрын
Great video 🔥 Great work!!!
@WhiteBoardFinance
@WhiteBoardFinance Жыл бұрын
Thanks 🔥
@00Noontide
@00Noontide 2 жыл бұрын
Dang! Nice job! 💯
@bugeyes8088
@bugeyes8088 3 жыл бұрын
I've done a couple reno projects before but nothing at this scale. All of mine were under 20k total cost and mainly was cosmetic repairs carpeting painting new kitchen etc. Thinking about chucking a bit of cash into something like this and doing it up as a project. Very informative video.
@angelf9800
@angelf9800 4 жыл бұрын
I am here on KZbin to get as much information i can get since I am have 3 houses to flip, first time flipper
@TheRealMrMarcelle
@TheRealMrMarcelle 4 жыл бұрын
Wow 3 houses to flip, that's amazing brother - hey you should check it out my last video i talk about how to flip houses and profit i'm just starting but i really want to get feedback from the community to improve my videos, and help a lot of people.
@korede6728
@korede6728 3 жыл бұрын
Great video Would love to go into house flipping Please can u create a video a detailed video on how to start up with little or no investment
@WillyWooly
@WillyWooly 4 жыл бұрын
Easily the best flipping house info. I have no interest in flipping but the down to earth, straight to the basics is awesome.
@charlesormond964
@charlesormond964 4 жыл бұрын
Cool!! Thank you for the video!
@KiteMikePEI
@KiteMikePEI 4 жыл бұрын
This is an excellent video. Along with Roman's advice to just act, I would suggest that you must be able to withstand a loss or break even flip. Things can change quickly, like we saw with the pandemic. Also, I have done this five times now, and I'm no pro, but I find buy, fix and rent then refinance or borrow against the new equity to be a better long term strategy. Roman worked his tail off for six weeks to make $15K, before taxes. That's good, but not great for a guy with his skill and work ethic. Also, finding a distressed house like the one in the video for $135K that doesn't have any major issues is rare. Please do more videos with Roman.
@benjamindelannee3501
@benjamindelannee3501 3 жыл бұрын
I thought it was 55k
@megathrills9754
@megathrills9754 2 жыл бұрын
It's 55k profit.
@harryindaclub89
@harryindaclub89 Жыл бұрын
@@benjamindelannee3501 Thats huge for me! I dont know for 6 weeks its a lot :D
@iggyandangus
@iggyandangus 4 жыл бұрын
Would be interested in learning about your first flip/deal. Seems to me like the first deal is probably the hardest
@iggyandangus
@iggyandangus 4 жыл бұрын
Michel Diaz I’m assuming he’s using a hard money lender. He doesn’t say though.
@coryloveland4667
@coryloveland4667 4 жыл бұрын
Roman looks like he could be a long lost Wahlberg brother... he better get into acting next. Great video, helpful content!
@375fletch
@375fletch 4 жыл бұрын
I don’t want to sound silly but what is a ESC corporation? ESC and in escrow? Beginning to remodel and flip houses. I’ve done it as a contractor for a few years now as a side hustle and I’m already a journeyman electrician so I feel like now is the perfect time.
@YMLxRuSH
@YMLxRuSH 4 жыл бұрын
Any recommendations one what podcasts to watch and home renovation tips/ tutorials? I’m new to the game and need some direction anything helps really
@ritapowell1397
@ritapowell1397 4 жыл бұрын
Yes Feel free to contact me on how to do this now.
@ritapowell1397
@ritapowell1397 4 жыл бұрын
markowhiteboardfinance02 @gmail com
@MiniRaisins
@MiniRaisins 3 жыл бұрын
I love the advice at the end
@halabuck4637
@halabuck4637 2 жыл бұрын
THIS IS SO HELPFUL
@unityyyent
@unityyyent 3 жыл бұрын
Shout out from Dallas tx - I subscribed !
@RightHookShorts
@RightHookShorts 4 жыл бұрын
That’s a nice flip.
@cuma4893
@cuma4893 4 жыл бұрын
Thank you for this brilliant video! At the end there, he was speaking to me all the way in South Africa! "If you just sit there and read books and watch videos, you'll never get started!" Time I make the jump 👌
@TheAmandaDiaries
@TheAmandaDiaries 11 ай бұрын
Great Vid! I love your content🎉
@steveshort1425
@steveshort1425 4 жыл бұрын
I Love Marcos videos ... Except this one i got a beef with 3 minutes inward of the video, the house-flipper re-hab guy says: ("Just Eliminate That duct"), holy-f*** what did he say?! 😮😮 ... later on he points to the left insinuating that the duct was put back somewhere else 😉😉 Ya- Right, what are you Houdini 🧐👈👌 lets see that trick, i think the re-hab guy is ducking the duct-work in that house, pull up that floor and ceiling show me what you did ... OH MY GAWD HE DID 😮😮👌💪👍👊,, LOL ... Good job buddy, looks like a pro, fascinating stuff Marco
@Yusufaljawder
@Yusufaljawder 4 жыл бұрын
This is awesome !!! I wana start doing this but i need more info
@JuanCoolDad
@JuanCoolDad 4 жыл бұрын
What part of the house would you say takes up most of your budget and gives you more bang for your buck? I see many concentrate on the kitchen.
@Sofia-vo2no
@Sofia-vo2no 4 жыл бұрын
Soon I have my own house. And i want to redo it a lot.
@HSS7564
@HSS7564 2 жыл бұрын
Smart Man !!
@terrenceshirk
@terrenceshirk 3 жыл бұрын
The Key is to TAKE ACTION!!!
@LifeAsBobby
@LifeAsBobby 3 жыл бұрын
Where do you even start in the process of getting the home and wanting to flip? Are there loans you get is it with your own money? How long does it take to do a renovation? I have soo many questions😭
@SangHTX
@SangHTX 4 жыл бұрын
Thanks for the video. I wish I can learn more on how to BRRR, renovate houses for rental.
@aldomalaj1322
@aldomalaj1322 4 жыл бұрын
Great video
@nemo1716
@nemo1716 2 жыл бұрын
8:46 I find this very interesting, what area are you in? Here in western Washington, that paneled wall design is something I consistently remove during remodels. Interesting how tastes differ depending on where you go. Edit: Aren't barn doors so much better than pocket doors? I hated installing those things!
@r6_tanner
@r6_tanner 2 жыл бұрын
I'm also in western Washington and thought the exact same thing about the wall design lol. Your right about the barn door's to.
@bigtorrisi
@bigtorrisi 3 жыл бұрын
I see a lovely brand new front door, usually you fit the front door last as all the dirty trades will have finished the work.
@kylemielke1021
@kylemielke1021 4 жыл бұрын
So he opened up walls, changed electrical and HVAC paths, put in cabinets, painted everything, new bathrooms, granite counters and sinks, all new flooring on 2 levels, accent walls and light fixutres....and he did all that for $32k?! The average cost of a kitchen remodel alone is $25k and a bathroom model is usually $5k to $10k. Now I also take great pride in doing remodels for low costs but I do it based on sweat equity and unfortunately lower quality work because it is me doing a lot of it. I would love to see videos of his strategies to get this much output for only $32k. That is awesome.
@JandVKeller
@JandVKeller 3 жыл бұрын
He managed the project himself and did not hire a GC. He hired subcontractors to do the work and wholesale pricing on cabinets, countertops, etc.
@save_from_comments
@save_from_comments 2 жыл бұрын
He is probably fudging that number was my guess. This concern and the other about how the neighborhood had that buying price in the first place were the best to me.
@AlexS-gn9tq
@AlexS-gn9tq 4 жыл бұрын
Thank you Marko for your efforts and amazing content. I'm not a US resident, but watching your videos is a great way to get new knowledge, learn some details about US life, and improve English skills.
@habibtil5544
@habibtil5544 3 жыл бұрын
Good job bro, I wish I can meet guys like you.
@kailash_nair
@kailash_nair 4 жыл бұрын
This is an excellent watch ! Superb!
@WhiteBoardFinance
@WhiteBoardFinance 4 жыл бұрын
Glad you like it!
@naturetherapyfilms
@naturetherapyfilms 3 жыл бұрын
Thank you for the video Marko. You are a professional sr
@ErwinLeader
@ErwinLeader 4 жыл бұрын
Such a great video! Do you know where the got the cabinets from? also the sink hardware?
@michaeltrevisani829
@michaeltrevisani829 4 жыл бұрын
Good video thanks maybe a follow up video on the topic at the end. How to set up an LLC snd S corporation for tax purposes. I am interested in buying land and want to have a better basic understanding of the process.
@WhiteBoardFinance
@WhiteBoardFinance 4 жыл бұрын
Will do, please share :)
@palomad7895
@palomad7895 4 жыл бұрын
never thought that I would like black hardware but you just made me love it... reconsidering the hardware in my apartment.
@jacobroddy9245
@jacobroddy9245 3 жыл бұрын
This was awesome bro.
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