My Mistakes Are Piling Up! | First Time House Flipper 2023 Episode 3

👀 WATCH THIS NEXT: Why I stopped buying single family real estate (& started playing pickleball!)
• I Stopped Investing in...
Goodness gracious.
If you've ever tried something new, you know that you're not always good at it right off the back.
This summer, I'm transitioning from wholesaling real estate to house flipping. I'm a first time house flipper! (Well technically I'm not "flipping" them, I'm using the BRRRR strategy to buy and renovate them and keep the properties as rental property).
But the mistakes are starting to pile up. You might think, "what are the risks of real estate investing", well, I'm about to show you!
Learn wholesaling from me on Zoom at my Beginner's Bootcamp
bit.ly/3ErPvR4
Connect with me on Instagram
/ liliinvests
Get my wholesaling deal calculator and other tools
bit.ly/3V8Mdbc
Get a 7-Day free trial of Propstream
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Watch these next
- The First Time Flipper Complete Playlist
• Wholesaler to House Fl...
- How to Start Wholesale Real Estate (Step by Step Guide)
• The Ultimate Guide to ...
Read these
Listen to them on Audible for free: amzn.to/2Xgfc0l
Read them on Kindle for free: amzn.to/317xhii
- Richest Man in Babylon: amzn.to/2Bq7A3u
- The ABCs of Real Estate Investing: amzn.to/2zTE4mg
- The Book on Rental Property Investing: amzn.to/304Q917
- The BRRRR Investing Book: amzn.to/3gQRteB
- Rich Dad, Poor Dad: amzn.to/38PeIDe
- The Millionaire Real Estate Agent: amzn.to/300H4pN
- Never Split the Difference: amzn.to/2IdouWH
some of the above links may be affiliate links, meaning I make a small commission on the sale at no extra cost to you

[@hansenmarc]

I love your roll-with-the-punches attitude, Lili! I know it’ll serve you well. In the first house we bought, the second unit’s sewer line was connected to its own old rotted out collapsing wooden container that eventually filled up. Man, was that nasty. We will always do a sewer inspection from now on.

[@derrickpatrick1206]

As a state license contractor and RE investor i can tell first hand you have done well. You have the drive and determination to push through the process that comes only by working through solutions at every turn.

[@melindatindell6502]

I talked to a flipper and she said she bought a ozone generator and anytime there is a funky smell she uses it and gets rid of all odors!

[@nia.aleese]

This is a great tip! Thanks for sharing!

[@ultimateworkoutmania2569]

Great Job Sweatheart!!! YOU WERE made for this! You are such an inspiration....especially in the black community - Whether you are old or young....male or female. You are so down to earth and easy to relate to. I wish you and your brother "Ultimate Success, Happiness and Abundance". ❤ 💪 🎉 👊

[@nia.aleese]

Your attention to detail is impeccable! This was so helpful!

[@_isaac_santana]

Keep your head up, you already know what will come from the energy of these frustrations

[@nunezzd1]

Just so happened to see this on my feed, and I want to applaud you for doing this! So raw and authentic! Highly appreciate you for being a black Queen attacking your goals head on and teaching others as you go along! Blessings and would love to network with you potential JV!

[@sharonjones4921]

Thank you so much "Queen" for sharing the pros and cons in this business! It truly helps and educates others who will be following in your footsteps! You are admired and appreciated!!🥰👍🏾😉

[@ruthiedoeslife]

I’m pissed for you. That last contractor left you a mess girl! You’re quick on your toes and very resourceful so I have no doubt it’ll come out dope. Thanks for sharing the ugly side of the process. We appreciate you Queen!

[@tritonh5683]

Your channel is like drugs for great information. I am going through all you videos to learn from your experince. What a channel!!! Love it!!!

[@lunirisplaza1214]

Thank you for sharing really pushes me to do the same.

[@jordanbaker931]

There are so many details! Thank you for sharing your process and progress with us. Slowly but surely 👌🏾

[@jacobfrost2749]

I don't think kitchen cabinets held up by them screws..I believe he put screws on the line so he can rest cabinets on them then mount screws in inside cabinets usually done that way if you work by yourself.

[@jimrichard9510]

You are so unique! Sharing your journey the way you are, and have been, is not only informative, but also inspirational. You definitely should have your own show!! I am happy to see your fanbase growing. It shouldn't take long before you get offers. You are one of a kind! We are blessed to be able to share in your experiences! THANK YOU!

[@christobar]

+1 on the sewer line snake. Just learned my lesson on that this week - sewerage backup into the basement! From now on, every property is going to get snaked when purchased.

[@Liliinvests]

🙌🏾

[@irisbowen7879]

It's so cool to see a Black woman investing channel! Subscribed and inspired, keep going!

[@huntermontez9231]

Killing it so far ! About time to invest in a pickup since your so involved in the projects. lol keep up the good work !

[@bhitz]

Also when you buy floors it's better to have extra than not enough. You can always take extras back and get your money

[@imanthonytv]

Awesome video! 👍🏾

[@juvawnparker2327]

I love this! You were definitely a huge inspiration to why I started my investor channel as well and to see the amount of growth you have done has been phenomenal. Keep up the work through good and bad

[@ChristInUnity]

As always, lilly keep grinding! God Got You! He Blessed you with the Talent, Charisma, IQ & A Beautiful Strong Spirit! I love that Intuition! ❤️🙏💪

[@hart4592]

Lili, thank you for your content, I just came across your channel and I'm so happy I did. May I ask how you found your contractors?

[@scoobybleu]

Always buy more material than you need. The unused portion can always be returned.

[@AaliyahClark]

I love that fire place in the duplex.

[@invest4motivation827]

Very good content , want to learn from you

[@Spedfree]

Wow I thought it would just be one house but you are killing it

[@gogurletc8170]

Look at you doing your thang!@@Go LiLi keep it up !!!! I'm right on the side of you.

[@natashamaloy6978]

You are very good and so professional!!! You only look about 25. I said to myself maybe she started doing this as a teen lol. Either way I'm here for it AND I appreciate you. Thank you! #NewSub 👍👊🙂❤🤗🙏👏👏👏

[@mariamezu550]

I just found your vlog- thank you for everything you put into it. It is entertaining and very informative. I know nothing about real estate - but did you have the house inspected before purchase- shouldn’t an inspector have found the roots in the toilet hole ? 🤷🏽‍♀️ l am proud you are realizing your dreams. Blessings and continued success!

[@mrrobinson10]

Thanks for sharing

[@OrganizeKaos]

This is very inspiring. I wonder how can I find a GC I can vet and trust

[@SpiderLace028]

Cool stuff! =]

[@aharonnajafi3518]

Just cut that quarter round at an angle then you can make an angle 90 degrees - your contractor should know this

[@johnsamsjr8670]

Can you create a crowd funding I'm sure people would love to work with you

[@croy250]

Is there still a way to access your deal calculator? I didn’t see it on your website, maybe I’m missing it?

[@ladylildizzy1]

My mom got flooring for our home from home depot that was discontinued and we are stuck with unfinished flooring

[@Liliinvests]

ahhhh tragic

[@mychaelstockton1832]

Word of advice walk in and out showers well up the sale on your house

[@MichelleSmith-ky8lz]

Do you offer mentoring

[@rishireddy8878]

You picked challenging homes to house hack. In the long run your hard work will pay off.

[@MrMMzz]

💍💜

[@meetthebests2974]

Smack whoever did them cabinets lol

[@Liliinvests]

Lol you know I want to!!!!

[@rishireddy8878]

My dad would flip if I tried to house hack

[@mikeinbmore]

I'm 5 minutes into this video and I have to comment. Keep that same positive energy and get it done and done right. I believe in you. And I love these videos 50 times more than the wholesaling videos. This is the same journey I'm embarking on.

[@Liliinvests]

Thanks so much! More to come!

[@lilethnelson9067]

Job well done, I'm so proud of you and to see you are teaching yourself. Great job.

[@louisematthias978]

I admire your patience and really grateful for you taking the time to explain this exciting journey. Great work so far, can't wait to see the end result🙌🏾

[@nia.aleese]

Right! I’m hooked! Binging everything tonight😂

[@keonnarobinson6110]

Lmbo "we did it Joe!" lolol 😂 🙌🏾 congratulations on your success thus far. 😉

[@caseygee273]

Good morning Lili I just heard your BiggerPockets interview. It was fantastic. I was super excited to hear you’re in Tulsa since we just purchased our first property there. I would love to get added to your buyers list. Keep up the amazing work.

[@Liliinvests]

Thank you so much!!

[@carolinagarcia9786]

Thank you for documenting your investing journey! I’m almost about to start mine ❤️

[@nia.aleese]

Good luck! Keep us updated😊

[@jay-c6128]

You're an inspiration

[@talawoods25]

THANK YOU for sharing your mistakes authentically. These are the type of things new investors need to be aware of. You're killing it anyway. Keep up the good work👍

[@Liliinvests]

✊🏾✊🏾

[@nia.aleese]

Right! I’m loving it!

[@freidaachona3525]

You did pretty well . I almost got a heart attack when the lady came to the car to ask for your identification! I thought she was going to say they are sold out 🙄🙄. You are a great inspiration girl job well done.

[@JayYangInspires]

I’m a PGC grad. I’m really interested in learning about real estate. Gave you a follow!

[@trynafindpeaceofmind1019]

Can you make a video talking about how important the small details to insure you aren’t delaying your process like checking the materials upon delivery to make sure they are right

[@nixnax8760]

Great to see your growth as an REI!

[@suy-kimho1027]

great videos, just discovered our channel not long ago so far I like your content! keep it up! Cheers from Montreal Canada

[@hearthealthyhustlebyjonath7414]

another great detailed vid! Thanks for sharing all this part of your journey Lili

[@Iamjennifer2.0]

Lili...keep doing your thing!! It's all a learning process! You got this! I also just got started in the game and I appreciate all of your help and realness... Thank you for documenting your journey.

[@SeanBlackBaby]

You really bouta have the game in a choke hold 💯💯

[@karendickson3645]

I really appreciate how you bring us along to see everything that you're learning in your journey as we learn along with you.

[@Cali_Girl1]

It's inspiring that you're handling all of this by yourself! I Can't wait to see the finished product! 😀

[@applechili2848]

That’s a lot of stuff. Much respect & power to you for showing the grit behind the glamour.

[@nia.aleese]

I love the transparency! Thanks for sharing your journey!

[@kl3940]

are writing off your vehicle for your business?

[@ThaMajesticWun]

Great Video!!! Turning those Losses into Lessons!!!

[@Liliinvests]

✊🏾

[@DayanaPlays]

My partner and I were thinking of buying our floors little by little but we thought something like this would happen... where we were scared if it got discontinued. That's horrible that it happened to you but I'm sure you'll make it work. Great content BTW 😊

[@hearthealthyhustlebyjonath7414]

one of my buddies has a few single family homes and has had smelly tenants move out. The smell didn't leave with them, and he used an OZONE machine.. it worked incredibly well. Just be sure to follow instructions and noone can go inside for a day or 2. It should help eliminate the smell initilally. I hope this helps!! they're only 80 bucks on amazon, they work.

[@Liliinvests]

🙌🏾🙌🏾 thanks!

[@keliblum6591]

This one is great. I love it, Thanks

[@evarbitrage]

I can't wait to start my journey, I will be enrolling in your boot camp. I feel good about it because you're in my hometown and will know the culture in our area.

[@Liliinvests]

I look forward to supporting you on your journey!

[@cass_ya_boy]

" Calia" love the name!

[@Mustach_Mike10]

maybe I would of waited on that front door. its going to get dinged with people going in and out with material possibly

[@TheTrakkHeaterz]

Nice investments! Do you think it’s more worth it to find fixer uppers rather than look on the MLS?

[@bamare12]

This is so helpful and inspiring! Thank you

[@hopedavis805]

yp

[@SeanBlackBaby]

That duplex is pretty nice 🔥

[@paulbrasfield1594]

2022.....I'M COMING Lili...... I know how to find great deals in decent locations for cash and I know how to fix them...I'm just waiting on these building materials prices to level off a bit more and I'm OFF TO THE RACES.....lol....bless you sweetheart and keep doing great things.

[@hearthealthyhustlebyjonath7414]

I understand the desire for budget and flooring consistency in the duplex, but I'd be concerned the tenants will slip on that LVP.. that stuff is slick.

[@spurs5677]

A bunch of mistakes ? There’s not mistakes just stay positive you’re making everything seem as mistakes

[@RetireAbroadInvesting]

SMH!!! so called contractors....probably shouldn't call him a contractor, thereby insulting REAL contractors who DO know HOW to hang cabinets!!! Get EXTRA flooring...JUST in case...just my opinion of course :)

[@rickiericktv3320]

Why didn’t d the contractors catch those little mistakes??? Everything was very nice overall.

[@SOY-MEXAR]

You are the best Lili I am starting in this business and for me it is very difficult because English is my second language even so I will not give up my dreams

[@angiess808]

Super helpful content!! Looking for my first house to live in rehab and I’m going through your videos taking notes!!

[@sequoiaserenity9669]

I’ve been here for a little while but have watched many of your videos and LOVE them! Entertaining, personable, and very informative. Your realness and great personality are a bonus! Thanks for all the info :)

[@parkermudsen1063]

The previous contractor and owner were just being lazy by cutting corners, especially withe cabinets situation. 🤦🏾‍♂️

[@lakeithabolton2880]

Hi, I am really enjoying your videos! You took on more than one property at the same time as a newbie; that's impressive! What gave you the confidence to do this? Also, did you have the same construction crew working all properties?

[@Jayman7561111]

Great Work keep it up

[@gnahthe]

Another way of accessing the shower valve without ripping out the tile, is to access it from the opposite side of the wall. Which is usually a sheet-rocked hallway or bedroom and even better a closet. It’s easier and much less expensive to open and repair sheet rock as opposed to ripping out and repairing tile. If it’s a closet, that’s even better because, a spring loaded access panel can be installed, for future easy access, instead of closing the wall with Sheetrock.

[@wakalmercedesreyes1865]

Hello Lilli happy new year, quick question when you do the refinancing you do in your company name or you do on your name, thank in advance god bless you

[@chitwnyawdman]

Authenticity is your value ❤️👌💯🏆

[@zb1726]

I am late but I like the third house colors and setup. Also, you're succeed because you are willing to be a student in every process. Great content!!

[@bhitz]

Unless you painted yourself, your printer is supposed to know they have to take down stuff to ensure full coverage.

[@maia9932]

If you are buying lots of materials yourself sign up for home depo pro. You can be a homeowner or handyman doesn’t have to be a commercial business

[@MisterPompey]

The previous contractor is a walking disaster, but great job on your part and thanks for posting!

[@lashaa5]

Hey I have a co worker thats looking to buy a house how can i make a profit from that as a investor?

[@ezekieltadese2246]

what podcast do you like to listen to grow your knowledge?

[@tylerdesigns327]

The contractor that owned the house before is a hack, I would not let him work on my house hahahah

[@mikeinbmore]

On house #3, the contractor seems to be covering up the nosing on the stairs. That's a mistakes. That little piece is required and has a code minimum.

[@rickyperezjr2234]

I would like to know what were you doing before to get were you are now

[@kaceybeves5785]

Question, why are you wearing a mask?

[@SuperEagle421]

I really enjoyed watching this video. Your explanation of the process you're undertaking, sharing the renovation challenges and how you addressed them, is not only informative but a joy to watch. I commend you on your resolve, and go get it spirit. I'll be checking out your past and future videos.

[@Liliinvests]

Wow thanks so much! Glad to have you as part of the channel!

[@justinewalters8787]

I would be sooooo pissed!! You handled it like a pro!