Join my program, Transform Flipper Academy, to learn to flip houses the right way. As a house flipper of 6 years, I've flipped over 50 houses with a six-figure profit on average. I hope to teach more people about the ins and outs of house flipping so they can get out of the rat race and achieve financial freedom like I did. Apply here: www.transformflipperacademy.com You can also purchase my book Flipping Houses Quickstart Guide on amazon: amazon.com/dp/1636100309/?tag... Watch next: A Flop?! - Colorful House Flip Before & After: th-cam.com/video/bIvmg6HjWSY/w-d-xo.html
THIS is why housing is so expensive right now in America - greedy pigs buying and reselling real estate like this. The real losers will be future generations, that end up paying 100+ times more than what houses are actually worth. They are just a bunch of wood and drywall......with a little plumbing.
I love how you don't make the house ruined with all grey floors, furniture, etc. These days I tend to see renovators making everything colorless and depressing but you actually add color and livelyness to the home. That makes you stand out!
I appreciate you including bloopers. It makes you feel more personable. Love the flip. The house went from a place I cant imagine someone living, to a place I'd be happy to live! 10/10
The only thing I didn't like was the lack of a handheld shower head with hose in the master bathroom. Those big shower heads are great, but if you don't want to wash your hair, or need to get to your bits it isn't practical. Installing a new one would mean taking that tile off, so the buyer has to live with that oversight until they renovate the bathroom.
I don't understand how buying at a 1.5, selling at 2.0 and 200K only give you 100K profit?? Anyone else think the same thing? BTW, I love the reasoning behind your design choices and honesty about pricing! Thanks!
200k in renovation costs, some amount of carrying cost on the house while the renovations are going on, something in listing and closing costs, taxes, etc. possible she also has an investor throwing money into this who gets a share of the profit as well.
1) All cash buyers don't pay in cash, they use a hard money loan with correspondingly higher interest rate, so figure 2 to 4 months of this high interest payment 2) The SF Bay area has transfer fees when buying/selling a home 3) Their is a typically 6% realter fee that is often split 3% to the buyer's agent and 3% to the seller's agent. 4) Home insurance for the 2 to 4 months for an unoccupied home is incredibly expensive, call your current home insurance agent for an "unoccupied" home insurance quote. 5) The investor pays roughly $1500 / month in property tax. If it the home sells 90 days after purchase + an extra 30 days to close, then 4 months * $1500 = $4500.
The renovation is gorgeous! I loved the warm wood floors, the light cabinets, and the beautiful accent tile in the kitchen and bath. I love that you addressed the structural issues, too (roof, concrete, etc.). It was extremely surprising to see how large the backyard is! I hope the buyer will spend years enjoying your hard work and not tear it down to build a McMansion on the lot.
@@vonnie9068 Exactly - California is basically it's own secluded part of the world when it comes to home prices, definitely not indicative of virtually every other state in the U.S. This would have been a $200k starter home where I live in this exact condition.
Finally, new episode! Small houses are the best, low carbon footprint good for the planet. And the work here is just amazing, great taste and touch. Congratulations!
I swear this is the first Realestate investor who is telling the truth. I am almost done with my fourth property and although not as expensive the cost proportion is almost the same. and the reason why I will rent it is because my profit won’t be as big as I want. The rent needs to pay all credits card before I consider selling (but won’t sell though). Thanks so much for not lying.
That yard is crazy big! With that much property in the Bay Area I wonder how the cash on cash return might have turned out as an STR with an ADU in the back generating multiple streams of cash flow…
The renovation looks great! However, I strongly believe that a larger closet in the Master bedroom is a necessity. When the closet space in your home is the same as that of an apartment, it can be quite disheartening.
Beautiful house. Great details and enjoy your videos. Very informative. But please don't sound so disappointed that the house sold only for 2 million and only made 100K plus despite your original assessment. That is more income than the average family makes in a year. You still made quite a bit of money. Celebrate it as another successful flip.
But I don't think that is her personal take away sum. Most of it probably stays within the company as resources for the next flip, paying her employees, taxes etc. She only takes a small portion of that as her own salary.
@@sarahh8990 from what I understand she relies on hard loans to buy her homes. but I could be wrong. The cost of the remodel includes all what you mentioned maybe except income tax on the profit. It was a successful flip. Perhaps not as much but still worth the job at a 100k plus.
She's in the South Bay area, which is mostly San Jose and surrounding communities like Santa Clara, Sunnyvale, Milpitas, Mountain View. I don't think she does anywhere near San Francisco or Oakland. I think 95% of her flips are in San Jose.
Compared to what Tarek and Christina used to buy these shacks for 10 years ago the prices in California are definitely insane now - I'd never move there even if I could afford it lol.
@@Stressless2023 Agreed. I can't imagine having to be a millionaire to buy house only a little bigger than the size of my shed in my backyard. California really is a different world
@@racequad9 Frankly they were still expensive considering the condition many of them were in on the HGTV show "Fix or Flop" with Tarek and Christina as property investors - But if you look at old episodes of their show they used to pick up modest little rehab homes like this in California for under $500k regularly, and their 7 figure rehab properties were usually fairly extravagant and even a couple with ocean views that I remember - Now it seems $2M in California gets you this unimpressive little box which looks like a starter home.
Nicely done. I have been following you for a while now and I should say you're amazing and you make such good videos with all the details. I have been trying to get in touch with someone on your team to discuss about a project which I would love to work with your team. Can someone tell me how should I he contacting ? Thanks!
Is this a really a small house? Front yard and back yard are in decent size. Three bedrooms and two baths. Hmm… this isn’t a small house in California.
1.5M??? Omg, I dont know much about this but this is like a lot for that tiny house, whyy? I can litterally buy a manssion with that money, why would I buy this full concrete wall-painted tiny house?
Simply amazing. I'm obsessed with watching house flips and your flips are always one of my favorites! The attention to detail, the design, the functionality ... everything is top notch 👌
Beautiful remodelling loved most of it , personally I would have preferred a small but functional master bath & larger closet ( could have been even a walk in if bathroom door was oriented differently ) how long would we spend time in bathroom at the max but with larger closet new owners need not buy more storage pieces & could have spacious bedroom .
You did a great job as always. Sure, renovating this place took a lot of money and effort, but now it's not only clean, neat and livable, but beautiful and stylish.
What a charming little house. I love the bright, airy colors you chose and the beautiful wood floors. I love how you took this house from neglected and just plain ugly and turned it into a charming home that has character and beauty. Lovely job as always.
When it comes to Flipping Houses, You are truly very at the Top of your Game. Always Magnificent Awesome Home, Have a Great July 4, See you at the next Video 📸👍 😎🏡😍🥰
This house looks amazing! Love the outside landscaping, house color, handrails and driveway as well as the garage door. I was wondering what was going to be done with the fireplace. Wow!! It looks so good. The kitchen design makes it look roomier. Great work triangle. The bedrooms are very nice! The backyard is park-like. Always look forward to your videos.
Out of curiosity, I know you said front of the house coat closets aren’t common in the bay area. But what about toilet paper holders? I don’t think I saw any on the bathroom walls unless I missed it.
I personally LOVE & use every square inch of large closets. Shoes, purses, winter clothes, summer clothes, coats, luggage. I would have to put in a large wardrobe. I'm not a minimalist.
![[TH] FS vs BME - VCT Ascension Pacific - Lower Bracket Final](http://i.ytimg.com/vi/wnygqsR2Fig/mqdefault.jpg)
Join my program, Transform Flipper Academy, to learn to flip houses the right way. As a house flipper of 6 years, I've flipped over 50 houses with a six-figure profit on average. I hope to teach more people about the ins and outs of house flipping so they can get out of the rat race and achieve financial freedom like I did. Apply here:
www.transformflipperacademy.com
You can also purchase my book Flipping Houses Quickstart Guide on amazon:
amazon.com/dp/1636100309/?tag...
Watch next: A Flop?! - Colorful House Flip Before & After: th-cam.com/video/bIvmg6HjWSY/w-d-xo.html
Nice job
Did this house honestly sell for 2m??
THIS is why housing is so expensive right now in America - greedy pigs buying and reselling real estate like this. The real losers will be future generations, that end up paying 100+ times more than what houses are actually worth. They are just a bunch of wood and drywall......with a little plumbing.
Thank you Mike b Lakeland fl 😅
I love how you don't make the house ruined with all grey floors, furniture, etc. These days I tend to see renovators making everything colorless and depressing but you actually add color and livelyness to the home. That makes you stand out!
That sounds like every living space in Texas.. Every space that I’ve seen and lived in has textured gray walls and floors…
I appreciate you including bloopers. It makes you feel more personable. Love the flip. The house went from a place I cant imagine someone living, to a place I'd be happy to live! 10/10
The transformation was great but I can’t believe this house was purchased by the Reno team for $1.5M!!! Wow!
Not sure how many years I've been watching but you have impeccable taste. Always sharp.
Finally after a long time. Glad to see you back in action
The only thing I didn't like was the lack of a handheld shower head with hose in the master bathroom. Those big shower heads are great, but if you don't want to wash your hair, or need to get to your bits it isn't practical. Installing a new one would mean taking that tile off, so the buyer has to live with that oversight until they renovate the bathroom.
That's not true. Either unscrew the showerhead or unscrew the shower arm. No need to touch the tile.
No need to touch the tile. JUST YOUR “BITS” 🤪🤪🤪
All you need to do is switch the showerhead with a handheld showerhead. It takes less than 5 minutes.
I don't understand how buying at a 1.5, selling at 2.0 and 200K only give you 100K profit?? Anyone else think the same thing? BTW, I love the reasoning behind your design choices and honesty about pricing! Thanks!
200k in renovation costs, some amount of carrying cost on the house while the renovations are going on, something in listing and closing costs, taxes, etc. possible she also has an investor throwing money into this who gets a share of the profit as well.
I would guess that 100k in profit after all taxes !
1) All cash buyers don't pay in cash, they use a hard money loan with correspondingly higher interest rate, so figure 2 to 4 months of this high interest payment 2) The SF Bay area has transfer fees when buying/selling a home 3) Their is a typically 6% realter fee that is often split 3% to the buyer's agent and 3% to the seller's agent. 4) Home insurance for the 2 to 4 months for an unoccupied home is incredibly expensive, call your current home insurance agent for an "unoccupied" home insurance quote. 5) The investor pays roughly $1500 / month in property tax. If it the home sells 90 days after purchase + an extra 30 days to close, then 4 months * $1500 = $4500.
Also staging the home costs money. Not a lot but it's another cost.
The renovation is gorgeous! I loved the warm wood floors, the light cabinets, and the beautiful accent tile in the kitchen and bath. I love that you addressed the structural issues, too (roof, concrete, etc.). It was extremely surprising to see how large the backyard is! I hope the buyer will spend years enjoying your hard work and not tear it down to build a McMansion on the lot.
Great job!! I appreciate you explaining each step along the way!
I love the fireplace!!!
I can’t believe that small, ugly house was $1.5M!! 🤯 Prices are absolutely out of control. You did a fantastic job on it-it looks beautiful!
Nah remember it’s California😭 They charge $20 for a burger💀💀
@@vonnie9068 Exactly - California is basically it's own secluded part of the world when it comes to home prices, definitely not indicative of virtually every other state in the U.S. This would have been a $200k starter home where I live in this exact condition.
Love how transparent you are with everything. You just got yourself a new subscriber !! 🙌🏼 Also i love the bloopers 😂
Finally, new episode! Small houses are the best, low carbon footprint good for the planet. And the work here is just amazing, great taste and touch. Congratulations!
Thanks for the great video. Please consider adding a timeline to to the summary at the end.
very nice clean update
I swear this is the first Realestate investor who is telling the truth. I am almost done with my fourth property and although not as expensive the cost proportion is almost the same. and the reason why I will rent it is because my profit won’t be as big as I want. The rent needs to pay all credits card before I consider selling (but won’t sell though). Thanks so much for not lying.
Love these before and afters!! The bloopers are cool too! Great job!!
Love this house! It has character
Elegant and smart choices! nice video
Great job! Huge improvement! Enjoyed the video, thanks for posting.
Very beautiful renovation and beautiful Elisa! Thank you for the video!
Always appreciate your videos and the work they showcase. Great job!
Nicely done! Beautiful transformation.
That yard is crazy big! With that much property in the Bay Area I wonder how the cash on cash return might have turned out as an STR with an ADU in the back generating multiple streams of cash flow…
Did I miss the washer/dryer connection? Very nice, everything you did needed to be done.
very pretty house...do you remember the interior wall color? which city is the house in and how much sq feet?
A Beautiful renovation!! Great Job!
Great job on the entire project 🙌🏽. As always it looks spectacular. Btw I loved the bloopers at the end . 😅 made my day wasn’t expecting lol
"So sad you removed that beautiful vintage carpet"......said no one ever.
Can you make videos specifically about how to do landscape and how to do interior decor/design?
ahhaahahha i liveeee for the bloopers lol thats the reality of filming!!! its a lot of work lol.
The renovation looks great! However, I strongly believe that a larger closet in the Master bedroom is a necessity. When the closet space in your home is the same as that of an apartment, it can be quite disheartening.
12:02 “Here was already here”. 😂😂😂
Beautiful!! 🤍
Where are you sourcing your doors - specifically those single panel sliding closet doors?
Your detailed informative videos really help people to understand the whole scenario.. Great job 👍
Excellent!
Looks great!
My dream home! 😍
Nice high quality video. Very informative. Thanks
Beautiful beautiful 🤩
Great job. That's incredible.
Thanks to TRANQUIL Tents, I was able to spruce up my home and garden without breaking the bank. They offer real value for money!
Beautiful work!
Hi! You did a great job! Can you tell me how tall your baseboards are? Thank you
Nice 🏡 house it's so cute
that shower needs a niche!!!! where would you put all your shower products!
Beautiful house. Great details and enjoy your videos. Very informative. But please don't sound so disappointed that the house sold only for 2 million and only made 100K plus despite your original assessment. That is more income than the average family makes in a year. You still made quite a bit of money. Celebrate it as another successful flip.
But I don't think that is her personal take away sum. Most of it probably stays within the company as resources for the next flip, paying her employees, taxes etc. She only takes a small portion of that as her own salary.
@@sarahh8990 from what I understand she relies on hard loans to buy her homes. but I could be wrong. The cost of the remodel includes all what you mentioned maybe except income tax on the profit. It was a successful flip. Perhaps not as much but still worth the job at a 100k plus.
In California $100k barely buys you a parking spot for your used Tesla.
I am TeamClosetSpace over TeamLargeBathroom but still a great transformation!
Eliminating the second closet from the master bedroom was not a good decision.
Hi Elisa
What neutral color do you use for the bedrooms? It looks amazing!
When you say *Bay Area
Is that Northern, California ?
Which town ?
Thank you for the video!
Great Renovation 🎉
She's in the South Bay area, which is mostly San Jose and surrounding communities like Santa Clara, Sunnyvale, Milpitas, Mountain View. I don't think she does anywhere near San Francisco or Oakland. I think 95% of her flips are in San Jose.
I’ve actually been doing more flips in the Peninsula 😊
@@TransformRealEstate Cool. Your work is always so nice.
Yeah I don't like to play mysterious about the city thumbs down for me
Whats the square footage of this house???
Так классно стало!!!!! Вы талант!!!
What color is that on exterior?
& where can you get those hand rails in the entry ?
Did anyone else's jaw drop when she said she purchased the house for $1.5M?!?
Compared to what Tarek and Christina used to buy these shacks for 10 years ago the prices in California are definitely insane now - I'd never move there even if I could afford it lol.
@@Stressless2023 Agreed. I can't imagine having to be a millionaire to buy house only a little bigger than the size of my shed in my backyard. California really is a different world
@@Stressless2023 out of curiosity, what would this house have gone for 10 yrs ago?
@@racequad9 Frankly they were still expensive considering the condition many of them were in on the HGTV show "Fix or Flop" with Tarek and Christina as property investors - But if you look at old episodes of their show they used to pick up modest little rehab homes like this in California for under $500k regularly, and their 7 figure rehab properties were usually fairly extravagant and even a couple with ocean views that I remember - Now it seems $2M in California gets you this unimpressive little box which looks like a starter home.
Washer and dryer?
Nicely done. I have been following you for a while now and I should say you're amazing and you make such good videos with all the details. I have been trying to get in touch with someone on your team to discuss about a project which I would love to work with your team. Can someone tell me how should I he contacting ?
Thanks!
It’s beautiful ❤
If the market comes down, you can transform to home renovations. I would love to be first in line! Do you share which companies you work with?
What flooring is in this house?
Bellisima casa !!
It’s the fact that the before was 1.5M. Who in their right mind would even think of purchasing that garbage?
❤️❤️
Is this a really a small house? Front yard and back yard are in decent size. Three bedrooms and two baths. Hmm… this isn’t a small house in California.
Fessional
Who is going to pay 2,000,000 fo this..the renovation is good but the price you want is ridiculous..
I agree but she doesn’t decide, the market does and some markets are ridiculous these days 😅
The person who bought it for 2 mil.
1.5M???
Omg, I dont know much about this but this is like a lot for that tiny house, whyy?
I can litterally buy a manssion with that money, why would I buy this full concrete wall-painted tiny house?
Simply amazing. I'm obsessed with watching house flips and your flips are always one of my favorites! The attention to detail, the design, the functionality ... everything is top notch 👌
Beautiful remodelling loved most of it , personally I would have preferred a small but functional master bath & larger closet ( could have been even a walk in if bathroom door was oriented differently ) how long would we spend time in bathroom at the max but with larger closet new owners need not buy more storage pieces & could have spacious bedroom .
Two million dollars? Where I live that would buy you a giant lake house! That's insane.
It’s California. Insane, isn’t it? 😅
You did a great job as always. Sure, renovating this place took a lot of money and effort, but now it's not only clean, neat and livable, but beautiful and stylish.
What a charming little house. I love the bright, airy colors you chose and the beautiful wood floors. I love how you took this house from neglected and just plain ugly and turned it into a charming home that has character and beauty. Lovely job as always.
When it comes to Flipping Houses, You are truly very at the Top of your Game. Always Magnificent Awesome Home, Have a Great July 4, See you at the next Video 📸👍 😎🏡😍🥰
This house looks amazing! Love the outside landscaping, house color, handrails and driveway as well as the garage door. I was wondering what was going to be done with the fireplace. Wow!! It looks so good. The kitchen design makes it look roomier. Great work triangle. The bedrooms are very nice! The backyard is park-like. Always look forward to your videos.
What market is this? I can’t believe it was 1.5m before remodeling
No more grey!
Gorgeous house. $2,000,000 sounds like a huge amount of money for a 3 bed!
Typical Bay Area greed
Out of curiosity, I know you said front of the house coat closets aren’t common in the bay area. But what about toilet paper holders? I don’t think I saw any on the bathroom walls unless I missed it.
We don’t have toilet roller holders on the wall. We have free standing ones. The old ones were below the towel racks! 😀
Great transformation. I appreciate you explaining each step along the way!
Like like like like like like
The backyard is NICE 😍
There is no way two people could share that small closet in the primary bedroom....
Two minimalists could quite easily 😊
That’s what dressers are for.
@@estelsaradop492 I doubt two minimalists would be buying a $2 million dollar house lol
Plenty of room for free standing wardrobe
I personally LOVE & use every square inch of large closets. Shoes, purses, winter clothes, summer clothes, coats, luggage. I would have to put in a large wardrobe. I'm not a minimalist.
Yes! Gray is out and so are all white kitchens.
Very nice renovation.
As always - an amazing job❣️ you've turned something unsightly and dysfunctional into a very attractive purchase!
this is such a great flip! truly one of my fav's
excellent job, the house looks cozy and large to be honest
😂😂😂😂Ruth here, a glass shower, NNNOOOOOOO! Ha ha, that would have to ripped out big time,
GREAT JOB❤
So clean and bright. Love it!
Flipping a house for close to 300k in profit is incredibly good.
Gosh all that work and time only for $100k?😢
Nice ..whats the exterior paint color??
What whites are the walls and moulding?
is the book coming in Spanish version ?
That is a lot for a little house
nice
Very glad you did the important stuff like windows and the floors are amazing. just a bit sad you removed several charming things like the railing