My Nightmare 1st House Flip (the Beginning of a 7-Figure House Flipping Business)

แชร์
ฝัง
  • เผยแพร่เมื่อ 30 มิ.ย. 2024
  • My Nightmare 1st House Flip was a very stressful experience, but it also set the foundation of my house flipping career and taught me how to flip a house.
    The house renovation took 4 months instead of the 2 months I planned, and the home remodeling budget also went up by a lot. The house flip nightmare was mainly due to working with a bad contractor. This video shows you the house flip before and after, house flip start to finish, and house flip numbers.
    You'll be amazed by the house renovation before and after like I did, and you'll learn how to get started flipping houses. If you are interested in learning how to flip and flip houses, and how to do home remodel successfully, this flipping houses for beginner video is a must watch.
    Home remodel is not as simple as it may seems, and it's important to know how to deal with contractors. This House flip before and after shows you how a house flip approaches a home remodel.
    #fliphouses #realestatecoach #houseflipping
    Watch next: Entry Level House Flip Before and After
    • Entry Level House Flip...
    🔔 SUBSCRIBE for more House Flipping Tips & Strategies:
    th-cam.com/users/transformrealestate?s...
    ❤️ SHARE this video with a friend:
    • My Nightmare 1st House...
    ✅ RECOMMENDED videos:
    - Million Dollar House Flip
    • Million Dollar House F...
    - 100 Year Old House Flip Before & After
    • 100 Year Old House Fli...
    - Kitchen Remodel Tips and Tricks
    • Kitchen Remodel Tips a...
    FOLLOW ME:
    IG: transformrealestate
    FB: transformrealestate
    www.transformrealestate.com/

ความคิดเห็น • 51

  • @TransformRealEstate
    @TransformRealEstate  2 ปีที่แล้ว

    Watch next: Entry Level House Flip Before and After
    th-cam.com/video/eKudc0SwfkA/w-d-xo.html

  • @RealFtblEdits
    @RealFtblEdits 2 ปีที่แล้ว +19

    OMG ! I went through these stressful times with contractors while renovating our house too . They take advantage of our innocence and lack of knowledge 😳

    • @antonbriggs5680
      @antonbriggs5680 ปีที่แล้ว +1

      Good contractors aren't cheap. If they hold your hand that cost extra.

  • @lataunyalee1266
    @lataunyalee1266 10 หลายเดือนก่อน

    The whole house is beautiful, I love the entry way.That master is lovely.

  • @deniseroe5891
    @deniseroe5891 9 หลายเดือนก่อน

    Love the end result, I guess it was worth it as you are still flipping houses. I have never flipped a house as a business venture,but have flipped every home we have had. You learn from your screw ups and usually don’t repeat them. I usually over estimate the materials needed and have leftovers. That’s better than running out of materials but my last project was a tile backsplash, some how I way over estimated and had enough tiles to do the surround around my garden tub. The only things I had to buy was mastic and grout. This is our last home, I am 63 and my husband is disabled. Every thing I have done I have put a lot of thought and preparation into doing as this is a one and done.
    Good luck and I wish you much success. Hopefully the down turn in the Bay Area Realestate market will not affect you too bad.

  • @Kida001
    @Kida001 2 ปีที่แล้ว +3

    Contractors who treat clients this way shouldn't be surprised when they get negative reviews and no recommendations.

  • @lucyv4416
    @lucyv4416 2 ปีที่แล้ว +5

    I’m so sorry what you went through!! I love what you’ve done and I’m glad you stuck it through to the end. Keep it up. Don’t give up. You can do it!! Live your work.

  • @amazinggrace7344
    @amazinggrace7344 2 ปีที่แล้ว +3

    I'm going through all of the pitfalls that you named in this video right now with my home renovation. I plan on starting my first flip in 3 months and I'm anxious about the contractor situation. I hope I can find a reliable, skilled contractor for the next project. Thank you for sharing your experience!

  • @LA-qk5bw
    @LA-qk5bw 2 ปีที่แล้ว

    Love your videos. You provide great tips and take your time explaining the process. Just subscribed!!!!

  • @melissarecord7102
    @melissarecord7102 2 ปีที่แล้ว +5

    I am glad you kept at it, you do a great job with the houses.

  • @ellenli7961
    @ellenli7961 2 ปีที่แล้ว +2

    Thanks for sharing! Wow, it sounds like a stressful experience. I'm glad you were able to pull it off though!

  • @vickywilson1048
    @vickywilson1048 2 ปีที่แล้ว +2

    Thank you for this video! It gives us beginners a realistic view of house flipping.

  • @annamorgan9069
    @annamorgan9069 2 ปีที่แล้ว +1

    It's easy to see why you are successful. You have a very good eye and are able to bring everything together cohesively... even with setbacks like you describe with this project. Very nice work.

  • @maokimaristizabal8243
    @maokimaristizabal8243 2 ปีที่แล้ว +4

    Nice job on the flip. Looks amazing. Admire your perseverance and determination, when most of us would be afraid to venture specially in such market.

  • @jalabi99
    @jalabi99 2 ปีที่แล้ว

    Great job on this challenging flip. Subscribed!

  • @gleeberger8966
    @gleeberger8966 ปีที่แล้ว

    ITS ABSOLUTELY GORGEOUS!!!

  • @glenysburgoyne7128
    @glenysburgoyne7128 2 ปีที่แล้ว

    Good for you - adversary indeed but you are helping others through "what not to do." You are appreciated (and I am also Bay area)!

  • @kneishaa55
    @kneishaa55 2 ปีที่แล้ว

    Simply beautiful ❤❤❤...I love your transformation style its a breath of fresh air unlike the common designs we're tired of seeing.

  • @millennialmoneyprogress
    @millennialmoneyprogress 2 ปีที่แล้ว

    Beautiful home and very helpful video!

  • @estelsaradop492
    @estelsaradop492 2 ปีที่แล้ว

    I always like watching your flips, but I was moved by your story and first flip. Bravo for sticking it through and making it a career.

  • @ajwriter5699
    @ajwriter5699 2 ปีที่แล้ว

    Thank you for your honesty.

  • @sbegum246
    @sbegum246 2 ปีที่แล้ว +1

    I do like some of the original colors before the refurb. For me, it's too much grey for a victorian house but still looks absolutely stunning.

  • @peggybuetow1026
    @peggybuetow1026 ปีที่แล้ว

    Beautiful!

  • @tritonh5683
    @tritonh5683 2 ปีที่แล้ว

    wow i just learned so much. thank you!!!!

  • @rasullramad1234
    @rasullramad1234 2 ปีที่แล้ว

    Awesome tips

  • @RealtorJosephLubbock
    @RealtorJosephLubbock 2 ปีที่แล้ว +1

    Hello! Thanks for sharing your experience, I have experienced a lot for the same things you had on my first aswell. Priceless knowledge. Do you stage all your homes yourself or do you hire a company? I would love to know your thoughts in the sale process/ staging area! Even your first home looks GREAT!

  • @Sean-Aviation
    @Sean-Aviation 11 หลายเดือนก่อน

    beautiful house

  • @idacian74
    @idacian74 2 ปีที่แล้ว

    Oh Ma'am Elisa.
    For 4k i would of install, paint baseboards, crown moldings. And to sweeten up the deal for that particular small room i would of taken you for a Starbucks as well. Jesus Christ some contractors are nasty.
    To bad you had learn that the hard way. 😞
    Thank you for your awesome videos and teach us in the future to be more precautions about the flipping bussing.
    You rock Ma'am Elisa! 🤗

  • @phonephone2996
    @phonephone2996 ปีที่แล้ว

    Love the channel. Just found and started watching. I’m getting into the industry in SoCal! I love that color of blue you did on the interior, what is it if you don’t mind!?

  • @SummerSausage1
    @SummerSausage1 2 ปีที่แล้ว +3

    Can you show us the scope of work of this project vs a newer scope of work? Just to show comparison of things you have learned since. like you mentioned the trim, but was there anything else? How do you enforce the deadlines now, do you hardcode the deadlines into the scope?Also do you just not tell the contractor your budget anymore when they ask?

  • @ivettesantana4319
    @ivettesantana4319 ปีที่แล้ว

    I hear story after story about bad contractors. I rather do what we can do ourselves.

  • @kevinkiripeterson1316
    @kevinkiripeterson1316 2 ปีที่แล้ว +1

    Great video. Curious to know: what were the holding costs? Thanks.

  • @homesmarky
    @homesmarky 2 ปีที่แล้ว

    We are on First flip too in Philippines

  • @jasminegreen3512
    @jasminegreen3512 2 หลายเดือนก่อน

    🔥🔥🔥

  • @tylergahn2370
    @tylergahn2370 2 ปีที่แล้ว +1

    I like that exterior paint color, what is it?

  • @michaellee7525
    @michaellee7525 2 ปีที่แล้ว

    This nightmare story will keep me up at night haha. Are you suppose to walk through the house to see what needs to be done and budget/analyze that into the offer or does that happen after the offer?

  • @lc2865
    @lc2865 2 ปีที่แล้ว

    you are a great design eye! Can i ask what color is that blue grey paint on the walls called?

  • @audreyl3889
    @audreyl3889 2 ปีที่แล้ว +2

    Hi, great info! I have a property in San Jose that's 1900 sq ft, and contractors are quoting $120K for labor only. How are you able to get it done so cheaply? Would you be open to helping me with a consultation?

  • @RealEstateDisruptors
    @RealEstateDisruptors 2 ปีที่แล้ว

    Thank you for sharing your failure, lots to learn from that

  • @quianaj27
    @quianaj27 2 ปีที่แล้ว

    Need help in finding the right contractor for my house I want to add on to my house

  • @derektang6450
    @derektang6450 2 ปีที่แล้ว

    What plant is that behind you?

  • @user-zl2vm9pq9b
    @user-zl2vm9pq9b 2 ปีที่แล้ว +2

    If I don’t own a home yet would flipping houses effect my first time buyers loan?

    • @melissaigberaese2470
      @melissaigberaese2470 2 ปีที่แล้ว

      No. You would be using hard money lenders for your flips not your regular mortgage brokers or bank so you wouldn't have to use your first time home buyers loan

  • @eduardojrmurallon8155
    @eduardojrmurallon8155 2 ปีที่แล้ว +3

    Hi good morning Ma’am Elisa, I have a property that I saw in Zillow address is 4000 Williamson Ct Sacramento, Ca . Is there a way who can estimate the cost to flip it over 🤗👍

    • @Nofacenocase1619
      @Nofacenocase1619 2 ปีที่แล้ว +1

      I would help you estimate but that address isn’t even listed

    • @catoceo9887
      @catoceo9887 2 ปีที่แล้ว

      Using language like that and not knowing that basic step, I recommend you learn more before you start. This is a very expensive business with costly lessons…

  • @eduardojrmurallon8155
    @eduardojrmurallon8155 2 ปีที่แล้ว

    This property w/ adjoining two lot.......

  • @user-ps8il1ld6q
    @user-ps8il1ld6q ปีที่แล้ว

    Do you have a Gmail that we can contact