I agree with the feedback you received...the refurb you guys initially did was underwhelming, so I'm not surprised to hear your potential buyers were also underwhelmed. Very helpful to hear and see all the particulars. Thank you!
Wait you to clowns joined youtube 1 week ago and now randomly posting on all xhannels how you beoke your girlfriend password. and 1 of you posted 29min ago and the other 10 mins nd he says it took him 20 min.....# bots
You're lucky she left the home in that condition, someone I know was in a similar situation and hired a contractor to remove everything but the drywall.
Not sure if you'll read my comment lol but I truly appreciate all the work you do for this channel Mark and the informative details you get into step-by-step,You are truly a great mentor an I will make sure to sign up for that course as soon as I'm done with my finance exams here in Oakland,CA.Once again keep up the great work!
Not many buyers have 800K in cash, a cash sale saves time and also for you the $$$$ it was costing you to hold it. Great information and you list ALL known costs or you have records of, now i see now why you didn't pay cash as you have other properties being redone at the same time, that financing sure adds up quickly!
If you would have put in new vanity and changed tile countertops and crown molding....maybe spend another 20k you could have sold it for 850k. A buyer can see how much you got it for and see what you did and i feel you did the least amount just to make it look nice. For 800k that house better have good finishings.
You did another adventuresome house a while back. i was so in awe. It was huge, weird, unfinished personalized (bad, unique, unfinished dark house. I think you paid a higher price. i never could find out what happened to it and I couldn't find it again. Someday I hope find out. I always learn alot from your flips.
@@investfourmore I don't know! It was inticing. I thought I have to see what he does with this. It was on the verge of being "impossible". And I'm still trying to find what happened. I have such confidence in you I know it ended up cool. You were thinking of it possibly for your use I think. Anyway thanks for reply.
I would never have balls to do flip that big, the one investor I worked for when I was 17-18 had a house like that just before market market tanked, she still has it lol. I don’t think she used hard money but imagine that!!
This is my dream house. I wish they made them like this in my country but homes this big with these kind of features are reserved for the wealthy people only
You should have done those improvements the first time round. I thought you were going to fix those window seals the first time. I would have redone that island in the kitchen. It's a strange shape, in my opinion. It's a really nice home. I'm not sure if I would have moved either.😁 But over here, in my country, a 10-year lease does not guarantee that the rental price can't be raised. You are able to raise the rent a certain amount of times during a lease agreement at a percenage of the monthly rate every year or so, within reason. Its up to the landlord. But don't get too greedy. Especially if you have a great tenant who is taking care of the property and has been there for a while.
Man, that's definitely a house that comes to mind when I think of something I want as a house. Living in SoCal, tho, is a bit intimidating when thinking of buying a house. At least for me. Awesome video!
Wow! What a nightmare about the tenant! Thankfully, you were still able to see the light at the end of the tunnel! Yay!!!!! It’s a wonderful house and I sure hope whoever bought it will truly make it into a home - complete with family. All in all, you did very well so I think though it may have been risky to purchase it- you actually made the right decision really.
What most people don't understand about profits from flipped homes... That profit gets reinvested back into the business. The flipper doesn't just get $100,000 in their pocket. And, it only takes one problem property to suck a lot of profit away.
I love your channel. All the way from South Africa, I just bought my first rental property and looking into flipping. Kindly invest in a quality camera 😃 , it will be worth while for the quality of your channel as well
I was wondering what happened to this property. I just have that gene that says if someone is scamming you on a 10 year lease, you bury them. Never let a scammer win. I couldn't imagine paying that person money to leave but this is Colorado and the courts made a previous decision so it was a pragmatic decision to pay her to leave. I just couldn't have done it. I would have towed that trailer off the other lot (the famous other flip) and dropped it in the police station or McDonalds parking lot. And I would have had ethical difficulty paying for her lawyer or paying her to leave. But nice job on the end results.
maxbass Yeah, genuinely nasty people makes us wanting them to have zero rights rsrs. But, it was nice and interesting to hear Mark telling how he managed.
You have to be careful letting emotions dictate business decisions. Technically she was not scamming me but the bank. I didn't like giving her a dime, but I gave her a lot less than she wanted I think she felt pretty defeated with the whole process in the end. Somehow she thought she was going to end up with the house or keep paying cheap rent for a long time. I explored every option I could to terminate that lease including HOA violations, not keeping up the yard, not shoveling snow, etc. However, it would have all gone to court again and been up to a judge while I rack up tens of thousands in legal bills. It is still so weird how that camper just up and vanished.....
Crazy this is your first time doing a house that expensive. That's about the average price of a home in my neighborhood, and probably only slightly above average for the area. Crazy!!
The biggest mistake you made was not adjust your rehab to the market. A lot of people make the mistake on the low end (make a cheap property too high end), but you did the contrary. This is a 800K home, it should be a lot more luxurious than you finished result. Just getting rid of the yellow wood and painting it something like light gray or washed out black would have given the home a different vibe. Then I'd highly recommend staging a home at this pricepoint. Buyers need to envision them living in it.
Iyou should of re painted the cabinets in the caution and adden new counters in modern painted all white with black trim or ligth bday and white trim in every room I deal almost 0 change and re done the floor
You should’ve changed colour scheme to neutral and removed carpets to natural materials or tiles it immediately turns to higher end as a high end consumer i would put classy and antique looking fixtures in the property by the we also flipped one house but ended up doing way more than we anticipated but the outcome was awesome
The oak trim is so ugly, you should have painted it. As well have painted the entire house the same neutral color. If you stage your homes you would make more money
@@investfourmore yes. Sounds like the foreclosure I just brought. The neighbor was renting it out illegally. Luckily when the bank grabbed it the people politely moved out. Can't wait until we finish it. Do you know any private lenders in Florida by chance? It's a gold mine here Thanks to climate regentrification and a few state laws that were passed recently.
I’ve watched a few of these videos and rarely have seen a laundry room. The standard in new housing is that the w/d are on the same floor as the majority of the bedrooms or near the kitchen. Where in this high-end home was the w/d?
I just have always felt that the people squatting should be dealt with by the seller every time. It's their original issue and should be dealt with the same way a lien (disclosure) would be handled PRIOR to sale.
Like your videos. It seems the ones I watch are high risk. But you make them work. Seems you (not you specifically) have to take risks, but educated risks. Ya' know your business.
wow now here is a huge difference i see properties there not worth what you spend on them but this place would easily go for a mill5 here and sell quickly.
It's strange that the wife wasn't charged along with the others. The court seized property and bank accounts that were solely in her name, so they had to have proof of her involvement in the scheme. Oh well, beautiful house!
That sounds stressful, there’s a lot of unknowns and a huge amount of time and risks and investors to pay back , if throwing that much money into a unknown situation that sounds like gambling addiction hoping the slots are going to come up all cherry’s, I would need some kind of a back up plan or guaranteed funds to back myself with, yes the property sold for a profit how many sleepless nights and phone calls were made, congratulations!
I sleep pretty well unless I am sick. lol. I was pretty confident it would be fine with the profit margin. I don't make phone calls too often. Usually my assistants do
@@investfourmoreSo where in your videos do you add the income tax? I only see the carrying costs tax, which I assume is the house tax alongside insurance and mortgage?
You replace the carpets upstairs, but not the stairs themselves? They look nasty! Also disappointing you didn’t change any of the bathrooms. Especially the one with the metal bar vanity! 🤦♀️ Just saying!
This house is NIIIIICE!! I love the in-law suite/kitchenette type thing with that hidden room in the basement. Definitely a nice touch. This is a high end home, so the people who usually buy these homes (I'm assuming) have the money to maintain them, and are well educated to understand the value in keeping their home well maintained rather than letting it fall into disrepair and letting an investor capture that equity later lol. The fact that they were a CASH buyer for an 800k home indicates to me they could have been a foreign buyer. Lots of wealthy Chinese buying up homes lately in North America. Mark, would you say that the more expensive the home, the better the condition you usually find it in? I suspect this is the case, but it's all theory for me at this point.
Because I would have to find the buyer. Most buyers work with an agent. If I don't pay a commission to other agents I eliminate 90 percent of buyers and will cost myself $50k or more because of a lower sales price
@@investfourmore Thank you so much for your answer.. I truly am liking the hard work you and your team have put in..Its great to see the progress over the years !
That carpet looks like a awful gray/ blue that reminds me of my grandmas house. Mark I love your videos and watch them religiously so I don’t mean any hate by this but you could have done so much better. You cheeped out heavily, the carpet is gross, that wood floor looks so fake (not sure if it is) the colors remind me of something from the early 2000s. The house is beautiful from the outside but is a huge disappointment on the inside. If your going to play in the high end market, make the house look high end. You could have sold that house for a $1,000,000-$1,200,000 (at least where I live) if you didn’t take the lazy route and put in the least amount of effort. This isn’t to be hateful but your company is turning into getting houses out cheep and put in no effort and it sucks because you guys have so much more potential
He would've gotten the same amount as he did doing all that extra work. If the price was any higher he would've held on to that house for over a year longer. It really just depends on the location. Playing in the high end market is gambling, that's why he doesn't do it often. Not trying to be rude, I just love learning about the housing market.
Some things to consider. The carpet was actually very nice. It was extremely plush and comfy. Not builder grade. The hardwood on the main floor is all original hardwood. The basement had laminate that was already there. It was the basement. No way that house sells for $1,000,000 or close to it. The comps were not where near that. You should know from watching my videos that every market is different and you can't price a home based on a different market. Sometimes a different street makes a 20 percent difference. You can call it lazy, but judging from your comments you can tell you have not flipped before. Spending too much money to make houses look like HGTV is a great way to go bankrupt unless you are in a super high end market. They won't sell for much more and they won't appraise. All a waste of money. Why do you think builders do the same thing?
Beautiful house been binge watching all your videos but please can you edit so you don't keep repeating information over and over its getting very annoying.
![ทุกครั้งที่หลับตา (Lucid Dream) - AYLA's [ Official MV ]](http://i.ytimg.com/vi/4i1OBAQyv58/mqdefault.jpg)
This channel is a nugget of gold, so damn real and no clickbait. I love this channel!
I agree with the feedback you received...the refurb you guys initially did was underwhelming, so I'm not surprised to hear your potential buyers were also underwhelmed.
Very helpful to hear and see all the particulars. Thank you!
the oak trim always makes me discount a house value, dont know why....lol
I’m not a fan either and there’s way too many colors going on in that house
Wait you to clowns joined youtube 1 week ago and now randomly posting on all xhannels how you beoke your girlfriend password. and 1 of you posted 29min ago and the other 10 mins nd he says it took him 20 min.....# bots
@Kristopher Kaison nope
@@jacobygustavo4007 nope
Congrats on getting the tenant out of there. I would have taken a lot more to get me out of there, lol!
I wouldn't be moving either.
A 10 year lease for that amount each month is hard to come by.
wow mark what a house! i absolutely love this house. my dream house
You're lucky she left the home in that condition, someone I know was in a similar situation and hired a contractor to remove everything but the drywall.
She would not have gotten the $20,000 if she didn't leave it in good condition.
They could have called the police for vandalism
Ya, I'm surprised she left it so clean!
@@tymom9313
A great tenant.
Not sure if you'll read my comment lol but I truly appreciate all the work you do for this channel Mark and the informative details you get into step-by-step,You are truly a great mentor an I will make sure to sign up for that course as soon as I'm done with my finance exams here in Oakland,CA.Once again keep up the great work!
Thanks!
Not many buyers have 800K in cash, a cash sale saves time and also for you the $$$$ it was costing you to hold it.
Great information and you list ALL known costs or you have records of, now i see now why you didn't pay cash as you have other properties being redone at the same time, that financing sure adds up quickly!
If you would have put in new vanity and changed tile countertops and crown molding....maybe spend another 20k you could have sold it for 850k. A buyer can see how much you got it for and see what you did and i feel you did the least amount just to make it look nice. For 800k that house better have good finishings.
You did another adventuresome house a while back. i was so in awe. It was huge, weird, unfinished personalized (bad, unique, unfinished dark house. I think you paid a higher price. i never could find out what happened to it and I couldn't find it again. Someday I hope find out. I always learn alot from your flips.
Was that the crazy house? I did not buy that one
@@investfourmore I don't know! It was inticing. I thought I have to see what he does with this. It was on the verge of being "impossible". And I'm still trying to find what happened. I have such confidence in you I know it ended up cool. You were thinking of it possibly for your use I think. Anyway thanks for reply.
Wow so glad it all worked out! The house is very beautiful.
I would never have balls to do flip that big, the one investor I worked for when I was 17-18 had a house like that just before market market tanked, she still has it lol. I don’t think she used hard money but imagine that!!
Yeah, you can always sell something, but not always at the price you want.
Brandon Carrigan when do u think the market will tank again i want to invest into a Expensive home
This is my dream house. I wish they made them like this in my country but homes this big with these kind of features are reserved for the wealthy people only
Dang, I’m in my 2nd year now if RE - could never attempt a 800k flip, unless maybe Cali or somewhere with crazy demand!
More power to you!
It had to be a huge money maker for me to do it
Try Vancouver!
You should have done those improvements the first time round. I thought you were going to fix those window seals the first time. I would have redone that island in the kitchen. It's a strange shape, in my opinion.
It's a really nice home.
I'm not sure if I would have moved either.😁
But over here, in my country, a 10-year lease does not guarantee that the rental price can't be raised. You are able to raise the rent a certain amount of times during a lease agreement at a percenage of the monthly rate every year or so, within reason.
Its up to the landlord. But don't get too greedy. Especially if you have a great tenant who is taking care of the property and has been there for a while.
10 year leases are never used here unless it is a commerical business.
Very nice love the mother in law suite!
Man, that's definitely a house that comes to mind when I think of something I want as a house. Living in SoCal, tho, is a bit intimidating when thinking of buying a house. At least for me. Awesome video!
Thanks! One day I will do a video of my house.
Wouldn't this house be in the range of $4m in most of socal?
That's a crazy set of circumstances. Good job pulling through that one and ending up profitable. Greetings from Temecula CA!
Greetings from La Mesa!
Wow! That’s a great flip. Dealing with tenants sure isn’t something a beginner could do so easily
High end home buyers are typically looking for a modern design. Which is probably why it didn’t sell for a lot more
Wow! What a nightmare about the tenant! Thankfully, you were still able to see the light at the end of the tunnel! Yay!!!!! It’s a wonderful house and I sure hope whoever bought it will truly make it into a home - complete with family. All in all, you did very well so I think though it may have been risky to purchase it- you actually made the right decision really.
I love the granite in the basement. I think it's Bianco Antico.
possibly... :) Yay or Nay on Fangio?
What most people don't understand about profits from flipped homes...
That profit gets reinvested back into the business.
The flipper doesn't just get $100,000 in their pocket.
And, it only takes one problem property to suck a lot of profit away.
I love your channel. All the way from South Africa, I just bought my first rental property and looking into flipping.
Kindly invest in a quality camera 😃 , it will be worth while for the quality of your channel as well
this was an old video
Besides the problems with the tenant you bought yourself a really nice house!
Thanks!
Wow, this is an eye-opener! Congratulations that you made a profit after all that. The house is gorgeous.
Thank you!
Beautiful home Mark - gorgeous! While it was a pain to deal with - time and patience paid off in the end! Cool! :-)
It was fun!
I was wondering what happened to this property. I just have that gene that says if someone is scamming you on a 10 year lease, you bury them. Never let a scammer win. I couldn't imagine paying that person money to leave but this is Colorado and the courts made a previous decision so it was a pragmatic decision to pay her to leave. I just couldn't have done it.
I would have towed that trailer off the other lot (the famous other flip) and dropped it in the police station or McDonalds parking lot. And I would have had ethical difficulty paying for her lawyer or paying her to leave. But nice job on the end results.
maxbass Yeah, genuinely nasty people makes us wanting them to have zero rights rsrs. But, it was nice and interesting to hear Mark telling how he managed.
You have to be careful letting emotions dictate business decisions. Technically she was not scamming me but the bank. I didn't like giving her a dime, but I gave her a lot less than she wanted I think she felt pretty defeated with the whole process in the end. Somehow she thought she was going to end up with the house or keep paying cheap rent for a long time. I explored every option I could to terminate that lease including HOA violations, not keeping up the yard, not shoveling snow, etc. However, it would have all gone to court again and been up to a judge while I rack up tens of thousands in legal bills.
It is still so weird how that camper just up and vanished.....
High Risk can lead to High Rewards but gotta know the markets! Great Job!
Thanks!
I love how you do business!
Crazy this is your first time doing a house that expensive. That's about the average price of a home in my neighborhood, and probably only slightly above average for the area. Crazy!!
Everywhere is different!
The biggest mistake you made was not adjust your rehab to the market. A lot of people make the mistake on the low end (make a cheap property too high end), but you did the contrary. This is a 800K home, it should be a lot more luxurious than you finished result. Just getting rid of the yellow wood and painting it something like light gray or washed out black would have given the home a different vibe. Then I'd highly recommend staging a home at this pricepoint. Buyers need to envision them living in it.
But im watching 4yrs later and thank God grey is finally dead! Back to warmer colours
good job...you took a little risk and got the reward.
Thank you
Iyou should of re painted the cabinets in the caution and adden new counters in modern painted all white with black trim or ligth bday and white trim in every room I deal almost 0 change and re done the floor
I love this house so much ❤️ I just want to live in the basement (love the secret room behind the bookcase) ☺️
it was a cool room
How do you determine you ARV for your properties? Do you have a video for that?
Not yet, I will make one soon.
That is a really nice house..
You should’ve changed colour scheme to neutral and removed carpets to natural materials or tiles it immediately turns to higher end as a high end consumer i would put classy and antique looking fixtures in the property by the we also flipped one house but ended up doing way more than we anticipated but the outcome was awesome
I found that those bigger homes are harder to make a profit on,but you did real good even though you had to jump though all those hoops.
I agree
Beautiful job.
I love this house.
It was a nice home!
Yeah I’d be putting up a fight if I was living there too..lol
Your channel is awesome!
Thank you so much!
why didn't you paint out that horrible dining room?
Wow beautiful. My kind of house if i could afford it.
The oak trim is so ugly, you should have painted it. As well have painted the entire house the same neutral color. If you stage your homes you would make more money
Don't paint the wood
Beautiful Home either way
Thank you!
Great job great house !! Took the risk just had to think out the box !! keep emotions out and you win at the end
I remember this house when you posted it. It sounds like a prior lease option gone wrong (shady deal by prior owner)
My guess is it was done to keep them in the house after the foreclosure.
@@investfourmore yes. Sounds like the foreclosure I just brought. The neighbor was renting it out illegally. Luckily when the bank grabbed it the people politely moved out. Can't wait until we finish it. Do you know any private lenders in Florida by chance? It's a gold mine here Thanks to climate regentrification and a few state laws that were passed recently.
@@Kodboattours where in florida are you?
@@investfourmore I'm in Lakeland Florida (polk county, orange county and Hillsborough county are closest in proximity to me
@@investfourmore you can email me @tbterealestateinvestments@gmail.com if you come up with anything. Thanks in advance!
I love this house!
It was cool
beautiful home for 535
w it ismuch much more!
Good video and work,from me in Denmark.
Thank you
I’ve watched a few of these videos and rarely have seen a laundry room. The standard in new housing is that the w/d are on the same floor as the majority of the bedrooms or near the kitchen. Where in this high-end home was the w/d?
There was one by the garage and maybe upstairs too. i can't remember
6600/year in taxes on a 800K home?! Not Bad!
Taxes are cheap here
@@investfourmorewouldn't it be taxes on a 535k home?..
@@devonr7497 what ever the assessor values it at
@@investfourmoreI heard that there is a tax on profit from a flip from 25-52%????
@@devonr7497 income is taxed yea.
These are fantastic
I just have always felt that the people squatting should be dealt with by the seller every time. It's their original issue and should be dealt with the same way a lien (disclosure) would be handled PRIOR to sale.
They aren't squatting
Good Content Mark
Thank you Jaime!
Like your videos. It seems the ones I watch are high risk. But you make them work. Seems you (not you specifically) have to take risks, but educated risks. Ya' know your business.
Thanks!
wow now here is a huge difference i see properties there not worth what you spend on them but this place would easily go for a mill5 here and sell
quickly.
all relative
Cash for keys! Nice
Love that house
It was cool
I would like to get into buying and selling. Where would I go to school to learn, I live in Manhattan, kansas
It's strange that the wife wasn't charged along with the others. The court seized property and bank accounts that were solely in her name, so they had to have proof of her involvement in the scheme. Oh well, beautiful house!
You may know more than I do!
That sounds stressful, there’s a lot of unknowns and a huge amount of time and risks and investors to pay back , if throwing that much money into a unknown situation that sounds like gambling addiction hoping the slots are going to come up all cherry’s, I would need some kind of a back up plan or guaranteed funds to back myself with, yes the property sold for a profit how many sleepless nights and phone calls were made, congratulations!
I sleep pretty well unless I am sick. lol. I was pretty confident it would be fine with the profit margin. I don't make phone calls too often. Usually my assistants do
GOOD BLOG BUT YOU NEED TO GIVE MORE INFO ON THE LOCATION...AT LEAST WHAT STATE???THANKS...
JIM RICK you can see it on the listing... Logmont, CO 😊
Great vid
Thank you
It was risky. But you made it.
First time I’ve seen fridge as a repair cost for you. Lol
right
In the basement it's a panic room and a wine room. Please dont advertise it as a Harry Potter room....lol jk
@mark ferguson I heard that there is a tax on the profit you make from a flip from 25-52%????
You pay tax on it just like any income you make
@@investfourmoreSo where in your videos do you add the income tax? I only see the carrying costs tax, which I assume is the house tax alongside insurance and mortgage?
Thank you for your help by the way
If she still had a lease how was it able to be sold?
You can sell a house with a lease
$20k? When you buy a house isn’t the tenants lease void?
Nope, the sale does not void a lease.
@@investfourmore Is this only in Colorado? I'm in Houston, TX. Thanks again for all this great content!
@@frankos713 Nope, in most states
She made out like a bandit. Its kind of rewarding bad behavior but i guess thats business.
@@investfourmore thanks good to know
Am I missing you saying what are the comps in the area?
How do you keep track of payouts and costs and taxes and ! :). I think I'd say a few it. Not worth all the work. Love your videos!
bookkeeper
What else did you have to do to this house? I can't imagine.
Would you still consider buying from Hubzu again?
I love HUBZU. They just don't have any properties here.
I suppose these people are accustomed to cheating others, hence, why husband is in jail. You are too nice to hire a lawyer to represent her.
It wasn't because I am nice. It was to get the deal done. You can't let emotions come into play. That was the quickest way to get her out.
@@investfourmore wow you are solid dude. I couldn't have done it. Too emotional lol
20k? You could have least changed tile counters.
How is it that the bottom floors were so traditional and yet the upper bedrooms looked like a bag of Skittles. There’s no accounting for taste. Smh!
Omg 🤣🤣🤣🤣🤣🤣🤣😂😂😂😂😂
A previous owner probably let their kids paint the upstairs rooms or something.
I want a link to the securities fraud conviction.
www.justice.gov/usao-co/pr/longmont-man-sentenced-84-months-prison-investment-fraud-scheme
@@investfourmore Also interesting...www.sec.gov/alj/aljdec/2018/id1251bpm.pdf
You replace the carpets upstairs, but not the stairs themselves? They look nasty! Also disappointing you didn’t change any of the bathrooms. Especially the one with the metal bar vanity! 🤦♀️
Just saying!
Where is this house?What state?
Colorado
My goodness 11% interest, how is that possible.
Hard Money....mine is 12.99%
Private lender. You can't get a regular loan on these deals
I know hard money lenders that are much cheaper. Anthony Mark@investfourmore.com
Was the woman living there all alone? That's a big house for one person to have. Just wondering.
Wow! Nice house. 10 year lease? Never heard of such a thing. Glad you worked it out! No risk no reward. :)
We have 1 year, 3 year or 9 year leases. All with their own benefits and disadvantages. 9 years is very very uncommon.
This house is NIIIIICE!! I love the in-law suite/kitchenette type thing with that hidden room in the basement. Definitely a nice touch.
This is a high end home, so the people who usually buy these homes (I'm assuming) have the money to maintain them, and are well educated to understand the value in keeping their home well maintained rather than letting it fall into disrepair and letting an investor capture that equity later lol. The fact that they were a CASH buyer for an 800k home indicates to me they could have been a foreign buyer. Lots of wealthy Chinese buying up homes lately in North America.
Mark, would you say that the more expensive the home, the better the condition you usually find it in? I suspect this is the case, but it's all theory for me at this point.
Yes, for the most part
here is a good flip for you! 275 red fox run dr wallace nc
Electricians can make any beautiful home look crappy when they start installing crooked outlets
Do you help people get started? We are interested in "hold" investments
Yup, have you seen my blog ? investfourmore.com
@@investfourmore Do you mentor new investors?
@@jmjpowerjoule My blog and this channel are a mentorship of sorts. I have some coaching programs as well. investfourmore.com/real-estate-coaching/
@@investfourmore Thank you sir.
Who has carpet in a bathroom?!?
Thanks Mark for the good information and learning a lot with you than those morons and A**H***, trying to make money on people. Thanks again.
Thanks!
Mark, if I get some properties in your area under contract, would you like to be added to my cash buyer list for your area?
yes! Mark@investfourmore.com
Even though your hair looks a little goofy, you are still the MacDaddy of flips!
Time for a haircut again. Stupid stuff keeps growing
Why can't you sell it and get the 24000 ? Why someone else ?
Because I would have to find the buyer. Most buyers work with an agent. If I don't pay a commission to other agents I eliminate 90 percent of buyers and will cost myself $50k or more because of a lower sales price
@@investfourmore Thank you so much for your answer.. I truly am liking the hard work you and your team have put in..Its great to see the progress over the years !
Nope, im first
That carpet looks like a awful gray/ blue that reminds me of my grandmas house. Mark I love your videos and watch them religiously so I don’t mean any hate by this but you could have done so much better. You cheeped out heavily, the carpet is gross, that wood floor looks so fake (not sure if it is) the colors remind me of something from the early 2000s. The house is beautiful from the outside but is a huge disappointment on the inside. If your going to play in the high end market, make the house look high end. You could have sold that house for a $1,000,000-$1,200,000 (at least where I live) if you didn’t take the lazy route and put in the least amount of effort. This isn’t to be hateful but your company is turning into getting houses out cheep and put in no effort and it sucks because you guys have so much more potential
He would've gotten the same amount as he did doing all that extra work. If the price was any higher he would've held on to that house for over a year longer. It really just depends on the location. Playing in the high end market is gambling, that's why he doesn't do it often. Not trying to be rude, I just love learning about the housing market.
Some things to consider. The carpet was actually very nice. It was extremely plush and comfy. Not builder grade. The hardwood on the main floor is all original hardwood. The basement had laminate that was already there. It was the basement. No way that house sells for $1,000,000 or close to it. The comps were not where near that. You should know from watching my videos that every market is different and you can't price a home based on a different market. Sometimes a different street makes a 20 percent difference. You can call it lazy, but judging from your comments you can tell you have not flipped before. Spending too much money to make houses look like HGTV is a great way to go bankrupt unless you are in a super high end market. They won't sell for much more and they won't appraise. All a waste of money. Why do you think builders do the same thing?
Very true Tyler
Beautiful house been binge watching all your videos but please can you edit so you don't keep repeating information over and over its getting very annoying.
Nothing Outstanding about this place! Certainly not $800,000+!!!
Please stop CONSTANTLY REPEATING the same info!!! Good grief!!!