what investors do when a fix and flip goes over budget on OLD house скачать в хорошем качестве

what investors do when a fix and flip goes over budget on OLD house

Sometimes real estate investors buy houses to flip but the renovation is a lot more expensive than they thought.  So today we're going to see a fellow investor friend of mine, Dee Dee.  She's been flipping houses for years in the Downtown area of Newport News, VA.  She bought this house to flip but when she started the renovation, the foundation needed more repair due to the age of the property.  So come inside to look with me to determine whether I want to get involved in this flip or not.  We'll walk through the house to estimate the remaining reno and then go over the numbers to see how much she can sell it for, and how much profit is left for the investor.   👉Make sure to join our email list so you don't miss any exclusive trainings, events or Questions of the DAY: https://aw8d9fb.aweb.page/p/6cca7548-... 👉Learn my 15 ways to get started investing in real estate: https://the-real-estate-roundup-com.m... 👉DOWNLOAD my Lease Option Document packet: https://krish.thrivecart.com/lease-op... 👉NEED SELLER LEADS? Hire my "GEEK SQUAD" to get you deals: https://go.motivatedleads.com/ppl-1?r... 👉Get the #1 real estate investing software: http://trial.propstreampro.com/kris/ 👉Need a "We Buy Houses" website that's already optimized: https://carrot.com/pricing/?fpr=3685 👉Claim your FREE copy of "The Real Estate Negotiating Bible" FREE download: https://aw8d9fb.aweb.page/p/b73d42ae-... Subscribe:    / @krishaskins   | Website: https://therealestateroundup.com/ Watch the NEWEST videos:    • Newest Videos | Kris Haskins   Watch More Kris Haskins: Investing:    • Investing  | Kris Haskins   Real Estate:    • Real Estate | Kris Haskins   Negotiating:    • Negotiations  | Kris Haskins   Tenant Tales:    • Tenant Tales  | Kris Haskins   Newest Videos:    • Newest Videos | Kris Haskins   Most Popular:    • Most Popular | Kris Haskins   About Kris Haskins: Welcome to the official Kris Haskins YouTube channel! On this channel, you’ll find a variety of financial content including vlogs, investments, real estate, and more. Make sure to subscribe and enable ALL notifications! For instant updates, check out the social media accounts below. #vlogs #VIDEOSPECIFIC #VIDEOSPECIFIC #krishaskins 00:00- Intro 1:00 - I'm driving to the property from Suffolk to downtown Newport news va and you can see the James river as it dumps into the Chesapeake bay & I'm crossing the Monitor Merrimac bridge tunnel 3:30 - Why are there so many churches and corner stores in the downtown area 5:50 - In downtown areas, you have to be careful because the houses can be extremely close together 6:20 - Meet Dee Dee, she's the investor on this deal 7:44 - There's a lot of debris in the yard that will need to be removed 9:50 - This house has balloon framing, meaning the wall studs go from the foundation to the roof and she's demo'd the first floor 12:41 - She had to replace ALL the sub flooring on the 1st floor 14:36 - She wants the first floor to be a Primary bedroom w/ bathroom, and great room 16:00 - The 2st floor has 3 bedrooms and one bathroom 17:00 - She removed all the plaster off the walls on the both floors 19:22 - The roof is new, but the plywood are bowing so the roof will need to be replaced 20:22 - What does Dee Dee think the house is worth after fixed up what does she want to do with the property 25:10 - Dee Dee's advice for other real estate investors doing fix and flip properties 26:40 - Let's go over the numbers on this property flip Follow Kris on Social media: Instagram:   / kris.haskins   Facebook:   / kris.haskins.7   Twitter:   / kriz1204