Title | : | How to Start Flipping Houses as a Beginner |
Lasting | : | 7.48 |
Date of publication | : | |
Views | : | 329 rb |
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What if some one is able to aquire a abandoned house how does this scenario work Comment from : @AnthonyM3168 |
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Question: How do you have time to send a contractor to assess remodel cost without someone buying the property out from under you? Thanks! Comment from : @rjrafferty |
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I wanna start flipping! I’m from MA and 20 years old, cool to see MA in a video! Comment from : @jolierossi33 |
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GREAT VIDEO! you make it sound so easy! Comment from : @andreasamuels5875 |
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I live in MA, and this video gave me the motivation I needed at the right time Thank you! Comment from : @Diiana_Morilloo |
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How did you get $80000 Through saving or loans? Are there grants to apply for? Comment from : @precioushomedesignswithjas9344 |
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Best video ever Do you have master classes for starters? Comment from : @nivesyundze6306 |
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Do you need your real estate license to buy in fliphouses Comment from : @cherrylove8431 |
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thanks for the info everything was so clear and to the point brother 🙏🏻 Comment from : @aclorez557 |
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My brother and I are about to embark on this journey, very nerve wracking but your video was clear, simple and straight to the point Thank you for your advice! Comment from : @danielherrera8177 |
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So how did you get the deposit money? Did the lender give you the money for the deposit? And what was the full timeline of the deal? Comment from : @arshsingh4273 |
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Thanks bro great info I'll pay it forward Comment from : @JORDANb826 |
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Thank you i need to start my own business Help me, please Comment from : @tmoses888 |
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This man giving real sauce glad I found this video Comment from : @rece_muney7373 |
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how do you get 80k disposable income at the age of 23? Comment from : @fumetsu-950 |
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You make it sound soooooo easy Comment from : @lightskinn8071 |
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How can I get a hard money lender that will do the 100 property loan and renovation in Massachusetts? Comment from : @luisll7969 |
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can you be under 18 years old to flip or do i have to be exactly 18 years old to start? Comment from : @AshantiiBell-f1p |
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Great video Very informative I so appreciate it I liked and subscribed 😊 Comment from : @lenak1438 |
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How much did the whole renovation cost you? Specially the kitchen and the bathroom how much did it cost each? How much money did it cost you in interest doing it with the hard money lender and how much you had to pay in taxes to the government? Comment from : @Ysvnmnks |
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What if we have no contractor friends Comment from : @sonic-bb |
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Very useful, thank you! Comment from : @MariiaRetiunina |
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Great video great explaining, I have just a question let’s say I found a house that costs 300k after doing the 70 rule the price goes down to 210k minus the repairs let’s say for an example 50k that’s 160k so I should try and buy the house for 160k?? It’s seams to little considering that the house was 300k and 160k is almost half that price please let me know if I got it wrong thanks bro Comment from : @MohamedRida-d9q |
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Honestly, thank you so much ❤ Comment from : @monie9867 |
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Question: brWhat are some of the things that could cause you to lose money flipping houses you stated a few towards the end of the video but as an early investor are there any other red flags?Great video and thanks for sharing Comment from : @originalnuwrld438 |
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Best video ever with clear details Thank you Comment from : @oluwabunmioba3115 |
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Is there any way to get a private money lender without going to meetups, like online or something like that? Also how could I prove to said lender that I am reliable enough for them to make that investment, assuming they wont check credit? Comment from : @chesstrackz |
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So, just to understand a bit more, let’s say the house cost $80K, and the renovations were another $85K, you would borrow $165k from a private lender So when you sell the house, you pay them the initial amount owed plus a percentage right? Comment from : @jayparis1805 |
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Wish me luck Finna start Comment from : @Abp_bee |
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Hello, my husband and I are looking to do exactly what you do I did shoot a text… thanks Comment from : @TeeAndBennieIvy |
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How do you know whether to use 70 or 75? Most says use 70 but does 75 still cover everything? Comment from : @michaeljdoud9012 |
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are you able to teach me if yes please let me know in the comment Comment from : @ateqameri7399 |
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Video is silent for me 🤔 Comment from : @TCG_Goblin |
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Thank you! Comment from : @chevonsmiley3786 |
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Cause I moved back to Ohio n there are hella desolate houses that could use some help Comment from : @gracesplace3449 |
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Any suggestions for my very first step ? Comment from : @maseletsgetit5526 |
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Thanks for the vid! Really helpful content, sir! Was wondering how long it took you to flip your first home? Comment from : @gussingleton9571 |
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I am 15 and going to be buying and flipping my first house by 16 Comment from : @HarrisonSchmidt-q4s |
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how smart amd sweet youtuber you are i wish you the best for you and your business to helping people Comment from : @LovelyNomad2024 |
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I’m from Leominster Comment from : @TheDivineone-of999 |
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What about getting the money I don’t have 80 thousand dollars to buy a rundown house to flip Comment from : @DrewTubeTv914 |
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So selfless for sharing the video Thank you 🙏🏽 Comment from : @princedeux8923 |
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How long did it take till you completed it Comment from : @HemiRupapera |
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These deals are tough in 2024 here in MA AND; getting local contractors to view a property to submit an esimate is nearly impossible! You need to have that relationship established already Speaking of that, how do you divide up what each of you brings to the table? Your real estate and funds, his contracting work --- how do you ensure equal input/reward? Comment from : @dawnfoster6530 |
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I noticed you mentioned it's a risky business and you can lose a lot of money Can you make a video talking about the risky aspect and the downside of flipping houses What can go wrong and what's the worse scenario? Comment from : @Sergio-e5y |
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The more you upgrade the house the more it's worth Comment from : @alexander1982miller |
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See how much a house in good condition is in that area Comment from : @alexander1982miller |
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You shouldbuy empty land and build houses Comment from : @alexander1982miller |
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After you paid the lender back how much did you walk away with? Comment from : @rgr780 |
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Well done Comment from : @davidjohn4364 |
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Idk bro some stuff that you are saying is not adding up Comment from : @mariohosea4782 |
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I got such a passion for architecture and this is an amazing way to turn that hobby into a business Comment from : @Gravitation3Beatles3 |
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I’m Italian and I live in here I would like to start with real estate flipping because in here this business isn’t arrived yet and all the houses are so old Can we talk about this? Thanks Comment from : @antonellaarmetta |
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So the private lender spent 80k to purchase the home and 85 to remodel? U sold it for 300k after u paid back the lender $165 ur profit was 100k and the lender and urself split the profit? Is that right? Comment from : @cristinagarza9813 |
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Awesome information Darius Thanks for sharing I have been thinking how to do something like this, but I am still thinking, not sure how to start Comment from : @TimeFreedomMindset-kw7fy |
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Would you recommend doing the renovations myself to save money or hiring a contractor? Comment from : @Humanoid_Ty |
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Do I have to have any type of license to purchase a run down house and flip it because I have everything in place in just trynna close the deal but I don’t know if I need a license Comment from : @mattkonoboy1456 |
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Do my contracts have to be notarized Comment from : @jamessartain59 |
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I live in the Bay Area i feel like it’s so hard here since every house is so expensive like a mill Comment from : @gilbertsuarez8025 |
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how much have you profited total from all the properties you have flipped? Comment from : @boogusman5893 |
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Good review Did the private lender finance the renovation cost as well? Comment from : @jrs997 |
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Good evening Sir, how much did you have to pay your private lender back out of your profit? Comment from : @dorianrussell6870 |
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For me it sounds too good to be true What are the downsides of this? For example when once you put it out on the market for sale you are not guaranteed to get the price you want, there’s a chance you might need to lower the price down which could lead to less profit Comment from : @bastianzuniga9218 |
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a 2bd house in massachusetts for 300k ripoff Comment from : @jmontour5933 |
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Amazing video brother, Thank you You really answered a lot of unanswered questions for me and made me more comfortable with taking that first step Comment from : @AngelGonzalez-p1f |
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Very detailed process explanation thank you! Comment from : @withny1234 |
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What if i don’t pay any taxes lol im self employed on a family owned business brDo wanna start flipping houses i have a 740 credit score Comment from : @vvs1855 |
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I already purchased 5 houses all cash buys I rented them out for a few years but now i want out of the rental game… I think fixing and flip would be lucrative but I don’t know how to obtain the property other than buying cash Comment from : @guccirobtv |
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So need a real state license and a llc? Comment from : @TexasBandit911 |
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What if you use the formula and the listing price is significantly less ? Comment from : @Lando50Cal |
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How much of your own money did you start off with? I see that you borrowed $130,000 from a private money lender, that was enough to purchase the home, hire a contractor, and renovate the home? I see you purchased the home for $80,000 and the renovations were $85,000 so im a little confused Comment from : @ant2831 |
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Does anyone know what lender he’s using ? I haven’t found a 0 money down lender Comment from : @alexisscott5782 |
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Hey @darius what’s the best way to get started and how do you get successful Comment from : @Sosatrucking |
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Hi Darius, thanks for this video We will test the waters on this one One thing I would like to ask, which was not mentioned in the video is how much was the private money lender paid? Comment from : @RicardoJrChua |
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What did you just stated?😮 Comment from : @elimelechsl3246 |
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So if a private money lender loan u 180k how much are they looking to get back ? Comment from : @ShanelChelzz |
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For these abandon homes how do u even find the owners? Comment from : @ShanelChelzz |
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You started to talk about “not having to deal with your Leander in court” could you explain all that could go wrong and maybe lay down some ground rules to help better understand how to go about dealing with a Leander and what rules you should set in place Comment from : @AlysiaWard-m4r |
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Question: how do you know what to tell the contractor to bid on if you don’t know what needs fixed? Comment from : @chriswilliams7601 |
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Do you think a 14 year old could start doing this? Comment from : @Angelsentfromgod |
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how can I flip a house with on money down Comment from : @davidstrange-jc1uq |
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bro this video is priceless! Comment from : @Abdullah-ew9zz |
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Did you go to a real estate school or did you do it alone ? Comment from : @kyapatrick3185 |
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Can you buy a home while flipping houses Comment from : @joeroland6228 |
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Could you help me understand the 075 rule better please? Thanks a lot for the great video! Comment from : @taba8218 |
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Really helpful video 👌 Comment from : @juanurena8423 |
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Wow Thank You this helped me ❤ Comment from : @ilydior |
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Thank you so much for the information Do you need to take a loan for the renovation fees? Comment from : @fortunemasamba5782 |
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on behalf of the ppl just starting Thank you for not beating around the bush and giving us concrete advice to save our butts Comment from : @Ryan719c0 |
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Thank you!! Comment from : @leslieamani8386 |
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How did you structure your pml terms? Are they pre qualifying you for 80k loan? Were you making interest only payments? Or did they just want their bottom line profit at the end? Thanks! Comment from : @galaxygolden |
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