Ever wondered what it’s like to take on a full gut renovation? In this video, I walk you through a complete house flip, sharing exactly how we found the deal, how much it cost, how much we borrowed, and the lessons learned along the way. This project had plenty of surprises, and I’m sharing them all to help you avoid the same mistakes in your flips!
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Timestamps:
• 00:00 - Introduction: Overview of the property and what to expect.
• 00:29 - How I Found the Deal: Partnering with a friend and how the deal came about.
• 01:23 - Exterior Renovation Tour: Walking through the new improvements like the roof, concrete walkway, windows, and more.
• 02:54 - Back Exterior Improvements: Heat pump installation, new windows, and junk cleanup.
• 04:08 - Interior Living Room & Office Area Tour: Detailed changes, new paint, trim, and fixtures.
• 05:23 - Kitchen Renovation: New countertops, cabinets, appliances, and more.
• 06:06 - New Half Bathroom Addition: Creating a new space from an empty room.
• 06:47 - Utility Room & Stairs Renovation: Moving utilities, new stairs, and unexpected costs.
• 07:27 - Upstairs Bathroom and Bedrooms: Complete transformation of the bathroom and rooms.
• 09:18 - Financial Breakdown: How much we spent, borrowed, and made on the project.
• 10:48 - Final Sales & Costs: Selling price, cost breakdown, and loan details.
• 12:35 - Total Project Costs: A look at the overall expenses for the renovation.
• 13:05 - Lessons Learned: What went wrong, key takeaways, and plans moving forward.
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