Flipping Your First Deal | Ep. 1 Analyzing the Deal 

My first house, the lady that brought me the keys said 'so are you going to demolish it?'. I've doubled my money. 😊 First flip. I'm a 26 year old single female. Rebuild roof, subfloors, porches, plumbing, flooring, removed walls, new everything. The people who say its to big of a project or to just bulldoze it, they don't have the heart for it. Let them talk. You go ahead and do everything they said you couldn't. I had so many people tell me I couldn't or shouldn't do it.

I like extreme examples like this because it shows you more about what's possible. REALLY looking forward to the rest of the series.

This is a nightmare project.

This is really interesting, but definitely a bit much for a first-time deal. I'm not saying it's impossible or can't be done, but if you're brand new it might be too advanced.

Already LOVE this series! Cant wait for more Ep's!!

You certainly have your work cut out for you here. I'm excited to see the outcome of this.

This will be a great great series I can’t want for the second

Now this series is something I can get into. Beautifully done. Not shotty with a lack of structure and audio like literally everything Dave Meyer has ever done

Yeah this definitely isn’t a house for beginners like me

This looks like it could be a really good series. Thanks.

Chris this is fantastic. Looking forward to Ep. 2

I like this guy's videos a lot. More of him please!

awesome video!! Hope the series continues!

Can’t wait till the next episode!

Looking forward to following it.

Hope it's a quality rehab, good luck!

I can’t wait for episode 2 ☺️👍

I look forward to Episode 2!!

Awesome idea for the series. Really enjoy the shorter videos with great content!

BROOOO Im scared as hell for you with this house... But I'll keep watching lol

Exciting!!!

This is not "analyzing" a deal. It was a quick walk through with no breakdown of cost estimating. Also, I cannot see paying 135k for that house in it's current condition in Texas which has a relatively low cost of living.

Wow. I've done a few fixers now, some are bigger projects than others, but that one is falling apart! literally

I love the concept, but wouldn't it be better to use a better house as your case study/example? Not many people would choose a home needing that amount of work as their first flip, nor should they. Why not use a more realistic house for a first time flip?

You guys did an amazing job

Have to know 3 main numbers ARV and repair value those 2 numbers will determine the third and most important number..... the buy price. All the money is in the buy.

I live in San Antonio, any advice for this market?

Music takes away from the video. Too loud

This house is SOOOOOO DOPE!

Is there a video you guys have that just breaks down how to structure a deal? Like a template to use when pitching to investors?

just tear it down and build a new house over it..lol

What's the thing at 1:56 called?

Where does the analysis come in ?

I wouldn't have spent more than 13,500 on that project lol!

Where do you get the money to cover the rehab

Do you buy from wholesalers???

This project a different breed.

Where is ur hazmat suit???

Are certain houses historic or is it more of whole neighborhoods that are historic? Is there a way to search if a property is in a historic district?

What did it sell for in the end? What was the profit margin?

Add some proposal graphics and lower the background music volume, difficulty in concentrating...

This is for an advanced home flipper. Once you start fuckin with the foundation, it’s better to leave that to a more experienced team

Do more vids like this

under 3 months. dayum.

Must be free labor in Texas. Because you are absolutely insane if think you are going to fix a home of that size with that much distress for only $100k

Shower in a closet ?? How does that work ?? Asking for a friend

Chill with the techno music

Gotta throw the whole damn house away.

sometimes its best to just walk away. LOL omg. the whole house is slanted... like a fun house eh? your foundation is done

Looks like a super stress headache with a lot of sleepless nights.

Damn $135K…they couldn’t get the price down??? Maybe because of historic neighborhood.

Good luck with this project, this is my neighborhood.

135k guy u can by a livable home for 20k but head

That house looks like a 'knocker downer' not a 'fixer upper'

What about the Texas climate change in the next decades though? Some predictions estimate Texas to have less water and more heat? Cincinnati has been getting more green December grass and less snow days in last 30 years.

I doubt he paid 135 k for that house! He really probably paid 20 k is extremely damaged and in San Antonio 135 k for 1800 is over priced 😊

I'm getting into flipping. This house is a disaster, you even mention foundation IM OUT ✌️ unless they sold it for 10 thousand

$100K for rehab really? That must be a your starting price!

Hello I am new to this whole real estate I have no experience at all. I don't know where or how to start. I just need some one to help and show me how to do this. I work part time, where do I get the money from to get start. I need help I live in illinois. If there's anybody out their that is willing to help or mentor me I do appreciate it so much. Thank you all and have a bless day

Was this a bank repo? Looks like you picked it up for 5 bucks

I bet he lost his ass on this deal.

Something tells me this ain’t his first rodeo!! He must be rich already to throw out those big numbers... and all in three months!

Man I wish I had a dime for every house-flipping wannabee scam artist on RU-vid trying to profit by going after the fatal combination of stupidity and greed.

Definitely not a deal for a beginner, you really need to know your shit before you jump into such massive project.

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Dude you lost me at "shiplap is a type of sheetrock" seriously? How do you make money?

Think I would have burned it...

Wow. Wear do you start to swing the hammer lol...a project....hope it cost 10000 .

Wow....135k for a house in that condition?? And you're actually willing to pay that? That's not good investor efficiency.... Lol

That for 135k, my boi you got scammed

hes high off of pot too smh

I seen worst then that

Waaaay too much required for this flip. Should've passed on this one.

i wouldnt have paid more than 35K for that home. historic area or not.. you got stiffed

The background music is sooo unnecessary and distracting :(

Waist of time and money. Nothing left of the character... Just burn it

Math don't add up guess you going in the bankruptcy Chapter 7 no assets

Love watching this flip videos and 🙈all I am noticing is your beautiful eyes🙈🙈😂😂🥰🥰

Pos

Learn to do most explanation with least talk

A waist of time and money!!

Why would you buy this dump lol

hes lieing to u guys