Watch Next: House Flipping for Beginners Playlist: kzfaq.info/sun/PLth4sDjOXnLXR2wUFLQkwd67Wuxx9lKRG
@winstonbodkin40752 жыл бұрын
Are you still flipping in the Bay area?
@kirstenimpulsia Жыл бұрын
How can we connect to please help be a mentor..
@Straight-Outta-Roanoke-AL7 ай бұрын
I really enjoy listening to your pod casts while I'm at work! I'm still working a day job but I'm on my 4th property.
@MrGabrielramosone2 жыл бұрын
Thank you for being so generous in your sharing. I renovate homes for an homeowners preparing for sale aswell as corporation that flips homes. Needless to say Ive been looking forward to working our own flips. Would you mind doing a video going into how you manage your communications with realtors. Do you use a CRM? How often do you reach out? What are some points you make sure to communicate? What ever you feel comfortable sharing would be much appreciated.🙏🏽
@lyhuong7204 жыл бұрын
Really great video series, congratulations on leaving the corporate world to do something you love while making good money! I’d like to see a more in details on finding a good contractor. There are many out there!
@TransformRealEstate4 жыл бұрын
Ly Nguyen thanks! That’s a great topic, and I’ll work on it 😊
@user-jo7lo8fr4t3 жыл бұрын
Hi Elisa, It seems that flipping houses business is similar in most countries. You’re so inspiring.
@frazahm Жыл бұрын
She is fantastic. Very open with her experiences.
@hansihettiarachchi76482 жыл бұрын
Love the authenticity. Thanks for sharing your experience.
@yalvi2 жыл бұрын
Thank you for sharing your knowledge and experience especially regarding working with contractors. It truly helps me so much when thinking about how to start the next project on my home!
@thisblondefromla4 жыл бұрын
You’re so inspiring!!!
@TransformRealEstate4 жыл бұрын
Aww, thank you so much! I love what I do and it feels amazing to educate and empower others to become their own bosses too 😊
@laurenkanemoto62604 жыл бұрын
Thank you for sharing your experience and I’m sorry about your first experience with that contractor. Lessons learned for sure. You’re an inspiration and I love how sweet you explain things. You’re my favorite flipper!! 🤩
@TransformRealEstate4 жыл бұрын
You are so kind and sweet, Lauren! Hope my experience can help others recognize the shady contractors more easily. Let me know what else you’d like to see on my channel 🙏
@SureshKumar-tz3ct3 жыл бұрын
This s sooo helpful , as a newbie your tips really spot on . 🙏🏻🙏🏻🙏🏻
@mitzilacebal15744 жыл бұрын
Did you apply for a business permit before flipping? When you applied for a loan was it as a business or personal? Thank you.
@charlottez98904 ай бұрын
Thank you for sharing❤
@iamkarmenvolmink Жыл бұрын
As an architect il say have a detailed scope of works, deliverables and a proper contract of works for the contractor.
@vivi510883 жыл бұрын
Thank you for sharing your valuable experience! Such great tips 🤗
@Maa-wx9rf Жыл бұрын
Great job. Thanks for sharing
@TheCinnamondemon Жыл бұрын
1) Did you use a GC or hire individual subcontractors 2) How did you estimate rehab costs? 3) What did you say on the phone to agents to get you leads?
@MinhHoang-gu7mv10 ай бұрын
Great video and content, thanks a lot!
@007gurubengalooru3 жыл бұрын
Your presentation is really good, sincere and honest & very clear and helpful. Thank you very much for sharing your experience 👍👏👍
@Isleskye Жыл бұрын
Excellent! Thank you!
@KykykyTPTP3 жыл бұрын
Very helpful!!! It must have been so scary as it is a very big purchase without a guarantee that it will succeed. How did you cope with those risks?
@emiliomejia53313 жыл бұрын
I commend you for embarking on this project.... takes guts & grit
@TransformRealEstate3 жыл бұрын
Thank you! Yeah, it was scary in the beginning, but I'm glad I stuck it out.
@BHights0034 жыл бұрын
Do you have any videos on the process of finding a hard money lender? Also, what kind of documents and information do they need?
@ozzvilla92263 жыл бұрын
Speak to a community lender. They lend to the hard money guys and will be able to get you in touch.
@hearMyBrazil3 жыл бұрын
For older homes, how often do flippers renovate the plumbing and electrical? Sometimes my concern in doing this type of business is leaving a homeowner with a less than product because the fixes are cosmetic.
@livelovelife323 жыл бұрын
Well they would have to agree to bring it up to code in order for their remodel to be approved.
@hearMyBrazil2 жыл бұрын
@@livelovelife32 depending on the work being done... if it is cosmetic, you do not need a permit/aka to bring things up to code
@crazycat05273 жыл бұрын
Omg, this is so helpful! Thank you so much for sharing this with us.
@georgerodriguez57132 жыл бұрын
Hi Elisa, Can you make a video on cold calling agents? I'm struggling with knowing what to say to them. Thank you!
@sarahkw74862 жыл бұрын
I like your videos very much. I am a SAHM. But always dream about being a house flipper. Wish we could talk and connect so i could learn more from you 🙂
@nicoletay39733 жыл бұрын
This video was so informative and well articulated! Congrats on your business 💛
@lindap.p.13373 жыл бұрын
Great video, thank you!
@aaattt15473 жыл бұрын
Just started watching, really like your videos!
@gabbardada3 жыл бұрын
Thank you for the fantastic content. I just have a few questions - newbie here, so appreciate any feedback. (1) Why did you not change the contractor if the timeline changed from 2 months to 8 months? I am assuming the price was based on a list of work items. The contractor was only getting paid after the work was done. (2) How did the contractor come to the conclusion that the addition or the bathroom was not permitted? (3) What does the contractor gain from wasting time? He is getting paid the same regardless, correct? (4) Can you not save on the commission by being your own agent?
@anchaleenesser83112 жыл бұрын
I am active license real estate agent in Tampa FL. I am looking to get into flipping houses but don't' know how to start
@TransformRealEstate2 жыл бұрын
Check out my new book, Flipping Houses QuickStart Guide amazon.com/dp/1636100309/?tag=flip-houses-20. It's a comprehensive guide for beginners.
@robertoserrano55064 жыл бұрын
Thanks for sharing, very interesting, Im learning watching your videos
@TransformRealEstate4 жыл бұрын
Roberto Serrano thank you for tuning in! Let me know what else you’d like to see on this channel 😊
2 жыл бұрын
Love your videos. The audio was a little low on this one, had a hard time hearing what you were saying. xx
@wentinz3 жыл бұрын
Hi Elisa, I have a question: do you have any tips about finding good contractor on Yelp? Should I contract out to one contractor or find separate contractors to do each job?
@controlledburns Жыл бұрын
Thank you!!
@aisbcandd3 жыл бұрын
Hi, I was wondering if you can share your video regarding finding an off market properties? You mentioned it in one of your videos but it says it's private.
@maggie22443 жыл бұрын
Should one disclose the budget to the contractor ? Thanks for the videos they’re great!
@victorcruz13454 жыл бұрын
Awesome content, thank you so much!!!
@TransformRealEstate4 жыл бұрын
Thank you Victor. Glad you liked it. Let me know what else you'd like to see on my channel and how I can help.
@suziz80564 жыл бұрын
Hi Elisa. Thanks for sharing this video! I have been to one of your seminars with Raul in San Mateo. I love how you explain things and how you have been sharing your journey with us. I was curious if you shared any of your profits with your mentor on your first deal? My goal is to follow in your footsteps. Thanks again. Susan
@TransformRealEstate4 жыл бұрын
Thanks Susan for following along my journey! Yes, I did share the profit with my mentor. That’s a good way for beginners to bring in a mentor to help with the first flip. Let me know what you’d like to see on my channel next ☺️
@natusfreedom4722 жыл бұрын
Itemize your scope of work and get it in writing , thank god u didn’t lose money
@albundy39292 жыл бұрын
Great video! Do you have a detailed scope of work for us to learn from and so we don't get taken advantage of by sneaky contractors? thanks so much!
@monicadhenderson86703 жыл бұрын
Thank you so very much for your video! How can I become an apprentice to a house flipper so I can learn from them in my area? I live in Pottstown Pennsylvania
@brendachen84274 жыл бұрын
Awesome video!!!
@TransformRealEstate4 жыл бұрын
🙏☺
@euna73223 жыл бұрын
Thanks for the great video! It is very informative. I am thinking of starting my first flipping of old house as an investor soon and your video is very helpful. By the way, can I ask how you found your mentor? (I apologize if you already mentioned and I missed)
@TransformRealEstate9 ай бұрын
Yes! Thanks for your interest. I actually just launched my coaching program, Transform Flipper Academy, to teach you to flip houses the right way. If you're still interested, apply here: transformflipperacademy.com
@CJ-nt9mb3 жыл бұрын
This was very helpful! How did you find a mentor?
@angeliu68404 жыл бұрын
Sounded a lot like my first flip except I got jipped by 3 contractors that stole my money. I thought holding onto it and doing the job right would cost me the same as letting it go at a loss... so I let it go and lost a lot. :(
@TransformRealEstate4 жыл бұрын
Awww, I'm so sorry to hear that! I think this is a disadvantage for women in this business, especially if the contractor find out that we are new. Sometimes getting out of a bad deal is better than holding onto it and burn more money and energy. Are you still doing flips? I hope you are able to use the lessons from your first flip to grow in the business. ❤
@angeliu68404 жыл бұрын
@@TransformRealEstate no not anymore, maybe later when i have more money. Don't want to go into legitimate debt if something happens haha
@frederickleonidas29723 жыл бұрын
What should be my very first step to start flipping business? Do I need business license before I apply for a hard money loan?
@RedScreenNinjasSlotMachine4 жыл бұрын
and would like to learn more about hard money loan and the how the interest and payback on that works. more in depth be great
@TransformRealEstate4 жыл бұрын
Ok, I’ll try to add that to a future episode 😊
@ServingalivingGod24-73 жыл бұрын
You have done a great job explaining everything. I need a mentor, are you available?
@TransformRealEstate9 ай бұрын
Yes! Thanks for your interest. I actually just launched my coaching program, Transform Flipper Academy, to teach you to flip houses the right way. If you're still interested, apply here: transformflipperacademy.com
@はII3 жыл бұрын
Hey beautiful, can I pls know what software you use for bookkeeping / expenses ? Thanks 😊
@kingarthur8192 жыл бұрын
I have a house I an interested in flipping. It’s listed at 1.05M. There is one comp same neighborhood, square Ft, beds/bath size of yard that sold for 1.55M. All other comps at 1.1M. Is this a good deal? I am hesitant due to only one comp at 1.55M.
@maxart3823 жыл бұрын
What is your opinion about commercial properties?
@HellYeaShit2 жыл бұрын
Great video!! Thank you for sharing
@drtinacheemd84013 жыл бұрын
Thanks so much for sharing your experience! Abt to get started w our first home/residence - how did you find your mentor and do you think its necessary to have one who is local?
@TransformRealEstate9 ай бұрын
Yes! Thanks for your interest. I actually just launched my coaching program, Transform Flipper Academy, to teach you to flip houses the right way. If you're still interested, apply here: transformflipperacademy.com
@divagoddess20243 ай бұрын
would be great if i could get you as a mentor :)
@connygaitan95934 жыл бұрын
Elisa this was a great video, I am new in the business and I want to de great can you help me knowing about budgets??
@TransformRealEstate4 жыл бұрын
Hi Conny, thank you! I'm working on a new video where I will share my rehab budget sheet. Make sure you tune in later this week!
@deltaforce70262 жыл бұрын
Do you first look for the flip then get the loan or reverse?
@shaneamcnally2 жыл бұрын
what color is the paint on the walls in this house? beautiful.
@TransformRealEstate2 жыл бұрын
Ellie Gray by Sherwin Williams
@shaneamcnally2 жыл бұрын
@@TransformRealEstate thank you!
@shaneamcnally2 жыл бұрын
@@TransformRealEstate any contact for a reliable contractor in San Jose that you wouldn’t mind sharing.
@MyParrotlets3 жыл бұрын
Hi, you haven't mission one thing most important to get a home inspection before doing all this.
@sarahs49224 жыл бұрын
So did you profit from your first flip? If not what made you want to keep going with other flips?
@fredsalfa2 жыл бұрын
That sounded a little scary for your first flip. Had you done any renovations or anything before?
@TransformRealEstate2 жыл бұрын
Hi! I renovated my first home and a rental property before, both condos
@isadorablecan_too94324 жыл бұрын
Hi! That’s awesome 👏🏻 thank you for this video! My question is: how can I find a mentor? I moved to the us (San Diego) recently and I don’t have a lot of contacts. I doubt someone would be willing to help a newbie :(
@TransformRealEstate4 жыл бұрын
isadorable can_too thanks! When you go to real estate meetings, go up to experienced investors and introduce yourself. If you have funds available, you can also offer to lend money on their deals in exchange for mentorship. Or if you find a deal, offer them profit sharing in exchange for mentorship (this is what I did). You might be surprised, a lot of investors are willing to help newbies 😊
@isadorablecan_too94324 жыл бұрын
Transform Real Estate thank you honey
@tchoephel883 жыл бұрын
Hi , did you buy mentorship or course for flipping house before you get started?
@TransformRealEstate9 ай бұрын
Yes! Thanks for your interest. I actually just launched my coaching program, Transform Flipper Academy, to teach you to flip houses the right way. If you're still interested, apply here: transformflipperacademy.com
@MC-ph7gr2 жыл бұрын
Volume is very low
@Marie457.3 жыл бұрын
Where do you find a mentor?
@TransformRealEstate3 жыл бұрын
This video explains it: kzfaq.info/get/bejne/gqxyZdmXt8-rloU.html
@terrellnash46482 жыл бұрын
How did you find your mentor?
@TransformRealEstate9 ай бұрын
Thanks for your interest. I actually just launched my coaching program, Transform Flipper Academy, to teach you to flip houses the right way. If you're still interested, apply here: transformflipperacademy.com
@whatever59223 жыл бұрын
Hi! How did you find a mentor?
@TransformRealEstate3 жыл бұрын
I made this video to show you how to find a mentor: kzfaq.info/get/bejne/gqxyZdmXt8-rloU.html
@victoriarashad57073 жыл бұрын
Lol! I don't have wealthy friends
@magic1keys4 жыл бұрын
What market are you in?
@TransformRealEstate4 жыл бұрын
Hi, I’m in the San Francisco Bay Area. How about you?
@magic1keys4 жыл бұрын
Transform Real Estate same here! I’m in the East Bay , I’d love to set up a meeting with you if that’s ok with you.
@TransformRealEstate4 жыл бұрын
magic1keys sure! Let’s touch base when SIP is over.
@magic1keys4 жыл бұрын
Transform Real Estate most definitely Elisa!! I’ll keep in touch with you
@franksuhuang62 жыл бұрын
👍👍🌹🌹
@tylerscholes79403 жыл бұрын
This video in particular, has very low audio. Even at full blast I cant hear her talk.
@chancenebeker44813 жыл бұрын
the contrator is just a middle man in most cases you could save more money just hireing subs
@drkavyashekar3 жыл бұрын
House flipping step 1 : get a mentor
@TransformRealEstate9 ай бұрын
Yes! Thanks for your interest. I actually just launched my coaching program, Transform Flipper Academy, to teach you to flip houses the right way. If you're still interested, apply here: transformflipperacademy.com
@hal82383 жыл бұрын
I CANT HEAR YOU........could you speak loudly?
@terrellnash46482 жыл бұрын
Hello, @transformrealestate I like your videos. Thank you for sharing your experiences. What did you initially say to the first contractor you found to get them to do a walk thru with you in the house? How do find good contractors now?