I bouhgt this house from a YouTube viewer a couple of months ago! They comment on one of my other videos and then we came to an agreement and I was able to purchase it as-is. The home needed some work but we have been making progress on it. We are using a contractor that we have used in the past but took a short break from. His prices were getting a little high and he was getting a little slower getting the work done,. but both of those issues improved on this job.
We paid $195,000 for the house and it needs about $35,000 in work. We will be trying to sell for aournd $290,000 and will have another $25,000 in other costs for selling, carrying, and financing.
The home was very dirty and had a lot of stuff in it, but it was not in terrible shape. It is also one of the bigger houses in the area, which makes it a little tough to value. We flipped the house next door a few year ago and It was less than half the size of this house.
You can see the before video of the house here: https://www.youtube.com/watch?v=eNLepoHI41o&t=481s
Here is the house next door when we flipped it: https://www.youtube.com/watch?v=qMQR0v9cako
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Mark Ferguson’s purpose is to help as many people as he can become financially free through real estate.
Mark has been a real estate investor and real estate agent since 2001, after graduating from the University of Colorado. Mark has flipped close to 200 houses and routinely flips 15 to 25 houses a year. Mark owns 170,000 square feet of rentals and is the managing broker and owner of Blue Steel Real Estate. Mark has also written 9 books that you can find on Amazon https://amzn.to/2VGI6a9
Mark started InvestFourMore in March of 2013 to discuss his rental property investing techniques. Mark expanded InvestFourMore to talk about his flipping business and real estate agent business. InvestFourMore now has 300,000 views a month and is one of the top real estate blogs.
House Flip Before and After Playlist: https://www.youtube.com/playlist?list=PLoQKPI7WPeHiFSiYYgYuorUP_STuYa0Vw
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