HOW TO FLIP HOUSES WHILE WORKING FULL TIME (From a 7-Figure House Flipper)

HOW TO FLIP HOUSES WHILE WORKING FULL TIME - House Flipping Guide for Beginners
In this video, I show you my experience flip houses while working full time. You'll see the detailed process of how I found my first house, funded the flip, found a contractor to do the work, flipped the house, and finally sold the flip while working full time. I explain the entire house flipping process and the challenges I had flipping houses part time. Even though it was my first time flipping houses while working full time and I ran into many issues, I was still able to make $80k in profit and I also learned many great lessons from this first flip. This is the ultimate beginner's guide to house flipping and it will teach you 5 takeaways from my experience flipping houses while working full time and also show you the before and after photos from my first flip. If you are trying to flip houses while working full time and want to learn how to flip houses while working full time and make money, this video is a must watch as it's the house flipping guide for beginners. #houseflipping #realestatecoach #realestatetraining
Watch next: How to get started in Real Estate - the Ultimate Beginner's Guide to Investing in Real Estate
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RESOURCES & LINKS MENTIONED IN THE VIDEO
Preferred Hard Money Lenders in SF Bay Area:
- Conventus: www.cvlending.com/
- Lending Home: www.lendinghome.com/
- Iron Bridge: ironbridgelending.com/
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Пікірлер: 117

  • @TransformRealEstate
    @TransformRealEstate4 жыл бұрын

    Watch Next: House Flipping for Beginners Playlist: kzread.info/head/PLth4sDjOXnLXR2wUFLQkwd67Wuxx9lKRG

  • @winstonbodkin4075

    @winstonbodkin4075

    2 жыл бұрын

    Are you still flipping in the Bay area?

  • @kirstenimpulsia

    @kirstenimpulsia

    Жыл бұрын

    How can we connect to please help be a mentor..

  • @Straight-Outta-Roanoke-AL
    @Straight-Outta-Roanoke-AL6 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.

  • @crazycat0527
    @crazycat05273 жыл бұрын

    Omg, this is so helpful! Thank you so much for sharing this with us.

  • @vivi51088
    @vivi510883 жыл бұрын

    Thank you for sharing your valuable experience! Such great tips 🤗

  • @nicoletay3973
    @nicoletay39733 жыл бұрын

    This video was so informative and well articulated! Congrats on your business 💛

  • @hansihettiarachchi7648
    @hansihettiarachchi76482 жыл бұрын

    Love the authenticity. Thanks for sharing your experience.

  • @007gurubengalooru
    @007gurubengalooru3 жыл бұрын

    Your presentation is really good, sincere and honest & very clear and helpful. Thank you very much for sharing your experience 👍👏👍

  • @SureshKumar-tz3ct
    @SureshKumar-tz3ct3 жыл бұрын

    This s sooo helpful , as a newbie your tips really spot on . 🙏🏻🙏🏻🙏🏻

  • @yalvi
    @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!

  • @aaattt1547
    @aaattt15473 жыл бұрын

    Just started watching, really like your videos!

  • @user-jo7lo8fr4t
    @user-jo7lo8fr4t3 жыл бұрын

    Hi Elisa, It seems that flipping houses business is similar in most countries. You’re so inspiring.

  • @Maa-wx9rf
    @Maa-wx9rf Жыл бұрын

    Great job. Thanks for sharing

  • @laurenkanemoto6260
    @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!! 🤩

  • @TransformRealEstate

    @TransformRealEstate

    4 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 🙏

  • @frazahm
    @frazahm Жыл бұрын

    She is fantastic. Very open with her experiences.

  • @lindap.p.1337
    @lindap.p.13373 жыл бұрын

    Great video, thank you!

  • @Isleskye
    @Isleskye Жыл бұрын

    Excellent! Thank you!

  • @MrGabrielramosone
    @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.🙏🏽

  • @MinhHoang-gu7mv
    @MinhHoang-gu7mv9 ай бұрын

    Great video and content, thanks a lot!

  • @lyhuong720
    @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!

  • @TransformRealEstate

    @TransformRealEstate

    4 жыл бұрын

    Ly Nguyen thanks! That’s a great topic, and I’ll work on it 😊

  • @robertoserrano5506
    @robertoserrano55064 жыл бұрын

    Thanks for sharing, very interesting, Im learning watching your videos

  • @TransformRealEstate

    @TransformRealEstate

    4 жыл бұрын

    Roberto Serrano thank you for tuning in! Let me know what else you’d like to see on this channel 😊

  • @victorcruz1345
    @victorcruz13454 жыл бұрын

    Awesome content, thank you so much!!!

  • @TransformRealEstate

    @TransformRealEstate

    4 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.

  • @thisblondefromla
    @thisblondefromla4 жыл бұрын

    You’re so inspiring!!!

  • @TransformRealEstate

    @TransformRealEstate

    4 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 😊

  • @emiliomejia5331
    @emiliomejia53313 жыл бұрын

    I commend you for embarking on this project.... takes guts & grit

  • @TransformRealEstate

    @TransformRealEstate

    3 жыл бұрын

    Thank you! Yeah, it was scary in the beginning, but I'm glad I stuck it out.

  • @KykykyTPTP
    @KykykyTPTP2 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?

  • @albundy3929
    @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!

  • @controlledburns
    @controlledburns Жыл бұрын

    Thank you!!

  • @mitzilacebal1574
    @mitzilacebal15743 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.

  • @brendachen8427
    @brendachen84273 жыл бұрын

    Awesome video!!!

  • @TransformRealEstate

    @TransformRealEstate

    3 жыл бұрын

    🙏☺

  • @georgerodriguez5713
    @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!

  • @suziz8056
    @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

  • @TransformRealEstate

    @TransformRealEstate

    4 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 ☺️

  • @aisbcandd
    @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.

  • @monicadhenderson8670
    @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

  • @gabbardada
    @gabbardada2 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?

  • @CJ-nt9mb
    @CJ-nt9mb3 жыл бұрын

    This was very helpful! How did you find a mentor?

  • @wentinz
    @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?

  • @TheCinnamondemon
    @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?

  • @iamkarmenvolmink
    @iamkarmenvolmink Жыл бұрын

    As an architect il say have a detailed scope of works, deliverables and a proper contract of works for the contractor.

  • @charlottez9890
    @charlottez98903 ай бұрын

    Thank you for sharing❤

  • @HellYeaShit
    @HellYeaShit2 жыл бұрын

    Great video!! Thank you for sharing

  • @euna7322
    @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)

  • @TransformRealEstate

    @TransformRealEstate

    8 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

  • @maggie2244
    @maggie22442 жыл бұрын

    Should one disclose the budget to the contractor ? Thanks for the videos they’re great!

  • @sarahkw7486
    @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 🙂

  • @BHights003
    @BHights0033 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?

  • @ozzvilla9226

    @ozzvilla9226

    3 жыл бұрын

    Speak to a community lender. They lend to the hard money guys and will be able to get you in touch.

  • @rRealSigmaChad
    @rRealSigmaChad3 жыл бұрын

    Hey beautiful, can I pls know what software you use for bookkeeping / expenses ? Thanks 😊

  • @drtinacheemd8401
    @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?

  • @TransformRealEstate

    @TransformRealEstate

    8 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

  • @frederickleonidas2972
    @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?

  • 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

  • @hearMyBrazil
    @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.

  • @livelovelife32

    @livelovelife32

    3 жыл бұрын

    Well they would have to agree to bring it up to code in order for their remodel to be approved.

  • @hearMyBrazil

    @hearMyBrazil

    2 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

  • @RedScreenNinjasSlotMachine
    @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

  • @TransformRealEstate

    @TransformRealEstate

    4 жыл бұрын

    Ok, I’ll try to add that to a future episode 😊

  • @ServingalivingGod24-7
    @ServingalivingGod24-73 жыл бұрын

    You have done a great job explaining everything. I need a mentor, are you available?

  • @TransformRealEstate

    @TransformRealEstate

    8 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

  • @maxart382
    @maxart3823 жыл бұрын

    What is your opinion about commercial properties?

  • @connygaitan9593
    @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??

  • @TransformRealEstate

    @TransformRealEstate

    4 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!

  • @sarahs4922
    @sarahs49223 жыл бұрын

    So did you profit from your first flip? If not what made you want to keep going with other flips?

  • @isadorablecan_too9432
    @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 :(

  • @TransformRealEstate

    @TransformRealEstate

    4 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_too9432

    @isadorablecan_too9432

    4 жыл бұрын

    Transform Real Estate thank you honey

  • @anchaleenesser8311
    @anchaleenesser8311 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

  • @TransformRealEstate

    @TransformRealEstate

    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.

  • @kingarthur819
    @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.

  • @deltaforce7026
    @deltaforce70262 жыл бұрын

    Do you first look for the flip then get the loan or reverse?

  • @natusfreedom472
    @natusfreedom4722 жыл бұрын

    Itemize your scope of work and get it in writing , thank god u didn’t lose money

  • @terrellnash4648
    @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?

  • @MyParrotlets
    @MyParrotlets3 жыл бұрын

    Hi, you haven't mission one thing most important to get a home inspection before doing all this.

  • @tchoephel88
    @tchoephel883 жыл бұрын

    Hi , did you buy mentorship or course for flipping house before you get started?

  • @TransformRealEstate

    @TransformRealEstate

    8 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

  • @angeliu6840
    @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. :(

  • @TransformRealEstate

    @TransformRealEstate

    4 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. ❤

  • @angeliu6840

    @angeliu6840

    4 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

  • @Be_Infinite_Services
    @Be_Infinite_Services2 ай бұрын

    would be great if i could get you as a mentor :)

  • @shaneamcnally
    @shaneamcnally2 жыл бұрын

    what color is the paint on the walls in this house? beautiful.

  • @TransformRealEstate

    @TransformRealEstate

    2 жыл бұрын

    Ellie Gray by Sherwin Williams

  • @shaneamcnally

    @shaneamcnally

    2 жыл бұрын

    @@TransformRealEstate thank you!

  • @shaneamcnally

    @shaneamcnally

    2 жыл бұрын

    @@TransformRealEstate any contact for a reliable contractor in San Jose that you wouldn’t mind sharing.

  • @franksuhuang6
    @franksuhuang62 жыл бұрын

    👍👍🌹🌹

  • @fredsalfa
    @fredsalfa2 жыл бұрын

    That sounded a little scary for your first flip. Had you done any renovations or anything before?

  • @TransformRealEstate

    @TransformRealEstate

    2 жыл бұрын

    Hi! I renovated my first home and a rental property before, both condos

  • @Marie457.
    @Marie457.3 жыл бұрын

    Where do you find a mentor?

  • @TransformRealEstate

    @TransformRealEstate

    3 жыл бұрын

    This video explains it: kzread.info/dash/bejne/fnp2lNifgsytlrQ.html

  • @whatever5922
    @whatever59223 жыл бұрын

    Hi! How did you find a mentor?

  • @TransformRealEstate

    @TransformRealEstate

    3 жыл бұрын

    I made this video to show you how to find a mentor: kzread.info/dash/bejne/fnp2lNifgsytlrQ.html

  • @MC-ph7gr
    @MC-ph7gr2 жыл бұрын

    Volume is very low

  • @terrellnash4648
    @terrellnash46482 жыл бұрын

    How did you find your mentor?

  • @TransformRealEstate

    @TransformRealEstate

    8 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

  • @victoriarashad5707
    @victoriarashad57073 жыл бұрын

    Lol! I don't have wealthy friends

  • @tylerscholes7940
    @tylerscholes79403 жыл бұрын

    This video in particular, has very low audio. Even at full blast I cant hear her talk.

  • @magic1keys
    @magic1keys4 жыл бұрын

    What market are you in?

  • @TransformRealEstate

    @TransformRealEstate

    4 жыл бұрын

    Hi, I’m in the San Francisco Bay Area. How about you?

  • @magic1keys

    @magic1keys

    4 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.

  • @TransformRealEstate

    @TransformRealEstate

    4 жыл бұрын

    magic1keys sure! Let’s touch base when SIP is over.

  • @magic1keys

    @magic1keys

    4 жыл бұрын

    Transform Real Estate most definitely Elisa!! I’ll keep in touch with you

  • @chancenebeker4481
    @chancenebeker44813 жыл бұрын

    the contrator is just a middle man in most cases you could save more money just hireing subs

  • @drkavyashekar
    @drkavyashekar3 жыл бұрын

    House flipping step 1 : get a mentor

  • @TransformRealEstate

    @TransformRealEstate

    8 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

  • @hal8238
    @hal82382 жыл бұрын

    I CANT HEAR YOU........could you speak loudly?

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