I funded a $195,000 loan and this is part 3 in learning from Lenny the real estate expert what it takes to run a successful real estate flip for a complete beginner! Hope you enjoy!
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31 thoughts on “My first house flip as a beginner part 3”
  1. Avataaar/Circle Created with python_avatars RigginTheRod010 says:

    Good video

  2. Avataaar/Circle Created with python_avatars RigginTheRod010 says:

    Idk why it's so hard to find a simple video on people that have flipped their first property and the details in what they did….

  3. Avataaar/Circle Created with python_avatars yamahaman2009 says:

    Thanks for sharing! Very cool to see some of the details and learn from this. I'm very curious how much the flip costed you and how much profit you made. I'm saving up to buy a duplex to lower our living costs and eventually brrr many more multi family homes to create 50k a year in passive income down the road. What camera did you film with?? Thanks again for sharing!

  4. Avataaar/Circle Created with python_avatars Joseph LDIT says:

    TIP #1: Start first by fix the front yard view and landscape (ie green grass, walkway, trimmed trees, painted/new fence if applicable). Why? You want to try to sell the curb appeal first.

  5. Avataaar/Circle Created with python_avatars Diontae Daughtry says:

    Fantastic

  6. Avataaar/Circle Created with python_avatars NYbasscase says:

    can anyone point me to parts 1 and 2 of the house flipping videos? Thanks, just having trouble finding them.

  7. Avataaar/Circle Created with python_avatars Tony Davila says:

    Is this home in Arizona? Did you buy the home for that price? Don't know what the deal is about concerning costs related issues , feasibility report , break even analysis , or the profit margin. Flipping and building new homes is fun and profitable if you can eliminate as many middle men as possible for a higher profit , and as you mentioned – less hassles with sub contractors and/or workers. To do this , of course , you have to know what you are doing , and as this is a learning process for you , I do wish you good luck . Flipping or remodeling , or building a new home is certainly a full time job, but if you are content with a certain amount of profit off your investment and if you don't have to put much time into it , that's good . I have been flipping homes since 1977 and building new homes as well as remodeling. I've had losses as well as great profits . Like trading – experience is a good teacher . good luck

  8. Avataaar/Circle Created with python_avatars abhishek parole says:

    Is it cheaper to first buy a plot and the then built a house!!!!.
    Is it good for ppl living outside USA to invest in real estate there!!
    Looking for advice and suggestions!! Pls help.😁

  9. Avataaar/Circle Created with python_avatars Edgar H252 says:

    Ricky Is there a way to invest in real estate without that much money?

  10. Avataaar/Circle Created with python_avatars STAY GREEN says:

    sub contractors can make or break you … highly recommend paying for a good builder…i charge 35%

  11. Avataaar/Circle Created with python_avatars connor fischer says:

    Lol is that Westin’s dad?

  12. Avataaar/Circle Created with python_avatars Alfredo Rocha says:

    great video, keep up the good work brotha

  13. Avataaar/Circle Created with python_avatars johan palomino says:

    Any tips i will be starting in a month . But i will be doing the work myself since i have worked on construction before. Cant wait to start.

  14. Avataaar/Circle Created with python_avatars Pratick Kumar Pradhan says:

    Bro I want to meet with you. And I want to work with you

  15. Avataaar/Circle Created with python_avatars jason showalter says:

    Love these videos

  16. Avataaar/Circle Created with python_avatars MikeT says:

    Looks like Lenny is ahead of you 😉 His insta has a photo of the staged room where the fireplace is.
    Are yku goimg to share a break down of all the costs at some stage?

  17. Avataaar/Circle Created with python_avatars Eddy Bergman says:

    I love seeing this update. As someone from a construction background, you may want to discuss with your partner getting better than builder grade products for future flips. With just builder grade you are missing out on potential profits.

  18. Avataaar/Circle Created with python_avatars Claudia Aquino says:

    It is kind of exciting to see this unfold…
    Can’t wait to see the final product

  19. Avataaar/Circle Created with python_avatars Mason Stone says:

    nice rickey mason hear been watching you for a bout 5 months about to buy my flip soon trading daily and opened my ecom store today

  20. Avataaar/Circle Created with python_avatars Z Alarcon says:

    Love this content! Hoping for the best on this flip.

  21. Avataaar/Circle Created with python_avatars ax valdez says:

    Where is part 2?

  22. Avataaar/Circle Created with python_avatars Sondre Herjuaune says:

    Love this kind of videos!

  23. Avataaar/Circle Created with python_avatars Andres Bedoya says:

    where are the other parts ?

  24. Avataaar/Circle Created with python_avatars PrettyGoodShot says:

    Ricky, if you haven't already, holler at the guys over at Biggerpockets. Them dudes can get you into some serious passive income.

  25. Avataaar/Circle Created with python_avatars Manny says:

    Nice

  26. Avataaar/Circle Created with python_avatars Will Ross says:

    Ricky, I work at Sherwin William's! Let me know if you have any paint questions.

  27. Avataaar/Circle Created with python_avatars Adam Hughes says:

    I really enjoy the real estate videos! My favorite part about your channel for sure!

  28. Avataaar/Circle Created with python_avatars Tony77 says:

    What ever happened with the tree issues from the Hoa?

  29. Avataaar/Circle Created with python_avatars snipejs says:

    What is that music

  30. Avataaar/Circle Created with python_avatars e d says:

    hey Ricky i have a question for you,all of this originated from trading?

  31. Avataaar/Circle Created with python_avatars Sebastian Fursov says:

    Ricky!! Part of learn plan profit! Binge-watching the course, really helpful!! 👍

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