$60K Profit! House Flip Case Study & Walkthrough

Want to see a house flip case study and walk through a NASTY home? We’re talking about trash all over the floor, in the sinks, and even inside the walls. That’s not all, this home also has a sizable mold problem!

You know the old saying, “one man's trash is another man's treasure.” This holds true for many flippers, especially our good friend, Tarl Yarber. Tarl has a veteran’s experience dealing with real estate flipping and knows when (and when not) to take a chance on a house.

One of the most important lessons Tarl drops throughout this video is accurately estimating rehab costs especially when you have no idea what much of a house looks like (due to it being half-buried in garbage). If you’re asking how that’s even possible, be sure to stick around, as Tarl gives great pro tips on not only saving your team’s time when analyzing deals but your contractor’s time when getting bids on a rehab job.

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How to Analyze a Fix and Flip Property (Comps, Math, and More!)
   • How to Analyze a Fix and Flip Propert...  
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Grab The Book on Estimating Rehab Costs:
https://store.biggerpockets.com/produ...
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Higher Rate = Higher Risk:
   • Why Your Fix and Flip Calculations Tu...  
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Follow Tarl on Instagram:
@tarlyarber or   / tarlyarber  

00:00 Turning a Dump into a Dream Home
02:35 Before Photos
02:46 Pro Tip: ALWAYS Take Pictures
06:55 Lots of Mold
08:15 The Initial Numbers
11:11 Finding Comps for Your Flip
12:08 Pro Tip: Double Check the Structure
12:30 A Blank Slate
15:06 Estimating Rehab Costs
16:42 The Floor Plan
18:28 Pro Tip: Get Good at Making Educated Guesses
18:54 Pro Tip: No Risk, No Goodies
22:04 Pro Tip: Make it Easy for Contractors
24:40 A BRRRR Needs to Work as a Flip
25:29 After Photos
28:41 Final Numbers
31:12 Pro Tip Review!