youtu.be
The video follows a speaker as they walk through a distressed house, assessing its condition and estimating the cost of renovations. The exterior of the house requires a new deck and landscaping, which will cost around $20-30k. The interior of the house has a slight odor and requires a complete surface refinish, including new floors and repainting the walls. The kitchen has a pirate theme that went out of style in the 70s and will need to be gutted entirely. The house also has foundation cracks that need to be repaired, and the renovations will cost around $80k in total. The speaker has not yet decided whether to flip or wholesale the property, but ultimately decides to wholesale it as it requires too much work to be a rental property. The speaker recommends watching a video on how they buy rental properties without using their own money. Overall, the video provides a detailed look at the process of assessing a distressed property and estimating the cost of renovations, as well as the decision-making process involved in deciding whether to flip, wholesale, or keep a property as a rental.
The video follows a speaker as they walk through a distressed house, assessing its condition and est