First House Flip on the Journey to a Million Dollars

First House Flip on the Journey to a Million Dollars

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Publish Date:
18 June, 2025
Category:
Flip This House
Video License
Standard License
Imported From:
Youtube

We're kicking off the Million Dollar Flipping Challenge with property number 1. In this video, Andrew goes through the importance of properly performing Area Analysis in real estate investing. How to you know what kind of area it is and whether your flip will sell or not. He'll also take you through the numbers and challenges for this particular property.

0:00 Intro
1:21 How to Pick an Area
2:50 Where is Property Located?
4:35 Free Market Research Tools
5:50 Absorption Rate
8:17 Tenant Pool
8:45 A, B, C, D Areas
10:15 Know Your Market
10:42 Where the Deals Are
11:39 Where Did I Find This House?
12:30 Total Cost
13:03 What's a Home Run Deal?
13:48 Price Sold
14:10 Net Profit
14:45 Outro

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Did you miss our previous article...
https://remodelingvideos.club/flip-this-house/only-45-days-to-flip-this-house