Sarah Explains How She Funded And Finished Flip Two

Welcome And Sarah’s Big Results

SPEAKER_01 0:32

Hey everyone. Thank you for joining us today on another great episode of Flip Houses Like a Girl. Today we're going to sit down with one of our students, Sarah. Sarah joined us in May of 2025, and in just under a year, she has completed two full flips. I am so excited to share our conversation with you as we dig into all the juicy details of her second flip. Hey guys, welcome back to the Flip Sisters Flip Houses Like a Girl podcast. I'm so excited today because I get the opportunity to introduce you to Sarah. She is one of the sisters here that we absolutely adore. She's flipped two houses since she's been with us. And we're going to get to know a little bit more about her and her second flip while she's here with us today. So, Sarah, I just wanted to say thank you so much for being here. We're so excited to get to meet you. Thank you for having me. I'm excited. Yay. So, you know, with the all-important question, tell us a little bit about yourself. You know, where are you from? Do you have a significant other kids, fur babies? And I always like to ask people what they were doing before they got into house living.

SPEAKER_02 1:52

Okay. So I live in Massachusetts in uh southwestern Mass, kind of near Springfield, just north of Connecticut. I am married. I just got married to my husband Mark about a month and a half ago. We each have a girl, a teenage girl, and we have a kind of a small zoo. We have four birds, two cats, a dog, and a tortoise.

SPEAKER_01 2:13

Yes. Oh my gosh. Yeah. So congratulations on getting married. And yes, oh my god, that like sparked my memory. I think one of our first calls, like we were just having a casual conversation and this bird like kind of landed on your head. Was that you? I didn't we didn't have birds at the time, but it's possible. Okay. Yes, there was a call I knew with somebody, and it was like, and she was just so casual about it. And like she's like, oh my god, I'm so sorry I forgot. Like this is the time like our bird is out. And I was like, oh, okay. And she's like, it's so normal to me. Like, I didn't like it never registered to her. So it's always fun when I do calls with people because you get to learn a little bit about their lives. And you know, sometimes it's hard to do in just like a short conversation. But it is, it's so much fun to learn about like it for babies. And you know, we're huge dog people here. I myself have four, and my better half chuck is apparently trying to tell me I we need another one that the vet sent us and was like, she needs a home. And I'm like, no, like, but yeah, yeah, we're huge, yeah, huge dog people here. Awesome. And so what were you doing like or are still doing? Because I always like to make well aware you can do this and work a full-time job at the same time. So, like, what were you doing or are you still doing while you're flipping houses?

SPEAKER_02 3:31

So I'm not I'm not trying to think. The last first time I talked to you, I think I was working, I just started working for an attorney, a local attorney doing paralegal work, which I've done for years, like real estate paralegal work. So I I'm continuing to do that part-time. And I do like title exams and document preparation for commercial closings for him. So still real estate related because I have a background in that. So that's sort of what I've continued to do, just part-time as I've been working on my flips.

Finding The Deal Through A Wholesaler

SPEAKER_01 4:02

Nice. Yeah. All right. So let's dive into what everybody wants to know. We always want the nitty-gritty about the flips. So yeah, so talk to us about like how you kind of found this flip.

SPEAKER_02 4:15

So both flips that I've done, I got from the same wholesaler. And I would have preferred to find them myself because I would, you know, would have gotten them for lower prices. But somebody that I met, actually met him, I think like through a local real estate investing group through Facebook. He just added me to his buyer list and contacted me and I was I got the property from him. And he actually we kind of became friends and he said, Well, if you go out, he lives far away, like a couple hours away. So he said, If you go out and take pictures, I'll give you first dibs on the property. So I went out and took pictures. I met the the owner, the son, the owner was an elderly man who had passed away. So his son, I guess, owned the house at the time through probate or whatever. And uh I met him and walked around the house with him, which is actually sort of nerve-wracking because I feel like I didn't really get a good chance to look at every detail because the guy was kind of following me around.

SPEAKER_01 5:05

Right, you're trying to like balance being a nice person and not being like, I need to focus. Like and I'm not like your story. I do, I really do.

SPEAKER_02 5:12

But and he kind of I was supposed to pretend like I was just there taking pictures and not that I was a buyer.

SPEAKER_01 5:18

Yeah.

SPEAKER_02 5:18

And so I was not nitpicking it as much as I probably should have. But the guy was like, Oh yeah, this is where the bedroom I used to live in when I was a kid, and there was the basement was full of um just full of junk because the gentleman had lived there for like the long time. Since the house was built in the 50s, so there was like an old bar and liquor bottles, and the son was like, Oh, I think I tested some of these back in the 70s. Like, oh boy. So there was a lot of old stuff in there, but um, but you know, it was at least good to kind of get kind of hear the sentimentality and from him or the sentimental nature of the house from him. So yeah, that was kind of cool. But yeah, so I got it from that wholesaler and we closed in December and then it's I put on the market like last week.

Funding With Hard Money And Private Money

SPEAKER_01 6:05

Wow, so that's yeah, we'll get into like the details between December and now, but that that's a really great turnaround time. Yeah. Okay, so yeah, I love a good wholesaler. And I tell people, yeah, of course, like you know, direct to seller, which you know, we teach you how to do that, is always great because you, you know, it's usually when you do get the best purchase price. But sometimes, you know, I'm like, hey, if a wholesaler has done all the legwork and the hard work, like, cool, I'll pay you a fee. Like it's fine. I love, I love a good wholesaler. Okay, so now how did you everyone always again? Next question we found the house, we're under contract. How do we pay for the house and the rehab? How did you fund it? What was your process there?

SPEAKER_02 6:45

I ended up using a hard money lender for the majority of it. And then I used a private lender that I know locally, he's like your newer, who just was interested in investing because he had seen me working on the first flip. And he said he was like, Hey, you know, I'd like to put my money to work. I was like, sure. So he invested and became a private lender. And um, that's and then I used some of my own funds for part of it too, but the majority of it was through hard money and private lenders.

SPEAKER_01 7:13

Yeah, and that's awesome. I try to encourage people, even like when you're on your first flip, to share that journey with people. And obviously, we live in social media land world. So, you know, I'm like, yeah, social media is can be a great platform to share what you're doing. And especially with lenders, because I don't think a lot of people realize like a private lender could be anybody, your aunt, your doctor, you know, people that you've met through so like social gatherings, church activities. But some of what we need to do is to educate them how. And they, you know, like I said, they this is a great birth, like a great version of that. They saw what you were posting, they contacted you, and now it's gonna be a super win-win for you and them. They're gonna get a great return on their investment. And, you know, private lenders, at least for me, have always been super easy to work with. Um, and so it just you've got some capital and and they're getting great interest rates. So I love that. Awesome.

unknown 8:08

Yeah.

Planning The Renovation And Budget

SPEAKER_01 8:09

Okay. So we purchased it and then let's talk a little bit about Reno. So how did you go about figuring out what it was you wanted to do to the house and how much did it cost?

SPEAKER_02 8:22

So I kind of well, and I had known that there was a title, so there was a septic tank that needed to be replaced.

SPEAKER_01 8:28

Okay.

SPEAKER_02 8:29

So we had a title V inspection, kind of like we looked at that. So there was that factor, there was a pool that needed to be filled um in the backyard next to the septic tank. So there was a bunch of work that needed to be done there. And then I kind of just estimated, I probably should have estimated higher, but I estimated based on the first flip I did, like how much we're gonna cost. And I got a quote from someone I had met doing my first flip. Just got quotes from her on what her crews would charge for certain things. So the renovation, I estimated it at 60,000. And we I stayed right around that. I think I went over by maybe a thousand or two dollars, but which isn't too bad considering what it could have been. Um I still think it's a success in terms of the budget because I think I like I said, I think I underestimated, but it's a lesson learned for future for future projects because I know now I need to estimate way more than, or at least I just need to estimate a little bit more accurately and and maybe go above even above the contingency that I would normally put in.

Building A Crew And Managing Subs

SPEAKER_01 9:31

Yeah, that's a great lesson. And I tell people it's kind of funny because like I do this, you know, by myself. People are always, oh, you know, do you is your husband involved? I'm like, no, not at all. Like he's like, no. Um, which most of our women are. Uh and so, and I I say that to go a lot of times. I'll tell people, like, I'll have a debrief at the end when I've sold a house and go over everything. And they're like, Is that like a meeting with yourself? And I'm like, Yeah, like I'm the only one. They're like, Who's at the debrief, right? Like, I've got to go through, and that's one of the things that I've, you know, kind of kept a track record of is like what things cost. And you know, it is harder right now because materials are going up. So you just kind of keep track of it. But I love that you got some estimates from people because I think that's one way, especially if you're starting out. Um, I mean, you had some experience with your first one, but you know, for anyone who's listening, if it's gonna be your first time, I think because sometimes too, I hear like real estate agents who don't flip and they'll give their clients estimates. And I'm like, Yeah, that's so cute. Um I've said that before I walked in the door. You know, we've got the roof and an HVAC in in our area, like work under the house is really has to be done a lot. So I love that you like went direct, I like we always say go like directly to the source because those are the people who are doing the work. And, you know, we're we're human. Um so part of it is we're gonna be like, oh no, like, yeah, I'll take that lower budget. Yeah, absolutely. That'll work. So it's cool that you you've had all those great lessons. Cause I tell people, you know, we never lose, we we win or we learn. And so every time you do a flip, you're gonna take those lessons and move forward and just be like better, stronger, and have better profit margins because you're just gonna know, like, hey, I need to make sure that I'm I'm just aware of this, right? It doesn't have to be like a uh hard, fast rules, but sometimes just having awareness of things is really crucial. Absolutely. So I heard you kind of mention that you had gotten some estimates. So did you use like a general contractor or a project manager, or did you like kind of just I always say like managing your own subs?

SPEAKER_02 11:34

So last summer before I like when I was in the process of buying my first flip, I had gone to a local real estate investing networking group and met I met a guy there who is a he's a veteran flipper and he's done like you know hundreds of them. And he so at one point during my first flip when I was dealing with the contractor situation, I called him and said, like, hey, who do you have that can do trim on the windows? And he put me on the phone with this woman and she was like, Oh yeah, I I run all these crews. She's like, I'll meet you at the house in half an hour. So she came, which I was like, Thank you so much because it were like, see, thank you. So yeah, like helped me and she has like five or six crews that she she handles that she sends out all over the place. So she kind of with the second flip, the one that we've been talking mostly about, I had her come in and kind of just tell me what her crews would charge to do certain parts, you know, certain things. And then I had met like through the person that I met at that group, this the flipper, he like he introduced me to uh somebody who does hard like hardwood floor refinishing. Right. And so really the biggest, I guess the biggest help was like just growing a good team. But it was hard, you know, it's really hard to call people and be like, Can you give me a quote on this? Like for me, it's really hard to call, and half the time they don't bring me back, or they give me a astronomical quote or they think, like, oh, she's a flipper, and so they give me some wall amount, and I'm like, no. So I'd rather call the people who have worked with flippers because they know like I need to just get this done, and then they'll ask me specifically, like, what do you want? Like, how good do you want this to look? Like, are you? Yeah, like what level level of finish are we talking here? Yeah. So she kind of came in and managed her her guys, but there were other things that had to be done. So I I kind of would have been considered like the GC and I handled like the subscribe, she handles her own crews that come in, and then I kind of just dealt with her for her cruise. But there were other people like the the guy who did the septic tank and pull replacement was somebody separate, and the person who did the floors was somebody separate. So I kind of and this paint the guys who painted were somebody separate, so I kind of um managed them all myself, which I I'd rather do because I think it's cheaper, especially I don't know how it is where you are, but it's it's crazy to have a TC.

What They Renovated Inside The House

SPEAKER_01 13:45

Yeah, yeah, I tell people you know, there's three levels that you can go with. You can self-manage, you can do like a lot of people don't know there's something in kind of in the middle called a key contractor or like kind of I consider them a project manager. You know, they may not be a general contractor, they may not have the license, but like especially where I live, there's so much that doesn't require a GC license. And you can have like subs that have like they have their own trades license, like the electrician has an electrician's license, the plumber has a plumber's license. You know, I was I'm comfortable now, very comfortable kind of managing my own flips kind of more as the project manager. And yeah, I think you did a really great job of kind of plugging into your local network. I think local real estate investment meetups can be a good thing. Um, I know sometimes people are a little weary of them, but you know, you are finding people in your area who are doing what you do. And like you said, they you pointed out beautifully, you know, the people they're working with already are working with flippers. So they know like how it goes. And I really find like subs enjoy working with people who flip because I'm not a one-time like homeowner with a one-time problem. You know, you come and you do good work and you fair price me, you know, we're gonna roll on to the next project. And the more we work together, the easier it gets, right? Because you know what, you know, I have my plumber comes in, he knows exactly what I want. Like he just asks me, like, you know, are we doing black or a brush gold for this one? And he just takes care of it, you know, like he sends me an invoice or an estimate, I approve it, and we move on with life. Um, and so it's a win-win for for both sides of the equation there. But yeah, okay. So kind of walk me through just, you know, obviously not super detailed because we don't have, you know, we only have so much time in the day. But a lot of people like to know, like, what did you do to the house? What were we doing the kitchen, the bathroom? Did we do windows? Did we do right?

SPEAKER_02 15:43

So uh we did, I mean, the house was is from the 50s, and it was pretty much it looked like it was from the 50s, but not not horrible because it did have nice harbored floors. So we gutted the house, gutted the kitchen. I mean, there was a lot of not gutted, I would say we didn't get it. There was a lot of junk in there, like I mentioned before. So got rid of all the stuff, took out the cabinets. So uh, you know, a lot of the houses around here have nice cast iron tubs. So we refinished the tub, put a uh, you know, tile shower, uh, you know, tile surround. New flooring in the bathroom, new flooring in the kitchen, all new cabinets, countertops, basically just new kitchen, new bath, except for the top, which was refinished, and then we refinished the hardwood floors, basement. We put uh new carpet in. I'm not a huge fan of carpet, but it's cheaper and it worked for space. Um just kind of like cleaned up the basement, put some new uh paneling up. We did not, I didn't do all the windows, I only did the windows in the basement because they were broken. In hindsight, I would have replaced the windows because they're old. Uh it wasn't in the budget. And I don't know. If I could have budgeted an extra five grand to do that, I would have done it and I would have repainted the outside of the house. But they weren't in the budget for this time. Next time I will know to account for that. But I mean, it wasn't a super, super hard flip. I honestly wish I could have done it quicker too, but winter is hard here, and it was so yeah in Massachusetts, like it snowed a lot this year, which is uh it's abnormal, it doesn't usually snow this much, but it slowed things down.

unknown 17:12

Right.

Winter Timelines Stress And Carry Costs

SPEAKER_02 17:12

And it also increased the cost too, because then I was paying for oil, oil, yeah, heat, snow removal. If you're in the south and you've got a couple months, but I was encouraged by the other flipper that I know locally that hooked me up with some of his workers or his sub, you know, his subs. He was saying, yeah, most people around here it takes them at least four months to flip. So I felt better about that. Because I had gone to a women's real estate investment group a few months, like a year ago. And so the girls there were like, Oh yeah, we do I'll do it in like a I'll do like a 30-day turnaround. I'm like, that's amazing. I want to do that. I'm just finding it really hard to actually do that to get the cruise there and being able to pay for everything up front in order to be like to like order everything and pay everybody at once when you're dealing with construction draws and you have to wait for everything to clear, then you've got to get money back. And right.

Surprises Personal Life And Staying Steady

SPEAKER_01 18:05

So yeah, no, I mean, I think like, you know, you had said you purchased it in December and it you just put it on the market. I mean, that's like that's incredible. Yeah. Um, yeah. So I think, you know, it's it's funny. I think some people, I don't, there's there's so many different ways to do this. And I think, you know, sometimes you have to think about balancing out what all is going on in your life. And like, because I and here's kind of a backstory to where I'm going with this. I did like 12 flips last year and 10 the year before. And it was it was a little bit stressful. And so I was kind of like, you know, oh, I'm just doing all this like, you know, running around and you know, cruise and ordering stuff. And like you said, it just it can be a lot a little bit when you're doing that volume. And then so this year I kind of shifted gears and I was like, do I need that level of stress? Um and so maybe I can, and I I did, I pivoted, and now I'm like, let's do less with a good profit margin. So I'm still taking home the same, which I think is so cool in real estate how you can pull different levers and do different things. So just kind of roping back to yes, obviously time is money because you pay, you know, the lender's interest, you know, and it accrues every day, right? Like any other loan. But it's just kind of going, okay, like, yeah, could I have done this in 30 days? Sure, but like what would the quality of the rest of my life be? Right. So yeah, so if I tell people, like, you know, everyone has a happy level with stress and everyone has a happy level with the speed they want to go. And and so sometimes, you know, I'll hear it from people. And, you know, I've I've definitely been there where I'm like, yeah, we finish one in four to six weeks. And, you know, sometimes I can absolutely, but I have one now that's like going on four or five months, but it's a little bit more intense and we have the city involved. So I think four months is fantastic, especially given that you had to deal with snow. For the listeners who don't know, I'm from the southeast. So we don't deal with snow. And so that's not something that I have to contend with in my you know timeline. But that's so cool that you've kind of already realized this early on in your you know flipping career. Like, hey, this is something we need to consider in our timeline. And also like how it sounds like you've also learned how to best work around it, right? Like you've got somebody shoveling snow, you've got like so that's it's cool for me to get to learn from all of you ladies like the different intricacies from the different areas. So like I think four months is based off all of all of that is fantastic. Because I personally would be like, oh my god, it's cold. Like, I'll I'll come back and see you guys in a couple months. Exactly. I know Judah cold. All right. So when you were going along, it sounds like you you did a you did a great, like a good amount of stuff to that house too. Any surprises that popped up like in the renovation?

SPEAKER_02 20:55

Actually, not really. I mean, there were like a few little things, but I was like, oh, there's a propane tank that's connected to this, but we haven't we didn't have any major issues, thankfully. Oh, that's nice. That was a blessing because you know, I had a lot going on in my personal life this past year. I moved twice, I got married, I moved my fiancee and his daughter now husband up from New Jersey. Like we, and then we were just, I was finishing up the house we're living in and then working on this flip, and it was just a little bit more than a lot of things. So wow, that's incredible, girl. I have to cut myself some slack in that, but um I was just glad that there were no surprises because with all the other things I had going on, I'm like, okay, I just I just can't deal with there being like a major issue. But luckily, nothing has come up yet. Of course, it hasn't been the house was put on the market last week. We got what offer, and you know, we should be finalizing that in the next week or so. And I'm just hoping nothing comes up in the inspection that I might have missed, you know, from any major. But hopefully that won't be anything.

The Fun Parts Family Design And Pride

SPEAKER_01 21:55

Yeah, that's crazy. I think you know, and what a testament to you and a Testament to like again how we always tell people like you can do this, and it doesn't have to be like a full time quit your job, quit your whole life pursue. Right. Where you had all this stuff going on and you were still able to very successfully, and you know, again, to me in the four months, I think that's a great timeline. Be able to produce a beautiful product. And you know, I it we're gonna talk a little bit, no spoiler alerts here about it listing and getting offers really quickly. So obviously you did a fantastic job. Thanks. So I think that's amazing. So I applaud you for that. Um, so what is your you've done two flips now? So what is kind of your favorite part of the process, like from finding it to listing it, like all the above? What is there something that sticks out that you're like, I just get really jazzed about this?

SPEAKER_02 22:44

It's seeing when when the work has been done, not even all the work, but when big things have been done that completely change the look, like when it's been painted and you can look back and go, oh, it looks so much better. Or like when all the junk is gone and you're like, oh wow, this room looks way bigger, or the floor is already finished and you can stand back and go, oh, they look beautiful. That that would say is the most like rewarding part of it, at least because I don't know, just taking things and making them look beautiful. I just I don't know, it's very satisfying. And then I think the most fun part, or at least the list most rewarding, has been that my husband and I were able to kind of go, we had to finish just do some like finishing touches on the house. We went the past couple weeks, we were spending a lot of time there. And so it was really fun to just be with him there, like finishing up all the stuff, kind of like just to get it ready. And yeah, you know, we have like surprise ourselves with the skills that we have. We're like, oh, I guess I'm a landscaper today.

SPEAKER_01 23:41

Yeah, it's and I think that's kind of the cool thing too, because like you know, you talking about your your your new hubby, but also hearing ladies talk about like bringing like kids on site and like just being able to spend that time together and even like teaching skills, like so you're learning skills that you know, even just like the whole process, but also you know, the the minute minute parts of it that you're able to pass on to y'all's children and like kind of like help them get ahead with different things, like even if it's just talking to a contractor, right? Yes, at some point they may need to talk to a contractor and and they'll know what to ask and they'll know what to look for, and it'll just kind of really help them. Um so I think that's cool how you can you can also spend quality time with people you love and doing something that's kind of fun. And like you said, I told people like the mini version of it is like watching those videos. I don't know if people see them online where they're like cleaning the rugs. And like, why is this addicting? Like, why do I want to watch this? And then I realized, like, well, that's what I love to do, right? I love to take a just dirty, nasty space and like clean it up, sparkle it up, put some tile, like flap some tile on it, paint it. Um you know, it's crazy. Like you kind of pointed on two things that I always tell people. You'd be amazed what like a good declutter, deep clean, and paint can do for a home.

SPEAKER_02 25:00

Yes.

SPEAKER_01 25:00

Um, really changes it. So ah, cool.

Relationships With Contractors As A Superpower

SPEAKER_02 25:04

Yeah, okay. And I was gonna say one more thing too. Uh my daughter was like, she's not so much anymore, but she was for a while, like kind of an aspiring designer. So even now, still, I'll be like, Hey, what do you think about this? Like, what do you what colors should we do for this? So she'll put together, she'll put together like little design boards for me with different kind of like finishes. She did that for both flips. And so it's kind of been fun to be like, Hey, what do you think of this? And she's like, Oh, don't don't put that in there. Even with like, I didn't fully stage the house, but I did a little bit of like staging in the kitchen because there's some shelving. So I was like, What about this? She's like, Don't put that there, you know. So it's been kind of fun to have her helping. Yeah, and then building relationships with people. Yeah, she's been like, We know that looks bad. But one of the most rewarding parts has been too, like, as I'm just getting started, like my husband coming to the sites with me and helping me, especially with the the guys working on like the sewer and doing the landscape, the subject tank and the landscaping and other contractors, like he's we both are there getting to like build relationships with these people to try to, you know, and they're they'll even say, like, oh, it's nice to like meet you guys and talk to you. Um, so we can build a relationship for future projects together. And I just I absolutely love that. And it's also been great having my husband there to like help me with it because uh like having that support is so helpful.

Pacing Yourself While Scaling To Flip Three

SPEAKER_01 26:14

Yeah, that's awesome. Yeah, and I tell people too, like, I love that you mentioned like the relationship aspect um because I think that's one of the fun things about this business is you get to build those relationships with people. And I was talking to somebody the other day, and it's they're like, you just seem so happy. And I'm like, I'm not one of those, you know, crazy, like super positive people, even though I am really positive and happy. But I'm like, we can come to work and have fun. Yeah. Like, how blessed are we that we get to come and be like, you know, hey, you're an awesome person. I'm an awesome person. I can joke with you or laugh with you while we're doing you know, while you're putting in a sewer system. Yeah. Um, you know, it's just like it just kind of I I have fun with, you know, the subs. They're great people. And so it's fun to get to know them and learn about them. And I think, you know, sometimes, you know, if you see stuff on, I always talk about like the Instagram image of flippers because I think it's really skewed. Uh especially if you're ever in like the manosphere version of it. Um but I think that's where women actually kind of excel is that we're so great at forming relationships with people and being empathetic and wanting to learn and being curious. And human beings respond to that, right? Like we want to get to be known and we want to be appreciated. And I think about they're like, you know, kind of like you said, you called somebody and they just ran over. And and I have that happen. And sometimes people are like, How did how did how did that happen? And I'm like, because I show up to the job site, I treat them like a human being and I pay them on time and well. It's not that hard. It's not that hard. You know, don't be an asshole. Um it's helpful. So yeah, so you did one flip and then you decided to do another one. So tell me a little bit about like a little bit about that. Like, was there anything where you were like, oh, I just don't ever want to do this again? Or, you know, what made you excited to get into the second one?

SPEAKER_02 28:12

So the first one since I sold it to a family member and I knew I was gonna not make as much on it. I was like, okay, I need a win, like I need I need another project. But but I guess the tough part was like they were overlapping and then I had all this other stuff going on. I was like, it was kind of a stressful time for a couple months, but but I was just like, you know, I need to just keep moving forward and like I'm cl I'm gonna be, you know, selling my second one soon. So I'm already looking for my third, but I kind of wanted to take a break because I had overlap so much and so many things going on that I was like, I kind of need a break for like a month or two before I jump into another project, just because I need a brain break, and yeah, there's just a lot of stuff going on in our lives, like new stuff. So I feel like it's good to kind of relax. But I just want to keep moving forward, you know?

Purchase Rehab List Price And Profit Math

SPEAKER_01 28:57

Yeah, and I think that's again one of the cool things about the real estate investment space is you can put the gas pedal on if you want, and you can totally like take a break and go, you know, okay, I'm just gonna breathe for a month and then get right back into things. And I I mean, what what other quote unquote job you have? You really have that much control that you can do that. You know, there's very little things out there that you can. And that's again one of the things that I love about the real estate investment is you know, there's different ways to do things. And there's also like the, you know, again, I can go as fast as I want and I can go as as slow as I want, and I can take a breath, and that's okay. Um, so I love that. I love that you have that awareness that, like, hey, you know, we went through a little bit of some stress, we had some overlapping stuff, and I need to decompress a little bit. And yeah, I think that'll just make you so much stronger when you come into the next one where you're like relaxed, you're refreshed, you're renewed, you're like and celebrated. I always tell people don't forget to celebrate the wins. Like go on, you know, whatever it, whatever it is you do to celebrate, like do that. Like if it's a mini vacation, if it's you know, your favorite bottle of wine or some chocolate cake, I don't know, whatever it is, like don't forget to take a moment and celebrate as well. Cause that's important too. Yeah. Okay, so we're gonna just I just want to recap. So what was your on this flip, what was your purchase price? Uh 210. Okay. And then we did how much renovation? What was our final? Uh 60,000. Okay. And then so you just listed it. So what did we list at?

SPEAKER_02 30:31

I listed it for$339.

SPEAKER_01 30:33

Awesome.

SPEAKER_02 30:34

So yeah. Hopefully I'm hoping to get at least let's say I get$339 for it. Yes. What would be your projected profit? About 16%. 15%. Okay. I'm not good at math, sir. What is that? So it would be like 50 to 60,000, depending on what our final, depending on what our final terms are.

Offers Closing Thoughts And How To Connect

SPEAKER_01 30:54

Awesome. That is fantastic. Yeah. So kind of recapping then with that too, like so four months, and then we came out with 50 or 60. And then I know we kind of talked about it before, so I'm I'm gonna now, now that there's no spoiler alerts, guys. She just listed the house a week ago and they're getting a lot of showings. They already have one offer in. There's probably gonna be some other offers coming in over the weekend. So how exciting to be like in a highest invest uh situation. So that ladies love choices. Um then you have choices of which buyer to go. Hopefully, you're gonna take a backup offer too. So now you're sitting in a real pretty position. And, you know, I wish you speedy and fast closing. Nice. Thank you. Awesome. Well, Sarah, thank you so much for joining us today and kind of giving us a little peek behind the curtain on flip number two. I think you did an absolutely amazing job. I'm really excited. I have no doubt that you will close this out here very quickly. And I do hope you take some time to celebrate and rejuvenate. And I can't wait to see you hit number three. Great. Thank you so much. Thank you so much for joining us today on the Flip Houses Like a Girl podcast. I hope you found inspiration and practical takeaways from Sarah's story. Remember, every successful flip starts with one brave decision to get in the game. And you don't have to do it alone. If you're ready to take the next step towards flipping your first house, we'd love for you to learn more about the Flip Sisters program. It's the leading coaching program and community designed specifically for women across the country who are ready to flip houses in their local markets. To connect with us, check out the program, or just get inspired by more stories like this one. Visit us at www.theflipsisters.com. And as always, thank you for listening, subscribing, and sharing this podcast with other women who are ready to step into the world of flipping houses. Until next time, keep going, keep growing, and remember, you can absolutely do this.