can you make money flipping condos in real estate business
kris haskins kris haskins
136K subscribers
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 Published On Apr 6, 2024

Can you make money buying and selling condos even if they're on a golf course? Well today, I'm bringing you along w/ me as we buy this 2bdrm condo in Virginia Beach. It's approx 1300sf and will need about $30k in reno. This condo is unique in that the backyard is on a golf course. That's right, you can walk out on your back porch and see the golfers on the greens. Will this be a great deal for us, only time will tell. We'll walk through the property so you can see what repairs need to completed and then we'll go back to the office to go over my numbers to so if this deal is going to work.

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00:00- Intro
1:05 - You must view the surrounding areas before you buy any real estate
3:35 - These condos are all brick and HOA really takes care of the common areas
5:30 - The back yard of this condo is on a golf course
6:50 - The house smelled like something died inside
7:50 - We'll have to demo and install a new kitchen and level the living room floors
9:51 - The bathroom are in good condition but still will need new vanities, flooring and paint
11:20 - Let's go to the bank to pull out the money to buy this condo
15:40 - Let's go over the numbers so you see the purchase price, the ARV, the costs to sell, closing costs and PROFIT

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#krishaskins #krishaskinsrealestate #investinginrealestate #realestateflipping #propertyinvestment

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