Tarl is a master home flipper, so this isn’t close to his first rodeo. But even the veterans make mistakes, and this time, Tarl and his team made a $35,000 mistake. That’s no chump change, especially when you’re working against the clock to get a flip finished as soon as possible. Even after months worth of delays, contractors being fully booked, and unforeseen foundation issues, Tarl and his team were able to close out on this deal with a $90,000 profit.
How does someone walk away with such a significant profit after so many things fall apart? Only Tarl knows, and thankfully, he’s giving you all his tips and tricks in this video.
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See The Full Before Walkthrough Of This Property:
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The Beginner’s Guide to Flipping Houses for Profit:
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This Mistake Could’ve Easily Turned Our Flip Into a Flop:
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8 Steps to Buying Your First Rental Property:
https://www.biggerpockets.com/blog/how-to-buy-first-rental-property-simple-steps?utm_source=youtube&utm_medium=description&utm_campaign=none
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Connect with Tarl on BiggerPockets:
https://www.biggerpockets.com/users/tarl?utm_source=youtube&utm_medium=description&utm_campaign=none
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Follow Tarl on Instagram:
@tarlyarber or https://www.instagram.com/tarlyarber/
00:00 The Flip That Flopped
01:41 The Numbers
02:56 Interior Walkthrough
06:05 Keep it Simple!
07:38 Upstairs Walkthrough
09:29 Permits, Code, and Not “Shoulding Yourself”
12:55 Foundation Problems
16:41 Take Risks…but Make Good Guesses
17:51 Stick to Key Fundamentals
21:13 Find Your Next Deal!