(Watch the YouTube video of this episode here)

In this episode, we discuss a recent property flip and dive deep into its financials, challenges, and successes. We highlight the importance of strategic planning, share actionable lessons for investors, and cover how we managed timelines, investor relations, and unexpected hurdles.

Read about the project with all the financials here: https://furlo.com/articles/how-our-passive-investors-earned-26-9-on-one-deal

Timestamps

• 00:00 Welcome to the Furlo Capital Real Estate Podcast
• 06:08 Introduction to the property flip
• 08:08 Full cycle investment explanation
• 12:51 Details on the 107-day flip and budgeting challenges
• 17:48 Deal structuring and investor details
• 21:22 Specifics of the property purchase and repairs
• 32:00 Finalizing the flip and closing the deal
• 35:45 Recap of the investment success and key takeaways

Key Lessons

1. Budget for flexibility: Always include a contingency fund in your budget to handle unexpected costs.
2. Make the most of sweat equity: Partnering with buyers who are willing to put in work themselves can reduce your project costs and risk.
3. Communicate clearly with stakeholders: Regular updates and transparent communication build trust and ensure everyone is on the same page.
4. Stay adaptable in project management: Be prepared to adjust plans and timelines when unforeseen challenges arise, like helping the seller move out.
5. Recognize community impact: Improving properties not only builds wealth but also enhances local communities, benefiting everyone involved.
6. Learn from each project: Review your completed projects to identify areas for improvement and refine your strategies for future investments.

// Let's build your wealth and improve housing, together.

I'm James Furlo. I live in Oregon, where I help people invest in real estate passively. Over the last 14 years, I've purchased over $4 million in real estate, and I’m excited to give you the opportunity to partner with us and experience the joy of building wealth while improving housing.

Access private investment opportunities, exclusive market updates, principles for passively investing in syndications, and behind-the-scenes insights.

👉 Join our investor club: https://furlo.com

❓ 196 questions passive investors should ask: https://furlo.com/good-deals-only-ebook

✝️ Are you a Christian thinking about investing in real estate? https://furlo.com/christian-investor-ebook//

Disclaimer

Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal.

Please refer to the subscription agreement for a discussion of risk factors.