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How To Analyze A Flip Deal Like a Pro in Columbus OH (Even If It's Your First Time!)
Learn how to properly analyze a house flip in Columbus, Ohio with real numbers and examples! In this video, I break down why the common "ARV - Renovation = Profit" formula is incomplete and show you the ACTUAL costs you need to consider for a successful flip.
Using a real case study of a $140K property with a $295K ARV, I show you why what looks like a $65K profit on paper actually nets around $25K when accounting for all expenses. We'll cover:
✅ After Repair Value (ARV) calculation
✅ Hard money loan considerations
✅ Holding costs breakdown
✅ Utility expenses during renovation
✅ Insurance requirements
✅ Agent commissions
✅ Closing costs
✅ How to calculate true profit margins
Perfect for: First-time flippers, real estate investors, and anyone looking to understand the true costs of flipping houses in Columbus, Ohio.
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Related Tags -
- BRRRR
- Buy and hold
- Flip
- Short Term Rental
- Mid Term Rental
- STR / MTR
- Out of state investing
- OOS investing
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- General Contracting
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- Property Insurance
- Section 8 Consulting
Hit me up to talk or network about investing in the following markets!
- Cleveland, Ohio
- Columbus, Ohio
- Akron, Ohio
- Canton, Ohio
- Cincinnati, Ohio
- Dayton, Ohio
- Jimmy Lieu
- [email protected]
- 614-300-7535
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