
← Yo Quiero Dinero3 aug · 1 u 06 min
We Bought Our First Fixer Upper: Real Numbers, Real Marriage Talk With My Husband
Hola mi gente! This week I'm switching things up. My husband Ray is joining me in an actual whole ass podcast studio to talk about the real estate business we've started building: house flipping. We closed on our first fixer-upper here in Florida, in cash, and we're pulling back the curtain on why we did it, what the real numbers look like, and how we keep being business partners from turning into a threat to our marriage.
WE GET INTO:
00:00 Welcome to the studio: meet Ray
02:03 Ray's construction background (his dad and grandfather taught him everything)
09:41 Why they sold the Puerto Rico condo to fund this
12:50 Finding the house: the comps, the negotiation, closing at $140K
19:21 Inspection day: the good, the bad, and the roaches
24:17 The full renovation scope, room by room
34:04 The real numbers: budget, target sale price, profit margin
38:59 How they split roles: the LLC, the credit card, the labor
45:10 Keeping the flip from taking over the marriage
47:44 Rapid fire: who's most likely to...