In this episode of The Ricky Ricardo Show, I’m giving you a raw and unfiltered update on my latest fix-and-flip project in Wetumpka, Alabama. What started as a straightforward renovation has turned into a financial puzzle, with unexpected costs piling up—including the removal of an old swimming pool and a critical water diversion issue.
I break down the tough decisions I’ve had to make, from budgeting for additional repairs to navigating the tax implications of a quick flip versus a longer hold. Plus, I share how I’m handling financing challenges as I near the finish line, and I tease an upcoming conversation with a hard money lender to discuss lessons learned.
If you’ve ever wondered what it’s really like to flip a house—beyond the flashy before-and-after pictures—this episode is for you. Tune in for the highs, the lows, and everything in between!