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Episode 31: Fix & Flip Update – Listed at $425K!
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Your boy is back with a big update! In this episode of The Ricky Ricardo Show, I'm breaking down everything about my fix & flip project in Alabama — and the property is officially listed for $425,000!I go over:🏠 Why we listed $100K above the original ARV📈 The latest comps in the area — one even hit $490K!💸 Out-of-pocket landscaping costs and the last-minute push to boost curb appeal💡 Why I’m still paying the full 3% buyer’s agent commission🔁 Backup plans in case the flip doesn’t sell right away💰 How much profit I’m estimating (spoiler: it’s big)📅 Thoughts on 1031 exchanges, capital gains, and future tax strategyThe photos are live, the views are rolling in, and I'm just hoping for a quick sale so I can roll these funds into the next big deal.Tune in, and let’s keep building this financial freedom journey one property at a time!
Follow the show:
Instagram: https://instagram.com/rickyricardoshow
About the show:
The Ricky Ricardo Show documents the real journey of building financial freedom through leverage, better decision-making, and real-world lessons — in real time.
Real estate is the current vehicle, but the principles apply far beyond it.
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By Ricardo HernandezSend a text
Your boy is back with a big update! In this episode of The Ricky Ricardo Show, I'm breaking down everything about my fix & flip project in Alabama — and the property is officially listed for $425,000!I go over:🏠 Why we listed $100K above the original ARV📈 The latest comps in the area — one even hit $490K!💸 Out-of-pocket landscaping costs and the last-minute push to boost curb appeal💡 Why I’m still paying the full 3% buyer’s agent commission🔁 Backup plans in case the flip doesn’t sell right away💰 How much profit I’m estimating (spoiler: it’s big)📅 Thoughts on 1031 exchanges, capital gains, and future tax strategyThe photos are live, the views are rolling in, and I'm just hoping for a quick sale so I can roll these funds into the next big deal.Tune in, and let’s keep building this financial freedom journey one property at a time!
Follow the show:
Instagram: https://instagram.com/rickyricardoshow
About the show:
The Ricky Ricardo Show documents the real journey of building financial freedom through leverage, better decision-making, and real-world lessons — in real time.
Real estate is the current vehicle, but the principles apply far beyond it.