Flip and Danny present a video walkthrough of a recently purchased retail property in Ohio. They describe buying the property at a local auction (below their maximum bid), renovating it with contractors, receiving positive community feedback, and managing the project remotely from Florida; Danny is seeing the property for the first time on camera while Flip has previously done one walkthrough.
Hey, everybody. Flip and Danny here we are outside one of our retail properties. We actually are just finishing this up. It's under contract. We're doing inspection repairs right now. And Flip and I are in Ohio. So it's pretty crazy because this is a property now that we live in Florida. We're managing everything virtually so that we know our teams here. And this property got on the market and it got sold like lickety split. But I've never personally been to this property and I haven't even walked through it before this video. So we walked in just to tell the contractors, hey, we're going to be walking through. Don't freak out. But I. I haven't seen this property. So you're actually going to watch a video of me seeing it for the first time. Flip has gone through it one time before. So, Flip, before we walk through, can you tell us how we purchased it or any other notes?
Yeah, we actually found this property on a real estate auction site. Not one of the big sites, not like auction.com or any of those big sites. It was a sort of a local Ohio, southwest Ohio site that had some houses for auction. This is the only house up for auction that day. I'm like, you guys are never going to get it for the price. There's going to be a bunch of people there trying to buy this house. And no, there wasn't a bunch of people. And we were one of the few people there. So we actually got it below what we. Our maximum that we were going to spend on it. So we were super excited about it. It's a great house. It's in a great location. This is a great neighborhood. In fact, I was here before. I was here before they actually started the renovation. We were just walking through it saying, okay, well, let's do this here, let's do this here, let's do this here. And as we were standing outside, they were already doing some of the painting and the neighbors were coming by saying, thank you. Oh, my gosh, it looks beautiful. Thank you for buying the house. And so it's great to see the community support and everyone. It's a really cute little neighborhood. So. So this is a gem. Of course, there is a direct proportion to how much you like a house, to how fast the house sells. Because we absolutely love this house and the contractors love this house. And it sold like that. It's the houses that you don't like that are. That will never sell. I don't know what it is about it.
So don't buy anything. You don't like.
Don't buy anything you don't like. So, anyway, no, it's. It's a. It's a great house. And we're gonna take a walk through now.
