175: The FINAL Flip Report
Hustle Humbly Podcast
Alissa Jenkins & Katy Caldwell
4.9 • 916 Ratings
🗓️ 12 December 2022
⏱️ 43 minutes
🧾️ Download transcript
Summary
Flipping houses isn't always what you expect—especially in a shifting market.
In this episode, we're sharing the FINAL flip report. After completing her second flip, Alyssa walks us through the full journey—from purchase to renovation to sale—and what changed between a hot market and a more cautious one.
If you've ever considered flipping homes (or you're already doing it), this episode is full of real numbers, real decisions, and honest lessons learned along the way.
Here's what we cover:
-The full breakdown of Alyssa's second flip project :contentReference[oaicite:0]{index=0}
-How this flip compared to her first (and why the results were different)
-What changed in the market during the renovation process
-Why pricing strategy matters more than ever in a shifting market
-What happened when showings slowed down
-How a simple price adjustment brought the right buyer back
-The pros and cons of selling to your own buyer
-How interest rates impacted affordability and investor decisions
-Real numbers: purchase price, renovation costs, and final profit
-Why this flip made less profit despite similar pricing
-The emotional side of having your money tied up in a deal
-Why cash purchases can reduce stress during uncertain markets
-What Alyssa learned about managing renovation projects
-Why she prefers a more hands-off approach
-The risks and realities of dual agency in a flip situation
-A breakdown of 1031 exchanges and why Alyssa doesn't use them
-How long-term investing strategies impact tax decisions
This episode is a behind-the-scenes look at what flipping actually looks like—not just the highlight reel.
If you've been thinking about flipping, this is your reality check (in the best way).
Resources & Mentions:
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Music:
Straight A's by Connor Price
The Good Life by Summer Kennedy
Be The One by Matrika
Transcript
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| 0:38.8 | Concerned about a tree limb, which has since been removed for like 400 bucks. |
| 0:44.7 | Wasn't a big deal. |
| 0:45.7 | She wanted the whole tree to come down. |
| 0:47.1 | Yeah, I'm not to, yeah. |
| 0:48.6 | I told my broker, I said, I'm probably like doing a liability nightmare because I'm owner, |
| 0:53.5 | agent, dual agent. |
| 0:55.6 | I have learned that I don't necessarily like managing it. |
| 1:02.3 | Yeah, I just, I need to care more. |
| 1:05.0 | And I'm more like, let me know when it's done and I'll come by. |
| 1:10.0 | You got to pay it and I don't want to pay it when it's six figures. |
| 1:14.3 | Hi y'all. Welcome to Hustle Humbly. It's Alyssa and Katie and we are two top producing |
| 1:18.5 | realtors in the Baton Rouge market. We work for two different companies where we should be |
| 1:22.3 | competitors but we have chosen community over competition. The goal of our podcast is to |
| 1:26.5 | encourage you to find your own way |
| 1:28.1 | in business. So stop comparing yourself and start embracing your strengths. Hi, Alyssa. Hey, Katie. |
... |
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