Doubling Our Property Value With This Hack -- How We Did It | Astroflipping Breakout
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 • 586 Ratings
🗓️ 19 March 2025
⏱️ 7 minutes
🧾️ Download transcript
Summary
In today's Wholesale Hotline (Astroflipping Edition) Jamil breaks down how he doubled a property's value with just a few hacks.
Show notes -- in this episode we'll cover:
- How a 1958 sq. ft. single-family home was transformed from a 4-bed, 2-bath layout into an 8-bed, 8-bath co-living cash cow without expanding the footprint.
- The strategic use of existing plumbing to minimize renovation costs while maximizing rental income, turning common areas into high-yield living spaces.
- Why converting underutilized spaces like oversized living rooms into rentable bedrooms can boost gross rental income from $2,500/month to over $8,000/month.
- The benefits of using over-the-counter permits instead of full building permits, allowing for faster project completion and cost savings.
- How co-living conversions provide an innovative way to turn single-family homes into high-income rental properties, making real estate investing more profitable and accessible.
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☎️ Welcome to Wholesale Hotline & Astro Flipping breakout🚀👨🚀🚀👨🚀! ☎️
Jamil has been in real estate since 2002, since then he mastered the art of Wholesaling Real Estate. He successfully built KeyGlee, which is now a National Franchise with over 100+ employees, spanning 180 US markets.
Jamil also runs a mentorship called Astro Flipping where he mentors and educates hundreds of entrepreneurs on how they can be successful in their own Wholesaling business.
He is also the host/star of his own TV show on a nationwide television network, A&E. Triple Digit Flip showcases Jamil, his sister Rahima, best friend Pace, and their real estate agent Laura wholesaling and flipping houses all over Arizona.
Jamil is also the co-host of the fastest growing podcast on Wholesale Real estate called “Wholesale Hotline.” Additionally, he started his own podcast called “To the Moon” where he highlights student success. Above all things listed about Jamil, his mission in life is to impact as many lives as possible, and share the knowledge he has with those that have a desire to learn.
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🧑🚀 IG: https://www.instagram.com/jdamji/
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🧑🚀 Book a call with my Astro team: https://go.astroflipping.com/schedule?utm_source=youtube&utm_medium=organic
🧑🚀 YouTube Channel: https://www.youtube.com/channel/UCDqJP0mZNOSR9JiIRE02NxQ
🧑🚀 Tune in to Wholesale Hotline live on my YouTube every Monday 5pm MST
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🔌 PLUG IN & SUBSCRIBE 🔌
🔸 Jamil’s YouTube: https://www.youtube.com/c/JamilDamji/
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🤝 #SQUADUP & GET MORE DEALS DONE in the Wholesale Hotline LIVE Facebook group: https://www.facebook.com/groups/759418414582645 🤝
Transcript
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| 0:00.0 | You are listening to an astro-flipping breakout with me Jamil Damgey on the Wholesale Hotline |
| 0:07.0 | Podcasts. |
| 0:08.0 | We want to know how we are doing, so give us a rating and leave us a review. |
| 0:13.3 | Today we're going to dive into how we make some of the stunning transformations, where |
| 0:17.2 | we keep an original footprint and we transform what it was a four-bed, two-bath, |
| 0:23.6 | into an eight-bed, eight-bath co-living home. |
| 0:26.6 | Now, we're going to dive into the floor plans and I'm going to show you how we're doing this, |
| 0:30.6 | and I have to give a ton of credit to my sister, Rahima Blaza, for her ingenuity and for |
| 0:35.6 | the mind that allows her to just see what needs |
| 0:39.7 | to happen in a house and how we can use construction, engineering, and really creative thinking |
| 0:45.4 | to put all of these incredible amenities into the same footprint. |
| 0:50.1 | Now, the reason why we keep the same footprint is that way we don't have to get additions. |
| 0:54.8 | We don't have to get permits for those additions. |
| 0:56.5 | And it allows us to get an over-the-counter permit versus an entire building permit from the city. |
| 1:01.3 | That means that we can start our work extremely quicker. |
| 1:05.2 | And it also allows for us to minimize the renovation expenses. |
| 1:09.6 | And so I want to dive into one of these floor plans with you guys and we can talk through |
| 1:13.7 | how we make these stunning transformations. |
| 1:16.4 | Now, before I get into this, I want to remind you all that if you come be a part of the |
| 1:21.1 | housing alchemy community, we will actually help you identify a co-living property that could |
| 1:26.3 | be a great cash cow for you and will even |
| 1:29.0 | help you create one of these stunning floor plans so that you can do the same type of projects |
... |
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