Raising the Flipping Bar with Derek Marlin
In this episode, I'm breaking down another Deal Analysis — one of my favorite formats on this show because it's not guru talk, it's real numbers from a real deal we just closed. This one turned into a wild ride: a rough Arvada property that wasn't ready for the market, a textbook acquisitions process, a tight rehab budget, and a sales process that had 36 showings in three weeks before a buyer's grandma tanked the first contract three days in. I walk through exactly how we found the deal through our cold calling program, the numbers behind the rehab, what it's like managing a project alongside real estate students from the EPIC school, and the pricing lessons we learned the hard way when the deal almost didn't close. If you want to see what a real "bread and butter" flip looks like from acquisition to close — including the mistakes — this episode is for you. 🎓 Quick shoutout on this one: this deal doubled as a project for students in the EPIC Campus real estate track, an entrepreneurship program we've supported through Littleton Public Schools for three years now. First semester, students come into our co-working space at the Broadway Collective and learn the fundamentals of real estate investing. Second semester, they get to work a live flip as their class project — which is exactly what happened here. The students walked this property, sat in on a full presentation covering deal analysis, project management, and design, and one of them even talked us into a gold toilet for the primary suite. Learn more about the program here: https://www.littletonpublicschools.net/o/epiccampus [https://www.littletonpublicschools.net/o/epiccampus] Property: 8506 Union Circle, Arvada, CO 80005 🔗 See the full listing on Redfin: https://www.redfin.com/CO/Arvada/8506-Union-Cir-80005/home/34337037 [https://www.redfin.com/CO/Arvada/8506-Union-Cir-80005/home/34337037] 📸 Before & After Photos 🔗https://drive.google.com/drive/folders/1u28IejhRToqfjXADeLzDdbsMB_kPHPPs?usp=sharing [https://drive.google.com/drive/folders/1u28IejhRToqfjXADeLzDdbsMB_kPHPPs?usp=sharing] Episode Highlights: 0:00 [https://www.youtube.com/watch?v=%5BVIDEO_ID%5D&list=PLEGalsRnpoeLlHsbNlJ8f2isYJCtCOllP&t=0s] – Introduction and Overview [https://www.youtube.com/watch?v=%5BVIDEO_ID%5D&list=PLEGalsRnpoeLlHsbNlJ8f2isYJCtCOllP&t=73s] 1:13 [https://www.youtube.com/watch?v=%5BVIDEO_ID%5D&list=PLEGalsRnpoeLlHsbNlJ8f2isYJCtCOllP&t=73s] – Deal Analysis: The Property Background 4:59 [https://www.youtube.com/watch?v=%5BVIDEO_ID%5D&list=PLEGalsRnpoeLlHsbNlJ8f2isYJCtCOllP&t=299s] – Acquisition Process and Cold Calling Campaign 9:58 [https://www.youtube.com/watch?v=%5BVIDEO_ID%5D&list=PLEGalsRnpoeLlHsbNlJ8f2isYJCtCOllP&t=598s] – Rehab Strategy and Design Choices [https://www.youtube.com/watch?v=%5BVIDEO_ID%5D&list=PLEGalsRnpoeLlHsbNlJ8f2isYJCtCOllP&t=1054s] 17:34 [https://www.youtube.com/watch?v=%5BVIDEO_ID%5D&list=PLEGalsRnpoeLlHsbNlJ8f2isYJCtCOllP&t=1054s] – Sales Strategy and Market Response [https://www.youtube.com/watch?v=%5BVIDEO_ID%5D&list=PLEGalsRnpoeLlHsbNlJ8f2isYJCtCOllP&t=1240s] 20:40 [https://www.youtube.com/watch?v=%5BVIDEO_ID%5D&list=PLEGalsRnpoeLlHsbNlJ8f2isYJCtCOllP&t=1240s] – Financial Metrics and Profit Analysis [https://www.youtube.com/watch?v=%5BVIDEO_ID%5D&list=PLEGalsRnpoeLlHsbNlJ8f2isYJCtCOllP&t=1806s] 30:06 [https://www.youtube.com/watch?v=%5BVIDEO_ID%5D&list=PLEGalsRnpoeLlHsbNlJ8f2isYJCtCOllP&t=1806s] – Conclusion and Future Opportunities 🚨 We're Hiring a Real Estate Agent 🚨 I'm looking for one more agent to join our team — someone who's a beast on the MLS, great at writing offers, and skilled at building relationships with other agents. If that's you, email me at info@elevationinvest.com or text 720-545-0490. 📘 Want Our New Investor Ebook? Be on the list to get our latest investor ebook. DM "EBOOK" or email: info@elevationinvest.com Thank you for tuning in to Raising the Flipping Bar. If you found value in this episode, don't forget to leave a review and share it with someone who's serious about real estate investing. Until next time — keep raising the bar, and I'll catch you on the flip side. time, keep reaching for those goals, and I’ll catch you on the flip side! Connect with Derek Marlin and ELEVATION Investment Properties! Derek on LinkedIn: http://www.linkedin.com/in/derekmarlin ELEVATION’s website: https://elevationinvest.com/ ELEVATION on LinkedIn: https://www.linkedin.com/company/elevationinvestmentproperties ELEVATION on Instagram: https://www.instagram.com/elevationinvest/ ELEVATION on Facebook: https://www.facebook.com/elevationinvestmentproperties Subscribe to “Raising the Flipping Bar” on your favorite podcast platform! Spotify: https://spoti.fi/3ByYmxv Apple Podcasts: https://apple.co/3WbUCeQ Watch “Raising the Flipping Bar” on YouTube: https://www.youtube.com/@ElevationRealEstateInvesting #RaisingTheFlippingBar #RealEstateInvesting #FixAndFlip #DenverRealEstate #ArvadaRealEstate #DealAnalysis #HouseFlipping #RealEstateTips #InvestmentStrategies #ColdCalling #RealEstateAgents #RealEstateEducation #ElevationRealEstate
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