S5E24 Fix & Flip Case Study: $49K Profit in Kellogg 2025

Investor Shed Podcast (S5E24): Join hosts Nick Beveridge, a seasoned real estate agent, and Jeremy Kitchen, a hard money lender, as they break down a live fix-and-flip deal in Kellogg, Idaho. This case study dives into how Nick sourced a $260K off-market property through a wholesaler, secured a $270K hard money loan with rental property collateral, and plans a $13K cosmetic renovation to net a projected $49K profit. Learn the ins and outs of real estate investing, from analyzing deals and funding with hard money loans to navigating networking and community engagement for deal flow. Perfect for real estate investors, agents, and small business owners aiming for financial freedom in 2025!

Key Takeaways:

• Source fix-and-flip deals through networking with wholesalers for better margins.


• Use rental property equity as collateral to secure hard money loans with minimal cash outlay.


• Budget conservatively for renovations and holding costs to protect wealth building.


• Leverage deal analyzers (available at northidahorei.com) to project profits accurately.


• Community engagement drives deal opportunities and long-term success in real estate.

Sound Bites:

• “I like to pick up deals like a bag of money I found on the ground.”


• “The wholesaler’s getting their taste—$10,000 for their work.”


• “If I’m making more than $30K, I’m happy.”

Chapters:

00:00 - Introduction and Podcast Banter

02:34 - Why Case Studies Matter for Investors

04:58 - Sourcing the Kellogg Fix-and-Flip Deal

09:36 - Renovation Plans and Budget Breakdown

16:40 - Funding the Deal with Hard Money and Collateral

25:58 - Using the Deal Analyzer for Profit Projections

35:21 - Partnering with Private Money (Jeremy’s 401k Loan)

43:31 - Benefits of Cross-Collateralization

59:28 - Final Thoughts and Community Engagement

Why Listen?

This episode is a goldmine for real estate investors and agents looking to master fix-and-flip strategies in 2025. Nick shares his step-by-step process for sourcing, funding, and flipping a Kellogg property, while Jeremy explains lending from a 401k for wealth building. Get actionable tips to boost your investing game and connect with our investor community!

Join Our Investor Community!

Network with like-minded investors every Tuesday at 8:30 AM PST on our FREE Investor Mastermind call via Skool. Visit northidahorei.com for the link and to explore real estate services or agent referrals in North Idaho and beyond.

🔗 Connect with us:

Official YouTube Podcast Page: https://www.youtube.com/@TheInvestorShed

Nick Beveridge’s YouTube Page: https://www.youtube.com/@NickBeveridge

Real Estate Website: northidahorei.com

Facebook: https://www.facebook.com/profile.php?id=100063653307069

Instagram: https://www.instagram.com/theinvestorshed/

Hashtags:

#RealEstateInvesting #FixAndFlip #FinancialFreedom #WealthBuilding #HardMoneyLoans #RealEstateCaseStudy #InvestorShedPodcast #RealEstateAgent #NorthIdahoRealEstate #CommunityEngagement #InvestingTips #KelloggRealEstate #SmallBusiness