Elizabeth's Journey: Her First Flip Into a Midterm Rental in California

You're listening to the Flip Houses Like a Girl podcast, where we educate, empower and celebrate everyday women who are facing their fears, juggling family and business, embracing their awesomeness and wholeheartedly chasing their dream of flipping houses. Each episode delivers honest to goodness tools, tips and strategies you can implement today to get closer to your first or next successful house flip. Here's your spiky-haired breakfast taco-loving host. House flipping coach Debbie DePiri.

Hey, thanks for hanging out with me today. You're gonna love this interview. I know I say that every time, but it's true. So today's episode is all about Elizabeth in California and her first furnished rental, which she is doing as a midterm rental, which, if you don't know what a midterm rental is and how it differs from a short-term rental, let me do a little bit of teaching right now. So a short-term rental is typically anything less than 29 days. It's usually a weekend, it's usually a few days, maybe a couple weeks, but it's technically classified as fewer than 29 days. A midterm rental is 30 days or more, and typically it's 30 days, maybe three months, maybe up to six months, and then anything beyond that really is considered your traditional long-term rental. So midterm rentals are a beautiful sweet spot that I've been talking about for years that is still not as well known, especially as short-term rentals. So it's more of a sleeper category of furnished rentals. It's definitely grown recently and the reason why is because a midterm rental is basically your workaround to wanting a furnished rental in an area that maybe it's really highly regulated. So short-term rentals aren't actually allowed. The rules around short-term rentals are different in every city, so one city it might be that short-term rentals are only allowed if it's an owner-occupied property, or it might be that there are a thousand short-term rental permits only. Or it might be that you can't have another short-term rental property. There can't be another permit within 50 feet of your property. Like I said, the rules and regulations can look many different ways. The point is a lot of people because of the tight regulations, the workaround is having a furnished rental but requiring 30-night bookings or greater. So that is a workaround. Another reason why people like the midterm market better reason being I have found that I can compare. I can run a property as a short-term rental and as a midterm rental, and short-term rentals typically have way more expenses. So I've got more cleaning expenses, I've got more wear and tear. I've just got more expenses on a short-term rental. If that same property is used as a midterm rental instead, there's a lot less wear and tear, fewer groups coming in and out. So at the end of the day they could be even, or the midterm rental actually often outperforms. It really just depends on the market. Obviously, a beach market short-term rentals are fantastic. Or a really cool destination property Maybe it's secluded, maybe it's on the lake those are clear short-term rentals. But if you've got traveling nurses or traveling professionals, anything like that where people come in and hang out for a while for a month, two months, three months or people are relocating a lot nomads, people who are remote workers, who can work from wherever they want to be and they want to escape the heat of Austin, texas, like I am, and I'm in Santa Fe right now in my newly listed midterm rental so it's a different kind of market, it's a different category of furnished rentals and I love them. So now that we've differentiated between midterm rentals and short-term rentals, let's get into this conversation with Elizabeth. She's going to walk us through her first furnished rental flip. Let us know who you are and where you are, what you're up to and any other little background information you want to.

Okay, so my name is Elizabeth, I am in Modesto, california, and what a little bit about me is. I am a mother and I like to think of myself as a giver, and I learned a long time ago, back when I graduated college and I took my first job, that I will never, ever do something to earn money, just to earn money. This is my first position. I went to school for fine art and graphic design and art history minor. Oh cool. Yeah, my dream was to make and illustrate children's books, but even then I was like I know, I'm not going to do this until after my kids whatever kids I have are grown and out of the house. I just didn't see that. So I was like, okay, how am I going to still from here to there? Oh gosh.

It's a long time to fill.

Yes, it is. But I was like you know what I really enjoy? Art. I feel fulfilled with it and I want to make other people happy. But how am I going to make money? Because I know it's going to take me a long time as a fine artist to figure that out. And I got my first job as a graphic designer. I was like, hey, I can put bread on the table for that. And I realized very quickly I hate it. I hate it. Oh, working at the computer, you know, meeting those deadlines. And then I was like I'm not impacting people and I felt that. And my roommate at the time was a recreational therapist and she'd come home with these filling, these stories of just how she touched her resident's heart every single day. I was like I want to do that. So I had moved from central Pennsylvania up to Long Island, was commuting into Manhattan that's where we lived and so within three and a half months of realizing you know, I was crying every day into work, crying on the train on the way home, and it was like it wasn't for me. But I had. I know I had to go through that to know that I didn't miss it.

Yeah.

So I can move back home, got an assistant physician as a rec therapist, loved it. I was like I'm soul searching. And I soul searched and said, okay, I don't want to do this as a career, but you know, what I really like over here is fitness. It's embodying me. I like to be fit and the retirement community I was working for was building this huge, whole new fitness center Olympic sized swimming pools, heating up all the things, and they're going to be hiring all the stuff. So I went to the director of that department and I said I want to be here. I said what do I need to do to be here? So she told me and we had to negotiate with my boss and the data for me to transfer. So, anyway, work my way up to be in charge of the fitness department thereafter a couple of years and manage people there and then was like, okay, I'm grown here, I want to learn a different aspect. So I went to the private gym sector after that and in the meantime I had my first son and I went back after having I left this wonderful nurturing environment, for residents were crocheting me blind. I mean it was. It was the most. I mean gosh, you walked away every day feeling you've touched somebody's life and they don't. I don't know if they realized how much I got from them as well. That's what I learned that age is a mind sense. I was like it's all in your mind to see these 80 year olds pretending to run on the pool deck and ball into the deep bed and I'm like, oh my God, life's burning on. Oh no, no, running on the pool deck. You know they're like, oh, I mean. And then people in wheelchairs. They couldn't do hardly anything to themselves, still coming out when I was in activities going and I'm like I remember asking this one lady is like, how do you do it? She goes what else am I going to do? Why be miserable on my last time on earth? I might as well enjoy what I have, and this is why I like coming out and doing things with you. I was like, oh, okay. And I was like, wow, her name was Sylvia and I still remember her all these years, 23, five years later, I'm like who was my, my aha being a mindset. So then, through that, I went through the private gym sector and managed that for a while, had baby one, baby two. I decided I'm stepping back because I like to give my all to what I'm doing and I didn't want to feel split between my children. And so we made that change and I became a state home mom for like the next 12 years and that was wonderful. I mean wonderful I could give to my kids. I was, you know, I'm still volunteering. I'm sorry, I'm doing everything I was before plus now raising my babies. You know we ended up having three being there for them in their schools, doing, you know, being involved in their activities, doing girl scout towards gouts, all the stuff, right, all the things. And then pandemic came. You know we're in the gym business and those got shut down, with California opening and then closing, and then we open and we close. That's not a lot of I don't know. A lot of people don't realize how much is involved with even shutting down a bit. You think, oh, you just shut the doors, oh no, from one that is 24 hours, seven days a week, to then figure out how am I going to close this?

Right.

Establishing procedures and reopening and financial commitment that is involved in that. So it became, you know, scary because it opens and floats. And then we're like, is it going to open again? Is the governor going to let this happen? So we're sitting here, I'm doing like this, things are going on longer and longer and I'm going oh my gosh, I was like you know what? I felt like I needed to do something. I was like I've had such a privilege and a gift for my husband. He was always so supportive and he's like always believe what I was doing at home was absolutely essential. It let him do what he needed to do. He goes raising good children and we're a team, you know, whatever. So I was like I need to do something, because when we go back, things are gonna open, but I'm not sure what it's gonna look like and I don't wanna say no to my kids. You can't do this because we don't pay for it. So that was my ultimate motivation. My friend owned a cleaning business. Oh, okay, I reached out to her and said hey, you know, you've said a few times that you know, you don't know who you wanna hire. You know, bring other people into other people's homes and trust them because she really took that vulnerability. People was opening their homes and letting you in. She took that very seriously and she like wanna hire. So I reached out and said hey, you need some help, I'm here. And quickly after that, you know, a few months later, she said hey, we're moving to Oklahoma. And I was like what?

Oh, good grief.

Yeah. But she said, through soul searching and prayer, she said would you like to take over this? She's like I'm struggling, I don't wanna just hand it over to some bigger company. They're just gonna raise their rates and they're not gonna really care about these individuals. So we worked it out and I took over the cleaning business when she left and so I said, okay, this will allow me to say yes to my kids, no matter what. I was like you know, whatever happens, and so things reopen. You know things going back on. And I was like you know what Also through all this, you know, like a year later, half a year later. So I realized I was like you know what? What do I really wanna do If I was gonna go back? I was like I could expand this business and make it multiple. I was like within a year, I could have hired help. You know, I mean, everybody kept their cleaner during the pandemic. I didn't know anybody that canceled their cleaner, right? Yep, yeah, I'm wearing masks and gloves going to people's homes. And we still worked it out. So I then said, huh, the whole typical thing HGGB you're looking at, I always for years buying my own house years ago. Whatever, I would still check in, probably weekly Red Van Zillow, oh, what's going on here Because we're crazy and we are obsessed with houses, yes, yes. So I then was like producing podcasts and I saw your little logo and I was like, huh, what kind of girl, what's this? And I was like I mean, I was sold after the first one, but I listened to a few more episodes and I remember coming home and being like to my husband do you know, have you ever heard about hard money?

And he's like what I was, like we could do this.

I was like that when I heard that episode about and you talked about hard money, my mind was blown. I stopped and rewound it. I was like wait, wait, wait, wait, wait. Did I hear this again?

What is this wacky business she's talking about?

Yes. So I then was like, okay, did the interest call and, yeah, talked it out a little bit and yeah, there I am, I joined.

I love it and oh wait. So I wanted to ask, I'm just curious, you were in the Northeast, what took you to California? The gym business?

The gym business. Yeah, it moved. The people we work with moved from. They moved their business location from the East Coast to the West.

Okay, so let's talk about your first project. Okay, so you just recently, within the last few weeks, listed your first midterm rental right, your first furnished rental.

Yes, yes, this is my very, very, very, very first thing. So my longterm goal was to flip a few houses but also attain some properties for holding for longterm purposes and thinking online retirement and helping out with that. So I've been walking let's see. Well, you start with the team and then I started walking properties with my realtor and construction gentlemen who would help give me ideas and hone in if I'm offer on with estimations, and we all three of us, so my construction and my realtor and I. I found this on the MLS. Okay, I said, hey, let's go check this out. And I just had this like feeling. I'm like you're the little condo with the two bedroom, one bath condo, and I remember walking into the courtyard of where it is. It's one of like three condo complexes and they're they're each kind of separate properties a little bit, and mine, of course, is in the cutest condo menu. It's got like, of course, brick, you know, exposed brick in the black right on the fire and senses, and it's a. It's a half a mile barely from a hospital that's one of the big hospitals in in my city, nice. I walked in the courtyard and I just had this. It just came over me like feeling it just like, started from my head and just dressed itself all the way down my toes and I stopped and I looked at the court year and I went, oh, this is so cute and peaceful and quiet. And then I thought I would live here and this is my thought. And I thought, whoa, I heard that and I went, yeah, if I was a single, my goal to go towards medical professionals I was a single nurse or female doctor Like this is pretty good. And I walked inside and we toured it. My contract was like you don't need to do anything this place. I'm like, oh, no, it really was as we talked about it, was it? Definitely I could have just taken it and just paint everything and just had someone move into it, right, and I would have rented it for market value and it would have paid for itself Broken, even honestly, it's that kind of condition. But I was like, no, I want to do this through the traveling professional and the price point for that is going to demand a little bit nicer, because if I was coming in here and and paying for this, you know I'd want it to be a nice way. Yeah, so we're standing there talking about it in my real estate agent and we're talking numbers and, like you, know, worst case scenario if it's doesn't read as a furnished place what I could do with it. And she's like this would work. And I was like you really think so and you know I already kind of run some numbers. But I'll be honest, the rental side, I'm a little more. I wasn't so sure at that point really and I didn't quite understand everything and I'm still learning, yeah. But I in my gut I was like, oh heck, no, I think this is going to work and I just knew it. I think, even if the worst case with the HOA fees, it's going to work, yeah. And so I said, okay, let's do it.

So were you open to when you were out looking? Were you open to either one that came up like were you open to a flip or a rental, or were you just looking for a rental at this point or what? What was your process, kind of whatever.

I wanted to flip. Honestly and in the ideal world I was, I wanted to do a flip so then I could use the funds from that to fund purchasing a rental. But in the back of my mind I also knew I have funds to do one rental purchase and then after that what it either that or do now fund a rehab up to a certain degree for flip. So I had reserved, and so at that point I said, okay, the money's presenting itself, I haven't found a flip that's appropriate yet, but this rental will work. And so we did. I went home and I said, honey, he's like, go for it. You know he was all very supportive and so I put an offer in that what the house already had an offer or the condo already had an offer. But it ended up being that my real estate agent, the person who had the office in her office, her, it was a friend real estate agent in there, so they work in the same brokerage and so they talked and she said I know him and she goes, if you just come in even just a tiny bit higher, he's going to probably choose you. And plus, I was doing a hard money loan. That's what I figured I was going to do right and then refinance or something. And I'm talking to my hard money lender through all this and he's assuring me right, and so we put in the offer, and so we're up to the point of proving funds, I guess. And we get more nitpicky with the hard money guy and he was telling me I was like, cool, I can do this a little higher than normal. But you know, it's cool, be easy, I can still do this. And then he sent it to his underwriter, like God. He sent me a screen check because this is what the underwriter said I'm like and I went what. Like I got mad. I was like no, I was like this is no. The interest rate went way up. I guess I was still learning about arms and all these things. I was like I can't, even if I find a better deal the interest rate I can't do prepaint, I can't do prepayments, I'll have penalties. And I was like my, I was just mad and I was like no, I can do better. Yeah, so I made a call to a friend. This was a what day? This was like a Friday. I was like I don't have time to talk to her about this. She's busy doing her thing, I'm busy doing my thing. So come like Monday and then Tuesday passes. And I was just like, okay, whatever. So we ended up connecting Tuesday and I said this is a situation I'm paying skyrocket interest and being locked into something that I just don't feel comfortable and if I drop out of someone, lose my earnest money and which, okay, fine, I'm going to lose it. But anyway, she said, yeah, we can make this happen. I said, really, and this is going conventional. And I said, are you sure? Because this is my timeframe, I'm signed up, I'm under contract and I got a show proof of funds and this is going to be done in 21 days. And she's like, yep, she goes, I've closed sooner than that. I was like, as a conventional, she goes yes, as long as everything's good. And so we went through that process, but the whole time because showing proof of income and because my husband's an independent contractor, you know, every time I had communication it was more stuff I had to show from self and my stomach is just turning. And then huge knots. I had some freak out moments where I'd be panicking Seriously, like a panic attack like this isn't going to work. Oh my gosh, like I know we can afford it, but oh my gosh, I had to at one point remember stopping and I was sitting on my fireplace hearse, I said breathe, I'm going through my papers and I was like breathe. I was like and I said I was like channel Debbie. I said what would Debbie do? I said she'd say this is the problem. You're going to come up with a solution. That's do you need to get to that solution? I love it. She said don't make a decision when you're so freaking out.

Basically, yes, you listen.

What is it? I stopped and I breathed for like a minute or two. I said, ok, now listen to your body. Ok, your stomach is calmer, you're not having this tightness in your chest anymore. Yeah, and I was like, ok, you're now going to find this paperwork that you need and you're going to fax it over.

Oh my gosh, I love that and everything. Ok, it all worked out. So did you borrow money, enough money, for the purchase and then you used your own cash for the renovations, or what did you do?

I did just the purchase.

OK, so how much did you end up putting into updating the property? Because I would imagine you didn't like renovate. Did you you more updated, or OK?

So I would say it's an update, but there are some lessons learned in that and definitely cost more than what it should have. Ok, let's talk about those. Let's talk about the lessons. So I entered this project as a kind of grace. Well, I was like, ok, it's kind of smaller and I know it's still going to cost money, but it's also a test. This is me testing my team, it's me testing myself how are we going to work this out? And I knew I was like I'm going to learn things on here what I like, what I don't like to do and do the people that I'm connected with. Are they going to do what I think they're going to do? Yes, Yep. So through that I figured I was like, ultimately I allowed myself two months to do this project, to get it renovated and furnished, but secretly I was pushing for 30 days.

When did you close on the purchase?

So it got recorded on the 25th of October.

And what did you pay for it? I forgot to ask.

It was $221,000. Ok, ok, and I put it Go ahead, go for it. Down payment of $55,000. Ok.

And OK, so you go into it. You have a silent goal of 30 days, a spoken goal of 60 days. How did all that go? Oh, and what was your budget going into it, were you thinking?

I was figuring about $10,000 to furnish and supply everything for a full furnished place, and I was thinking between $10,000 and $12,000 for renovation costs for what I wanted to do to it. Ok, do you want me to tell you what it ended up being?

Yes, because you kind of led with that with your laughter. So I'm curious what actually happened.

OK. So with some of the laboring oupses that brought me up to $27,600 roughly. Ok. So I went over about $5,000, $5,000, $6,000.

Oh for the total for everything it was $27,000. Yeah, oh, for the furniture too.

Yes, oh, that's not bad. It's not bad, no, but if I didn't have my labor oupses I could have been right on target. Those were learning lessons To me. I kicked my butt in that, but I also was grateful for the learning experiences and, knowing that something, I kind of walked in going something's going to happen and I don't know what it is. Yeah, and so I was prepared and not really. When something did happen, I really. My husband was like are you upset? I was like, no, actually, I'm kind of like it proved me right. I'm trusty with my instincts and I'm just going to go with it. I can't cry over this right now because it's not going to do anything. So now I'm pivoting and turning. I quickly got it fixed, but it cost me money to do it and I walked in this project thinking I was going to do some things that I wanted to paint. I wanted to paint the condo and I've done all my own houses before and I wanted to tile the backsplashes in the kitchen and the bathroom. But I was trying to take some paint off the bathroom tub. They had painted just the exterior wall of it, not the inside them, and I couldn't get it off. So I ended up calling the gentleman who had painted my exterior of my current home over and I said do you refinished tubs? And it quickly went from refinishing tubs to painting my cabinets, to painting that whole gosh darn condo, I said, because he gave me such a good price for the tub. I quickly realized. Then too, I was like this is going to save me so much time. And, what's more important, you were right there in my ear, right here, like buzzing real loud what is more important to me. I was like I'm doing this because I want time, freedom and spending this extra money which I did not budget for that. Ok, I was like, no, this is good, I've just learned a lesson. Ok, I learned a lesson. Now I know for next time. When it came right down to it, I didn't want to do that, so I'm hired.

Isn't that an awesome awareness to have, though, right, and if you did want to do it, awesome and you did it, great. But you realize, actually I don't really want to and I kind of just want to hire it and get it done and be done with it and that's OK.

Yes, yes, and I realized too, because doing the house colors and all that, I have a friend who helped me, a designer, when I was refinishing my kitchen. She helped me. I came in with a big, broad idea and she helped me narrow it down. So I called her right at the back I said when can you come over? I need you to pick house colors. And I used words because I had thought about what I tell her is going to. She doesn't feel and think like the way I do, right, but I need to tell her words so I can get the result I want out. So I was very particular in the words that I used and describing how I want the place to feel. And so within that console she whipped up some colors. I was like, oh, you don't think that's too dark. She's like, no, did it get all this kind of stuff? I said, ok, you know what, I'm trusting you. Yeah, I'm trusting you. You just tell me what colors, what sheens. And that helped tremendously because for me to choose colors and tile in my own kitchen took me weeks.

I'm loving how much I'm hearing you leaning on other people and what they are good at. Yes, that's impressive, because a lot of people I don't want to make that phone call. I don't want to do that. I don't want to. No, make the phone calls, that's what they do. They're really good at that.

Use your people and, I'll be honest, I still struggle with that. Calling her was easy because I've dealt with her before. Yeah, calling my painter was easy because I've dealt with him before my contractor. Starting out with him was pretty easy because I knew him through other volunteer organizations. That feel pretty easy. The first time I called a hard money lender I was I was sweating under my armpits, like my house is cold and I'm shaking, I'm sweating, okay, but I hadn't dealt with them before and I'll be honest, the whole even right now Going forward when I get my first flip, that's gonna be a whole other ballgame of stuff that I don't know and I'm gonna have to go through and it's still scary Like I am scared right now, but I'm prepping up. I've started doing a little bit more research. I was like, okay, I've got this midterm thing. I still got to do some work on advertising it and getting this rolling, but it's doing great right now. But now I start shifting focus and get out there and do what you. You need to do the slip, because you need to prove to yourself that you can do it, follow through and Because there's a big thing here too. I also learned to trust myself in this process being.

You know what you're doing I was like trust yourself, but that's what it all comes down. It all every single time.

It always comes back to it, and that's a big thing, you know, because there's a lot, a lot of voices in there that are like pushing out yeah for sure, and You're preparing for the worst one. Really, it's probably not gonna happen, and probably not.

And if and if it does, you're prepared, you can, you can pivot, yeah, so okay. So you got it All done renovated, updated, furnished, listed it for rent. Did you get some bookings? Yeah, okay, so I that's the most exciting thing ever when you get your first booking on a property. It was exciting and absolutely terrifying.

And Both and yes. And I was like, oh my gosh, this is real. And so I started jumping up and down, I started crying and then I went. I was like I'm living this, but I was like, oh my gosh, no. I called my husband. He said what is it happening? I said tomorrow. He said tomorrow. I said yes, he goes, that means we have to go over there tonight and finish. I said yes Because what happens? As we were putting everything back together? You know we had tested everything. But I was like you know, I've never actually run the dishwasher through a whole cycle Covered, the dishwasher was turning on and it sounded good, but it wasn't having water coming in. So we had had a repair personnel already. We were waiting for the part, but we left the dishwasher open. The cabinet doors were off, you know, things were, and there were some other things. I was like, yeah, no one's right, I got some time. Well, I know they're coming in square afternoon. And so we went over after our scouting meetings and I was there from nine o'clock to like two o'clock in the morning Because you know, the last night I was like it's gonna be clean. I got it, yeah, ran out. I was like my, my gel from mattress topper thing didn't come in yet and they're coming in the morning and I got to come over here and then my then the, the guests are asking can they check in early? I was like, oh no, wait, yes, but no, because I had a countertop. My countertop installer had to come back because he had had to death in the family and I said, take, take some weeks, you know, come back. But he just needed to finish drilling a hole for the soap dispenser in the countertop, install two tiles for me in the bathroom on the floor, the baseboard tiles, and I was like, if it rents before that, we can totally do without that. But I already said yes to him to come in to finish that. And then this booking came in and I said, okay, well, you can come. But just to be full, honest disclosure, the dishwasher I just discovered and the part is in route, but we'll have to coordinate about that and I haven't seen the dishwasher and I don't know what to do about that. And I have installed. It's going to be there to 130. I was like, but more than welcome if you want to come drop off bags. You know, his name is Vince, I'll be there, but I have to leave, like whatever. Anyway, worked out, they came. I was actually there at the property when they showed up. I was able to give them a tour and they ended up being the sweetest friends ever my first booking nurses from texas, and the one who did the booking is she. They were both praising the condo and how it looked and she said she goes. Oh, I just feel like we were meant for each other and I was like oh, you've just opened my heart. You guys. Everything looks beautiful and I said you well, at that point I admitted you are my first guest, so please let me know if anything's missing. I wanna make it homey and cozy for you and Debbie. I've been loving it. The community I think there are such good guests in the communication back and forth has been wonderful and I'm loving this hosting thing so far.

I know, when I first started, that's how I felt too. I was like I'm surprisingly loving it, Like I didn't realize I would love it as much as I do. I love it. I love it so much. And what I found is the more transparent I am with people. There's like people are very forgiving. They're like they would rather know look, here's what's happening. I'm like Stuff happens. It's a house. Stuff happens. Things will break, but I'm fixing it Right. They just want to know. They just want to be in the conversation. It's interesting because most people who walk in the door I'll get a text immediately saying oh my gosh, we've gone into lots of furnished rentals and they're never like what they seem in the pictures. This place is even better. And it's like yes, that's exactly what we want. Because there is a lot of stuff out there where you walk in and you're like this isn't at all what it was like on the online and then to think that you're stuck in that for a month or two months or three months, that's terrifying. So I get that people want to be like is it really like that? Is it really like what you're saying? Yeah, but yeah, transparency and just being honest yeah, that's all you can do. It's all you can do.

No, it's so true, and that's what I was trying to be, because I was like I can't hide this. I mean, they're going to get there, they're going to know about it anyway, so let's not stay right away, right?

Don't make it weird. I'm glad you love it.

Yes, it's awesome. I want to do it again. I want to do both. I want to get another. I said honey. The next one I want to get is somewhere where we want a vacation.

That's what I do. Yes, those, those are awesome.

Yeah, Now where do we want a vacation? Right, but exactly.

If you had to name two of your biggest lessons learned on this project, what would you say they were?

Trust yourself. Trust and believe in yourself.

Big.

But verify.

Trust but verify.

And I guess because I didn't verify one little detail and it cost me.

That's good, that's good Trust, but verify. Nice. Thanks for being here, thanks for being a giver, thanks for being in our community and being an awesome flip sister. We appreciate you.

I love it, I love every second of it and I say my weekly Debbie dose.

I love it. I love it. I'll let you go. I know, I know I'm overdue. All right, I would sit here and talk to you forever, but I know we got to go. Same, I know we got to go life. I'll see you in the group. Bye, bye, thanks again, elizabeth. Thank you again, elizabeth, for sharing your story with us. You did it, you freaking did it. Now, listeners, if you aren't doing it and you want to be doing it, that is exactly what we do. Whether you want to flip to sell or flip to rent or both, that's exactly what we do. We teach you how to do that, we teach you all the steps, we walk you through all the steps, we hold your hand while you do all the steps and we support the heck out of you in our community Number one community, by far Number one program doing what we do. So if you are still sitting on the fence and you don't want to be sitting on the fence anymore, but you're scared, that's totally normal Go to herfirstflipcom and book a call with our team. All right, let's see how we can work together. All right, until next time, go out there, flip houses like a girl, leave people and places better than you find them and make it a great day. Bye, y'all.