Send us a text

Turning property rehab into a science with a foolproof scope of work system that takes just 30 minutes to create and protects your profits on every project.

• Creating a solid scope of work (SOW) sets expectations, controls budget, and builds confidence with lenders
• Organize observations into categories: exterior, interior, and mechanicals
• Tag each item as Repair, Replace, or Leave to bring structure to gut instincts
• Focus improvements on what matters: clean, safe home with nice kitchen, bathrooms, and curb appeal
• Leave some tasks for new homeowners to complete—they'll want to make it their own
• Use past project costs and trusted contractor input for accurate pricing
• Always add at least 10% contingency for surprises (there will always be some)
• Avoid vague language, be extremely specific about what needs to be done
• If something changes during the project, update the scope document immediately

Want an example of our rehab scope of work document? Click on the link in the show notes and you can grab it for free.

CLICK HERE for an example of the SOW we use on our projects.

Want to learn how to flip houses or buy and manage rental properties?

CLICK HERE to learn more about Clark St Investor's Academy.

Send us a text

A systematic property walkthrough separates successful house flippers from hopeful amateurs by helping you spot red flags, estimate rehab costs accurately, and avoid profit-killing surprises. This episode provides a complete six-part inspection checklist that serves as your blueprint for evaluating potential flip properties with confidence.

• Begin with exterior inspection including roof condition, siding damage, window quality, foundation issues, and drainage problems
• Evaluate interior structure by checking walls, ceilings, floors, and layout functionality
• Inspect mechanical systems thoroughly – HVAC, electrical panel capacity, and plumbing are potential budget-busters
• Pay special attention to kitchens and bathrooms as they drive buyer decisions and renovation costs
• Don't skip the basement or crawl space as they often reveal hidden problems like moisture and structural issues
• Look for bonus factors including problematic odors, pest evidence, DIY disasters, and curb appeal potential

If you'd like a copy of my checklist, I'll put a link in the description below so you can download it for yourself.

Want to learn how to flip houses or buy and manage rental properties?

CLICK HERE to learn more about Clark St Investor's Academy.

Send us a text

Most aspiring house flippers never get started because they lack a clear blueprint for success. This episode breaks down one critical aspect of the house flipping process: when to follow and when to break the common "three bids" rule for hiring contractors.

• The three-bid rule helps compare prices, avoid getting ripped off, and keep contractors honest
• Follow the rule when in new markets, for big-ticket items like roofs and HVAC, and for volume trades like flooring
• The goal isn't finding the cheapest bid but spotting outliers and confirming the average price
• Break the rule when you have trusted pros, when time is critical, or for simple scope jobs
• Standardize your scope in writing and send identical versions to all contractors
• Pay attention to who shows up and follows up—this predicts their actual performance

If today's episode helped you move one step closer to your first or next deal, follow us wherever you get your podcasts so you never miss a show. I'm grateful to be part of your journey. Now get out there and get cracking!

Want to learn how to flip houses or buy and manage rental properties?

CLICK HERE to learn more about Clark St Investor's Academy.

Send us a text

Direct mail remains one of the most effective ways to connect with motivated sellers when done right, helping real estate investors find off-market deals even in competitive markets. This episode provides a seven-step blueprint for creating direct mail campaigns that build trust and generate real estate opportunities.

• Start small by focusing on just one town you know extremely well
• Target motivated sellers facing real challenges (vacant homes, pre-foreclosures, tax liens, code violations, divorce, probate)
• Follow the "law of seven touches" - consistency builds trust over time
• Approach sellers with genuine empathy and understanding of their situation
• Focus on the outcome and relief you're offering, not just buying their house
• Keep your call-to-action simple - just ask for the meeting
• Position yourself as someone worth meeting, not trying to close the deal in a mailer

Thanks for listening to Demos to Dollars. If today's episode helped you move one step closer to your first or next deal, do me a favor follow us wherever you get your podcasts so you never miss a show. I'm grateful to be part of your journey. Now get out there and get cracking.

Send us a text

In this inaugural episode of Demo to Dollars, Ed Mathews shares his practical strategies and tactics for flipping houses, even if you're starting from scratch.

Ed addresses common hurdles such as lack of time, finding deals, and raising capital, offering real-world solutions drawn from his 14 years of experience in the field.

Each episode promises to deliver concise, powerful lessons to help you navigate and succeed in house flipping.

Ed's aim is to pay forward the mentorship he's received and guide you step-by-step to your first or next successful deal.

00:00 Introduction to Flipping Houses

00:58 Common Roadblocks in House Flipping

01:47 Why Share Flipping Strategies?

02:27 Episode Structure and What to Expect

02:59 Conclusion and Next Steps

Want to learn how to flip houses or buy and manage rental properties?

CLICK HERE to learn more about Clark St Investor's Academy.