TheBitCast

How We're Turning One Property Into Two — and Creating Value Ourselves | Ep 142

Podcast: Furlo Capital Real Estate Podcast · James Furlo

Opublikowano: 2026-09-09

We bought a rundown house on a quarter-acre lot for $205,000 — and we're splitting it into two lots, patching up the original house just enough to sell it near breakeven, and building a brand new home on the other half. Do the math and the lot is essentially free. Key Moments (00:00) Introduction(00:53) Why This Isn't a Classic Fix-and-Flip (and a Costly Tax Lesson)(02:20) Inside the $205K House (And Why It Smells Like Money)(04:37) The Real Numbers: How Splitting This Lot Pays for Itself(08:38) Builders, Timelines, and the Kid Who Picked the Faucets(11:35) How We Fu...