House Flipping Adventure Quiz

What was the purchase price of the house featured in the video?

• $10,000

• $5,000

• $15,000

• $20,000

What was one of the main challenges mentioned about managing the project?

• The house had no roof

• The house was in a different city

• The house was too small

• The house was already renovated

What was the condition of the house during the initial tour?

• It was newly built

• It was falling apart with code violations

• It had minor issues

• It was in perfect condition

What security system was used to monitor the house during renovation?

• Nest

• SimpliSafe

• Ring

• ADT

What was the main reason for choosing durable materials for the renovation?

• To make the house look luxurious

• To match the neighborhood style

• To ensure long-term durability and low maintenance

• To increase the resale value

What was the final market value of the house after renovation?

• $120,000

• $100,000

• $200,000

• $150,000

What was the monthly rent planned for the renovated house?

• $1,300

• $900

• $1,100

• $1,500

Why did the team decide to keep the house as a rental property?

• The house was not fully renovated

• They couldn't find a buyer

• Brownwood was a better rental market than Austin

• The house was too small to sell