Incipio Academy
Watch the trailer

Course N°146Real Estate

Flip Math: Renovation Deals That Actually Profit

with Incipio Studio

Original curriculum by Incipio Academy

Underwrite, buy, renovate and exit a property flip using the same numbers professional developers use. Includes rehab budgeting, contractor control and exit planning that protects your margin.

20 lessons20 videos7h 16mIntermediateLifetime access

What you’ll walk away with

Skills, not certificates of attendance

01Underwrite a flip to ARV, rehab cost and true net profit
02Build a line-item rehab budget a contractor can price
03Structure bridge or private finance without killing returns
04Control contractors with scopes, stages and change orders
05Choose between selling, refinancing or renting at exit

Curriculum

4 chapters · 20 lessons

7h 16m total
01Underwrite Before You Fall in Love
+
  1. 1Pulling Comps That Hold Up at ValuationVideo
    21:30
  2. 2ARV, Not Asking Price: Setting Your CeilingVideo
    18:45
  3. 3Why the 70% Rule Breaks in Real MarketsVideo
    16:20
  4. 4The Full Cost Stack: Holding, Finance, Fees, TaxVideo
    27:10
  5. 5Three-Scenario Modelling: Base, Slip, DisasterVideo
    24:05
02Buying the Right Box
+
  1. 1Deal Flow: Agents, Probate, Auctions and Direct MailVideo
    25:40
  2. 2Walkthrough Red Flags: Damp, Structure, ServicesVideo
    29:15
  3. 3Survey Results as Negotiation AmmunitionVideo
    19:50
  4. 4Bridge, Hard Money and Private Lenders ComparedVideo
    31:25
  5. 5Offer Structures That Protect Your DepositVideo
    17:35
03Running the Build Without Bleeding
+
  1. 1Writing a Scope of Work Three Builders Can QuoteVideo
    28:50
  2. 2Vetting Contractors: References, Insurance, CapacityVideo
    22:15
  3. 3Stage Payments and Retention That Keep PaceVideo
    20:40
  4. 4Change Orders, Contingency and the 10% RuleVideo
    18:05
  5. 5Weekly Site Cadence and Photo ReportingVideo
    14:30
04Exit, Tax and the Next Deal
+
  1. 1Spec Level and Staging for the Target BuyerVideo
    23:20
  2. 2Pricing to Sell in 30 Days, Not 130Video
    19:10
  3. 3Sell, Refinance or Hold: Running the ComparisonVideo
    26:45
  4. 4Tax Treatment, Entity Choice and Record KeepingVideo
    24:55
  5. 5Deal Post-Mortem: Building Your Cost DatabaseVideo
    15:40

Your instructor

Incipio Studio

Original curriculum by Incipio Academy

Incipio Studio is the academy's in-house curriculum team. Studio courses distill proven playbooks, frameworks, and operator interviews into structured, do-this-next lessons, researched and produced by Incipio Academy.

I walked away from two deals I would have bought last year, then made 18% net on the third. The rehab budget template alone paid for the course.

Verified student

$27one-time · yours forever

Or get all-access for $69/mo

This course plus every other one, new drops the day they land, and half-price live tickets.

Compare plans →
20 lessons, 7h 16m
20 videos
— All future updates included
— 30-day money-back guarantee