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Updated over 2 years ago,

User Stats

14
Posts
3
Votes
Eric Northrup
  • Investor
  • Florence, KY
3
Votes |
14
Posts

It all started with Weaver - Feel Good Story

Eric Northrup
  • Investor
  • Florence, KY
Posted

It all started with this property we call, WEAVER. Weaver was a house that was neglected for 7 years in one of the most family-friendly streets in Cold Springs, KY. I was presented with an opportunity to finance and partner on this deal. While we could have put “lipstick on a pig,” which means do the bare minimum and make a large profit while hiding problems. This is what can give “flippers” a bad reputation.

After developing a friendship with the previous owner, both Brandon (my partner) and I, decided we wanted to redeem this property as our first project, from a major eye sore to a tremendous blessing to the next owner or renter. We made a promise to send the previous owner pictures after the renovation was complete to show her the before and after. We invested a large amount of money (very large) and did a complete renovation, updating and fixing everything about the house. We learned a lot about ourselves, the importance of systems and processes, and the value of reliable and qualified contractors to do the work. The project took a total of 7 months (longer than we initially thought) as we outsourced everything and worked full-time jobs. Here was the biggest surprise…The appreciation and gratitude that came from everyone on this family-friendly street. I couldn’t believe how many people asked to go inside and marvel at the transformation of the house. Thanking us over and over. This was by far, worth more than any amount of profit we could receive. A sense of purpose, accomplishment, and pride in what we were able to do with the house birthed that day and how Northern Lights Properties came to exist. 

I absolutely LOVED the previous job I had (Pastor) and was able to bless people in so many ways. I had great pay, unbelievable work/life balance, however, I couldn't justify staying in a job and still pursue real estate. As I transitioned from the job, a lot of transition has happened in the last month. We are excited (and very nervous) of all the change but are reminded that this is what it means to walk by faith. It's a struggle, it's hard, many times I wonder why in the world did I leave a job that I absolutely love. It’s the moments where you see redemption play out in front of your eyes that spurs you to press forward. Thanks Weaver.

https://www.zillow.com/homedet...