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Updated about 11 years ago on . Most recent reply

User Stats

734
Posts
750
Votes
David Robertson
  • Flipper/Rehabber
  • Kansas City, MO
750
Votes |
734
Posts

First Flip Done!

David Robertson
  • Flipper/Rehabber
  • Kansas City, MO
Posted

First flip done! Thanks everyone for your help throughout the process! It wasn't always easy, and I had to get my hands dirty on a couple things, but all and all, it was a success. We had multiple offers within the first 2 days of listing and had an accepted offer at full list on the 3rd day!

See the listing below for pictures :

http://www.weichert.com/44251864/

  • David Robertson
business profile image
FlipperForce

Most Popular Reply

User Stats

734
Posts
750
Votes
David Robertson
  • Flipper/Rehabber
  • Kansas City, MO
750
Votes |
734
Posts
David Robertson
  • Flipper/Rehabber
  • Kansas City, MO
Replied

Jenkins,

The house needed quite a bit of work from top to bottom. Overall we spent $39,000 and had around $38,000 budgeted, so a little overbudget, but not too bad. Here's a list of repairs and approximate costs:

New 100AMP service w/ all new copper wiring throughout: $3,000
New roof $4500
7 new windows: $2500
Drwall patching/texturing $3000
New doors/trim throughout: $1800
Hardwood flooring material (I installed): $600
Carpet: $2800
Tile: $800
Bathrooms: $2500-3,000 a piece
Granite countertops: $1500
Paint Material (I painted): $1000
Garage Doors: $1200
Appliances: $2000
And a whole bunch of miscellaneous stuff (it's on a spreadsheet somewhere)=$39,000

Purchase price was $54,000 and have a pending offer at $120,000 which was our goal from the start. We should make around $17,000 on the project.

I'm glad you like the new shutters, the old shutters that were on the house had BATS living behind them! So that was interesting...

The kitchen cabinets were just painted white.

  • David Robertson
business profile image
FlipperForce

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