Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 11 years ago on . Most recent reply

User Stats

736
Posts
752
Votes
David Robertson
  • Flipper/Rehabber
  • Kansas City, MO
752
Votes |
736
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

736
Posts
752
Votes
David Robertson
  • Flipper/Rehabber
  • Kansas City, MO
752
Votes |
736
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

Loading replies...