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Updated about 5 years ago on .

User Stats

31
Posts
21
Votes
Brandon Michielli
21
Votes |
31
Posts

Quick paint and carpet flip 2 month turn.

Posted

I wanted to share a quick 2 month flip deal we did in Spokane WA on the south hill. Also a shout out to Aaron Farr for selling this place for me.

we purchased this home for $215,000. Put $30,000 in clean up and repairs. New counter tops, flooring, paint, dishwasher, and basement carpet. Aaron Farr was able to sale it for us for $310,000 and we closed last week.

We did run into a extensive list of repairs from the inspector that were unforeseen. Total repairs from inspector was about $5,000. Aaron advised me to get homes inspected before purchasing. It was a lesson learned and fortunately one that didn't make a deal go backwards. I also learned that for an affordable price you can have an inspector come through and inspect a house before you list it. Our first offer on this house actually fell through because of the first inspection report.

If your getting into flipping I highly recommend doing this. The house would have sold 2 weeks sooner and I could have been ontop of the repairs I previously didn't even know about