Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
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 almost 3 years ago,

User Stats

31
Posts
16
Votes
JJ Espinoza
  • Investor
  • Los Angeles
16
Votes |
31
Posts

Advice on Flip in Cleveland

JJ Espinoza
  • Investor
  • Los Angeles
Posted

Hello - I am new to flipping homes in Cleveland and I need some advice, here is the situation: 

Situation

1. Purchased 3 bed, 2 bath in Parma OH for $83K

2. The tenant is not paying rent and we are in the process of evicting

3. Property needs new roof, new siding, rewiring of electrical and cosmetic interior rehab

Questions

1. If the tenant is removed, do you think we can sell the property for $100K?

2. If we can't sell for $100K, what repairs would you do above to maximize the profit on this flip?(roof, siding, rewiring of electrical, or cosmetic interior rehab)? 

Thank you!

JJ

Loading replies...