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Updated over 10 years ago on . Most recent reply

User Stats

287
Posts
171
Votes
Jonathan C.
  • Real Estate Investor
  • Nashville TN
171
Votes |
287
Posts

Newest Flip On Market- Pics, Projected Profit, How I Found It

Jonathan C.
  • Real Estate Investor
  • Nashville TN
Posted

Bought this from a wholesaler I found.  This person reached out to be because I send a property advertisement flyer out to about 6,000 Realtors about once a month advertising a property I've renovated for sale and letting them know I'm always looking for deals.  I've found this to be a great way to build credibility and awareness among Realtors.

Details:

Buy: 147k

Rehab: 75k

Sale (Projected): 300k

Profit (Projected): 37k

Problems:

Kitchen is too small and galley style, which I did not want.  Misunderstanding with contractor resulted in him putting the door to back yard there instead of in the dining room like I wanted.  I ended up having him extend the kitchen out into the dining room to help somewhat.  

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