Updated over 11 years ago on . Most recent reply
Newest Flip On Market- Pics, Projected Profit, How I Found It
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.