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Updated almost 3 years ago, 02/26/2022

User Stats

2
Posts
5
Votes
Gavin Malm
  • Real Estate Broker
  • Albuquerque, NM
5
Votes |
2
Posts

4604 Jennifer Drive NE, Albuquerque, NM 87109

Gavin Malm
  • Real Estate Broker
  • Albuquerque, NM
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $165,000
Cash invested: $18,000
Sale price: $211,000

My first fix and flip. I used the money from this deal to launch my career as a real estate broker and investor.

Lessons learned? Challenges?

I could have found a better price on the initial purchase price and could have found cheaper materials/labor to further increase my margin.