First fix and flip property Austin Ave

[Brandy Gniazdowski]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $195
Cash invested: $60,000
Sale price: $300,000

Bought this run down property from an individual who was having severe money issues. He needed to rent back to me for a month and he got sick and ended up in hospital so wasn’t able to start for a few months after closing, This put me back a few months. I invested more into it than I should have, it was my first flip. I met several great and some not so great contractors.