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Updated about 1 year ago on . Most recent reply

Alexa Davison's profile image
Alexa Davison's profile image
Alexa Davison
  • Real Estate Agent
  • Member since Dec 4, 2023
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14
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5
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Alexa Davison's profile image
Alexa Davison's profile image
Alexa Davison
  • Real Estate Agent
  • Member since Dec 4, 2023
Connect
Alexa Davison
  • Real Estate Agent
5
Votes |
14
Posts
Real Estate Deal Analysis & Advice

Fix&Flip turned Buy&Hold

Alexa Davison
  • Real Estate Agent
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $350,999
Cash invested: $500,000

Major learning experience with location on this single family fix and flip. Was supposed to sell in late 2022/early 2023 and instead turned into a short term rental. Now have a property management company running the property for the time being. Has this happened to you? How did you bounce back?

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