Fix + Flip project in Kansas City, MO

[John Otradovec]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $58,000
Cash invested: $32,000
Sale price: $145,000

Total cosmetic rehab including, interior paint, exterior paint, new roof, new flooring, new tile in shower, new fixtures and painting basement. Beautiful transformation and made great money!

What made you interested in investing in this type of deal?

BRRR strategy. Real estate is best option around to make great returns, both short and long term.

How did you find this deal and how did you negotiate it?

Found it through word of mouth and networking.

How did you finance this deal?

I am a Private Money Lender so did 90/100 financing!

How did you add value to the deal?

Update everything inside and out.

What was the outcome?

Sold for great profit.

Lessons learned? Challenges?

Keep on top of your contractors every single week!

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

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