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Updated 9 months ago on . Most recent reply

User Stats

536
Posts
266
Votes
Dan Guenther
  • Real Estate Agent
  • Longmont, CO
266
Votes |
536
Posts

Fix and Flip turned BRRRR in Longmont CO

Dan Guenther
  • Real Estate Agent
  • Longmont, CO
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $360,000
Cash invested: $80,000

This was initially a fix and flip deal that turned BRRRR. We got the property off market at a great price and decided that the location and future opportunity outweighs the benefits of a quick resale. We are still working on deciding the best exit strategy at this time but are leaning towards STR or Group Home for increased returns.

Most Popular Reply

User Stats

536
Posts
266
Votes
Dan Guenther
  • Real Estate Agent
  • Longmont, CO
266
Votes |
536
Posts
Dan Guenther
  • Real Estate Agent
  • Longmont, CO
Replied

@Rory Korpela - Thanks! Longmont is my homebase and primary market on the agent and investment side. I'm actually hosting my Meetup this month (5/23) at the house if you are in the area and want to stop by to meet some local investors let me know. 

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