Mount Zion Blvd Triumph: Profitable Flip with Jamari Spruell

[Julie Muse]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $165,000
Cash invested: $25,000
Sale price: $234,900

Partner Driven, in collaboration with our partner Jamari Spruell, successfully completed a fix-and-flip deal on Mount Zion Blvd, Ellenwood, GA 30294. We purchased the property for $165,000 on 12/20/2023, invested $25,000 in repairs, and sold it for $234,900 on 3/28/2023. This transaction highlights our ability to strategically invest in properties, perform targeted renovations, and achieve profitable outcomes. Our partnership with Jamari Spruell exemplifies our commitment to delivering outstanding results through collaboration and effective real estate investment strategies.

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

We were interested in the Mount Zion Blvd deal in Ellenwood, GA, due to several key factors: Profit Potential: The property offered a clear profit margin, with a purchase price of $165,000 and a sale price of $234,900. Strategic Location: Ellenwood is a growing market with high demand for renovated properties. Manageable Renovations: The $25,000 needed for repairs was a reasonable investment to enhance the property's value. Partnership with Jamari Spruell:

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

We found the Mount Zion Blvd deal through our partner, Jamari Spruell, who identified the opportunity and brought it directly to us. Jamari's local market knowledge was crucial in securing the property for $165,000. Our combined expertise and strategic approach enabled us to negotiate favorable terms, ensuring a successful fix-and-flip transaction for Partner Driven. This collaboration highlights the value of strong partnerships in finding and negotiating profitable real estate deals.

How did you finance this deal?

We financed the Mount Zion Blvd deal using Partner Driven's capital, covering the $165,000 purchase price and $25,000 in repair costs. This approach allowed us to move quickly and efficiently, ensuring the project stayed on track and was completed without delays. Our financial support highlighted our commitment to providing the necessary resources for successful real estate investments. After the sale, we split the profits 50/50 with our partner, Jamari Spruell.

How did you add value to the deal?

We added value to the Mount Zion Blvd deal by implementing several strategic actions. First, we invested $25,000 in targeted repairs and renovations to enhance the property's appeal and functionality. This included necessary updates and improvements that significantly increased its market value. Additionally, our efficient project management and marketing strategies ensured the property was presented attractively to potential buyers.

What was the outcome?

The outcome of the Mount Zion Blvd deal in Ellenwood, GA, was highly successful. We purchased the property for $165,000 on 12/20/2023, invested $25,000 in repairs, and sold it for $234,900 on 3/28/2023. This quick and profitable transaction highlighted our effective fix-and-flip strategy. After the sale, we split the profits 50/50 with our partner, Jamari Spruell. This deal underscored Partner Driven's commitment to delivering outstanding results and maximizing returns through strategic actions

Lessons learned? Challenges?

The Mount Zion Blvd deal taught us key lessons and presented challenges. Targeted, cost-effective repairs significantly enhanced property value. Partnering with local experts like Jamari Spruell was crucial for profitable deals. Efficient project management and quick execution maximize returns in fix-and-flip strategies. Challenges included managing the $25,000 in repairs on time and within budget and timing the sale to market conditions. These experiences highlighted the importance of strategic