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Updated 5 months ago, 06/27/2024

User Stats

232
Posts
66
Votes
Julie Muse
Professional Services
  • Flipper/Rehabber
  • North Georgia
66
Votes |
232
Posts

Shalom Dr Flip: Profitable Spring Hill Success with Mark Cantieri!

Julie Muse
Professional Services
  • Flipper/Rehabber
  • North Georgia
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $225,000
Cash invested: $26,564
Sale price: $340,000

Contributors:
Peter Vekselman

Partner Driven, in collaboration with Mark Cantieri, successfully completed a fix-and-flip on Shalom Dr, Spring Hill, FL 34606. We purchased the home on 3/1/2023 for $225,000, invested $26,564 in renovations, and sold it for $340,000 on 5/12/2023. This deal showcased our effective renovation strategy and commitment to delivering profitable outcomes. The partnership with Mark Cantieri exemplified our collaborative approach to maximizing property value through strategic investments.

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

Partner Driven was interested in the Shalom Dr deal in Spring Hill, FL, due to its high profit potential. With a purchase price of $225,000 and a sale price of $340,000, the property promised substantial returns. The $26,564 renovation budget presented a clear opportunity to add value. Spring Hill's growing market further enhanced its appeal. Partnering with Mark Cantieri provided valuable local insights, making this an attractive and strategic investment for Partner Driven.

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

We found the Shalom Dr deal through our partner, Mark Cantieri, who identified the opportunity and brought it directly to us. Leveraging Mark's local market expertise, we secured the property for $225,000. Together, we negotiated favorable terms with the seller, ensuring a beneficial deal. This collaboration underscores the importance of strong partnerships and local insights in identifying and negotiating profitable real estate opportunities.

How did you finance this deal?

Partner Driven financed the Shalom Dr deal using its own capital, covering the $225,000 purchase price and $26,564 in renovation costs. This approach allowed us to move quickly and efficiently, ensuring the project stayed on track. Our financial support demonstrated our commitment to providing the necessary resources for successful real estate investments, enabling a smooth and profitable transaction in collaboration with our partner, Mark Cantieri.

How did you add value to the deal?

Partner Driven added value to the Shalom Dr deal by investing $26,564 in targeted renovations. These updates modernized the property, improved its curb appeal, and significantly increased its market value. Our efficient project management ensured the renovations were completed on time and within budget. Additionally, our strategic marketing efforts highlighted the property's new features, attracting buyers quickly. These efforts boosted the property's value, leading to a successful sale.

What was the outcome?

The outcome of the Shalom Dr deal in Spring Hill, FL, was highly successful. Partner Driven and Mark Cantieri purchased the property for $225,000, invested $26,564 in renovations, and sold it for $340,000 on 5/12/2023. This transaction showcased our effective renovation strategy and project management skills, resulting in a substantial profit. The deal highlighted the strength of our partnership with Mark and our commitment to delivering outstanding results through strategic investments.

Lessons learned? Challenges?

The Shalom Dr deal taught us valuable lessons and presented challenges. Managing the $26,564 renovation budget required careful oversight to ensure timely completion. Coordinating contractors and staying on schedule were key challenges. Despite these, the successful sale at $340,000 highlighted the importance of strategic planning, effective project management, and strong partnerships in maximizing profitability in real estate investments with Partner Driven.

  • Julie Muse
business profile image
Partner Driven
4.5 stars
76 Reviews