Quick Flip Success: Profits in Paola with Jamie Munden!

[Julie Muse]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $80,000
Sale price: $115,000

Contributors:
Peter Vekselman

Partner Driven, in collaboration with Jamie Munden, successfully completed a quick flip on 206 W. Kaskaskia St, Paola, KS 66071. We purchased the home on 02/22/2023 for $80,000 and sold it for $115,000 on 04/21/2023. This deal showcased our efficient transaction strategy and commitment to delivering profitable outcomes. The partnership with Jamie Munden 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 206 W. Kaskaskia St deal in Paola, KS, due to its high profit potential and quick turnaround. With a purchase price of $80,000 and a sale price of $115,000, the property promised substantial returns with minimal investment. Paola's growing market further enhanced its appeal. Partnering with Jamie Munden 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 206 W. Kaskaskia St deal through our partner, Jamie Munden, who identified the opportunity and brought it directly to us. Leveraging Jamie's local market expertise, we secured the property for $80,000. 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 206 W. Kaskaskia St deal using its own capital, covering the $80,000 purchase price. 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, Jamie Munden.

How did you add value to the deal?

Partner Driven added value to the 206 W. Kaskaskia St deal by leveraging our expertise and local market knowledge. Our strategic marketing efforts highlighted the property's potential, attracting buyers quickly. We ensured the property was well-presented and in good condition, increasing its appeal. These efforts boosted the property's value, leading to a successful sale at $115,000, demonstrating our effective approach to maximizing returns with minimal investment.

What was the outcome?

The outcome of the 206 W. Kaskaskia St deal in Paola, KS, was highly successful. Partner Driven and Jamie Munden purchased the property for $80,000 and sold it for $115,000 on 04/21/2023. This transaction showcased our efficient transaction strategy and ability to deliver substantial profits quickly. The deal highlighted the strength of our partnership with Jamie and our commitment to achieving outstanding results through strategic investments.

Lessons learned? Challenges?

The 206 W. Kaskaskia St deal taught us valuable lessons and presented challenges. One key challenge was ensuring the property was marketed effectively to attract buyers quickly. Coordinating efforts with our partner, Jamie Munden, was crucial in overcoming this. The successful sale at $115,000 highlighted the importance of strategic planning, effective marketing, and strong partnerships in achieving profitable outcomes in real estate investments.