Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 10 years ago, 03/21/2014
1st Flip in a Small Town
I have been on Bigger Pockets for a few months now and have really enjoyed all the information that is available. Have listened to all of the podcast and most of them twice. Have read a majority of the articles and many of the forum post. I find myself always checking this forum, Success Stories, first. Hopefully the success I had on my first flip will encourage someone else to pull the trigger and do their first flip. The hardest part for me in this entire process was actually pulling the trigger and buying the house. I live in a small town in Oklahoma with a population of 3,000 people and work a full time job 60-70 hrs a week. If I can do this anyone can.
Purchase Price: $34,000
Rehab, Closing Cost, Quit Cost, & all other Cost: $12,000
All in for: $46,000
Sale Price: $68,000
Profit: $22,000
Hoping to buy my next flip within the next two months!