This one was beginning of 2024

[Nicole Harrington]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $274,900
Cash invested: $66,511
Sale price: $400,000

Estimated a lot more on repair cost than actual cost. It's always good to overestimating and underspending. This one was a fun one, with no real major issues, just needed a lot of repair and updating.

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

I love the Southern-style front porch.

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

One FMLS and we knew the agent

How did you finance this deal?

Cash

How did you add value to the deal?

Renovating everything, floors, bathrooms bringing it up to the new living standard.

What was the outcome?

A beautiful home that has a new life.

Lessons learned? Challenges?

A great time is worth every penny. I love my partner on these projects.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I am an agent myself.