Quick Turnaround in Ohio: Profitable Fix & Flip with Nick Oltman

[Julie Muse]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $84,000
Cash invested: $14,800
Sale price: $122,200

Contributors:
Peter Vekselman

Partner Driven and Nick Oltman acquired this property in West Lafayette, Ohio for $84,000 on 8/21/2024. After investing $14,800 in improvements, they sold it on 4/14/2025 for $122,200. The project showcased smart renovation choices and solid execution, turning a modest rehab into a profitable outcome.

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

This home presented a great opportunity due to its location in a steady Ohio market and the minimal repairs needed to boost its value. The numbers made sense, and the risk-to-reward ratio was solid—making it an ideal project for Partner Driven and Nick to work on together.

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

Nick found the lead through direct outreach and recognized it as a potential win. The seller needed to move quickly, and Nick negotiated a fair price that left room for improvements and profit. Partner Driven helped him run comps and validate the offer before locking it in.

How did you finance this deal?

Partner Driven provided 100% of the funding—covering the $84,000 purchase and $14,800 in renovations. With no out-of-pocket expenses for Nick, he was able to focus on executing the deal and learning the process while we handled the capital and backend.

How did you add value to the deal?

Our team supported Nick every step of the way, from estimating repair costs to overseeing the project timeline. The renovations were focused on freshening up the home with smart, cost-effective upgrades that gave it immediate appeal once listed.

What was the outcome?

The home sold for $122,200, generating a clean profit after just under 8 months. It was a strong win for Nick and another example of how solid communication and the right strategy can deliver results in any market.

Lessons learned? Challenges?

While the renovation went smoothly, market shifts meant adjusting expectations and staying flexible with the listing strategy. The key takeaway? Stick to the numbers, stay patient, and always have a team that can guide you through the curveballs.