Peniston St New Orleans Cottage

[Stephen Emmons]

Investment Info:

Single-family residence fix & flip investment in New Orleans.

Sale price: $550,000

Complete renovation of historic New Orleans Cottage. Our team completed everything from design to construction to staging. 1400 sq ft 2 Bed 2 Bath.

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

Location and the challenge of a difficult renovation

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

It was listed on MLS. The house was in very poor condition, and required a cash buyer.

How did you finance this deal?

Hard Money

How did you add value to the deal?

We completely reconfigured the floor plan, and restored the house to new condition with modern amenities and great spaces.

What was the outcome?

This was a great project, we sold it quickly. Very proud of the way it turned out.

Lessons learned? Challenges?

We have to get better at managing the project, and not getting distracted by the next deal.