Single Story Rehab in Las Vegas!!

[Tyler Hubbs]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $276,000
Cash invested: $45,000
Sale price: $349,900

Purchased this probate property on the MLS for $276,000, spent $45,000 on the rehab, in escrow currently for $349,900! Rehab included demo of a few interior walls/kitchen soffit to open the property up, all new interior paint/flooring/base boards, exterior paint, roofing repair, AC unit, replaster of the pool, equipment maintenance, all new landscaping, full new kitchen, all new showers/valves/tile. WOW!! We closed the purchase on 11/28/18 and listed 1/11/19!!

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

MLS

How did you finance this deal?

Personal Capital

How did you add value to the deal?

FULL REHAB!!

Lessons learned? Challenges?

Pool equipment and package units are no joke!!

[Stephan Kraus]

Looks great and congrats to closing! 

are your numbers right though? looks like a net loss after commissions and closing costs? 🤔

Im in Vegas too, would love to link up some time!