Odessa MO fix and flip

[Tracy Horn]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $80,000
Cash invested: $25,000

S/F corner lot with fenced yard, oversized 2 car garage, new kitchen cabinets, hardware, stainless appliances & sink, granite countertop, new wood, carpet and tile floors, new deck, new lighting and door hardware, tile in both bathrooms,

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

ARV

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

discovered via friend who is an agent

How did you finance this deal?

Bank of Odessa is fabulous!

How did you add value to the deal?

evaluated the comps

Lessons learned? Challenges?

an ice storm caused a lot of tree branches to break needing to be removed, also challenge of exterior work with record snowfall