Fix and flip Kuna Idaho

[Roger Trout]

Investment Info:

Single-family residence fix & flip investment in Kuna.

Purchase price: $138,000
Cash invested: $31,000
Sale price: $215,000

Fix and flip in Kuna Idaho

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

Wanted to flip a house.

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

A co workers wife passed away and he wanted cash and not to fix it himself

How did you finance this deal?

Cash from a retirement account

How did you add value to the deal?

Managed the construction rehab process.

What was the outcome?

$41k in the bank

Lessons learned? Challenges?

Get more bids from contractors and know the processes better.

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

Yes my wife and I are both licensed agents in the state of Idaho.