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Updated about 5 years ago, 09/20/2019

User Stats

6
Posts
2
Votes
Shayne Stuart Dawe
2
Votes |
6
Posts

Second Flip - Green Bay

Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $45,000
Cash invested: $37,500
Sale price: $115,000

Outside Work - Remove chimney, repair roof, add roof over entry way, all new siding, new gutters, soffit and fascia painting, porch staining, stucco foundation, sloped the yard for water control, overgrown vegetation removal, and new landscaping.

Inside Work - Completely gut the entire house including the latte and plaster, and remove knob and tube electrical. All new plumbing, electrical, windows, light fixtures, drywall, paint, cabinets, luxury vinyl, carpet, bathroom fixtures, and kitchen. Added a bathroom to the main floor.

User Stats

39
Posts
19
Votes
Jason Lund
  • Flipper/Rehabber
  • Appleton, WI
19
Votes |
39
Posts
Jason Lund
  • Flipper/Rehabber
  • Appleton, WI
Replied

Awesome!

User Stats

26
Posts
21
Votes
Darrin Taylor
Pro Member
  • Rental Property Investor
  • Windsor, CO
21
Votes |
26
Posts
Darrin Taylor
Pro Member
  • Rental Property Investor
  • Windsor, CO
Replied

@Shayne Stuart Dawe nice job. Curious how long it took from purchase to rehab completion, then how long to sell? Also what area of Green Bay is it in, and how did you find the house at that price? Thanks for sharing!

  • Darrin Taylor
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    User Stats

    6
    Posts
    2
    Votes
    Shayne Stuart Dawe
    2
    Votes |
    6
    Posts
    Replied

    @Darrin Taylor

    Honestly that one was kind of a shot in the dark on the purchase. I was working with a inexperienced realtor and I to was inexperienced I never ran any numbers or even looked at the ARV. But the actual rehab was completed in 5 months from September until January mostly just me working by myself with occasionall help from friends. The electric, plumbing and plastering were all hired out. It was put on the market in March and I excepted a offer in 2 weeks with the help of a great realtor.

    User Stats

    26
    Posts
    21
    Votes
    Darrin Taylor
    Pro Member
    • Rental Property Investor
    • Windsor, CO
    21
    Votes |
    26
    Posts
    Darrin Taylor
    Pro Member
    • Rental Property Investor
    • Windsor, CO
    Replied

    @Shayne Stuart Dawe wow, that's great - congratulations. Glad to hear it worked out.

  • Darrin Taylor
  • User Stats

    136
    Posts
    41
    Votes
    Corey Reyment
    Pro Member
    • Wholesaler
    • Green Bay, WI
    41
    Votes |
    136
    Posts
    Corey Reyment
    Pro Member
    • Wholesaler
    • Green Bay, WI
    Replied

    congrats!

  • Corey Reyment
  • User Stats

    154
    Posts
    105
    Votes
    Scott Rogers
    • Rental Property Investor
    • Neenah, WI
    105
    Votes |
    154
    Posts
    Scott Rogers
    • Rental Property Investor
    • Neenah, WI
    Replied

    @Shayne Stuart Dawe  Great job !