Fix and Flip Hero, $48k in 2 Months!

[Ryan Janssen]

Investment Info:

Single-family residence fix & flip investment in West Allis.

Purchase price: $132,000
Cash invested: $15,000
Sale price: $195,000

We remodeled the kitchen with granite counters, added iron rods where wood fencing use to be. Replaced all of the carpenting and remodeled the master bathroom.

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

I knew there was equity in the home, it just needed some TLC.

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

Milwaukee Auction

How did you finance this deal?

Investor, who made 12% but only for 2.5 months so a total of $4k.

How did you add value to the deal?

I updated the home and made it a better place to live.

What was the outcome?

Great earnings and a happy investor!

Lessons learned? Challenges?

This was a dream house!

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

Nicole Bruckner sold the home.