Charlotte Madison Park Flip Details

[Brad T Czecholinski]

Investment Info:

Single-family residence fix & flip investment in Charlotte.

Purchase price: $255,000
Cash invested: $55,000
Sale price: $355,000

Fix and Flip over 6 months:
Reno of Kitchen, 2 Baths and Back Deck
New Flooring, Opened Walls
Full Paint of inside and outside

Lessons learned? Challenges?

Many old ranch houses do not have enough closet space.
Adding more closet space ideas and ensuring a large enough bathroom are key.