Fix and Flip October 2019- Jan 2020

[Daniel Riccio Jr.]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $110,000
Cash invested: $150,000
Sale price: $212,000

Run down single family home in the north end of Bridgeport, CT We renovated kitchens, baths, painted, and did some quick landscaping. Property Listed for $199,900 and sold with many offers over asking within first week. Learned from this project, while CT has market pockets that are slower (Higher End), it seems turn key entry level homes, especially in Bridgeport can be very hot.