SFR Flip in Highland Park, Los Angeles April 2020 Update

[Gloria R Lowen]

Investment Info:

Single-family residence fix & flip investment.

Rehabbing a 110 year old Craftsman style home in Highland Park. Got off to a rough start as the contractor hired by my business partner turned out to be uninsured and was going for change orders right out of the gate. We let him go and the project went dark for several weeks while we found another contractor. New guy is amazing. In less than a week we have a new roof on the place, rough electrical almost complete and 50% rough plumbing done. Making good progress now.

April 2020 Update. Project was completed mid-February. Received multiple offers within 5 days. Sold for over asking and closed March 20th amidst the corona virus pandemic. Feeling super grateful. Stay safe and healthy all.