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Updated over 4 years ago,
Flipping during COVID (w/ Before & After pics)
Hey everyone
So I just completed my 3rd flip, and this one was a challenge for sure. On top of all the typical setbacks we of course had to deal with COVID-19. Our reno was shut down for a few weeks, all open houses & showings were required to be socially distant, and with all the unemployment the buyer pool was (in my opinion) a little reduced.
Nevertheless we got it done! Here are some of the details along with some Before & After pics. Let me know what you guys think!
And anyone who is in MA or NH - let's connect! I would love love love to meet up with other RE professionals and continue building my network. If you're a wholesaler with properties - message me! I need another project!!!
Single Family Home - 3 beds / 2 baths / 1,600 sq ft located in Ayer, MA
Purchase Price: $138,000
Reno Cost: $113,000
Sale Price: $320,000
Commission: $16,000
Net Profit: $53,000
Net ROI: 21.12%