Fix & Flip in sub-rural Utah community

[Steve Simister]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $375,000

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

From a realtor I was working with

How did you finance this deal?

Hard money

How did you add value to the deal?

Remodeling kitchen and bathrooms. Cleaning up home which had damage and odor from 9 dogs living on property.

What was the outcome?

Held property much longer than anticipated which ultimately led to a loss

Lessons learned? Challenges?

Challenges -