Smyrna 5830 Oakdale FLIP

[Tony Shackelford]

Investment Info:

Single-family residence fix & flip investment in Mableton.

Purchase price: $95,000
Cash invested: $88,000
Sale price: $272,500

Beautifully renovated ranch! This 4 sided brick ranch has all the upgrades you want including all new roof, new HVAC, new electrical, new plumbing & refinished original hardwood floors. Boasting 3 spacious bedrooms, 2 luxurious baths, & 2 -car carport, this home has it all! Chef's kitchen with white modern cabinets, granite counters, stainless steel appliances & bar island. Home is flooded with tons of natural light.

What made you interested in investing in this type of deal?

extremely fast growing market

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

off-market

How did you finance this deal?

HML

How did you add value to the deal?

Full reno

What was the outcome?

highly profitable project

Lessons learned? Challenges?

materials increased; covid 19

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

none