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Updated almost 4 years ago on . Most recent reply

User Stats

8
Posts
5
Votes
Alex Franks
  • Rental Property Investor
  • Enterprise, AL
5
Votes |
8
Posts

Our first taste of Real Estate

Alex Franks
  • Rental Property Investor
  • Enterprise, AL
Posted

Investment Info:

Single-family residence fix & flip investment in Copperas Cove.

Purchase price: $150,000
Cash invested: $10,000
Sale price: $185,000

Our "Live-in-Flip While stationed in TX! I Deployed 9 months during this time, as well.

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

Bigger Pockets of course.

How did you finance this deal?

VA

How did you add value to the deal?

Flooring, Paint, Fixtures, Hardware, Revived Fireplace, New Grass.

What was the outcome?

We loved the experience but it was hard to leave once we were done. HAHA

Lessons learned? Challenges?

Pools are harder work than expected, Flooring is my thing, Allow more time for projects than expected (especially if you have a day job), You can do 99% of the work yourself if you have to.

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

Tiffani Foxx with Vista Real Estate

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