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Updated almost 4 years ago on . Most recent reply

User Stats

4
Posts
1
Votes
Bridgett R. Bland
  • Investor
  • NEW YORK | ATLANTA
1
Votes |
4
Posts

LUXURY HOME FIX N FLIP IN EXCLUSIVE COUNTRY CLUB ATLANTA, GA

Bridgett R. Bland
  • Investor
  • NEW YORK | ATLANTA
Posted

Investment Info:

Single-family residence fix & flip investment in Alpharetta.

Purchase price: $1,800,000
Cash invested: $232,000
Sale price: $2,399,000

1275 STUART RDG LUXURY HOME FIX N FLIP - LUXURY STAGING
RESIDENTIAL 12,000 SQ FT STUCCO COUNTRY CLUB

SCOPE OF WORK:
LL COMPLETE REMODEL - ALL FLOORING REPLACE - ALL LIGHTING REPLACE - ELECTRICAL REPAIR - PLUMBING REPAIR - INTERIOR REPAINT - ENERGY EFFICIANT APPLIANCE UPDATE - FIXTURE REPLACE - CAPINITRY UPDATE - POOL REPAIR - COMPLETE LANDSCAPE REDESIGN

BEFORE REPAIR : $18,800,000
AFTER REPAIR FMV: $2,399,000
PROFIT: $600,000
PLEASE SEE ATTACHED APPRAISALS

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

LUXURY HOME SPECIALIST

How did you finance this deal?

NETWORKING

How did you add value to the deal?

REHAB UPDATE

What was the outcome?

GREAT PROFIT

Lessons learned? Challenges?

EXPECT THE UNEXPECTED AND PLAN AHEAD

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

MY OWN COMPANIES

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