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Updated almost 4 years ago on . Most recent reply

Michelle Crochet's profile image
Michelle Crochet's profile image
Michelle Crochet
  • Realtor
  • from Burbank, CA
  • Member since May 20, 2019
  • Posts 81
  • Votes 62
  • Experience 6 Yrs
  • Investments 5
Connect

User Stats

81
Posts
62
Votes
Michelle Crochet's profile image
Michelle Crochet's profile image
Michelle Crochet
  • Realtor
  • from Burbank, CA
  • Member since May 20, 2019
  • Posts 81
  • Votes 62
  • Experience 6 Yrs
  • Investments 5
Connect
Michelle Crochet
  • Realtor
  • Burbank, CA
62
Votes |
81
Posts
Real Estate Deal Analysis & Advice

Condo Flip in Hollywood

Michelle Crochet
  • Realtor
  • Burbank, CA
Posted

Investment Info:

Condo fix & flip investment.

Purchase price: $285,000
Cash invested: $45,000
Sale price: $555,000

This was a slow flip, where we updated every single surface of this place over time and sold it after the time required to benefit from the tax-free capital gains benefit up to $500k, which we did, and put into the next investment.

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