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All Forum Posts by: Alec Anderson

Alec Anderson has started 55 posts and replied 78 times.

Post: Chattanooga wholesale house

Alec AndersonPosted
  • Investor
  • Chattanooga, TN
  • Posts 82
  • Votes 25

Investment Info:

Single-family residence wholesale investment.

Sale price: $54,000

Single family in the Brainerd area, sold to the first investor I told about it

Post: Rossville wholetail house

Alec AndersonPosted
  • Investor
  • Chattanooga, TN
  • Posts 82
  • Votes 25

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $25,000
Cash invested: $6,000
Sale price: $80,000

Let the seller stay in the property for a month after closing. Ended up cleaning out 10+ dumpsters of stuff and then listing on MLS as is

Post: Chickamauga fix and flip

Alec AndersonPosted
  • Investor
  • Chattanooga, TN
  • Posts 82
  • Votes 25

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $73,000
Cash invested: $50,000
Sale price: $219,000

Nice little house that the sellers had halfway rehabbed. We bought it from them and it turned out great

Post: Chattanooga wholetail house

Alec AndersonPosted
  • Investor
  • Chattanooga, TN
  • Posts 82
  • Votes 25

Investment Info:

Single-family residence wholesale investment.

Purchase price: $27,000
Sale price: $43,000

Bought off market and then sold as-is

Post: Chickamauga wholetail house

Alec AndersonPosted
  • Investor
  • Chattanooga, TN
  • Posts 82
  • Votes 25

Investment Info:

Single-family residence wholesale investment.

Purchase price: $40,000
Sale price: $65,000

Decided to sell as I had a few other projects in to work on before this one. After 2 failed buyer loan attempts the 3rd buyer closed on it

Post: Harrison single family wholesale

Alec AndersonPosted
  • Investor
  • Chattanooga, TN
  • Posts 82
  • Votes 25

Investment Info:

Single-family residence wholesale investment.

Sale price: $96,000

Light rehab in Harrison, was a challenge to get all parties to agree to sell, but we made it happen

Post: Another East Brainerd tornado flip

Alec AndersonPosted
  • Investor
  • Chattanooga, TN
  • Posts 82
  • Votes 25

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $50,000
Cash invested: $180,000
Sale price: $421,000

This one was hit pretty hard by the Easter 2020 Chattanooga tornados, ended up reframing about half the house. The market appreciated dramatically in the time it took to rehab it.

Post: Ringgold wholesale land deal

Alec AndersonPosted
  • Investor
  • Chattanooga, TN
  • Posts 82
  • Votes 25

Investment Info:

Other wholesale investment.

Sale price: $30,000

2 acres with a tear down house on it

Post: Chattanooga wholesale condo

Alec AndersonPosted
  • Investor
  • Chattanooga, TN
  • Posts 82
  • Votes 25

Investment Info:

Condo wholesale investment.

Sale price: $55,000

Cosmetic rehab condo in the Brainerd area, I think the buyer had it finished in 2 weeks

Post: Rossville Wholesale house

Alec AndersonPosted
  • Investor
  • Chattanooga, TN
  • Posts 82
  • Votes 25

Investment Info:

Single-family residence wholesale investment.

Sale price: $44,000

Small house in a nice area, needed a medium-full rehab