All Forum Posts by: Casey Jones

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $72,000
Cash invested: $23,000
Sale price: $135,000

Grandview flip. Near where we grew up. Fairly simple rehab, great profit.

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

Done remodeling my whole life, so it's a no brainer!

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

My dad knew the owner and told him we were looking for a house to flip.

How did you finance this deal?

Company line of credit. CC's for some of the rehab.

How did you add value to the deal?

Redid both bathrooms, added a shower in the master bath. New everything

What was the outcome?

$40k net profit and it let a fire in us to do a lot more like it!

Lessons learned? Challenges?

Fix the HVAC first. This one went a little too well and may have spoiled us some.

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

I'm the agent and our buyers came unrepresented.

Hey Idan,

A good foundation guy should be able to tell you if there's any structural issues and what's needed to remedy any problems. I'll shoot you an email with a guy we've used on a couple block foundation repairs for us. 

Good luck in your investing!

Welcome Chase! 

I’m a realtor and also own a remodeling company here in KC. Feel free to reach out with any questions you may have. Good luck with your investing future! 

@Anthony Lynch I wouldn’t say property values are declining at all. Just starting to see things on the mls sit a little longer than they have been, which in turn leaves room for negotiation. 

Hey Anthony, 

I’m a realto in Kansas City and it is one of the better areas to invest. Our market is beginning to turn toward buyers.  Good luck on your investing future! 

Hey Jeff. They won’t let tell you what I do and can do for you, but I’m in the Kansas City market. See my profile for contact info. Thanks.