All Forum Posts by: Demetrius Johnson

Just to give an update....

The weekend after your feedback we got to work to do some of the minor changes to the house, repainting the universally hated diarrhea colored front door lol and adding a flower planter. We removed the pics of the backyard as well and dropped the price to 129,9K. We had intentions on removing the listing and relisting in the later part of Feb with some of the other suggestions if this didn't work but luckily that did the trick and we ended up selling mid Jan.

Thanks again for the feedback!

@Ned Carey

@Victor S.

@Will Barnard

I really appreciate the feedback

@Brad Birky

It’s NP, hopefully people in a similar situation can gain something from it

@Linda S.

Thanks a lot for the feedback!

I will definitely be putting some of your ideas to work on this and future properties

@Kevin T.

Thanks for the feedback, that's what I was afraid of lol

@JD Martin

I really appreciate the feedback!

I’ll definitely utilize your feedback moving forward and see what I can do especially to bring some life to the exterior.

@Charles Whitaker

Thanks for the feedback!

I didn't take as much consideration of the location within the location. Dropping the ARV in this instance would've come in handy, definitely will take that into account moving forward.

I also agree that the exterior isn't on par with other traditional bungalows in the area, another point I should've taken note of prior to purchasing.

@Theresa Harris

Thanks for the feedback

I honestly don't think it would be worth it for this property (rents low in the area, would cover expenses but I wouldn't be profiting much). I think I would be more willing to lower the price, make nothing, cash out and try again.

My current goal is to build more capital so I can purchase rentals in the future.

@Mark Fries I appreciate the feedback, definitely makes sense

@J Scott He’s thinking it has to be price or the time of the year. Since the pictures and the solid rehab should at least be bringing people by.

I'm working on my 2nd flip in Jacksonville FL's Murray Hill area. Initially listing the property at $170K to see how desirable the property was and attempting to maximize profit (which looking back at probably wasn't such a smart idea) we're currently down to $140K. I've gotten a sporadic 7 showings in these 3 months but overall the feedback has been positive, even going back to when the pricing was as high as $155K the feedback that we got was that the house was priced well.

The only negative feedback is the location......

Anyone familiar with Jacksonville knows that Murray Hill is a great area with a plethora of rehabs on the market but the negatives are that the house is off of a busier service road and 2 blocks away from a busy street. That being said, I don't think that alone justifies the amount of showings, I would imagine that would be something that people realize when they actually view the property.

I'm trying to offload the property ASAP but I'm not 100% sold that dropping the price is the answer. I've been second guessing everything from exterior paint, limited staging, not creating a larger usage space for the kitchen etc.

Is there anything that you see that I’m missing or anything that I should change? I’ve provided the link to the property below

https://www.zillow.com/homedetails/4842-Plymouth-St-Jacksonville-FL-32205/44472812_zpid/