All Forum Posts by: Euan Arcia

We specialize in high end finishes and wanted to showcase our abilities on this one. Also, we wanted to market it as a luxury rental so we can get top dollar.

The condo was purchased in cash so it's free and clear. We average $3500 a month and minus HOA of $446, we clear $3k a month.

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Originally posted by @Mike Bartuseck:

Beautiful remodel! Curious as to what your projected monthly cash flow would be with your expenses

It averages $3500 a month and subtracting HOA of $446, it clears $3k a month.

Bought the property in cash so it's free and clear.

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Purchased this 2 bedroom/2 bath condo for $285k. Decided to do a fully furnished luxury rental on this one. We put $40k into the remodel. All high end fixtures...venetian plastered walls, custom speakers throughout, built in Miele coffee system, custom cabinets, concealed dishwasher, toto toilets, hardwood floors, redone bathrooms, etc...

BEFORE

AFTER

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BEFORE

AFTER

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welcome to BP! SD is an awesome city. Great weather year round. Can't ask for anything better!

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Welcome to BP!

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welcome to BP!

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Originally posted by @Sarah D.:

@Euan Arcia it's a great area, and your business model is so clever given that most buyers in that area want perfect homes or nothing. I don't know any retail buyers in Del Cerro who would buy a fixer (our kids used to go to school there so we know a fair number of families in the area). I also love that you are disproving the myth of not being able to make money in SD flips. If you make major improvements and do excellent work it's very possible. Can't wait to see your next one!

Again, thank you for the kind words! My business partner grew in Del Cerro so he's very familiar with the area. I personally want to live there especially now that I have a 2 year old son. It's a great neighborhood to raise a family and I just love the houses there. Hopefully I can find another one in Del Cerro.

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Originally posted by @Sarah D.:

Gorgeous work! Every time I pass a flip in that area I wonder if it is one of yours.

Thank you! If you happen to come across a fixer in the Del Cerro area let me know. I love that neighborhood!

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All Forum Posts by: Euan Arcia

Euan Arcia has started 8 posts and replied 69 times.

Post: San Diego Buy & Hold Remodel

Post: San Diego Buy & Hold Remodel

Post: San Diego Buy & Hold Remodel

Post: San Diego Buy & Hold Remodel

Post: San Diego Buy & Hold Remodel

Post: From Boston, now in San Diego

Post: New Member from San Diego

Post: From ChulaJuana, California!!!

Post: San Diego Flip - Del Cerro (Newest 9/12)

Post: San Diego Flip - Del Cerro (Newest 9/12)