All Forum Posts by: Julie Muse

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $175,000
Cash invested: $40,800
Sale price: $305,000

Contributors:
Peter Vekselman

Partner Driven, in collaboration with Seth Choate, successfully completed a fix-and-flip on E Holland Ave, Fresno, CA 93726. We purchased the home on 9/16/2022 for $175,000, invested $40,800 in renovations, and sold it for $305,000 on 12/9/2022. This deal showcased our effective renovation strategy and commitment to delivering profitable outcomes. The partnership with Seth Choate exemplified our collaborative approach to maximizing property value through strategic investments.

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

Partner Driven was interested in the E Holland Ave deal in Fresno, CA, due to its high profit potential. With a purchase price of $175,000 and a sale price of $305,000, the property promised substantial returns. The $40,800 renovation budget presented a clear opportunity to add value. Fresno's growing market further enhanced its appeal. Partnering with Seth Choate provided valuable local insights, making this an attractive and strategic investment for Partner Driven.

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

We found the E Holland Ave deal through our partner, Seth Choate, who identified the opportunity and brought it directly to us. Leveraging Seth's local market expertise, we secured the property for $175,000. Together, we negotiated favorable terms with the seller, ensuring a beneficial deal. This collaboration underscores the importance of strong partnerships and local insights in identifying and negotiating profitable real estate opportunities.

How did you finance this deal?

Partner Driven financed the E Holland Ave deal using its own capital, covering the $175,000 purchase price and $40,800 in renovation costs. This approach allowed us to move quickly and efficiently, ensuring the project stayed on track. Our financial support demonstrated our commitment to providing the necessary resources for successful real estate investments, enabling a smooth and profitable transaction in collaboration with our partner, Seth Choate.

How did you add value to the deal?

Partner Driven added value to the E Holland Ave deal by investing $40,800 in comprehensive renovations. These updates modernized the property, improved its curb appeal, and significantly increased its market value. Our efficient project management ensured timely, on-budget completion. Additionally, strategic marketing highlighted the property's new features, attracting buyers quickly. These efforts boosted the property's value, leading to a successful sale at $305,000.

What was the outcome?

The outcome of the E Holland Ave deal in Fresno, CA, was highly successful. Partner Driven and Seth Choate purchased the property for $175,000, invested $40,800 in renovations, and sold it for $305,000 on 12/9/2022. This transaction showcased our effective renovation strategy and project management skills, resulting in a substantial profit. The deal highlighted the strength of our partnership with Seth and our commitment to delivering outstanding results through strategic investments.

Lessons learned? Challenges?

The E Holland Ave deal taught us valuable lessons and presented challenges. Managing the $40,800 renovation budget required careful oversight to ensure timely completion. Coordinating contractors and staying on schedule were key challenges. Despite these, the successful sale at $305,000 highlighted the importance of strategic planning, effective project management, and strong partnerships in maximizing profitability in real estate investments with Partner Driven.

Investment Info:

Single-family residence wholesale investment.

Purchase price: $110,000
Sale price: $130,000

Contributors:
Peter Vekselman

Partner Driven, in collaboration with Russell Barcelona, successfully completed a quick flip on Ransom Street, Lockport, NY 14094. We purchased the home on 12/6/2022 for $110,000 and sold it for $130,000 on the same day. This deal showcased our efficient transaction strategy and commitment to delivering profitable outcomes. The partnership with Russell Barcelona exemplified our collaborative approach to maximizing property value through strategic investments.

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

Partner Driven was interested in the Ransom St deal in Lockport, NY, due to its quick profit potential. With a purchase price of $110,000 and a sale price of $130,000 on the same day, the property promised immediate returns. Lockport's growing market further enhanced its appeal. Partnering with Russell Barcelona provided valuable local insights, making this an attractive and strategic investment for Partner Driven.

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

We found the Ransom St deal through our partner, Russell Barcelona, who identified the opportunity and brought it directly to us. Leveraging Russell's local market expertise, we secured the property for $110,000. Together, we negotiated favorable terms with the seller, ensuring a beneficial deal. This collaboration underscores the importance of strong partnerships and local insights in identifying and negotiating profitable real estate opportunities.

How did you finance this deal?

Partner Driven financed the Ransom St deal using its own capital, covering the $110,000 purchase price. This approach allowed us to move quickly and efficiently, ensuring the project stayed on track. Our financial support demonstrated our commitment to providing the necessary resources for successful real estate investments, enabling a smooth and profitable transaction in collaboration with our partner, Russell Barcelona.

How did you add value to the deal?

Partner Driven added value to the Ransom St deal through strategic marketing and quick transaction management. By leveraging our network and expertise, we were able to attract a buyer and complete the sale on the same day. These efforts demonstrated our ability to maximize returns with minimal investment and time, ensuring a profitable outcome.

What was the outcome?

The outcome of the Ransom St deal in Lockport, NY, was highly successful. Partner Driven and Russell Barcelona purchased the property for $110,000 and sold it for $130,000 on the same day. This transaction showcased our efficient transaction strategy and ability to deliver quick profits. The deal highlighted the strength of our partnership with Russell and our commitment to achieving outstanding results through strategic investments.

Lessons learned? Challenges?

The Ransom St deal taught us valuable lessons and presented challenges. Coordinating a same-day sale required precise timing and efficient communication. Despite these challenges, the successful sale at $130,000 highlighted the importance of strategic planning, effective marketing, and strong partnerships in achieving quick and profitable outcomes in real estate investments with Partner Driven.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $250,000
Cash invested: $20,000
Sale price: $350,000

Contributors:
Peter Vekselman

Partner Driven, in collaboration with Seth Choate, successfully completed a quick flip on Owens Creek Road, Catheys Valley, CA. We purchased the home on 11/01/2022 for $250,000, invested $20,000 in renovations, and sold it for $350,000 on the same day. This deal showcased our efficient transaction strategy and commitment to delivering profitable outcomes. The partnership with Seth Choate exemplified our collaborative approach to maximizing property value through strategic investments.

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

Partner Driven was interested in the Owens Creek Rd deal in Catheys Valley, CA, due to its high profit potential and quick turnaround. With a purchase price of $250,000 and a sale price of $350,000 on the same day, the property promised substantial returns. Catheys Valley's growing market further enhanced its appeal. Partnering with Seth Choate provided valuable local insights, making this an attractive and strategic investment for Partner Driven.

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

We found the Owens Creek Rd deal through our partner, Seth Choate, who identified the opportunity and brought it directly to us. Leveraging Seth's local market expertise, we secured the property for $250,000. Together, we negotiated favorable terms with the seller, ensuring a beneficial deal. This collaboration underscores the importance of strong partnerships and local insights in identifying and negotiating profitable real estate opportunities.

How did you finance this deal?

Partner Driven financed the Owens Creek Rd deal using its own capital, covering the $250,000 purchase price and $20,000 in renovation costs. This approach allowed us to move quickly and efficiently, ensuring the project stayed on track. Our financial support demonstrated our commitment to providing the necessary resources for successful real estate investments, enabling a smooth and profitable transaction in collaboration with our partner, Seth Choate.

How did you add value to the deal?

Partner Driven added value to the Owens Creek Rd deal by investing $20,000 in targeted renovations. These updates modernized the property, improved its curb appeal, and significantly increased its market value. Our efficient project management ensured timely, on-budget completion. Additionally, our strategic marketing efforts highlighted the property's new features, attracting buyers quickly. These efforts boosted the property's value, leading to a successful sale at $350,000.

What was the outcome?

The outcome of the Owens Creek Rd deal in Catheys Valley, CA, was highly successful. Partner Driven and Seth Choate purchased the property for $250,000, invested $20,000 in renovations, and sold it for $350,000 on the same day. This transaction showcased our effective renovation strategy and project management skills, resulting in a substantial profit. The deal highlighted the strength of our partnership with Seth and our commitment to delivering outstanding results.

Lessons learned? Challenges?

The Owens Creek Rd deal taught us valuable lessons and presented challenges. Coordinating a same-day sale required precise timing, efficient communication, and meticulous planning. Managing the $20,000 renovation budget and ensuring timely completion were key challenges. Despite these, the successful sale at $350,000 highlighted the importance of strategic planning, effective project management, and strong partnerships in achieving quick and profitable outcomes with Partner Driven.

Investment Info:

Single-family residence wholesale investment.

Purchase price: $20,000
Sale price: $39,000

Contributors:
Peter Vekselman

Partner Driven, in collaboration with Karen Schneyer, successfully completed a quick flip on Wildwood Drive, Brooksville, FL 34601. We purchased the home on 12/22/2022 for $20,000 and sold it for $39,000 on the same day. This deal showcased our efficient transaction strategy and commitment to delivering profitable outcomes. The partnership with Karen Schneyer exemplified our collaborative approach to maximizing property value through strategic investments.

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

Partner Driven was interested in the Wildwood Drive deal in Brooksville, FL, due to its quick profit potential. With a purchase price of $20,000 and a sale price of $39,000 on the same day, the property promised immediate returns. Brooksville's growing market further enhanced its appeal. Partnering with Karen Schneyer provided valuable local insights, making this an attractive and strategic investment for Partner Driven.

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

We found the Wildwood Drive deal through our partner, Karen Schneyer, who identified the opportunity and brought it directly to us. Leveraging Karen's local market expertise, we secured the property for $20,000. Together, we negotiated favorable terms with the seller, ensuring a beneficial deal. This collaboration underscores the importance of strong partnerships and local insights in identifying and negotiating profitable real estate opportunities.

How did you finance this deal?

Partner Driven financed the Wildwood Drive deal using its own capital, covering the $20,000 purchase price. This approach allowed us to move quickly and efficiently, ensuring the project stayed on track. Our financial support demonstrated our commitment to providing the necessary resources for successful real estate investments, enabling a smooth and profitable transaction in collaboration with our partner, Karen Schneyer.

How did you add value to the deal?

Partner Driven added value to the Wildwood Drive deal through strategic marketing and quick transaction management. By leveraging our network and expertise, we were able to attract a buyer and complete the sale on the same day. These efforts demonstrated our ability to maximize returns with minimal investment and time, ensuring a profitable outcome.

What was the outcome?

The outcome of the Wildwood Drive deal in Brooksville, FL, was highly successful. Partner Driven and Karen Schneyer purchased the property for $20,000 and sold it for $39,000 on the same day. This transaction showcased our efficient transaction strategy and ability to deliver quick profits. The deal highlighted the strength of our partnership with Karen and our commitment to achieving outstanding results through strategic investments.

Lessons learned? Challenges?

The Wildwood Drive deal taught us valuable lessons and presented challenges. Coordinating a same-day sale required precise timing and efficient communication. Despite these challenges, the successful sale at $39,000 highlighted the importance of strategic planning, effective marketing, and strong partnerships in achieving quick and profitable outcomes in real estate investments with Partner Driven.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $200,000
Cash invested: $34,000
Sale price: $325,000

Contributors:
Peter Vekselman

Partner Driven, in collaboration with Seth Choate, successfully completed a fix-and-flip on Linda Street, Delhi, CA 95315. We purchased the home on 11/10/2022 for $200,000, invested $34,000 in renovations, and sold it for $325,000 on 1/10/2023. This deal showcased our effective renovation strategy and commitment to delivering profitable outcomes. The partnership with Seth Choate exemplified our collaborative approach to maximizing property value through strategic investments.

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

Partner Driven was interested in the Linda Street deal in Delhi, CA, due to its high profit potential. With a purchase price of $200,000 and a sale price of $325,000, the property promised substantial returns. The $34,000 renovation budget presented a clear opportunity to add value. Delhi's growing market further enhanced its appeal. Partnering with Seth Choate provided valuable local insights, making this an attractive and strategic investment for Partner Driven.

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

We found the Linda Street deal through our partner, Seth Choate, who identified the opportunity and brought it directly to us. Leveraging Seth's local market expertise, we secured the property for $200,000. Together, we negotiated favorable terms with the seller, ensuring a beneficial deal. This collaboration underscores the importance of strong partnerships and local insights in identifying and negotiating profitable real estate opportunities.

How did you finance this deal?

Partner Driven financed the Linda Street deal using its own capital, covering the $200,000 purchase price and $34,000 in renovation costs. This approach allowed us to move quickly and efficiently, ensuring the project stayed on track. Our financial support demonstrated our commitment to providing the necessary resources for successful real estate investments, enabling a smooth and profitable transaction in collaboration with our partner, Seth Choate.

How did you add value to the deal?

Partner Driven added value to the Linda Street deal by investing $34,000 in targeted renovations. These updates modernized the property, improved its curb appeal, and significantly increased its market value. Our efficient project management ensured timely, on-budget completion. Additionally, our strategic marketing efforts highlighted the property's new features, attracting buyers quickly. These efforts boosted the property's value, leading to a successful sale at $325,000.

What was the outcome?

The outcome of the Linda Street deal in Delhi, CA, was highly successful. Partner Driven and Seth Choate purchased the property for $200,000, invested $34,000 in renovations, and sold it for $325,000 on 1/10/2023. This transaction showcased our effective renovation strategy and project management skills, resulting in a substantial profit. The deal highlighted the strength of our partnership with Seth and our commitment to delivering outstanding results through strategic investments.

Lessons learned? Challenges?

The Linda Street deal taught us valuable lessons and presented challenges. Managing the $34,000 renovation budget required careful oversight to ensure timely completion. Coordinating contractors and staying on schedule were key challenges. Despite these, the successful sale at $325,000 highlighted the importance of strategic planning, effective project management, and strong partnerships in maximizing profitability in real estate investments with Partner Driven.

Investment Info:

Single-family residence wholesale investment.

Purchase price: $40,000
Sale price: $60,000

Contributors:
Peter Vekselman

Partner Driven, in collaboration with Karen Schneyer, successfully completed a quick flip on Safford Street, Bennington, VT 05201. We purchased the home on 2/15/2023 for $40,000 and sold it for $60,000 on the same day. This deal showcased our efficient transaction strategy and commitment to delivering profitable outcomes. The partnership with Karen Schneyer exemplified our collaborative approach to maximizing property value through strategic investments.

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

Partner Driven was interested in the Safford St deal in Bennington, VT, due to its quick profit potential. With a purchase price of $40,000 and a sale price of $60,000 on the same day, the property promised immediate returns. Bennington's growing market further enhanced its appeal. Partnering with Karen Schneyer provided valuable local insights, making this an attractive and strategic investment for Partner Driven.

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

We found the Safford St deal through our partner, Karen Schneyer, who identified the opportunity and brought it directly to us. Leveraging Karen's local market expertise, we secured the property for $40,000. Together, we negotiated favorable terms with the seller, ensuring a beneficial deal. This collaboration underscores the importance of strong partnerships and local insights in identifying and negotiating profitable real estate opportunities.

How did you finance this deal?

Partner Driven financed the Safford St deal using its own capital, covering the $40,000 purchase price. This approach allowed us to move quickly and efficiently, ensuring the project stayed on track. Our financial support demonstrated our commitment to providing the necessary resources for successful real estate investments, enabling a smooth and profitable transaction in collaboration with our partner, Karen Schneyer.

How did you add value to the deal?

Partner Driven added value to the Safford St deal through strategic marketing and quick transaction management. By leveraging our network and expertise, we were able to attract a buyer and complete the sale on the same day. These efforts demonstrated our ability to maximize returns with minimal investment and time, ensuring a profitable outcome.

What was the outcome?

The outcome of the Safford St deal in Bennington, VT, was highly successful. Partner Driven and Karen Schneyer purchased the property for $40,000 and sold it for $60,000 on the same day. This transaction showcased our efficient transaction strategy and ability to deliver quick profits. The deal highlighted the strength of our partnership with Karen and our commitment to achieving outstanding results through strategic investments.

Lessons learned? Challenges?

The Safford St deal taught us valuable lessons and presented challenges. Coordinating a same-day sale required precise timing and efficient communication. Despite these challenges, the successful sale at $60,000 highlighted the importance of strategic planning, effective marketing, and strong partnerships in achieving quick and profitable outcomes in real estate investments with Partner Driven.

Investment Info:

Single-family residence wholesale investment.

Purchase price: $132,000
Sale price: $135,000

Contributors:
Peter Vekselman

Partner Driven, in collaboration with Zachary Clemmensen, successfully completed a quick flip on Park Street, Saint Paul, MN 55117. We purchased the home on 2/15/2023 for $132,000 and sold it for $135,000 on the same day. This deal showcased our efficient transaction strategy and commitment to delivering profitable outcomes. The partnership with Zachary Clemmensen exemplified our collaborative approach to maximizing property value through strategic investments.

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

Partner Driven was interested in the Park Street deal in Saint Paul, MN, due to its quick profit potential. With a purchase price of $132,000 and a sale price of $135,000 on the same day, the property promised immediate returns. Saint Paul's growing market further enhanced its appeal. Partnering with Zachary Clemmensen provided valuable local insights, making this an attractive and strategic investment for Partner Driven.

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

We found the Park Street deal through our partner, Zachary Clemmensen, who identified the opportunity and brought it directly to us. Leveraging Zachary's local market expertise, we secured the property for $132,000. Together, we negotiated favorable terms with the seller, ensuring a beneficial deal. This collaboration underscores the importance of strong partnerships and local insights in identifying and negotiating profitable real estate opportunities.

How did you finance this deal?

Partner Driven financed the Park Street deal using its own capital, covering the $132,000 purchase price. This approach allowed us to move quickly and efficiently, ensuring the project stayed on track. Our financial support demonstrated our commitment to providing the necessary resources for successful real estate investments, enabling a smooth and profitable transaction in collaboration with our partner, Zachary Clemmensen.

How did you add value to the deal?

Partner Driven added value to the Park Street deal through strategic marketing and quick transaction management. By leveraging our network and expertise, we were able to attract a buyer and complete the sale on the same day. These efforts demonstrated our ability to maximize returns with minimal investment and time, ensuring a profitable outcome.

What was the outcome?

The outcome of the Park Street deal in Saint Paul, MN, was highly successful. Partner Driven and Zachary Clemmensen purchased the property for $132,000 and sold it for $135,000 on the same day. This transaction showcased our efficient transaction strategy and ability to deliver quick profits. The deal highlighted the strength of our partnership with Zachary and our commitment to achieving outstanding results through strategic investments.

Lessons learned? Challenges?

The Park Street deal taught us valuable lessons and presented challenges. Coordinating a same-day sale required precise timing and efficient communication. Despite these challenges, the successful sale at $135,000 highlighted the importance of strategic planning, effective marketing, and strong partnerships in achieving quick and profitable outcomes in real estate investments with Partner Driven.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $165,000
Cash invested: $54,000
Sale price: $323,000

Contributors:
Peter Vekselman

Partner Driven, in collaboration with Seth Choate, successfully completed a fix-and-flip on Stanislaus Ave, Angels Camp, CA 95222. We purchased the home on 9/20/2022 for $165,000, invested $54,000 in renovations, and sold it for $323,000 on 2/25/2023. This deal showcased our effective renovation strategy and commitment to delivering profitable outcomes. The partnership with Seth Choate exemplified our collaborative approach to maximizing property value through strategic investments.

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

Partner Driven was interested in the Stanislaus Ave deal in Angels Camp, CA, due to its high profit potential. With a purchase price of $165,000 and a sale price of $323,000, the property promised substantial returns. The $54,000 renovation budget presented a clear opportunity to add value. Angels Camp's growing market further enhanced its appeal. Partnering with Seth Choate provided valuable local insights, making this an attractive and strategic investment for Partner Driven.

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

We found the Stanislaus Ave deal through our partner, Seth Choate, who identified the opportunity and brought it directly to us. Leveraging Seth's local market expertise, we secured the property for $165,000. Together, we negotiated favorable terms with the seller, ensuring a beneficial deal. This collaboration underscores the importance of strong partnerships and local insights in identifying and negotiating profitable real estate opportunities.

How did you finance this deal?

Partner Driven financed the Stanislaus Ave deal using its own capital, covering the $165,000 purchase price and $54,000 in renovation costs. This approach allowed us to move quickly and efficiently, ensuring the project stayed on track. Our financial support demonstrated our commitment to providing the necessary resources for successful real estate investments, enabling a smooth and profitable transaction in collaboration with our partner, Seth Choate.

How did you add value to the deal?

Partner Driven added value to the Stanislaus Ave deal by investing $54,000 in comprehensive renovations. These updates modernized the property, improved its curb appeal, and significantly increased its market value. Our efficient project management ensured timely, on-budget completion. Strategic marketing highlighted the property's new features, attracting buyers quickly. These efforts boosted the property's value, leading to a successful sale at $323,000.

What was the outcome?

The outcome of the Stanislaus Ave deal in Angels Camp, CA, was highly successful. Partner Driven and Seth Choate purchased the property for $165,000, invested $54,000 in renovations, and sold it for $323,000 on 2/25/2023. This transaction showcased our effective renovation strategy and project management skills, resulting in a substantial profit. The deal highlighted the strength of our partnership with Seth and our commitment to delivering outstanding results through strategic investments.

Lessons learned? Challenges?

The Stanislaus Ave deal taught us valuable lessons and presented challenges. Managing the $54,000 renovation budget required careful oversight to ensure timely completion. Coordinating contractors and staying on schedule were key challenges. Despite these, the successful sale at $323,000 highlighted the importance of strategic planning, effective project management, and strong partnerships in maximizing profitability in real estate investments with Partner Driven.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $80,000
Sale price: $115,000

Contributors:
Peter Vekselman

Partner Driven, in collaboration with Jamie Munden, successfully completed a quick flip on 206 W. Kaskaskia St, Paola, KS 66071. We purchased the home on 02/22/2023 for $80,000 and sold it for $115,000 on 04/21/2023. This deal showcased our efficient transaction strategy and commitment to delivering profitable outcomes. The partnership with Jamie Munden exemplified our collaborative approach to maximizing property value through strategic investments.

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

Partner Driven was interested in the 206 W. Kaskaskia St deal in Paola, KS, due to its high profit potential and quick turnaround. With a purchase price of $80,000 and a sale price of $115,000, the property promised substantial returns with minimal investment. Paola's growing market further enhanced its appeal. Partnering with Jamie Munden provided valuable local insights, making this an attractive and strategic investment for Partner Driven.

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

We found the 206 W. Kaskaskia St deal through our partner, Jamie Munden, who identified the opportunity and brought it directly to us. Leveraging Jamie's local market expertise, we secured the property for $80,000. Together, we negotiated favorable terms with the seller, ensuring a beneficial deal. This collaboration underscores the importance of strong partnerships and local insights in identifying and negotiating profitable real estate opportunities.

How did you finance this deal?

Partner Driven financed the 206 W. Kaskaskia St deal using its own capital, covering the $80,000 purchase price. This approach allowed us to move quickly and efficiently, ensuring the project stayed on track. Our financial support demonstrated our commitment to providing the necessary resources for successful real estate investments, enabling a smooth and profitable transaction in collaboration with our partner, Jamie Munden.

How did you add value to the deal?

Partner Driven added value to the 206 W. Kaskaskia St deal by leveraging our expertise and local market knowledge. Our strategic marketing efforts highlighted the property's potential, attracting buyers quickly. We ensured the property was well-presented and in good condition, increasing its appeal. These efforts boosted the property's value, leading to a successful sale at $115,000, demonstrating our effective approach to maximizing returns with minimal investment.

What was the outcome?

The outcome of the 206 W. Kaskaskia St deal in Paola, KS, was highly successful. Partner Driven and Jamie Munden purchased the property for $80,000 and sold it for $115,000 on 04/21/2023. This transaction showcased our efficient transaction strategy and ability to deliver substantial profits quickly. The deal highlighted the strength of our partnership with Jamie and our commitment to achieving outstanding results through strategic investments.

Lessons learned? Challenges?

The 206 W. Kaskaskia St deal taught us valuable lessons and presented challenges. One key challenge was ensuring the property was marketed effectively to attract buyers quickly. Coordinating efforts with our partner, Jamie Munden, was crucial in overcoming this. The successful sale at $115,000 highlighted the importance of strategic planning, effective marketing, and strong partnerships in achieving profitable outcomes in real estate investments.

Investment Info:

Single-family residence fix & flip investment in Durand.

Purchase price: $116,000
Cash invested: $19,500
Sale price: $198,000

Contributors:
Peter Vekselman

Partner Driven, in collaboration with our partner Heather, successfully completed a fix-and-flip on S Vernon Rd, Durand, MI 48429. We purchased the home on 12/21/2022 for $116,000, invested $19,500 in renovations, and sold it for $198,000 on 3/23/2023. This deal showcased our effective renovation strategy and commitment to delivering profitable outcomes, exemplifying our collaborative approach to maximizing property value through strategic investments.

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

Partner Driven was interested in the S Vernon Rd deal in Durand, MI, due to its high profit potential. With a purchase price of $116,000 and a sale price of $198,000, the property promised substantial returns. The $19,500 renovation budget presented a clear opportunity to add value. Durand's growing market further enhanced its appeal. Partnering with Heather provided valuable local insights, making this an attractive and strategic investment for Partner Driven.

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

We found the S Vernon Rd deal through our partner, Heather, who identified the opportunity and brought it directly to us. Leveraging Heather's local market expertise, we secured the property for $116,000. Together, we negotiated favorable terms with the seller, ensuring a beneficial deal. This collaboration underscores the importance of strong partnerships and local insights in identifying and negotiating profitable real estate opportunities.

How did you finance this deal?

Partner Driven financed the S Vernon Rd deal using its own capital, covering the $116,000 purchase price and $19,500 in renovation costs. This approach allowed us to move quickly and efficiently, ensuring the project stayed on track. Our financial support demonstrated our commitment to providing the necessary resources for successful real estate investments, enabling a smooth and profitable transaction in collaboration with our partner, Heather.

How did you add value to the deal?

Partner Driven added value to the S Vernon Rd deal by investing $19,500 in targeted renovations. These updates modernized the property, improved its curb appeal, and significantly increased its market value. Our efficient project management ensured the renovations were completed on time and within budget. Additionally, our strategic marketing efforts highlighted the property's new features, attracting buyers quickly and boosting the property's value, leading to a successful sale at $198,000.

What was the outcome?

The outcome of the S Vernon Rd deal in Durand, MI, was highly successful. Partner Driven and Heather purchased the property for $116,000, invested $19,500 in renovations, and sold it for $198,000 on 3/23/2023. This transaction showcased our effective renovation strategy and project management skills, resulting in a substantial profit. The deal highlighted the strength of our partnership with Heather and our commitment to delivering outstanding results through strategic investments.

Lessons learned? Challenges?

The S Vernon Rd deal taught us valuable lessons and presented challenges. Managing the $19,500 renovation budget required careful oversight to ensure timely completion. Coordinating contractors and staying on schedule were key challenges. Despite these, the successful sale at $198,000 highlighted the importance of strategic planning, effective project management, and strong partnerships in maximizing profitability in real estate investments with Partner Driven.