All Forum Posts by: Julie Muse

Investment Info:

Single-family residence wholesale investment.

Purchase price: $100,000
Sale price: $147,000

Contributors:
Peter Vekselman

Partner Driven and Debra Cottom teamed up to purchase a home at Bayport Dr, Lancaster, TX, on 12/10/2024, for $100,000. With no renovations needed, we leveraged strategic pricing and marketing to sell it the same day for $147,000. This successful deal highlighted our ability to act quickly and capitalize on market-ready opportunities, delivering impressive results with speed and efficiency.

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

The Bayport Dr deal intrigued us due to its market-ready condition, favorable purchase price, and high potential for profit with minimal effort. The opportunity to collaborate with Debra Cottom on a deal requiring no renovations made it a perfect fit for a swift and profitable transaction.

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

Partner Driven identified the Bayport Dr property through our extensive network and partnerships. With Debra's expertise and keen negotiation skills, we secured the home for $100,000, ensuring it was positioned for a profitable and quick resale.

How did you finance this deal?

This deal was financed using Partner Driven’s capital resources, allowing for a seamless and efficient transaction. Our established process provided the financial backing to secure the property, enabling Debra to focus on the resale strategy.

How did you add value to the deal?

Partner Driven’s marketing expertise and network connections were key to this deal’s success. By positioning the property effectively and highlighting its strengths, we attracted motivated buyers quickly, ensuring a successful sale without the need for renovations.

What was the outcome?

The Bayport Dr deal closed successfully on the same day of purchase, selling for $147,000. This transaction demonstrated the strength of our partnership with Debra Cottom and our ability to capitalize on quick-turnaround opportunities.

Lessons learned? Challenges?

This deal reinforced the importance of recognizing market-ready opportunities and leveraging strategic partnerships. By acting quickly and aligning efforts with Debra’s expertise, we achieved success with minimal challenges, showcasing the power of collaboration and decisive action.

Investment Info:

Single-family residence wholesale investment.

Purchase price: $180,000
Sale price: $209,900

Contributors:
Peter Vekselman

Partner Driven and Traci Stephens purchased this Watertown, SD property on 12/06/2024 for $180,000 and sold it the same day for $209,900. With smart negotiations and a streamlined process, we capitalized on the opportunity for a quick and profitable turnaround. This deal highlights our expertise in identifying undervalued properties and delivering fast results for maximum profit.

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

We saw immediate potential in this quick flip opportunity. The property was well-located and priced under market value, offering a clear path to profit without needing significant renovations. Partner Driven and Traci Stephens recognized this as a low-risk deal with high potential for a rapid turnaround, making it a perfect addition to our portfolio.

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

This deal came through a direct seller lead, which we negotiated quickly and efficiently. After assessing the property's value and market conditions, we confidently made a competitive cash offer of $180,000. The seller was motivated to close fast, allowing us to secure the deal and set the stage for a profitable resale.

How did you finance this deal?

We utilized Partner Driven's proven funding model, leveraging our capital resources to close the deal with cash. By avoiding traditional financing, we moved swiftly to secure the property and maximize its value for a quick resale. This approach ensured minimal holding costs and a faster return on investment.

How did you add value to the deal?

The key to success on this property was recognizing its market-ready condition. While we didn’t need significant updates, our team focused on cleaning, staging, and marketing to highlight the home's features. By positioning it for a quick resale, we attracted buyers ready to close fast, ensuring maximum value with minimal input.

What was the outcome?

The property was purchased for $180,000 and sold the same day for $209,900, resulting in a swift and profitable transaction. This deal showcased our expertise in identifying quick-flip opportunities and streamlining the sales process. Partner Driven and Traci Stephens turned a solid profit without the need for major renovations.

Lessons learned? Challenges?

This deal reaffirmed the value of speed and precision. Acting quickly to identify and close under-market properties can deliver significant profits with minimal effort. The main challenge was ensuring the buyer was ready to close immediately, but our pre-listing strategy and efficient processes made this a seamless and successful transaction.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $28,000
Cash invested: $47,000
Sale price: $110,000

Contributors:
Peter Vekselman

Partner Driven, alongside our partner Billy Medlen, acquired a home on Raymond St, Richland, MO, for $28,000 on 02/20/2024. After investing $47,000 in thoughtful renovations, we transformed the property, enhancing both its functionality and appeal. Sold on 11/22/2024 for $110,000, this project highlights our strategic approach to revitalizing homes and delivering exceptional returns for our partners.

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

This Raymond St property caught our attention due to its affordable purchase price and potential for a high return after renovations. Located in a promising area of Richland, MO, the home was a blank slate for value-driven improvements. Partnering with Billy Medlen, we saw the opportunity to create a win-win situation by transforming the property and delivering a strong profit.

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

The Raymond St deal came through local market research and networking. After identifying the property’s potential, we negotiated a competitive purchase price of $28,000 by highlighting its renovation needs. Our team’s expertise in evaluating similar homes ensured the seller agreed on a fair price, making this a seamless acquisition for Partner Driven and our partner, Billy Medlen.

How did you finance this deal?

Partner Driven financed this project through our collaborative funding model. By partnering with Billy Medlen, we provided the necessary capital to purchase the property and fund $47,000 in renovations. This joint effort enabled us to maximize the property’s potential without financial strain, proving the strength of our partnership-driven approach to real estate investing.

How did you add value to the deal?

We transformed the Raymond St property by investing $47,000 in strategic renovations. These upgrades revitalized the home, boosting its curb appeal and market value. Partner Driven’s efficient project management ensured on-time, cost-effective improvements. Coupled with tailored marketing efforts, these enhancements attracted buyers and significantly increased the property’s profitability.

What was the outcome?

The Raymond St project was a resounding success. Purchased for $28,000 and sold for $110,000 on 11/22/2024, this deal showcased our ability to maximize returns. The $47,000 renovation investment paid off with a strong sale, demonstrating the power of strategic improvements and collaboration with our partner, Billy Medlen.

Lessons learned? Challenges?

One challenge was managing extensive renovations on a modestly priced home, requiring disciplined budgeting and planning. Staying on track with timelines was crucial to avoid unnecessary holding costs. The experience reinforced the importance of working with reliable partners like Billy Medlen and focusing on targeted improvements that maximize a property’s appeal and profitability.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $140,000
Cash invested: $35,000
Sale price: $249,900

Contributors:
Peter Vekselman

On 06/05/2024, Partner Driven and Preston Moore acquired this Meadowbrook Dr SE property for $140,000. After investing $35,000 in targeted renovations, we elevated its appeal and market value. Sold on 11/15/2024 for $249,900, this project highlights our commitment to creating value and achieving substantial returns.

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

This Meadowbrook Dr SE property presented an excellent opportunity due to its favorable location and untapped potential. The acquisition price and scope of renovations aligned perfectly with our strategic goals. With room to enhance its value through upgrades, we saw the opportunity to deliver a strong return while helping revitalize the neighborhood.

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

This property came to our attention through local market research and connections. We leveraged our expertise in negotiation to secure it at a competitive price of $140,000. Our ability to act quickly and decisively ensured we could close the deal efficiently, making it a win for both the seller and our team.

How did you finance this deal?

Partner Driven utilized a combination of resources to fund this project, including capital investment and support from our partner, Preston Moore. By leveraging strategic financing, we ensured all costs—from acquisition to renovations—were covered, enabling a smooth and efficient process from start to finish.

How did you add value to the deal?

Our team transformed the property by investing $35,000 in targeted renovations, focusing on modernizing its appearance and improving functionality. Strategic upgrades enhanced the property’s curb appeal and market value, making it more desirable to buyers and ensuring a competitive sale.

What was the outcome?

The Meadowbrook Dr SE property was successfully sold on 11/15/2024 for $249,900, showcasing the effectiveness of Partner Driven’s approach. Our strategic improvements and efficient project management resulted in a significant return, benefitting both our team and partner, Preston Moore.

Lessons learned? Challenges?

Managing renovation costs and timelines is crucial to maximize returns. While this project progressed smoothly, it reinforced the importance of clear communication and coordination with contractors to ensure renovations are completed efficiently. Continuous evaluation of market trends also played a key role in setting the optimal sale price.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $605,000
Cash invested: $12,000
Sale price: $785,000

Contributors:
Peter Vekselman

Partner Driven and Ann Mesa purchased this home for $605,000 on 06/27/2024, invested $12,000 in targeted renovations, and sold it for an impressive $785,000 on 11/15/2024. With strategic updates and market insight, this property became a highly desirable investment, showcasing the power of effective collaboration and value-driven improvements.

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

This Millpond Ct property was an exciting opportunity due to its prime location in San Juan Capistrano, CA, and its untapped potential. Despite its high purchase price, the neighborhood's strong market demand and low renovation needs made it a promising investment for maximizing profit with minimal turnaround time.

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

This property was sourced through Ann Mesa’s extensive network in Southern California. Negotiations focused on highlighting the quick closing capabilities of Partner Driven, securing a competitive price of $605,000 and ensuring the deal’s success despite the highly competitive market.

How did you finance this deal?

Partner Driven funded this transaction by leveraging a combination of internal capital and strategic partnership resources. This approach ensured quick closing while accommodating the $12,000 needed for targeted renovations to maximize the property’s resale potential.

How did you add value to the deal?

Strategic $12,000 renovations included minor updates to the kitchen and bathrooms, enhancing the property’s appeal to potential buyers. With these updates and professional staging, the home was transformed into a must-see listing, drawing significant interest and achieving a high resale value.

What was the outcome?

The Millpond Ct property sold for $785,000 on 11/15/2024, generating a remarkable return on investment. This success demonstrated the strength of the collaboration between Partner Driven and Ann Mesa and underscored the effectiveness of their renovation and marketing strategies.

Lessons learned? Challenges?

This deal emphasized the value of small, targeted renovations in competitive markets. The challenge of navigating a high-demand area was mitigated by expert staging and marketing, which highlighted the home’s updated features, leading to an exceptional outcome.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $50,000
Cash invested: $35,000
Sale price: $121,000

Contributors:
Peter Vekselman

Partner Driven and Kody Higginbotham purchased the W 10th St property in Crowley, LA, for $50,000 on 8/27/2024. With a $35,000 renovation budget, we transformed the home, significantly enhancing its appeal and market value. The updated property sold for $121,000 on 11/8/2024. This successful project highlights our teamwork and ability to maximize value through strategic investments and improvements.

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

This property presented a perfect value-add opportunity with its low purchase price and potential for high returns. Located in Crowley, LA, it fit Partner Driven’s strategy of finding homes in need of renovations that could appeal to buyers with modernized features and design.

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

The deal came through local market research combined with insights from Kody Higginbotham. Negotiating with the seller was straightforward, leveraging the property's condition to secure a $50,000 purchase price.

How did you finance this deal?

Financing was streamlined through Partner Driven’s program, covering both the $50,000 purchase price and the $35,000 renovation budget. This allowed our partner, Kody, to focus on project execution without financial hurdles.

How did you add value to the deal?

We allocated $35,000 to renovations, focusing on interior updates and enhancing curb appeal. These strategic improvements modernized the home, making it move-in ready and increasing its desirability among buyers.

What was the outcome?

The investment paid off with the home selling for $121,000 on 11/8/2024. This project exemplified the strength of the partnership and Partner Driven’s ability to generate substantial returns through careful planning and execution.

Lessons learned? Challenges?

The biggest takeaway from this deal was the importance of balancing renovation costs with market potential. The $35,000 investment was carefully managed to avoid over-improving while still delivering an attractive property that resonated with buyers.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $160,000
Cash invested: $25,000
Sale price: $260,000

Contributors:
Peter Vekselman

Partner Driven acquired this N Lofgren Rd property in Rolling Prairie, IN, on 03/29/2024 for $160,000. With a $25,000 renovation investment, we modernized and enhanced the home’s value. Our strategic improvements and targeted marketing paid off, resulting in a successful sale on 10/25/2024 for $260,000. Working with Ron Rowan, we achieved a rewarding outcome on this well-planned investment.

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

Partner Driven was drawn to the N Lofgren Rd property due to its solid potential for value appreciation. The modest purchase price, combined with an ideal renovation budget, presented a prime opportunity to improve the home’s market appeal. Additionally, the property’s location in Rolling Prairie, IN, aligned well with our investment strategy, making this a promising project for collaboration with our partner Ron Rowan.

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

We identified this N Lofgren Rd property through our partner network, and upon evaluation, we recognized its potential. Ron Rowan’s local insights helped us approach the seller with a fair offer of $160,000. By negotiating effectively, we reached a deal that suited both parties, allowing us to focus on planned renovations that would significantly increase the property’s resale value.

How did you finance this deal?

This investment was financed through a combination of Partner Driven capital and support from our partner Ron Rowan. By leveraging our financial resources alongside Ron's contributions, we were able to secure the property quickly and allocate funds efficiently for the $25,000 renovation. This joint approach ensured a seamless process from purchase to renovation and resale.

How did you add value to the deal?

Our $25,000 renovation budget allowed us to make targeted upgrades, modernizing the property and enhancing its appeal to buyers. We focused on high-impact areas such as kitchen and bathroom updates, as well as improving curb appeal. Strategic marketing highlighted these upgrades, making the property stand out in the market and contributing to its sale at $260,000.

What was the outcome?

The Rolling Prairie investment proved highly successful. Partner Driven and Ron Rowan acquired the property for $160,000, invested in thoughtful renovations, and sold it for $260,000 on 10/25/2024. This outcome reflects our effective project management, targeted renovation approach, and strong collaboration with Ron, culminating in a profitable deal for all parties involved.

Lessons learned? Challenges?

Throughout this project, we learned the importance of prioritizing renovations that align with buyer expectations in the area. Balancing the budget to make impactful upgrades while avoiding overspending was key to our success. Partnering with Ron was invaluable, as his local knowledge supported effective decision-making and helped us navigate any market-specific challenges efficiently.

Investment Info:

Single-family residence wholesale investment.

Purchase price: $50,000
Sale price: $160,000

Contributors:
Peter Vekselman

Partner Driven and Archie Raglin bought this Pleasant Hill property on Benton St for $50,000. Leveraging strategic market appeal, we turned it around the same day, securing a sale at $160,000. This quick profit flip highlighted our expertise in identifying high-potential properties and executing rapid sales for substantial gains in Pleasant Hill’s thriving market.

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

Partner Driven saw the Benton St property as an opportunity to achieve a high return with minimal initial investment, focusing on its high potential in the Pleasant Hill market. The property's quick-sale prospects aligned with our strategy for fast, profitable flips.

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

Partner Driven identified this deal through local market research and a strong connection with our partner, Archie Raglin. We negotiated a purchase price of $50,000, recognizing the quick resale potential.

How did you finance this deal?

We financed this acquisition by leveraging Partner Driven’s capital resources, ensuring we could act swiftly on the Benton St property while allowing our partner, Archie Raglin, to engage in a low-risk investment.

How did you add value to the deal?

Instead of extensive renovations, we focused on strategic market positioning to enhance the property's appeal. Our real estate expertise was instrumental in maximizing interest and attracting offers.

What was the outcome?

This deal proved successful with a rapid same-day sale. We acquired the property for $50,000, and with targeted strategies, achieved a $160,000 sale. This quick flip was a testament to our effective approach in Pleasant Hill.

Lessons learned? Challenges?

Recognizing the potential in properties with minimal improvement needs allowed us to streamline this process. We learned that some properties simply require strong market insights and timing rather than major renovations to achieve a solid profit.

Investment Info:

Single-family residence wholesale investment.

Purchase price: $197,000
Sale price: $205,000

Contributors:
Peter Vekselman

Partner Driven and Rod King acquired this Detroit property on Kipling St for $197,000 and made a swift resale on the same day for $205,000. This fast turnaround highlighted our ability to identify profitable opportunities and act decisively, creating value with minimal holding time. It’s a testament to our efficient processes and strategic partnership with Rod.

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

Partner Driven saw Kipling St as an ideal opportunity for a rapid return with minimal holding. Its favorable location in Detroit and demand for local housing presented a straightforward profit path, allowing us to quickly flip and earn, making it a strong choice for Partner Driven and Rod King.

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

We found Kipling St through targeted local market research, identifying it as a quick-turn opportunity. Negotiations focused on a win-win approach, securing the property at $197,000, aligning with market value, while setting us up for a profitable resale with a trusted buyer on the same day.

How did you finance this deal?

Partner Driven financed the Kipling St acquisition using internal capital resources, allowing for a smooth and quick transaction. Our swift funding process meant there were no delays, enabling us to complete the same-day purchase and resale seamlessly and achieve rapid returns with Rod King.

How did you add value to the deal?

By leveraging strong negotiation skills and market knowledge, Partner Driven secured Kipling St below comparable prices, making it attractive for immediate resale. We highlighted its prime Detroit location to potential buyers, enhancing appeal without needing extensive improvements, creating a win-win outcome.

What was the outcome?

The Kipling St deal resulted in a same-day flip, purchased for $197,000 and sold for $205,000, yielding an instant profit. This outcome demonstrated Partner Driven’s ability to identify and execute rapid-turn deals effectively, underscoring the benefits of our partnership with Rod King.

Lessons learned? Challenges?

Kipling St reinforced the importance of market timing and swift transactions. Our Detroit market insight enabled us to act fast, turning a profit in one day. However, we also learned that even in high-demand areas, careful buyer vetting is key to ensure smooth closings on fast flips.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $17,000
Cash invested: $2,500
Sale price: $13,000

Contributors:
Peter Vekselman

Partner Driven and Tony Rigsby purchased this Huntington, WV property on 7/15/2024 for $17,000, adding $2,500 in renovations. Unfortunately, a break-in led to stolen copper, making it cost-effective to take a $9,000 loss and sell as-is for $13,000 on 10/28/2024. Despite the setback, we minimized costs by pivoting and closing quickly.

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

Partner Driven was drawn to this property for its low acquisition cost and strong market potential. The affordable entry price, paired with the potential to increase value through minimal renovations, presented a worthwhile opportunity for high returns. Our commitment to cost-effective, high-impact improvements aligned with this property, making it an appealing addition to our investment strategy.

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

Our team located this deal through a local property network and assessed it as a promising investment due to its low purchase price and straightforward rehab needs. Partner Driven negotiated directly with the seller, emphasizing a quick and efficient closing process to secure the deal at an attractive price, benefiting both our partner and the seller.

How did you finance this deal?

Partner Driven utilized its dedicated investment capital, ensuring a swift cash purchase. By financing through our in-house resources, we were able to expedite the closing and streamline the investment process. This method allowed us to move quickly, securing favorable terms and avoiding third-party financing delays, which helped our partner focus on the property’s renovation and resale.

How did you add value to the deal?

We focused on targeted renovations, prioritizing necessary improvements while keeping costs controlled. The updates boosted the property’s curb appeal and livability, aligning with the local buyer market. Partner Driven’s efficient project management and marketing strategy highlighted the renovated features, ensuring the property’s attractiveness and appeal to prospective buyers.

What was the outcome?

The property was successfully resold, meeting our initial financial goals despite challenges. Through quick action and strategic decisions, the team managed to maximize the potential return. This transaction underscored the value of adaptability and strong partnerships, yielding a favorable outcome that reinforced our commitment to calculated risk-taking and fast-tracked solutions in the face of unexpected issues.

Lessons learned? Challenges?

This deal reminded us of the importance of risk assessment and contingency planning in real estate. Despite the break-in setback, our ability to pivot quickly minimized further expenses. This experience highlighted the need for vigilance in safeguarding properties under renovation and reinforced the benefits of having flexible strategies for unexpected challenges.