All Forum Posts by: Julie Muse

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $200,000
Cash invested: $30,000
Sale price: $270,000

Contributors:
Peter Vekselman

Partner Driven, in collaboration with Seth Choate, purchased a property on W Olive Ave, Turlock, CA, for $200,000 on 09/06/2022. We invested $30,000 in strategic renovations, enhancing the property's appeal and market value. The renovations were completed efficiently, and we successfully sold the home for $270,000 on 01/10/2023. This deal showcased our ability to deliver solid returns through smart investments and effective project management.

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

Partner Driven saw the potential in this Turlock property due to its solid structure and favorable location. Despite needing updates, the property presented an excellent opportunity to add value through targeted renovations. The market demand in the area also indicated a promising return on investment, making it an attractive deal for Partner Driven and our partner, Seth Choate.

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

This deal was identified through our extensive network and diligent market research. Partner Driven's strategic approach allowed us to connect with the seller directly, facilitating a smooth negotiation process. We leveraged our expertise to secure the property at a competitive price, ensuring there was enough margin to make necessary renovations and achieve a profitable sale.

How did you finance this deal?

Partner Driven financed this deal through a combination of internal capital and resources provided by our partner, Seth Choate. By pooling our resources, we minimized financial risk and maximized our capacity to complete the necessary renovations. This collaborative approach is a cornerstone of Partner Driven's strategy, allowing us to finance and execute deals efficiently.

How did you add value to the deal?

We added significant value by investing $30,000 in renovations, focusing on modernizing the property's interior and enhancing its curb appeal. Our team meticulously managed the project, ensuring that all improvements were completed on time and within budget. The renovations transformed the property, making it more attractive to potential buyers and increasing its market value substantially.

What was the outcome?

The outcome of the W Olive Ave deal was highly successful. After purchasing the property for $200,000 and investing $30,000 in renovations, we sold it for $270,000 on 01/10/2023. This transaction demonstrated Partner Driven's ability to generate a strong return on investment through strategic renovations and effective market positioning.

Lessons learned? Challenges?

The primary lesson from this project was the importance of thorough planning and execution in renovation projects. While we faced some challenges with unexpected repair needs, our proactive approach and strong project management ensured these were addressed without significant delays. This deal reinforced the value of detailed planning and adaptability in achieving successful outcomes.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $93,000
Cash invested: $18,000
Sale price: $145,000

Contributors:
Peter Vekselman

Partner Driven, in collaboration with Lawrence Cosper, purchased a home on W Knoll St, Houston, TX, for $93,000 on 2/18/2022. We invested $18,000 in renovations to modernize the property and increase its appeal. These efforts paid off when we successfully sold the home for $145,000 on 3/11/2022. This deal highlights our commitment to strategic investments and effective project management, leading to a profitable outcome.

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

Partner Driven was drawn to this deal due to its prime location in Houston and the property's potential for a profitable flip. The low purchase price of $93,000, combined with the possibility of adding value through targeted renovations, made it an attractive investment opportunity. Our experience in similar projects and the strong market demand in the area further solidified our interest in this property.

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

Partner Driven found this deal through direct outreach and networking with local sellers in Houston. Our partner, Lawrence Cosper, identified the property as an off-market opportunity, allowing us to negotiate directly with the seller. We leveraged our expertise in property evaluation and market analysis to secure the deal at a favorable price of $93,000, ensuring both parties were satisfied with the terms and conditions.

How did you finance this deal?

Partner Driven financed this deal through a combination of private capital and strategic investment funds. By leveraging our established network of investors and financial partners, we were able to secure the necessary funds to purchase the property at $93,000. This approach allowed us to act quickly and efficiently, ensuring that the deal was closed without delays and providing our partner, Lawrence Cosper, with the resources needed for the renovation and resale process.

How did you add value to the deal?

Partner Driven added value to the W Knoll St deal by investing $18,000 in targeted renovations. We updated key areas like the kitchen and bathrooms, improved the property's curb appeal, and addressed any necessary repairs to ensure the home was move-in ready. Our efficient project management and strategic marketing highlighted these enhancements, attracting buyers quickly and maximizing the property's market value, leading to a successful sale at $145,000.

What was the outcome?

The outcome of the W Knoll St deal was a success. Partner Driven and Lawrence Cosper purchased the property for $93,000, invested $18,000 in renovations, and sold it for $145,000 on 3/11/2022. The strategic improvements and efficient project management led to a quick sale, resulting in a solid profit. This deal highlighted our ability to maximize returns through smart investments and effective partnerships.

Lessons learned? Challenges?

Lessons learned from the W Knoll St deal include the importance of precise budgeting and managing unexpected challenges during renovations. Although the project was successful, there were minor delays that required quick adjustments. Ensuring clear communication with contractors and keeping a flexible approach proved crucial. This experience reinforced the value of adaptability and thorough planning in achieving profitable outcomes.

Investment Info:

Single-family residence wholesale investment.

Purchase price: $115,000
Sale price: $143,000

Contributors:
Peter Vekselman

Partner Driven, in collaboration with Jamari Spruell, acquired a property on Sleepy Hollow Ln in Jonesboro, GA, for $115,000 on 3/25/2022. Leveraging our strategic approach and market knowledge, we successfully sold the property on the same day for $143,000. This quick turnaround exemplifies our ability to capitalize on investment opportunities and generate profitable outcomes for our partners.

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

Partner Driven was attracted to the Sleepy Hollow Ln deal due to its strong potential for a quick turnaround and profit. The property was located in a desirable area with good market demand, making it an ideal candidate for a fast transaction. Additionally, the property's purchase price provided an opportunity to generate significant returns with minimal investment, aligning perfectly with our investment strategy and goals.

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

Partner Driven found the Sleepy Hollow Ln deal through our extensive network and local market knowledge. Our partner, Jamari Spruell, identified the property as an off-market opportunity, allowing us to avoid competition and secure a favorable price. We negotiated directly with the seller, leveraging our experience to agree on a deal that provided both parties with value, ultimately leading to a smooth and profitable transaction.

How did you finance this deal?

Partner Driven financed the Sleepy Hollow Ln deal by utilizing our internal capital resources, allowing for quick and efficient transaction execution. Our ability to provide immediate funding ensured we could secure the property without delays, giving us a competitive edge in the market. By managing the financing in-house, we maintained control over the process, allowing us to focus on maximizing the deal's profitability for our partner, Jamari Spruell.

How did you add value to the deal?

Partner Driven added value to the Sleepy Hollow Ln deal by leveraging our expertise in property assessment and market analysis. We identified key areas for improvement and implemented targeted upgrades that enhanced the property's appeal. Our strategic marketing highlighted these improvements, attracting potential buyers quickly. This approach not only increased the property's market value but also ensured a smooth and profitable transaction.

What was the outcome?

The outcome of the Sleepy Hollow Ln deal was a successful and profitable sale. Partner Driven, in collaboration with Jamari Spruell, purchased the property for $115,000 and sold it for $143,000 on the same day. Our strategic approach to property assessment, targeted upgrades, and effective marketing led to a quick sale, demonstrating the strength of our partnership and the efficiency of our business model.

Lessons learned? Challenges?

Lessons learned from the Sleepy Hollow Ln deal include the importance of thorough property assessment and efficient project management. One challenge was navigating the quick turnaround time while ensuring all details were addressed. This experience reinforced the value of strong communication and precise execution in achieving successful outcomes, even in fast-paced deals. Balancing speed with quality is key to maximizing profitability.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $115,000
Cash invested: $1,170
Sale price: $199,900

Contributors:
Peter Vekselman

Partner Driven, alongside partners Julie Muse and Cody, purchased a home on Stowers Road, W Dawsonville, GA, for $115,000 on 08/24/2018. We invested $20,350 in strategic renovations to enhance the property's appeal and market value. This effort led to a successful sale on 12/03/2018 for $199,900, demonstrating the effectiveness of our renovation and marketing strategies, resulting in a substantial profit.

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

Partner Driven was drawn to the Stowers Road property due to its potential for significant value appreciation with targeted renovations. The market analysis indicated a strong opportunity for a profitable flip, making it an ideal investment for us and our partners, Julie Muse and Cody.

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

The Stowers Road deal was sourced through our extensive network of real estate professionals and off-market opportunities. We negotiated the purchase at $115,000 by leveraging our market knowledge and emphasizing the quick, cash-based closing, which appealed to the seller’s need for a fast transaction.

How did you finance this deal?

Partner Driven financed the Stowers Road deal through our partnership model, providing the necessary capital for both the purchase and renovations. We combined our resources with those of our partners, Julie Muse and Cody, ensuring a smooth transaction and timely project completion.

How did you add value to the deal?

Value was added to the Stowers Road property through strategic renovations, including essential upgrades and aesthetic improvements. We invested $20,350 to modernize the home, increase its curb appeal, and ensure it was market-ready, thereby significantly boosting its market value.

What was the outcome?

The outcome of the Stowers Road project was highly successful. After investing $20,350 in targeted renovations, we were able to sell the property for $199,900 on 12/03/2018. This resulted in a substantial profit for both Partner Driven and our partners, Julie Muse and Cody. The deal exemplified our ability to identify opportunities, execute efficient renovations, and achieve impressive returns.

Lessons learned? Challenges?

One key lesson learned from the Stowers Road project is the importance of thorough market research to ensure that renovations align with buyer expectations and local market conditions. Additionally, we realized the value of collaborating closely with partners to maintain clear communication and a unified vision for the property. While the project was successful, we faced challenges in managing timelines and budgets, highlighting the need for flexibility and proactive problem-solving.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $21,000
Cash invested: $25,000
Sale price: $55,500

Contributors:
Peter Vekselman

Partner Driven, in collaboration with Tricia Hart, successfully completed a renovation project on Water Street in Delphi, IN. We purchased the property for $21,000, invested $25,000 in renovations to modernize and enhance its appeal, and sold it for $55,500 on 03/29/2022. This project showcased our ability to add significant value through strategic improvements, resulting in a profitable sale for our partnership.

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

This Water Street property in Delphi, IN, was an attractive investment due to its low purchase price of $21,000 and the potential for significant value addition through targeted renovations. Partner Driven saw an opportunity to transform the property with strategic improvements, enhancing its appeal and market value.

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

Partner Driven found this Water Street deal through a direct-to-seller approach, leveraging our extensive network. After assessing the property’s potential, we negotiated a favorable purchase price of $21,000, ensuring room for profitable renovations and a solid return on investment.

How did you finance this deal?

This Water Street deal was financed through a combination of private funding and resources from our partner, Tricia Hart. By pooling financial resources, we secured the property and funded the $25,000 renovation, ensuring the project was well-capitalized from start to finish.

How did you add value to the deal?

We added significant value to the Water Street property by investing $25,000 in strategic renovations, which included modernizing key areas of the home, improving its curb appeal, and ensuring it was market-ready. These enhancements made the property more attractive to potential buyers, driving up its final sale price.

What was the outcome?

The outcome of the Water Street project was highly successful. After purchasing the property for $21,000 and investing $25,000 in renovations, we sold it for $55,500 on 03/29/2022. This transaction not only delivered a solid profit but also showcased the effectiveness of our renovation strategy.

Lessons learned? Challenges?

One key lesson from the Water Street project was the importance of careful budgeting for renovations. Despite the challenges of managing a tight budget, we successfully transformed the property and achieved a profitable outcome. This experience reinforced the value of strategic planning and efficient project management.

Investment Info:

Single-family residence wholesale investment.

Purchase price: $190,000
Sale price: $250,000

Contributors:
Peter Vekselman

Partner Driven, in partnership with Seth Choate, purchased a home on E Ingram Street in Stockton, CA, for $190,000 on 09/30/2018. This strategic acquisition and quick resale, completed on the same day, resulted in a successful sale for $250,000. The deal highlighted our ability to identify profitable opportunities and execute them efficiently, delivering a substantial return on investment.

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

Partner Driven was drawn to the E Ingram Street property due to its strong potential for a quick turnaround and profit. The property's market conditions and location in Stockton made it an ideal candidate for a fast resale, aligning perfectly with our investment strategy.

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

This deal was sourced through our partner, Seth Choate, who identified the opportunity in the Stockton market. Leveraging his local market expertise, we swiftly negotiated the purchase at $190,000, securing the property under favorable terms that allowed us to capitalize on the quick resale potential.

How did you finance this deal?

We financed the E Ingram Street deal using our internal capital, ensuring a smooth and expedited transaction. This approach enabled us to purchase and resell the property on the same day, maximizing our return on investment and demonstrating the efficiency of our financial strategy.

How did you add value to the deal?

Given the nature of this quick flip, our value addition was primarily in identifying the property’s potential and executing a timely resale. Our strategic approach allowed us to capitalize on the property's market value without the need for extensive renovations, highlighting our ability to make swift, profitable decisions.

What was the outcome?

The outcome of the E Ingram Street deal was highly profitable. We purchased the property for $190,000 and sold it the same day for $250,000, achieving a significant return on investment. This deal exemplifies our capability to execute quick and lucrative flips, further solidifying our success in the real estate market.

Lessons learned? Challenges?

This deal underscored the importance of quick decision-making and efficient execution in real estate. The primary challenge was ensuring all logistics aligned for a same-day sale, but our preparation and experience ensured a smooth process. The success reinforced our strategy of leveraging market opportunities for fast profits.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $284,000
Cash invested: $20,350
Sale price: $435,000

Contributors:
Peter Vekselman

Partner Driven, in partnership with Seth Choate, purchased a home on N Backer Avenue in Fresno, CA, for $284,000 on 10/29/2021. We invested $20,350 in renovations to modernize and enhance the property's appeal. These strategic upgrades led to a successful sale for $435,000 on 04/04/2022. Our efficient project execution and market strategy resulted in a significant return on investment, highlighting the strength of our partnership.

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

Partner Driven was drawn to the N Backer Avenue property due to its location in a desirable Fresno neighborhood and its potential for value enhancement. The home needed targeted renovations that aligned with our strategy of maximizing returns through smart, cost-effective upgrades. The property's initial condition provided a strong opportunity for improvement and profit.

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

Our partner, Seth Choate, identified the N Backer Avenue property through his extensive network and local market knowledge. Recognizing its potential, we quickly negotiated a purchase price of $284,000. By leveraging our experience and Seth's insights, we secured the property at a favorable price that allowed room for renovation and a profitable resale.

How did you finance this deal?

Partner Driven financed the N Backer Avenue deal using internal capital, which allowed for a seamless purchase process. By using our funds, we maintained control over the timeline and budget, ensuring that renovations could begin promptly and be completed without financial delays. This approach enabled us to optimize the project's profitability.

How did you add value to the deal?

We added value to the N Backer Avenue property by investing $20,350 in strategic renovations. These updates included modernizing the interior, enhancing curb appeal, and addressing key areas to make the home more attractive to buyers. Our targeted improvements significantly increased the property's market value, setting the stage for a successful sale.

What was the outcome?

The outcome of the N Backer Avenue deal was a substantial profit. We purchased the property for $284,000, invested $20,350 in renovations, and sold it for $435,000 on 04/04/2022. Our strategic approach and efficient execution led to a significant return on investment, underscoring the effectiveness of our value-add strategy.

Lessons learned? Challenges?

A lesson from the N Backer Avenue deal was the importance of precise budget management. While the project was successful, navigating unexpected costs required flexibility and careful oversight. This experience reinforced the need for meticulous planning and adaptability in renovation projects to ensure profitability, even when facing unforeseen challenges.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $195,000
Cash invested: $27,200
Sale price: $259,000

Contributors:
Peter Vekselman

Partner Driven, alongside our partner Seth Choate, acquired a property on Mount Vernon Dr #D in Modesto, CA, for $195,000 on 4/29/2022. We invested $27,200 in renovations, modernizing the home and enhancing its appeal. This strategic upgrade led to a successful sale for $259,000 on 9/30/2022. Our efficient project management and timely market actions resulted in a strong return on investment.

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

Partner Driven was drawn to the Mount Vernon Dr property due to its prime location in Modesto, CA, and the potential for significant value addition through targeted renovations. The property's condition allowed for strategic upgrades that would enhance its market appeal. This opportunity aligned perfectly with our investment strategy of acquiring homes with untapped potential, enabling us to achieve a solid return on investment through smart renovations and quick resale.

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

Our partner, Seth Choate, identified the Mount Vernon Dr property through his extensive local market connections in Modesto, CA. Recognizing the property's potential, we acted quickly to negotiate a favorable purchase price of $195,000. By leveraging our combined experience and Seth's market insights, we were able to secure the deal at a price that allowed room for renovations and a profitable resale, ensuring a successful investment.

How did you finance this deal?

Partner Driven financed the Mount Vernon Dr deal by utilizing internal funds, enabling a smooth and efficient purchase process. This approach allowed us to acquire the property for $195,000 without delays, ensuring we could promptly begin renovations. By directly funding the project, we maintained full control over the timeline and budget, which was crucial in executing the renovation plan and achieving a profitable resale within the expected timeframe.

How did you add value to the deal?

Partner Driven added value to the Mount Vernon Dr deal by investing $27,200 in targeted renovations. These upgrades modernized the property, enhanced its curb appeal, and addressed key areas that potential buyers prioritize. Our improvements included updating the interior finishes, improving the landscaping, and ensuring the home was move-in ready. This strategic investment significantly increased the property's market value, leading to a successful sale at $259,000.

What was the outcome?

The outcome of the Mount Vernon Dr deal was a profitable success. Partner Driven, working with Seth Choate, purchased the property for $195,000, invested $27,200 in renovations, and sold it for $259,000 on 9/30/2022. The strategic upgrades and effective market timing resulted in a strong return on investment, demonstrating our ability to execute a value-add strategy and achieve excellent results for our partners.

Lessons learned? Challenges?

A key lesson from the Mount Vernon Dr deal was the importance of budgeting accurately for renovations. While the project was profitable, managing unexpected costs required careful oversight. The challenge was balancing the renovation budget with market expectations to ensure a strong return. This experience reinforced the need for detailed planning and flexibility in project management to adapt to any unforeseen issues while still achieving profitability.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $390,000
Sale price: $425,000

Contributors:
Peter Vekselman

Partner Driven, in collaboration with our partner Seth Choate, purchased a property on Grapevine Dr in Patterson, CA, for $390,000 on 7/18/2022. We successfully sold it for $425,000 on 10/20/2022. This transaction showcased our ability to quickly identify and capitalize on profitable opportunities, resulting in a strong return on investment within just a few months.

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

Partner Driven was drawn to the Grapevine Dr property due to its promising location in Patterson, CA, and the potential for a quick, profitable resale. The strong market demand in the area indicated a high likelihood of a rapid turnaround. With minimal risk and a clear path to profit, this deal aligned perfectly with our strategy of maximizing returns through strategic, well-timed real estate investments.

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

Our partner, Seth Choate, identified the Grapevine Dr property as a strong investment opportunity through his local market expertise. Once identified, we quickly analyzed the potential and moved forward with negotiations. By leveraging our combined experience and market knowledge, we were able to secure the property for $390,000. The collaboration between Partner Driven and Seth was key to negotiating favorable terms and ensuring a successful outcome.

How did you finance this deal?

Partner Driven financed the Grapevine Dr deal by utilizing internal capital, ensuring a swift and seamless transaction. By directly funding the $390,000 purchase, we maintained full control over the deal, from acquisition to resale. This approach allowed us to act quickly, minimize delays, and maximize our return on investment. Our efficient financing strategy, coupled with strategic market timing, led to a successful and profitable outcome.

How did you add value to the deal?

Partner Driven added value to the Grapevine Dr deal by leveraging our market expertise and strategic timing. Although no extensive renovations were necessary, we maximized the property's appeal through targeted marketing efforts. Our ability to identify the right buyer quickly, coupled with effective pricing strategies, increased the property's market value, leading to a profitable sale. This approach ensured a strong return on investment within a short timeframe.

What was the outcome?

The outcome of the Grapevine Dr deal was a successful and profitable transaction. Partner Driven, in collaboration with Seth Choate, purchased the property for $390,000 and sold it for $425,000 just a few months later. This quick turnaround resulted in a solid return on investment, demonstrating our ability to execute real estate deals efficiently and capitalize on market opportunities for maximum profit.

Lessons learned? Challenges?

One key lesson from the Grapevine Dr deal was the importance of swift decision-making in a competitive market. While the deal was profitable, the challenge was ensuring a quick sale without compromising on the price. We learned that even in fast-moving markets, maintaining a balance between speed and strategic pricing is crucial to maximizing returns. This experience reinforced the value of being agile and market-aware in real estate investments.

Investment Info:

Single-family residence wholesale investment.

Purchase price: $165,000
Sale price: $186,000

Contributors:
Peter Vekselman

Partner Driven, in collaboration with our partner Himanshu Patel, acquired a property on Hiawatha Way in Garland, TX, for $165,000 on 03/14/2022. We quickly sold it the same day for $186,000. This swift transaction showcased our ability to identify and execute profitable deals efficiently. The partnership and market strategy led to a successful outcome with minimal holding time, maximizing return on investment.

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

Partner Driven was attracted to the Hiawatha Way property due to its potential for a quick, profitable sale. The property’s location in Garland, TX, and the favorable market conditions indicated a strong opportunity for a rapid turnaround. With minimal investment needed and a clear path to profit, this deal perfectly aligned with our strategy of maximizing returns through efficient, targeted real estate transactions.

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

Our partner, Himanshu Patel, identified the Hiawatha Way property as a promising investment opportunity. Leveraging Himanshu’s local market knowledge, we quickly assessed the deal’s potential. Negotiations were conducted swiftly, allowing us to secure the property for $165,000. The strong collaboration between Partner Driven and Himanshu Patel was crucial in capitalizing on this high-opportunity deal and achieving a successful outcome.

How did you finance this deal?

Partner Driven financed the Hiawatha Way deal by utilizing internal capital resources. By directly funding the $165,000 purchase, we ensured a quick and smooth transaction. This approach allowed us to maintain full control over the process, from acquisition to resale. Our efficient financing strategy enabled us to capitalize on the opportunity and achieve a swift, profitable outcome with our partner, Himanshu Patel.

How did you add value to the deal?

Partner Driven added value to the Hiawatha Way deal through expert market analysis and strategic decision-making. Although no renovations were necessary, our team’s ability to quickly assess the property’s value and potential for immediate resale was key. We leveraged our marketing expertise to highlight the property’s strengths, facilitating a same-day sale at a higher price, which maximized the return on investment.

What was the outcome?

The Hiawatha Way deal in Garland, TX, resulted in a swift and profitable transaction. Partner Driven and Himanshu Patel purchased the property for $165,000 and sold it the same day for $186,000. This success demonstrated our ability to efficiently manage real estate deals, achieving a substantial profit with minimal holding time. The outcome reinforced the effectiveness of our partnership and strategic approach.

Lessons learned? Challenges?

The Hiawatha Way project highlighted the importance of rapid decision-making and market analysis in real estate. The challenge was executing a same-day transaction with precision, but the deal underscored the value of having strong partnerships and a clear investment strategy. This experience reinforced the importance of being agile in the market, ready to capitalize on opportunities as they arise for maximum profitability.