All Forum Posts by: Michael DeWitt

Investment Info:

Single-family residence buy & hold investment in Silver Spring.

Purchase price: $475,000
Cash invested: $100,000

Are second investment and are first short term rental. We picked up the house form a flipper who upgraded the interior, kitchen, bathrooms, upgraded the basement and plumbing. We upgraded the the have, water heater, and electrical. My wife and are interior decorator. Furnished and decorated the interior and the patio.

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

Good up and coming are. Close to downtown Denver, airport and family friendly areas.

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

MLS and my realtor Dan Guenther

How did you finance this deal?

10% down Conventional loan.

Investment Info:

Single-family residence buy & hold investment in Elizabeth.

Purchase price: $558,613
Cash invested: $58,000

The fix and flip that turned into a BRRRR. Full basement, flooring, wall repair, havc replacement, and landscaping

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $558,613
Cash invested: $45,000

My first Fix and flip forecloser. That was also a grow house.

Almost done closing on my first fix and flip. Built in 2017 sf home. Exterior is a 10. Interior is 6. Landscape is a 3. My budget is 30-35k to put in to it. 20k will get it in good shape ( paint, carpet, inter door, crown molding replacement).  10k for upgrading tech, kitchen back splash, bathroom tile in the second full bathroom, design upgrades) and 5k for any surprises or cost increase..... My question to anyone who has done this is. Are the upgrades worthwhile? Or should I replace all the appliances for best profits or just get it in good condition and keep the 10 to 15k?...Targeted buyers are upper middle class family