All Forum Posts by: Natalie Elliott

Investment Info:

Single-family residence fix & flip investment in Boise.

Purchase price: $215,000
Cash invested: $215,000

Purchased as a flip option from an excessive dog hoarder.

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

I knew that there was potential to flip this house and make money.

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

A friend was selling it.

How did you finance this deal?

Cash

How did you add value to the deal?

Completely flipped it.

What was the outcome?

It is currently being flipped.

Lessons learned? Challenges?

Oh my! Wear industrial masks.

Investment Info:

Single-family residence fix & flip investment in Boise.

Purchase price: $200,000
Cash invested: $57,000
Sale price: $348,000

Fixed and flipped the home. Made a return of 32%.

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

This home had 1/3 acre, which is incredibly hard to find in Boise City.

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

A friend reached out to me to see if I was interested in buying it.

How did you finance this deal?

Paid Cash.

How did you add value to the deal?

Completely remodeled.

What was the outcome?

We went pending in minutes on the MLS.

Single-family residence other investment in Boise.

Purchase price: $225,000
Cash invested: $225,000

Co-signed with married, adult children. Wonderful 1st home.

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

The price of real estate kept going up, my adult, married child had her own child on the way and I wanted them to have a home.

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

It was in the MLS.

How did you finance this deal?

cash loan as down payment, remodeled it for them with agreement of sharing 50% of equity when they sell to go to dental school.

How did you add value to the deal?

New flooring, Complete kitchen remodel, granite and tile in the bathrooms.

What was the outcome?

Its gorgeous and has increased in price by 15% in one year.

Lessons learned? Challenges?

Whomever owned it previously painted all the hinges.... need I say more?

Investment Info:

Single-family residence buy & hold investment in Boise.

Purchase price: $214,500.0
Cash invested: $25,000

Bought the home for our daughters to live in while they attend Boise State. They have two roommates, to share the bills. Value has gone up 46% in the time we have owned it.

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

Location

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

I found it while scouting property for a client.. she wasn't interested and we were.

How did you finance this deal?

Paid Cash

How did you add value to the deal?

Remodeled the paint, flooring, bathrooms.

What was the outcome?

Its gorgeous.

Lessons learned? Challenges?

I wish I had bought more properties in this area while I could afford to do so.