All Forum Posts by: Sam Gergley

Thanks everyone for your support and comments !

@Robert Ellis ,   Precision Glass does an excellent job with shower glass.  They are my go to.  I've used some others with a bad experiance.

@Keith Vinson thanks for the comment.  If you have any opportunities please reach out!

Hello, I am a relatively new investor and new to bigger pockets!

I just wanted to introduce myself to the community and share a quick flip success story.

My main goal is to develop a buy/hold/rent strategy. This flip happened because of a rookie mistake. I was unaware that the condo association had a "no rental" policy.

After finding this out I decided to sell after two years of ownership to avoid paying capital gains and to reinvest my profits into a new condo that I could eventually rent.

I am currently working on a condo in the Brewery District and will post photos when that is completed.

I am always looking for opportunities and new connections so please reach out!

Here are the numbers:

Purchase Price: $143,000

% Down: 10%

Rehab Cost: $10,000 (Did work myself)

Resell Price: $205,000 ( 24 months later, record price for the building)

Profit after Realtor Fees: $40,000

After Photos are below: