All Forum Posts by: Lisa K.

@Kurt Pauley

send me the info on you duplex. 

@Connor Streit 

We have completed only 11 deals. We like BRRRR best, nothing more powerful.

There is a great comunity of investors her in the area. When you get here reach out to anyone of us, we will help get you pluged in to the meetings. write know they have been zoom meetings so reach out to Collin Schwartz and get started now, Hopefully this Covid19 will end soon and we can get bact to the monthly meetup.

Investment Info:

Single-family residence fix & flip investment in Omaha.

Purchase price: $74,500
Cash invested: $59,436
Sale price: $198,000

Our First Flip was a huge undertaking. We did a ton of work our selves with the boys helping, ages 5 & 7 at the time. Had we payed for all the work to be done it would have been around a 85k rehab. We chose to do most of the work to help my girlfriend and the boys understand what all went into a rehab. It was a great experince for us all, the boys even ask to do more projects.

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

This deal was brought to us by a short sale realtor.

How did you finance this deal?

Private money lender for full purchase price. We then got our bank to load us full purchase price and 30k of the 60k rehab.

How did you add value to the deal?

We did a full Rehab every thing was updated. If contracted out it would have been a 80-85k rehab. we did a ton of work our selves. Leaving the rehab cost at $59,400

Lessons learned? Challenges?

The biggest Challenge was doing $30k worth of work ourselves when I was still working a 60 hour a week job and my partner (Girlfriend) lived 2 hours away. We always arguning over cost. She had no clue the cost to get things done.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

We worked with Kim Stephen who specalizes in short sales and working with investors.

@Connor Streit

Hello I live here in Omaha. I am a full time active Flipper and Buy & Hold Investor. I also have a 30 plus years in construction. Feel free to reach out if there is any thing I can help you with.

@Ashley Wright you can add me to your list

@Alen Strong send me a PM i have 2 insurance people we use

I would recomend Bob Dick with Bland & Associates if you want his contact PM me

At my day job we handle anything concrete related. give us a call. 

CCD ENTERPRISES

402-896-8618

@Dave Vona @Lance Peterson drop us a line and we will add you to our buyer list as well [email protected]

@Max Fleissner I have an Audio recording of the meeting if you would like a copy.