All Forum Posts by: Cody Harris

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $275,000
Cash invested: $25,000
Sale price: $387,000

Bought, renovated entire house. resold.

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

It was a newer house, in good shape, with profit potential.

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

Auction. Went to the auction and bid on it.

How did you finance this deal?

Cash

How did you add value to the deal?

Renovated the whole house

What was the outcome?

Good return on investment.

Lessons learned? Challenges?

It actually went really smooth believe it or not haha

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

My wife listed the house.

Investment Info:

Other buy & hold investment in Titusville.

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

Bought 3 acre parcel to do a new build on. Sat on it for a year and then resold the lot.

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

Planned to do a new build on it. Value increase on the lot and had profit so decided to sell it.

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

Found it through the MLS.

How did you finance this deal?

cash

What was the outcome?

Flipped it for profit.

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

Yes I was the Realtor on it.

@Mariah Porter my personal opinion would be to invest locally for your first if possible. If the numbers don’t make sense then research and build a team where you want to invest. I wouldn’t invest in a negative cash flow situation though

@Adam Lendi did you ever get the rv park going?

@Stefan D. Glad you might at least break even. Thanks for posting something that proves it’s not all easy roses.

@Aaron Reeves hey I’m a Realtor in Boise and own a construction company as well. Do a lot of flips and new builds. Would be happy to get you a bid on anything you need done.

@Devin Troche messaged you.

@Jorge Barboza Jr. I’m a Realtor/contractor in Boise, ID. The market here is hot like everywhere else but there are still deals to be found depending on what your goal is and property type you are looking for. I’d be happy to help you out and answer any questions you have. Feel free to message me

Hey Ryan, 

I am a Realtor and Contractor in Boise, ID. The market here is crazy which it seems to be everywhere right now but there are definitely deals to be had depending on your goals with the property. Are you looking at buying one that needs renovated or that's turn key ready for you? Are you going multifamily as in 3-4 units or over that? Are you looking to cash flow or improve tenants/rent and then resell?