We renovated 2 of the units including bathroom remodels, and brought them up to a “classic plus” finish - the rents and market wouldn’t support high end finishes like new appliances and granite countertops.

Just like these two memorable classics, this flip was a classic.

Just like these two memorable classics, this flip was a classic.

As far as a path forward, it’s a classic chicken or egg.

Purchase price: $240,000 Cash invested: $85,000 Sale price: $388,000 Full remodel plus repair in-ground ducting; sales desc: Remarkable transformation of this Harrison Eugene Smith build; a timeless classic located in popular far NE Heights.

Purchase price: $240,000 Cash invested: $85,000 Sale price: $388,000 Full remodel plus repair in-ground ducting; sales desc: Remarkable transformation of this Harrison Eugene Smith build; a timeless classic located in popular far NE Heights.

Classic cafe doors lead into a brick laid pantry room and ample laundry/utility room with new hot water heater.

Classic cafe doors lead into a brick laid pantry room and ample lau What made you interested in investing in this type of deal?

Reed also has a really classic tax avoidance book too that is a good read. 

If you pay the same price for the very expensive land ($500k to several million per 25x100), it's obvious you can build much cheaper homes in the higher density mode.If you want to read a fascinating classic case of class privilege zoning war, read this https://www.nytimes.com/2020/0...