We were able to quickly sell this spec house on the MLS at full asking price.

The house ended up going under contract in just 17 days, in a market that was averaging 58 days on market in this area.

While the house itself can be flipped for upwards of 400k, new construction in this pocket is early clearing 500k pushing 600k.

I spent the weekend researching and posting a blog about it myself: Fixing Up A House for Sale in CA Requires New Disclosures.I’m curious about your thoughts.

He also removed a whole house alarm system without telling me.

We really like his current house as a rental property.

Purchase price: $1,355,000 Cash invested: $135,500 Bridge House STR What made you interested in investing in this type of deal?

Bought the house with built in equity.

Does the house have a garage? 

In a few years your capital gains tax will be offset by the higher returns.Option 2) Your other options involve risk or work such as MF syndications, flipping houses, 1031 into an undervalued property that you fix upOption 3).