Purchase price: $116,000 Cash invested: $19,500 Sale price: $198,000 Contributors: Peter Vekselman Partner Driven, in collaboration with our partner Heather, successfully completed a fix-and-flip on S Vernon Rd, Durand, MI 48429.

Purchase price: $116,000 Cash invested: $19,500 Sale price: $198,000 Contributors: Peter Vekselman Partner Driven, in collaboration with our partner Heather, successfully completed a fix-and-flip on S Vernon Rd, Durand, MI 48429.

Purchase price: $195,000 Cash invested: $30,000 Sale price: $297,400 Contributors: Peter Vekselman Partner Driven, in collaboration with Don and Peter, successfully completed a fix-and-flip on Rue Montaigne, Stone Mountain, GA 30083.

Historically, residential US mortgage rates are near their long term averages.

I'm so happy to have completed this deal! There were a lot of hurdles to overcome with this deal. The biggest being the leaky basement but I was able to persevere. Challenges: Finding a quality electrician, fixing the...

In terms of a tenant that has paid before and had a lease, who refuses to now pay or no longer has a written lease - this is still a matter for housing court as they are a holdover tenant, not a squatter. 

Purchase price: $52,000 Cash invested: $14,700 Sale price: $127,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Mike Vasbinder, successfully completed a fix-and-flip on Turner Dr, Blairsville, PA 15717.

My partner actually lives in the area that we want to invest in.The long term plan is to just use this as a buy and hold.We were planning on splitting all the repair costs.Great insight though, I think we will have to go back to the drawing board and see what type of property would truly benefit both of us.

Purchase price: $128,900 Cash invested: $50,000 Sale price: $310,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Ron Rowan, successfully completed a fix-and-flip on Wren Ct, Griffith, IN 46319.

The only time that you might run into a problem is when an HOA does not allow for short-term rentals.