On to my next flip property after my $50K flip success property (article). Just completed another flip in Lewisville Texas. This one got a qualified FHA full price offer in 4 days! Here are the numbers...1920 sq.ft Si...
Wish more could be like this one. Info below.Purchase: 119kRehab: approx 67kSell: 263kNet profit: $58k (really good one)How I got it: wholesalerMore details belowPics belowFinal ReconciliationTime from start to finis...
Five years ago I invested in my first 2 unit. Despite hearing all the rumors on how much of a headache it is being a landlord I went for it anyways.My model was to invest in a nice unit that cost a little more upfron...
Hello all,I have been lurking for a few months now. My wife and I have been buy and hold for awhile but wanted to start flipping some properties. We purchased this 4/2, 1600sqft brick ranch in South Augusta GA off t...
I recently (3 weeks ago) purchased a duplex in Wilmington NC. I just completed a complete renovation of the vacant side ( MY FIRST RENO). Here is the video of the renovation I just completed!
https://www.youtube...
It's been a long time since I posted.
This is the house I bought for $31k. I will list it next week for $97 or $99.
The flip for the most part went well. Only issue I had was getting the power turned on. Sense th...
Purchase price: $58k cash, Renovations and holding costs $10k. Appraised $128K (lower than I expected, but market is tightening up). Cash out $96K.Rented at $1200/ mo. Only on the market for 1 week. My Before pi...
We closed on this property November 19th and started work November 26th. We were able to finish this project in less than 45 days. Acquisition cost was 125K from wholesaler. Rehab is right at 30K and holding costs ...
BEFORE:
After some cleanup:
After rehab:
Guys I just set my personal best (with a lot of help from my good friend Ophelia Nicholson) on a buy, rehab and sell. I bought this 4/2.5 sfh on 12/17/14 did a complete rehab on it and sold it on 3/24/15. Just excit...