I bought this house from my direct marketing campaign for $312,000 in July and we sold it in November for $423,500. We had a lot of costs because the house was so expensive but still made over $40,000 on it.
You can see my full list of house flips with numbers and details here: investfourmore.... We have over 6 properties on that page from the last couple of years.
We spent about $30,000 on the repairs on this property which was mostly flooring and paint. We also spent over $15,000 on financing costs and over $15,000 on selling costs. I go over the exact numbers in the video.
The house was one of my favorite flips we have done. Nikki, my project manager chose all the colors, and design choices which turned out awesome. She did not tell me what we were going to until it was all done.
So far this year we have sold 25 flips and bought 24. I am actually behind last year on buying properties! I will need to buy five more by the end of the year, which is possible.
You can check out my book on flipping which goes over everything I do here: amzn.to/2Sofqhh
3 окт 2024
