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Real Estate Deal Analysis & Advice

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Michael Smith
  • Real Estate Broker
  • Greenville, SC
141
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269
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Flip #1 Completed!

Michael Smith
  • Real Estate Broker
  • Greenville, SC
Posted Oct 5 2014, 10:57

We just completed the rehab on our first flip, and will be listing it on the MLS today. I can't say strongly enough how instrumental BiggerPockets has been in making this a reality. Without the knowledge I've gained from the forums and podcasts, I'm not sure I ever would have been confident enough to jump in. I bought and renovated a rental property last year, but this is my first actual flip.

Here are some before and after shots for comparison:

We ended up going a little over budget and over our targeted timeline, but at the end of the day we'll still make out pretty well. I learned A LOT about what works, and what doesn't. The next project will definitely be a lot smoother, and quicker. Here are all of the listing pics:

Now it's time to find the next one!

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