Skip to content
Real Estate Deal Analysis & Advice

User Stats

66
Posts
10
Votes
Brian R.
  • Real Estate Investor
  • Dublin, OH
10
Votes |
66
Posts

First Flip in Columbus, OH

Brian R.
  • Real Estate Investor
  • Dublin, OH
Posted Jun 20 2014, 07:14

We moved from Lexington, KY last year in May. There we have a few flips and a few rentals under our belt. Columbus OH was a new market. I found a great Agent and started driving all over and asking lots of questions about neighborhoods and where the good deals are and where they aren't.

It took us about 6 months of making offers and being hesitant until we found our first Rental. This was a wholesale from a BP contact. @John Horner Then we bought a duplex in Hungarian Village from another BP guy @Dustin Faeth That one has not been the money maker we hoped it to be. We are thinking of of selling it. 

Finally, in January we found our first flip here. We bought it January 31. We bought for $83k. It took us 2 months to repair it with new doors, paint (inside and out), flooring, kitchen and bathroom. We spent about 27K. We listed for $150k and it went into contract on day two. We closed on April 24 and pocketed $31K. Lots of fun! Since then we have bought three more flips and one more rental. 

Here are some before and afters of the house.

Loading replies...