Looking for Real Estate Flipping Success Stories! (with pictures)

[Mindy Jensen]

Mr. Brandon Turner is hosting a webinar tomorrow night about Flipping houses. How to Find, Fund and Flip your first (or next) house!

He would love to showcase YOUR success, by sharing real life examples, including purchase price, profit, rehab costs - the more numbers you can share, the better!

Feel free to share more than one flip if you've got it. 

[Shannon S.]

My first flip. I am now working on my third. I purchased this home from HUD last fall. Cash buy.

Website for pics/renovation/location detail:1424 Ambrose Has a link to the listing for the "after" photos but I can post more here if you want.

Original Purchase Price	33,000.00
Receipts	Amount
GC	11,465.00
locksmith	236.00
Plumber	1,200.00
Floor Refinisher	2,330.00
HVAC	170.00
Misc. Repairs	763.00
Windows	800.00
Carpet	1,200.00
Garage	110.00
Landscape	650.00
Trees	636.00
Lowe's	2,396.00
Home Depot	2,140.00
Home Emp	304.00
Surplus WH	783.00
Ikea	405.00
Best Buy	732.00
Home Depot	2,448.00
Walmart	181.00
Overstock	160.00
Target	110.00
Subtotal	29,219.00
Holding Costs
Duke 9/25-5/9	1,208.00
Water Works	380.00
Cable Wifi	45.00
Simplisafe	175.00
Insurance	679.00
Taxes (prorated)	1,244.00
Subtotal	3,731.00
Misc
Alarm system (included in sale)	290.00
Water meter	233.00
Cinci Alarm fee	50.00
Subtotal	573.00
Total Renovation/Holding costs	33,523.00
Total Investment	66,523.00
Net Sale proceeds after commissions, taxes, fees	98,485.32
Paid to seller (separate as concession to new owner for new windows and a few other items)	-3,000.00
Paid Home Warr - AHS	-435.00
Actual Proceeds	95,050.00
(Minus Investment)	-66,523.00
Total Profit	28,527.00