Quick Flip for Profit with lessons learned!

[Travis Turner]

Investment Info:

Single-family residence fix & flip investment in Lubbock.

Purchase price: $90,000
Cash invested: $35,000
Sale price: $166,000

This was an easier project. Some trouble with contractor lead to not as speedy of a remodel, but in the end completed the project for a good profit. I will take a win over a loss any day!

Lessons learned? Challenges?

Always stay on top of contractors, and NEVER give them more than they are owed. Control the money, win the game. Lessons will be learned in every flip and purchase.