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Updated over 3 years ago on .

Alec Anderson's profile image
Alec Anderson's profile image
Alec Anderson
  • Investor
  • from Chattanooga, TN
  • Member since May 11, 2015
  • Posts 82
  • Votes 25
  • Experience 10 Yrs
  • Investments 45

User Stats

82
Posts
25
Votes
Alec Anderson's profile image
Alec Anderson's profile image
Alec Anderson
  • Investor
  • from Chattanooga, TN
  • Member since May 11, 2015
  • Posts 82
  • Votes 25
  • Experience 10 Yrs
  • Investments 45
Alec Anderson
  • Investor
  • Chattanooga, TN
25
Votes |
82
Posts
Real Estate Deal Analysis & Advice

Another East Brainerd tornado flip

Alec Anderson
  • Investor
  • Chattanooga, TN
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $50,000
Cash invested: $180,000
Sale price: $421,000

This one was hit pretty hard by the Easter 2020 Chattanooga tornados, ended up reframing about half the house. The market appreciated dramatically in the time it took to rehab it.

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