Flipper/Rehabber · Dayton, ME · Member since 2014 · 30 posts · 13 votes
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $80,000 Cash invested: $38,000 Sale price: $250,000
Hoarder House! Off market property, we bought directly from seller. Seller was very happy with us helping him out of a chaotic situation. His house was literally packed floor to ceiling with stuff. 30 years of collecting stuff. We loaded seven 30 yard dumpsters, trashed out the house. We painted, added laminate flooring, replaced all windows, replaced toilet, vanity, kitchen sink & countertop, cleaned up basement. We put the house on the market and had 9 offers. We took the best offer and closed with no issues. We profited 6 figures. On to the next!
Rental Property Investor · Indianapolis, IN · Member since 2018 · 4k+ posts · 4k+ votes
4y
@Tim Callahan "seven 30 yard dumpsters"... that's insane man. The people dealing with this disorder is unimaginable for me. Congrats on helping the seller move past it and start new. Hopefully it changed there life for the better.