Hoarder House Fix & Flip

Hoarder House Fix & Flip

Tim CallahanPro Member
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!

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  • Jaron WallingPro Member
    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. 

  • Member since 2010 · 210 posts · 158 votes
    4y

    Wow!!! Nice numbers.  tell us your process. How did you find the deal?

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