Updated 4 days ago on .
2025- 1 flip
Investment Info:
Single-family residence fix & flip investment in Gilboa.
Purchase price: $145,000
Cash invested: $130,000
Sale price: $455,000
Flipped house to a viable short term rental investment.
What made you interested in investing in this type of deal?
I grew up in the area and know the value of the real estate and the people
How did you find this deal and how did you negotiate it?
MLS. Cash negotiation
How did you finance this deal?
Cash
How did you add value to the deal?
Full remodel. Creative design work and quality maintenance free materials for STR use and cleaning
What was the outcome?
Delivered a great product to a happy customer who is now renting the property for STR.
Lessons learned? Challenges?
Worked full time while remodeling. Took too much time. Being there full time would have been more profitable than working a full time job.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Contractors. Some good some not great but, the investor who bought the home has worked with me for contracting needs.
- Bryan Johnson