Big Transformation on Hwy 133 in Dixon
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $50,000
Cash invested: $66,942
Sale price: $185,000
Contributors:
Peter Vekselman
Partner Driven partnered with Billy and Traci Medlen for a full renovation project in Dixon, Missouri. Purchased for $50,000 with $66,942 invested into rehab, the property was transformed and sold for $185,000. This deal showcased how persistence, vision, and solid execution can turn a fixer-upper into a profitable success story.
What made you interested in investing in this type of deal?
The property had strong bones and plenty of upside potential. Located in a solid area with consistent buyer demand, it was a perfect candidate for a full renovation. The numbers made sense from the start, offering a great margin for profit once repairs were complete and allowing Billy and Traci to flex their rehab expertise.
How did you find this deal and how did you negotiate it?
Billy and Traci sourced this deal through their local connections and recognized its potential immediately. The seller was open to a quick, as-is sale, which gave us a chance to negotiate favorable terms. Their experience and determination helped secure the property at a price that left plenty of room to create value through improvements.
How did you finance this deal?
Partner Driven provided full funding for both the $50,000 purchase and the $66,942 rehab budget, covering 100% of the capital needed. This structure allowed Billy and Traci to focus on managing the renovation efficiently while Partner Driven handled the financial backing and support from start to finish.
How did you add value to the deal?
The Medlens turned this dated home into a beautifully updated property ready for market. Renovations included full interior and exterior upgrades, bringing the property up to modern standards. Every improvement was made with buyer appeal and resale value in mind, ensuring the finished product would stand out among local listings.
What was the outcome?
The Hwy 133 property was purchased for $50,000, renovated for $66,942, and sold for $185,000. The project delivered strong returns for everyone involved and demonstrated the power of effective project management. From acquisition to resale, this deal reflected what’s possible when vision, funding, and execution align.
Lessons learned? Challenges?
This project reminded us that large rehabs require patience and tight coordination. Managing timelines, contractors, and unexpected repairs can be challenging, but the end result made every hurdle worth it. The lesson: big rehabs can lead to big payoffs when approached strategically and supported by the right partnership.
- Julie Muse