Market Calibration on McDonald Ln

[Julie Muse]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $155,000
Cash invested: $28,000
Sale price: $221,000

Contributors:
Peter Vekselman

Partner Driven partnered with Preston Moore on a renovation project in Guntersville, Alabama. The property on McDonald Ln was acquired with a clear plan for strategic updates and market repositioning. After completing improvements totaling $28,000, the home was brought back to market and successfully sold.

What made you interested in investing in this type of deal?

The property offered a straightforward renovation opportunity in a steady Alabama market. The scope was controlled, the updates were targeted, and the layout supported improvements without major structural changes. It presented an opportunity to enhance value without taking on an oversized rehab.

How did you find this deal and how did you negotiate it?

Preston identified the opportunity through local outreach and engaged directly with the seller. The terms were structured around an as-is purchase, allowing the team to move quickly into renovation planning. Clear expectations on both sides helped streamline the acquisition process.

How did you finance this deal?

Partner Driven funded the full purchase and renovation budget, ensuring the project moved forward without interruption. With capital secured from day one, attention stayed on execution, contractor coordination, and timeline management rather than financing logistics.

How did you add value to the deal?

The renovation focused on practical, market-driven upgrades rather than over-improvement. Interior finishes were refreshed, key areas modernized, and necessary repairs addressed to elevate overall presentation. The approach emphasized efficiency and alignment with neighborhood pricing trends.

What was the outcome?

The property sold for $221,000 after renovations were completed. While the spread tightened as the project progressed, the transaction closed successfully and provided real-time feedback on pricing strategy and buyer response in the area.

Lessons learned? Challenges?

This project reinforced how sensitive margins can be, even on moderate rehabs. Small cost shifts and subtle market changes can influence overall performance. The takeaway was clear: constant evaluation, realistic pricing, and disciplined scope control are essential on every renovation.