Transforming a Home in Dixon, Missouri
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $95,000
Cash invested: $23,620
Sale price: $160,000
Contributors:
Peter Vekselman
Partner Driven partnered with BJ & Traci Medlen on a fix & flip project in Dixon, Missouri. The property was purchased for $95,000, improved with $23,620 in renovations, and sold for $160,000. This project demonstrates how a well-planned renovation and disciplined execution can maximize a property's potential while meeting the demands of the local market.
What made you interested in investing in this type of deal?
The property had strong fundamentals and offered clear upside through strategic improvements. With the right renovation plan and a realistic resale outlook, it presented an opportunity to create value while staying disciplined with both the budget and timeline.
How did you find this deal and how did you negotiate it?
BJ & Traci sourced the opportunity through direct seller outreach. The seller was looking for a straightforward transaction, which made it possible to reach an agreement efficiently. Once the property was under contract, the focus shifted to developing a renovation strategy that would deliver the greatest return without over-improving the home.
How did you finance this deal?
Partner Driven funded 100% of the acquisition and renovation costs, covering the $95,000 purchase price along with $23,620 in improvements. This allowed our partners to focus on finding the opportunity while we provided the capital needed to complete the project.
How did you add value to the deal?
The value came from making targeted improvements that increased the home's appeal, functionality, and overall marketability. Rather than renovating everything, the team focused on updates that would have the greatest impact while carefully managing renovation costs.
What was the outcome?
Following $23,620 in renovations, the property sold for $160,000. The project achieved its objectives by combining thoughtful planning, efficient project management, and a renovation strategy aligned with buyer demand.
Lessons learned? Challenges?
Every market is different, but one principle remains the same: successful renovations begin with a solid acquisition and a clear plan. This project reinforced the importance of staying disciplined throughout the renovation process, making improvements that add meaningful value, and avoiding unnecessary costs that can reduce overall returns.
- Julie Muse