A Plan That Paid Off in Somerville, Alabama

[Julie Muse]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $240,000
Cash invested: $54,356
Sale price: $410,000

Contributors:
Peter Vekselman

Partner Driven partnered with Preston Moore on a fix & flip project in Somerville, Alabama. The property required a strategic improvement plan to maximize its potential and better position it for the local market. Through careful planning, strong project management, and targeted improvements, the property was successfully transformed and brought to a successful resale.

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

The property offered a strong opportunity to create value through improvements. By identifying the right changes to enhance the home’s functionality and appeal, the team was able to develop a clear path from acquisition to resale.

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

Preston identified the opportunity and worked through the acquisition process to secure the property. The focus was on understanding the property's potential, evaluating the market, and creating a plan that supported the investment strategy from the beginning.

How did you finance this deal?

Partner Driven provided the capital needed to acquire and complete the project. This allowed Preston to focus on finding and executing the opportunity while having the financial support and resources necessary to bring the project across the finish line.

How did you add value to the deal?

Value was created through a focused improvement plan designed around what buyers were looking for in the market. The team prioritized updates that improved the home's overall appeal, functionality, and resale potential while maintaining discipline throughout the process.

What was the outcome?

After completing the project, the property was successfully sold in July 2026. The outcome highlights how a well-planned fix & flip strategy, combined with strong execution and market awareness, can create a successful investment.

Lessons learned? Challenges?

Every fix & flip requires adapting to challenges along the way, from managing the scope of work to making decisions that align with the market. This project reinforced the importance of having a clear plan, staying disciplined with improvements, and focusing on the changes that create the most value for future buyers.