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Real Estate Deal Analysis & Advice

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Marcin Chojnacki
Pro Member
  • Roselle, IL
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SOLD in 6 Days with MULTIPLE OFFERS!

Marcin Chojnacki
Pro Member
  • Roselle, IL
Posted Feb 20 2017, 11:52

ALSIP, IL

The Numbers:

Purchase Price: $70,500

Rehab: $45,000

Sold: $155,000

New floors, bath, kitchen, HVAC, tiles, lighting, deck, etc. 

Photos are a bit too enhanced but the house turned out great!

Congrats to:

@Marcin Nurek 

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Marlon Fong
  • BiggerPockets Support
  • Metro Manila
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Marlon Fong
  • BiggerPockets Support
  • Metro Manila
Replied Feb 20 2017, 12:11

Congratulations! Keep it up! 

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Matthew Murphy
  • Investor
  • Rochester, WA
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Matthew Murphy
  • Investor
  • Rochester, WA
Replied Feb 20 2017, 13:02

Looks great. What was the timeline?

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Darren Budahn
  • Investor
  • Milwaukee, WI
419
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Darren Budahn
  • Investor
  • Milwaukee, WI
Replied Feb 20 2017, 13:06

Looks great. Congrats! What was the name of the gray paint you used in the living room?

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Marcin Chojnacki
Pro Member
  • Roselle, IL
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Marcin Chojnacki
Pro Member
  • Roselle, IL
Replied Feb 20 2017, 14:24

@Marlon Fong Thanks! 

@Matthew Murphy About 6 months total. 

@Darren Budahn It's a custom color match with Behr paint. 

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Marcin Nurek
  • Rental Property Investor
  • Crown Point, IN
10
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44
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Marcin Nurek
  • Rental Property Investor
  • Crown Point, IN
Replied Feb 20 2017, 20:31

Sorry, can't tag names. Not sure why.

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Marcin Nurek
  • Rental Property Investor
  • Crown Point, IN
10
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44
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Marcin Nurek
  • Rental Property Investor
  • Crown Point, IN
Replied Feb 20 2017, 20:35
Originally posted by @Darren Budahn:

Looks great. Congrats! What was the name of the gray paint you used in the living room?

 Color was actually SW 6001 Grayish, but pictures are way too dark.

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Marcin Nurek
  • Rental Property Investor
  • Crown Point, IN
10
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44
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Marcin Nurek
  • Rental Property Investor
  • Crown Point, IN
Replied Feb 20 2017, 20:38
Originally posted by @Matthew Murphy:

Looks great. What was the timeline?

 Time was twice as long on rehab, my first flip with a partner. Had late start after purchase with a contractor. Then we had issues with gas connection. Many valuable lessons learned!

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Marcin Nurek
  • Rental Property Investor
  • Crown Point, IN
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Marcin Nurek
  • Rental Property Investor
  • Crown Point, IN
Replied Feb 20 2017, 20:44

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Bhekizwe M.
  • Bulawayo, Zimbabwe
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Bhekizwe M.
  • Bulawayo, Zimbabwe
Replied Feb 21 2017, 01:12

Congrats  @Marcin Chojnacki   and thanks for sharing

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Nathan Sigars
  • Investor
  • San Antonio, TX
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Nathan Sigars
  • Investor
  • San Antonio, TX
Replied Feb 21 2017, 05:16

Looks great!! I really like what was done in the kitchen.

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Mike Cumbie
  • REALTOR®
  • Brockport, NY
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Mike Cumbie
  • REALTOR®
  • Brockport, NY
ModeratorReplied Feb 21 2017, 05:21

You can tell you put a lot of time and energy into it, Nice Work!

  • Real Estate Agent New York (#10301216803)

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Kendrick Salazar
  • Cranston, RI
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Kendrick Salazar
  • Cranston, RI
Replied Feb 22 2017, 12:00

Congrats on your success! 

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Joe English
  • Houston, TX
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Joe English
  • Houston, TX
Replied Feb 22 2017, 12:31

Way to go !