Stoneham, MA · Member since 2017 · 56 posts · 186 votes
Hi everyone,
My partner and I just completed our FIRST FLIP and we are so excited about it!!! We have both been in construction for nearly 10 years now, and have been talking about trying our hand at our own projects for awhile. Well, we finally took the leap and it was worth it! It was not easy, but we are so glad we did and now we cannot wait for the next one!
$163,000 - Purchase Price
$133,000 - Total Cost (Reno & Operating Expenses)
$17,000 - Commission
$378,000 - Sale Price
$65,000 - Profit
21% - ROI
The project took about 6.5 months. 3 bed, 2 bath 1,400 sq ft single family house outside of Greater Boston. Take a look at the photo's and let me know what you guys think! Also, a big Thank You to everyone who is a part of this great community!
Investor · Fort Wayne, IN · Member since 2013 · 152 posts · 126 votes
8y
Man I love when the before and after pics are shared on here. You and your partner did an awesome job with the cosmetic finishes...I personally love how inexpensive recessed lighting is and the dramatic difference it makes to a space. Great job and congrats on the ROI!
Kuna, ID · Member since 2016 · 40 posts · 29 votes
7y
@Steven Rubino Now that’s inspirational! Way to kill it. Being in construction how much of it did you do yourselves? Did you hire someone for the kitchen?
Chicago, IL · Member since 2018 · 546 posts · 227 votes
7y
Congratulations! I know that it is an exciting time having just completed your very first flip— and I have to say, the photos of the place look absolutely incredible. Solid ROI too! I have to agree with Peter on this, the before and after photos really make this home come to life. Congrats again @Steven Rubino