Very first flip - COMPLETE!

Very first flip - COMPLETE!

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!

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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!

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  • Investor · Northern Virginia · Member since 2017 · 159 posts · 59 votes
    7y

    Nice work.

  • Real Estate Agent · Tampa Fl · Member since 2014 · 33 posts · 20 votes
    7y
    @Steven Rubino Congrats, love the updates 😎
  • Investor · San Antonio, TX · Member since 2015 · 227 posts · 66 votes
    7y

    Good Job Gentlemen!

  • Ashley WilsonPro Member
    Rental Property Investor · Radnor, PA · Member since 2015 · 178 posts · 125 votes
    7y

    Great work! I am sure it is the first of many!

  • Paden City, WV · Member since 2016 · 29 posts · 6 votes
    7y

    Wow that looks amazing!!!  I also work in construction as a carpenter.  Those skills definitely come in handy when estimating rehab costs.

  • Flipper/Rehabber · Rockville, MD · Member since 2018 · 6 posts · 2 votes
    7y
    @Steven Rubino Congratulations! You and your partner did an amazing job. Wishing you much more success!
  • Middletown, NJ · Member since 2017 · 14 posts · 3 votes
    7y

    Love the before and after pictures!!  You did a great job.  

  • Rental Property Investor · Bellevue, WA · Member since 2016 · 35 posts · 11 votes
    7y

    Congratulations!! The remodeled house looks awesome.

  • Member since 2018 · 8 posts · 0 votes
    7y
    @Chris M.this is awesome, Great job!
  • New to Real Estate · Evergreen Park · Member since 2017 · 10 posts · 0 votes
    7y

    Congratulations on your first flip! 

    Thanks for taking the time to post before and after pics look foward to seeing more! 

  • 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?
  • Rental Property Investor · Fort Lauderdale, FL · Member since 2018 · 6 posts · 3 votes
    7y
    @Steven Rubino Great flipping
  • Rental Property Investor · DMV Area · Member since 2016 · 13 posts · 2 votes
    7y

    Congratulations. It is an awesome feeling crossing the finish line; Closing! Nice Job! 

  • New York, NY · Member since 2018 · 15 posts · 2 votes
    7y

    Congrats on the first flip! 

    Very impressive,

  • Meridian, ID · Member since 2018 · 16 posts · 8 votes
    7y
    @Steven Rubino Congratulations on your first flip. The renovations look awesome.
  • Rental Property Investor · Bonney Lake, WA · Member since 2016 · 4 posts · 1 vote
    7y
    @Steven Rubino. Looks Amazing!! Nice work!!
  • Real Estate Broker · Cary, NC · Member since 2013 · 2 posts · 0 votes
    7y

    Great Job... My wife and I look forward to purchasing our first fixer very soon. 

  • David ButlerPro Member
    Flipper/Rehabber · Lake Geneva, WI · Member since 2016 · 39 posts · 27 votes
    7y

    Well done!  I love the before and after pictures.  Be proud of your accomplishments--you have transformed a home.  Congratulations!

  • Specialist · OH · Member since 2018 · 3 posts · 4 votes
    7y

    Great job! The property looks amazing!

  • Rental Property Investor · Charlotte, NC · Member since 2015 · 72 posts · 30 votes
    7y

    @Steven Rubino congrats and looks like you did a great job on the project. Have you purchased another investment property since?

    always fun reading about someone pushing towards their goals 

  • Loma Linda, CA · Member since 2018 · 34 posts · 8 votes
    7y

    that looks great!!

  • Realtor · SF Bay Area · Member since 2018 · 1 post · 0 votes
    7y
    @Steven Rubino great work! The attention to detail is top notch. Many trendy additions to the house. I look forward seeing your journey!
  • 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

  • Tampa, FL · Member since 2018 · 1 post · 0 votes
    7y

    Great work! 

  • Eleele, HI · Member since 2013 · 16 posts · 4 votes
    7y

    Beautiful! Congrats!

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