3339 Flora, Kansas City Mo

[Scott Winnie]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $72,000
Cash invested: $35,000

We purchased this home off market and have fixed it up. We put $35,000 into the home and will be putting it on the market soon. We hope to get $150,000 for it. We purchase homes in the urban core but have the mindset to present them with amazing customer service, staging, professional photography and marketing. Even though we are in the urban core, we still have a brand that we want to convey. No one else presents the properties like we will. We believe everyone deserves a high level of service regardless of price point and neighborhood. We are trying to change communities starting with pride of ownership. It starts with us.

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

We love the urban core of Kansas City. It is our goal to create a community where the residents can feel safe and prideful of their home and their neighborhood. It starts with us fixing the home and presenting it in a way that will make potential buyers feel good about purchasing their first home and feeling like their hard work has payed off!

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

I have a partner, Dederick Kelly, that works the urban core and has relationships with the city councilman, coaches, barbers, and the little old lady who lives on the corner. He knows all that goes in the neighborhood, good and bad.

How did you finance this deal?

We financed with our own money.

How did you add value to the deal?

I provided the cash for purchase and the sales team to sell the home. Dederick found the property and managed the rehab.

What was the outcome?

The home will be on the market soon!