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Updated over 3 years ago on . Most recent reply

User Stats

23
Posts
15
Votes
Noah Evans
  • Investor
  • Boise, ID
15
Votes |
23
Posts

Single Family Fix and Flip

Noah Evans
  • Investor
  • Boise, ID
Posted

Investment Info:

Single-family residence fix & flip investment in Boise.

Purchase price: $265,000
Cash invested: $104,000
Sale price: $480,000

Single Family Home in Boise Idaho

We went into this property with a 4 month rehab planned out. Due to city being back up on permits, the entire project took 5 months. Our expenses also increased when we decided to upgrade our finishes. This isn't something we always do, but our team decided that we needed to increase the value of this house to match the comps in the neighborhood. After completion, I was able to secure a buyer without an agent and waive the buyer's agent commission.

Most Popular Reply

User Stats

67
Posts
30
Votes
Adam Fleck
  • Rental Property Investor
  • Boise, ID
30
Votes |
67
Posts
Adam Fleck
  • Rental Property Investor
  • Boise, ID
Replied

Congrats! Could you share some pictures of those finishes? What are the comps like in that area? What was the price difference between your original finishes and the upgraded ones? You guys are killing it in Boise!

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