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Account Closed
  • Investor
  • Scottsdale, AZ
885
Votes |
1,164
Posts

Not My First Flip - But Maybe My Messiest

Account Closed
  • Investor
  • Scottsdale, AZ
Posted

I came across this beaut and took the challenge. It was a property I took Subject To in WA that I helped the sellers with and they love me for it. They had it on the market for 6 months and the realtor had given up. When you spend more on a rehab doing dump runs than renovation, you know you're on to something  ;-)  

Start to finish on the dump runs and reno was about 60 days including travel. I took the project Sub 2 with a payout to the seller when we finished and sold the property. They walked away with a chunk of their equity and I cleared about $35,000. 

When we finished the project I hired a local real estate agent. After 30 days and no showings, I fired the real estate agent, RAISED the price above what they put it in the MLS for and sold it myself remotely within 2 weeks. Sometimes you have to take things into your own hands.

Kitchen Before:

Kitchen After:

Livingroom Before:

Livingroom After:

Fireplace Before:

Powder room Before:

Powder room After:

Some of the UPDATED :-0  Wiring

ROOMS FULL OF STUFF

MORE

ROOMS FULL OF STUFF

AND MORE

ROOMS FULL OF STUFF

AND MORE

ROOMS FULL OF STUFF

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3,406
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Ryan Dossey
  • Real Estate Broker
  • Indianapolis, IN
2,427
Votes |
3,406
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Ryan Dossey
  • Real Estate Broker
  • Indianapolis, IN
Replied

That's great! 

I'd love to hear what you did differently than the listing agent. That could be valuable for folks to hear! 

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