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All Forum Posts by: Jeff Hunt

Jeff Hunt has started 2 posts and replied 30 times.

Post: Diary of a first time flipper

Jeff HuntPosted
  • Grayson, GA
  • Posts 30
  • Votes 3

Hi Ben,

I'll check the faux granite spray- on out. Thanks.

Post: Diary of a first time flipper

Jeff HuntPosted
  • Grayson, GA
  • Posts 30
  • Votes 3

Hi Joan,

I don't think it is expected but wanted to give the kitchen some extra pop. Actually it is going to be granite tiles with the glass tile back splash.

Post: Diary of a first time flipper

Jeff HuntPosted
  • Grayson, GA
  • Posts 30
  • Votes 3

Hello and thank you Jacquelyn!

Post: Diary of a first time flipper

Jeff HuntPosted
  • Grayson, GA
  • Posts 30
  • Votes 3

Hi Alex, good idea.

Lot Size---1Acre

3 BR 2 BA

1400 sq ft

Scope of the work

Replace Windows---$1800

Re-finish HW floors---$2500

Roof replacement--$4500

Paint inside, granite in kitchen, painting kitchen cabinets and doors, tile one bathroom, replacing one tub and both toilets, and 2 sinks, stain a deck, minor landscaping, and clean up.

Hiring out the hardwood refinish and the roof...

Shooting for 5-6 week re-hab.

Post: Diary of a first time flipper

Jeff HuntPosted
  • Grayson, GA
  • Posts 30
  • Votes 3

Thank you Marcus!

Post: Diary of a first time flipper

Jeff HuntPosted
  • Grayson, GA
  • Posts 30
  • Votes 3

It's like getting a drink of water through a fire hose! So little time so much to learn. Offer accepted and due to close within the next week. The numbers I am estimating are as follows:

ARV (last week had no idea what ARV was)---- $99,000.

Re-hab---estimate---- $19,000

Carry costs, closing, comm---- $15,000

Paid---- $43,100

Estimated Profit--- $21,900

I'll update through the process.

So much great information on this site! Thanks to all.

Post: New from Atlanta

Jeff HuntPosted
  • Grayson, GA
  • Posts 30
  • Votes 3

Thank you Jenkins, I appreciate it!

Post: New from Atlanta

Jeff HuntPosted
  • Grayson, GA
  • Posts 30
  • Votes 3

Hi Curt, I will be sure to read the article. Thanks!

Post: New from Atlanta

Jeff HuntPosted
  • Grayson, GA
  • Posts 30
  • Votes 3

Thank you! Actually the deals are not in Atlanta, too much hedge fund money in ATL I guess. I just ordered the book!

Post: New from Atlanta

Jeff HuntPosted
  • Grayson, GA
  • Posts 30
  • Votes 3

My name is Jeff, I am from the Atlanta area. I have been reading as many of the posts as I possibly can over the last 10 days, thought I would introduce myself. I am closing on my first flip in the next week. I have an offer in on a second flip but there is one other bidder, time will tell on that one. Also, I wanted to thank all of you for the invaluable information I have gleaned from BP already! Incredible site! Look forward to learning more! Thanks.