All Forum Posts by: Brendan Provenzale
Brendan Provenzale has started 3 posts and replied 3 times.
Post: BRRRR to flip
- Contractor
- Cleveland, OH
- Posts 3
- Votes 1
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $105,000
Cash invested: $23,000
Sale price: $180,000
Originally BRRRR'd, not great roi so sold. Always options in real estate.
Post: Our first project together
- Contractor
- Cleveland, OH
- Posts 3
- Votes 1
Investment Info:
Single-family residence buy & hold investment in Climax.
Purchase price: $205,000
Cash invested: $350,000
Our first project together. (My fiancé with an architect with a refreshing vision)
What made you interested in investing in this type of deal?
Location!
How did you find this deal and how did you negotiate it?
MLS
How did you finance this deal?
Cash from previous BRRRR
How did you add value to the deal?
Every way possible.
What was the outcome?
A house we love.
Lessons learned? Challenges?
Wear a mask.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Myself
Post: First BRRRR: Lakewood, OH
- Contractor
- Cleveland, OH
- Posts 3
- Votes 1
Investment Info:
Single-family residence buy & hold investment in Climax.
Purchase price: $85,000
Cash invested: $55,000
First BRRRR
What made you interested in investing in this type of deal?
Value-add
How did you find this deal and how did you negotiate it?
Met my buy criteria and work as my own agent.
How did you finance this deal?
Cash
How did you add value to the deal?
Added a bathroom and remodeled existing.
Opened kitchen to dining
New roof, driveway, windows and mechanicals
Refreshed landscaping, hardwood floors and paint
What was the outcome?
Great roi and successful brrrr
Lessons learned? Challenges?
It always takes longer than you think.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Myself