All Forum Posts by: Dana Grant

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $665,000
Cash invested: $200,000

Remodel of 1948 Cape with Breezeway and Garage ... excellent bones in need of lots of TLC ... new Hardie Board siding, roof, gutters, windows hardwood flooring, electric rewiring, wall modifications, new kitchen cabinets and appliances, new bathroom guts

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

Loved location

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

MLS

How did you finance this deal?

Mortgage

How did you add value to the deal?

New siding, windows, roof, gutters, doors, hardwood flooring, bathroom guys, new kitchen cabinets and appliances ...

What was the outcome?

A strong vast flowing property

Lessons learned? Challenges?

Lots of moving parts ..

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

No.

Hello,

I'm Dana Grant.I own a bookkeeping company, DG Bookkeeping LLC with a focus on real estate professionals and construction company owner. I've been in the industry for over twenty years (and time sure flies) ... I also invest in single family and small multi family properties with my husband, a NYC based general contractor with a focus on residential renovations of town homes, apartment combinations and out of the ground houses. We are determined to maximize our combined skill set and move forward , identifying several niches and pulling the trigger.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $205,000
Cash invested: $165,000
Sale price: $455,000

Gut of existing single family shell.

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

We liked Philadelphia at the time.

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

Direct.

How did you finance this deal?

Cash

How did you add value to the deal?

Full , surgical remodel.

What was the outcome?

A headache but successful.

Lessons learned? Challenges?

Every project is a lesson.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

No.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $260,000
Cash invested: $135,000
Sale price: $535,000

Gut remodel of existing single family to create an updated single family home. Added roof deck and finished basement.

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

We liked the market, the neighborhood.

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

Direct canvassing.

How did you finance this deal?

Cash.

How did you add value to the deal?

Remodeled with out own team of contractors.

What was the outcome?

Successful.

Lessons learned? Challenges?

Too longer. Covid presented challenges.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Not on this one.