All Forum Posts by: James Dainard

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $665,000
Cash invested: $60,000
Sale price: $910,000

Contributors:
Garrett Quinn, Victoria Loder

This move-in ready remodeled rambler is in a private cul-de-sac for Alderwood living. The front entry porch is covered and welcomes you into the foyer. Featuring large footprint with sunken living room and vaulted ceiling, large windows and skylight for natural light, formal dining room, open floor kitchen with sitting and adjacent family room with brick wood fireplace. The new kitchen includes shaker cabinets, quartz counters, tile backsplash, and all stainless appliances. Primary bedroom is tucked in the back with 3/4 primary suite, new tile and shower door, with plenty of closet space. Home has 2 more spacious bedrooms with full remodeled skylight in bathroom. Exterior home features new roof and gutters, doors and millwork, interior & exterior paint, flooring and more! This home offers 2 car garage and fully fenced lot capturing the spacious yard. Welcome home!

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

Fix and flip investment property for a client.

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

On the MLS.

How did you finance this deal?

Hard money with Intrust Funding.

How did you add value to the deal?

Fix and flip renovations.

What was the outcome?

Sold the property.

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

Check out the Heaton Dainard team!

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $285,000
Cash invested: $132,000
Sale price: $620,000

Contributors:
Sean Barnebey, Victoria Loder

Home is located in the North Slope historical classic neighborhood featuring vintage charm and lots of updates where they count! New Fully renovated kitchen is open to dining and living room with stainless appliances, new shaker cabinets and quartz counters. You will find hardwood floors and high ceilings throughout, spacious 3 bedrooms with built-ins and remodeled full bath and a large laundry room.

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

Fix and flip investment property for a client.

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

On the MLS.

How did you finance this deal?

Hard money with Intrust Funding.

How did you add value to the deal?

Fix and flip renovations.

What was the outcome?

Sold the property.

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

Check out the Heaton Dainard team!

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $1,030,000
Cash invested: $90,000
Sale price: $1,820,000

Contributors:
John Whitney, Victoria Loder

This stunning remodel is located in the center of desirable Klahanie community. Ideal traditional 2-story floor plan features high ceilings with skylights, new engineered hardwood floors throughout main level, large living room & formal dining with access to freshly landscaped back yard. This is a Chef's dream kitchen with brand new cabinetry, stainless appliances including 6 burner gas range, in-cabinet microwave, oversized sink & island seating.

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

Fix and flip investment property for a client.

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

On the MLS.

How did you finance this deal?

Hard money with Intrust Funding.

How did you add value to the deal?

Fix and flip renovations.

What was the outcome?

Sold the property.

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

Check out the Heaton Dainard team!

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $910,000
Cash invested: $120,000
Sale price: $1,399,950

Contributors:
John Whitney, Victoria Loder

This stunning remodeled daylight rambler is now available! This home features vaulted ceiling with skylights for extra natural light. Open floor concept with new laminate hardwood floors throughout main floor. Brand new kitchen includes shaker cabinets, custom island with waterfall counters, and ss appliances. Follow into the cozy deck off living area with wood burning fireplace. Primary bedroom has 3/4 en-suite & walk-in closet.

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

Fix and flip investment property for a client.

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

On the MLS.

How did you finance this deal?

Hard money with Intrust Funding.

How did you add value to the deal?

Fix and flip renovations.

What was the outcome?

Sold the property.

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

Check out the Heaton Dainard team!

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $895,000
Cash invested: $150,000
Sale price: $1,250,000

Contributors:
Garrett Quinn

This spacious home is tucked away on a private dead-end street, completely remodeled mid-century modern home awaits for you. This open concept living area includes vaulted ceiling w/exposed cedar ceilings & luxury vinyl planking throughout. The kitchen features brand new SS appliances, gas cooktop, custom cabinetry, custom back-splash, quartz countertops, expansive island w/eating space & brand new windows.

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

Fix and flip investment property for a client.

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

On the MLS.

How did you finance this deal?

Hard money with Intrust Funding.

How did you add value to the deal?

Fix and flip renovations.

What was the outcome?

Sold the property.

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

Check out the Heaton Dainard team!

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $895,000
Cash invested: $150,000
Sale price: $1,250,000

Contributors:
Garrett Quinn

This spacious home is tucked away on a private dead-end street, completely remodeled mid-century modern home awaits for you. This open concept living area includes vaulted ceiling w/exposed cedar ceilings & luxury vinyl planking throughout. The kitchen features brand new SS appliances, gas cooktop, custom cabinetry, custom back-splash, quartz countertops, expansive island w/eating space & brand new windows. Located in the desirable Sherwood Forest neighborhood of Edmonds, this corner lot includes 6 full bedrooms and 2 separate living rooms with it's own separate access to the downstairs. This great location provides easy commute to Seattle and the Eastside, close to Downtown Edmonds for shopping, dining, parks, beaches and more.

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

Fix and flip investment property for a client.

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

On the MLS.

How did you finance this deal?

Hard money with Intrust Funding.

How did you add value to the deal?

Fix and flip renovations.

What was the outcome?

Sold the property.

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

Check out the Heaton Dainard team!

 Hey Jarod,

I'd say stabilize the one that you've got then hop over to a new house with an owner-occupied loan to max out your leverage.

Investing in what you have now will compound to help you out in the long run!

This sounds like the ideal size for that location too, nice deal!

Hey Breanne,

Not sure how helpful this is but in Washington you're allowed to show properties for lease (different from for sale) as an unlicensed individual as long as someone with a license does the paperwork for the lease.

Most states require that you have a real estate license to manage rental property unless you are self-managing. In the case of self-management you may need a licensed assistant to show the units if you are unlicensed so that there's some agency representation in the agreement.

Best of luck!

This looks awesome, congrats!