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All Forum Posts by: James Dainard

James Dainard has started 191 posts and replied 392 times.

Post: SFR Fix and Flip in Edmonds, WA

James Dainard
Posted
  • Real Estate Broker
  • Bellevue, WA
  • Posts 415
  • Votes 1,894

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $910,000
Cash invested: $138,000
Sale price: $1,299,950

Contributors:
Garrett Quinn, Victoria Loder

This lovely multi-level home is in wonderful town of Edmonds. The property features 4 bedrooms, family room with gas fireplace, upper level great room with a wet bar, vaulted ceilings, wall of windows and a very large deck to enjoy summer evenings. Brand new kitchen open to the living space, stainless appliances, access to patio from dining. Remodeled bathrooms. The oversized 2 car garage (768 sq. ft) comes with a workshop.

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!

Post: SFR Fix and Flip in Seattle, WA

James Dainard
Posted
  • Real Estate Broker
  • Bellevue, WA
  • Posts 415
  • Votes 1,894

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $900,000
Cash invested: $240,000
Sale price: $1,795,000

Contributors:
Megan Halter

This meticulously remodeled craftsman gem sits in the heart of Green Lake! Inviting spaces, designer finishes, countless upgrades & modern amenities are sure to impress.

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!

Post: SFR Fix and Flip in Bellevue, WA

James Dainard
Posted
  • Real Estate Broker
  • Bellevue, WA
  • Posts 415
  • Votes 1,894

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $1,220,000
Cash invested: $210,000
Sale price: $1,700,000

Contributors:
John Whitney, Megan Halter

This gorgeous remodeled home boasts 2,880sf of designer finishes & modern amenities. Natural light floods the open living spaces drawing you towards the brand new chefs kitchen featuring an oversize island, walk-in pantry, stainless steel appliances & tiled backsplash. The master is on the main level, perfectly tucked away w/ dual closets & a sleek 5 piece en suite bathroom. New roof, windows, doors, floors, high eff furnace, driveway & 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!

Post: SFR Fix and Flip in Gig Harbor, WA

James Dainard
Posted
  • Real Estate Broker
  • Bellevue, WA
  • Posts 415
  • Votes 1,894

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $500,000
Cash invested: $136,800
Sale price: $835,000

Contributors:
Dominic Turco, Jennifer Haffner

Beautifully remodeled home in the desirable Kopachuck neighborhood. Check out this fully updated, open concept 4 bedroom, 3 bath home with a shop. New SS appliances, new cabinets, quartz countertops, new flooring, paint, new bathrooms, new garage doors, floors, millwork, the list is endless. Giant shop features 3 garage doors & very high ceiling, large enough to park RV inside. Two primary suites, one on each level, perfect for multi-generational living.

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!

Post: SFR Fix and Flip in Bellevue, WA

James Dainard
Posted
  • Real Estate Broker
  • Bellevue, WA
  • Posts 415
  • Votes 1,894

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $1,150,000
Cash invested: $240,000
Sale price: $1,995,000

Contributors:
John Whitney, Victoria Loder

This hidden gem in Woodridge sits on a large lot with a line of trees and long driveway creating your own secluded paradise. Designed with contemporary in mind yet close to nature, this home has it all, large windows, sprawling open floor plan, formal dining, covered deck for those rainy days. Main floor features a large chef's kitchen with all new appliances, expansive island with seating, master suite with access to outdoors, walk-in closet, full bath and another bedroom.

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!

Post: SFR Fix and Flip in Seattle, WA

James Dainard
Posted
  • Real Estate Broker
  • Bellevue, WA
  • Posts 415
  • Votes 1,894

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $920,000
Cash invested: $162,000
Sale price: $1,395,000

Contributors:
Vlad Tselnik

Welcome to the coveted community of Mount Baker! Located along an Olmsted designed lovely boulevard perched above the street. Newly remodeled w/ modern conveniences while keeping touches of old-world charm. The brand new kitchen features new shaker cabs, SS appliances & quartz counters. The private master is on top floor w/ a balcony overlooking the grassy lawn, fully remodeled w/ gorgeous finishes. Fully permitted w/ new plumbing, electrical, seismic retrofitted & 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 Heaton Dainard team!

Post: SFR Fix and Flip in Sammamish, WA

James Dainard
Posted
  • Real Estate Broker
  • Bellevue, WA
  • Posts 415
  • Votes 1,894
Quote from @Michael Kinsella:

Very nice!


 Thanks Michael!

Post: SFR Fix and Flip in Sammamish, WA

James Dainard
Posted
  • Real Estate Broker
  • Bellevue, WA
  • Posts 415
  • Votes 1,894
Quote from @Shiela R.:

Excellent work @James Dainard!  I have family who live in Sammamish, WA :)


 Thanks Shiela!

Post: SFR Fix and Flip in Sammamish, WA

James Dainard
Posted
  • Real Estate Broker
  • Bellevue, WA
  • Posts 415
  • Votes 1,894

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $950,000
Cash invested: $150,000
Sale price: $1,375,000

Contributors:
Vlad Tselnik, Victoria Loder

This phenomenal remodel is in the PNWs finest city of Sammamish. Step into the vaulted living room with custom electric fireplace, engineered hardwood flooring, sizeable kitchen and huge island with tons of seating. The master is on main floor with a walk-in closet and 3/4 private suite. A 2nd bedroom and full bath is also available. The upper floor has 2 more bedrooms separated by a full bath, perfect for siblings.

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!

Post: Save Cash or Invest?

James Dainard
Posted
  • Real Estate Broker
  • Bellevue, WA
  • Posts 415
  • Votes 1,894

Hey Alex,

This is a great question and really depends on your timeline.

If you think you're unsure to the point where you'll sit our for a while you'll probably want to put your money safer, longer-term investments.

If you're thinking about jumping in soon you might want to keep that cash on hand or in assets that can easily be liquidated to be able to make the move when the time comes.

You can consider some higher risk/reward investments based on your comfort but I'd recommend minimizing the percentage of your portfolio you expose to those asset classes.

Best of luck!