All Forum Posts by: Laura Chiappini

Thank You

Thank You

Hi Everyone,

So, a partner and I have placed our second flip together on the market. I am really enjoying this side of the business. We are concentrating on building a team to get these flips done quickly but with quality. 

Ranch home 3 bed 1 Bath. New kitchen, bath, floors, paint replaced electric baseboard heaters, parged/ painted the lower half of outside of the home, had a slight water issue on 1 side of basement so waterproofed and added sump pump for precaution. 

Purchase Price/ closing costs $101,412.  Repairs total $45,000 Total 146,412. Currently on the market  

Hi 

I just wanted to introduce myself. My name is Laura, and I have been a real estate agent for over 8 years and love it. Last year I partnered up with a college and we did our first flip. We have since purchased two more. One is currently on the market, I will post details, and still working on the second.

Condition was better than Detty but worse than N Irving. 

@Nate Williams

 Thank You. It was an off-market deal, my business partner was the one who was actual contacted about the deal she reached out and said we need to check it out.  

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $66,000
Cash invested: $30,000
Sale price: $160,000

Two-story single-family home with 4 bedrooms, 2 bathrooms. Corner lot fenced in yard.

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

Have done this with my own previous home. Had a partner ask if I was interested in fix and flip

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

My partner found it.

How did you finance this deal?

cash

How did you add value to the deal?

Updated Kitchen and bath. Painted and flooring throughout. repaired porches and new roof and replaced two broken windows.

What was the outcome?

First time home buyers bought this

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

I am the Real Estate Agent