All Forum Posts by: Meka Cayce

Thank you!

Thank you!

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $70,000
Cash invested: $80,000
Sale price: $204,000

This was an in house project using a hard money loan. This home was smaller and an easier renovation. We opened it up, did an awesome layout and design and sold this 2 bed, 2 bath for the highest comp in the area!

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

The numbers worked for a quick fix and flip. This one would also be a great buy and hold because of the area. Perfect for a rental or Airbnb

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

The seller sold me the house next door. I caved and paid a little more since I had already established a comp.

How did you finance this deal?

Hard Money Loan

How did you add value to the deal?

I updated the home from a rental to a homeowner house. We modernized everything and made it attractive to a homeowner or as a high end rental or Airbnb.

What was the outcome?

A homeowner purchased the home

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

MOOD Homes handled the acquisition, layout & design, renovation, staging and listing! We handle the hard work for you and help you determine the best exit strategy. This one could be flipped, rented or used as a short term rental!

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $30,000
Cash invested: $175,000
Sale price: $299,000

This was a fix and flip that MOOD Homes did for a client. The client already had the house, but we did the layout and design, staging & listing! This is in an area that is up and coming and didn't have many comps. We managed to achieve one of the highest sales prices in the area!

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

This client already had this home in a not so great neighborhood. We took on the challenge and achieved great results. Now we have a comp in the area so that we can get revitalizing this area.

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

The client took care of the acquisition

How did you finance this deal?

The client did partial cash and partial hard money lending

How did you add value to the deal?

Running the comps in the area + adding on the additional work and design that was done to the home.

What was the outcome?

One of the highest comps in the area! Plus creating a market for other investors to come in and make a profit.

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

MOOD Homes did the layout and design, renovation, management, staging and listing! We are a one stop shop for investors looking to invest in the Kansas City market!

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $11,000
Cash invested: $200,000
Sale price: $352,500

This home was a burn house that we completely remodeled and we added a 1st and 2nd floor addition. We went with a black, white and gold mood for this home and I think it came out fantastic. This was a partnership with a cash investor. MOOD Homes did the acquisition, layout, design, staging and listing for the project.

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

I do fix and flips

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

This home was purchased at a foreclosure auction

How did you finance this deal?

An out of state cash investor - we split the deal 50/50

How did you add value to the deal?

Renovation to the existing structure and adding on an addition

What was the outcome?

A sale to a new homeowner!!!

Lessons learned? Challenges?

Possibly didn't need the addition and could've finished the project faster with it.

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

I handled the project from acquisition to listing. MOOD Homes is a Real Estate & Interior Design Firm so we handle the acquisition, layout and design, management, staging and listing. We are a one stop shop for our investors!