All Forum Posts by: Mitch Franklin

@Robert Koncal

@ Aidan Wong

Thanks for the heads up on the Coffee Talk online call. Could you please forward me the link to access including the start time? How long does the call typically go for?

@ Bleys Wright - Thanks for the heads up.

Aloha BP Community, I’m new to the BP forum and beginning to look for fix and flip deals on Oahu (Kailua, Hawaii Kai, and Honolulu) I’ve had success renovating my last two residences in the SF Bay area (San Mateo). I live in Kailua now and plan to connect with Investment properties and fellow investors to detail business strategies, strengthen workflow processes, and possible partnership development. I’m not seeing an investor group that appears to be meeting regularly so starting or reviving an existing group would be a strong interest of mine. I would like to find a local group here that pushes each other to become better real estate investors. If there is one here on island, please advise as I’d love to join and participate. Also, please reach out as I'd welcome both talking story and talking shop.

Mahalo,

Mitch

Investment Info:

Single-family residence fix & flip investment in San Mateo.

Purchase price: $505,000
Cash invested: $125,000
Sale price: $550,000

Performed the following renovations:
-Roof replacement
-Converted doorway into an open archway
-Kitchen replacement including flooring and moving and running water lines
-Converted window into a patio door with patio steps
-Lighting & electrical panel and fixtures
-Painting exterior / interior
-New Gutters
-Carpentry
-Landscaping

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $729,000
Cash invested: $250,000
Sale price: $1,550,000

We performed the following renovations prior to selling the house:
-Converted an open dining room into a 4th bedroom creating 2 closets and french doors
-Renovated the kitchen and master bathroom including moving water lines and venting
-Installed a beam creating an open archway
-Covered the fireplace and installed custom cabinets in the living room
-Built a patio with pavers and a pergola
-Removed concrete patio and installed sod
-Installed can lighting
-Carpentry
-Paint