In our third house flipping venture, bolstered by increased capital, we confidently purchased the property in cash and undertook significant renovations. This included transforming all bathrooms, adding showers to create two full baths, and a complete kitchen overhaul, all necessitating permits and inspections. Additionally, we invested in replacing all windows, upgrading the electrical panel, and removing three large trees from the front and back yards. Although costly, these enhancements proved to be valuable investments.
Purchase Price: $70,000
Reno Budget: $45,000
Sold Price: $200,000
Net Profit: $70,000
Days on Market: 20 days
