Win
First one I wrote the scope myself off YouTube and a lot of opinions. Went 41 percent over budget. Second one I did something simple. Before I closed, I paid a listing agent 500 t…
Loss
Bought at 291 in a metro that ran hot through 2021 and 2022. 1,900 square feet, 2004 build, everything sound. Scope 34k of paint, flooring, fixtures, kitchen counters and applianc…
Win
I put 61k into a light rehab as a passive participant, 12 percent with a 6 point exit fee on a 60 day projected hold, secured second behind a hard money first. Operator buys at 24…
Loss
This was a rental I got talked into flipping instead, and the arithmetic looked airtight on paper. ARV 288 from three comps within a quarter mile, all closed inside 90 days. Repai…
Loss
1,100 square foot ranch, contract at 132, ARV I had at 205, scope I had at 24. First deal, six months of looking, and I got excited enough that I priced LVP and picked a paint col…