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Our first flip

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Real Estate Agent with Prudential CNY Realty

About six months ago I started a relationship with an out of town buyer.  I posted an ad on Criagslist and received an email a few days later from this guy.  He tells me he is an investor looking to flip homes in Syracuse and needs an agent.  At first I think this is a joke, what are the odds??  I email the guy back and he calls me within 15 minutes.  We talk on the phone for a while and about two months later are writing our first offer and 2 months after that are closing on our first home.  I guess part of the point of this blog is to respond to any and all emails or responses you get you never know which one is real. 

I spent the last two months overseeing the actual work on the house with my partner.  It was a lot of work!  We even painted a little for him.  Well after a few arguments and a lot of work we have finally listed the house.  It is beautiful!  We turned a one bedroom home with a gutted second floor into a 5 bedroom home.  I have a video up on youtube if you are interested I can send you the link.  As soon as we get this one sold we are ready to move on to house number 2. 

Flipping a house is a lot of work.  Our first one was quite the learning experience for both our client and ourselves.  Don't overlook anything and go through the home with a fine comb.  Also don't forget a budget for landscaping to pretty the place up!

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June Piper-Brandon
Coldwell Banker Realty - Baltimore, MD
Creating Generational Wealth Through Homeownership

Congratulations!!  I'm in the middle of my first flip too.  I am due for another installment of my series on realtor turned rehabber.  Thanks for the reminder and good luck on your flip.

May 28, 2009 02:45 PM