Winter Park Investment Property Located In Central Florida
January 18, 2011 by Mike Calvert · Leave a Comment
Take a look at this flip using the view with PicLens link in the left hand corner above the photo's. In the photo's I explain the changes made to the property.
Here are some pictures of the Harmon house in Winter Park Florida. This is the 7th rehab I have started this year and I am closing in on my goal of 12 rehabs this year. This rehab we won't be changing the floor plan too much. We plan on making the kitchen bigger, the master bath bigger and updating everything. I bought this property with a vacant lot in the back. In the future I plan on building a new home on this lot. This is the 4th vacant lot that I have acquired in the past year. Once new construction picks up I will start building on these lots. This property and the other lots I purchased from other wholesalers. I have purchased several properties in the past from wholesalers and I have also sold several properties to other wholesalers. I personally don't care where the deals come from as long as the numbers work for me. In today's market the bank owned properties (REO's) are usually the best deals and the competition is fierce. When buying from wholesalers you usually pay about 3%-5% more but you don't have to waste time looking and putting in several offers.