I am thrilled to say the "1148 Whittlesay Lane Rocky River Roller Coaster" has come to a full and complete stop. It's been quite a ride! Now it's completely DONE and MLS-ready! The excitement of a completed project is exactly why I love real estate investing.
This renovation project has been a blast to work on with my team... especially my staff at Strategic Real Estate Coach and Freeland Ventures, my wife Lisa Costanzo Cantwell who did all the amazing design, my Senior Project Manager Ricardo Caldwell and Agent Steve Junker.
The MLS listing is live, you can check out the full details here.
I am *almost* sad to see this one go... I did consider keeping it. But, after doing somewhere around 1,000 real estate deals in the last 15 years as an investor and private lender, you learn they all have a little tiny place in our hearts forever. Like I always say, we can't get too attached to any one property.
Now it’s someone else's turn to enjoy this one.
1148 Whittlesay Lane, Rocky River, OH
We completely renovated this 4 bedroom, 4 bath, 2,585 square foot property located at the end of a cul-de-sac in the highly sought after Rocky River school district. The wide open floor plan is complete with a full renovated dream kitchen and TWO fireplaces on the first floor alone!
Let's run through the numbers on this beauty...
$195,000 Purchase Price
$95,000 Renovations and Updates (I did NONE of the work myself)
$310,000 All In with Soft Costs
$20,000 Financing Costs and Interest to Private Lenders (ZERO money out of pocket)
$419,900 List and Sale Price
$70,000 NET Profit After Everything
The second floor features a stunning custom master suite with double entry doors, walk-in closet, a custom shower, double vanity and pocket doors. First open house is this Sunday, but I'm not sure it will last that long!
Early Bird Special
If you want to learn more about the strategies and systems I used to find, purchase, fund and rehab a property like Whittlesay Lane, consider joining us at our next live Flip & Fund Summit. Be the first to know about details by signing up here.
At our last event in December of 2018, we covered how to Simplify, Accelerate and Automate your real estate business. Some of our sessions included...
- How to Get an Unlimited Amount of Off Market Deal Flow No One Knows About
- Legal Contracts and Wholesaling Rockstar Investment Panel
- How to Launch A Highly Optimized Lead Capture Website in 30 Seconds or Less
- Don’t Call Me a Real Estate Investor: The Peak Performance Success Formula
- How to Avoid the Pressure Cooker and the Real Estate Roller Coaster
- Forever Passive Income: 7 Steps To 100 Unit Single-Family Rentals
- 13 instant Shortcuts to Simplify, Accelerate and Automate your Business
- And SO MUCH MORE...