Fix & Flips
Hemberger St, South Philadelphia PA
Flip #1 (2018)
This project included taking a very cramped 3 bedroom, 1 bathroom house down to the studs and transforming it into a 2 bedroom, 1.5 bathroom home with a finished basement and laundry room. The biggest misstep with this project was betting that the Point Breeze neighborhood prices would start to push out into this neighborhood. We finished up our project months ahead of the other flips that were in progress on Hemberger Street and some surrounding streets, which forced us to list at a lower price than anticipated due to a lack of comps. The deal still turned out to be minimally profitable and we officially had our first completed Fix & Flip!
Rively Ave, Glenolden PA
Flip #2 (2018)
A 3 bedroom, 1 bathroom row home in Briarcliffe. This project included adding central air, upgrading the forced air heat system, upgrading the electrical service, finishing the basement, and full renovations in the kitchen and bathroom. If we did this house over again, the main thing we would do differently would be the flooring in the living room and dining room! We did not plan on staining the floors that dark, but when we found out that the there were quite a few spots on the original hardwoods that would not sand out properly for a lighter stain, we opted to go darker instead of just laying down some LVP, which would have made for a bigger, brighter look.
