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Colorado Springs Hell House (Part 1) (Methodology)
Manage episode 317596333 series 2820712
Greetings, and welcome back #DealHunters. We hope you all enjoyed your holiday season, and we apologize if you missed us because we missed YOU!
Today, we're going to highlight one of our most successful and profitable flip projects of 2021. 4525 Churchill Ct. in Colorado Springs is located in the Broadmoor district, a prestigious and well-maintained community dotted with multiple million-dollar homes. The owners were originally using it as a rental, but due to the hardships of the pandemic, they were facing foreclosure. They were forced to put the home on the market and evict their tenants, and in the tenant's anger, they vandalized the property in an attempt to get back at the owners. MOST We acquired the home for just under $600,000 in the summer, and through the last two quarters of 2021, contractor issues, and just the general surprises that come when flipping a home in that condition, we were able to turn what had been deemed a "little slice of hell" into someone's potential dream home! Listen as Donny goes into detail about the experience that was the #SpringsHellHouse, and gain perspective on what goes into turning a large, high-end, nightmare home into the sparkling realization of a homeowner's dream!
Mentioned in today's episode
Propstream
Launch Control
Foreclosure.com
RentReporters
Here's a link to a few articles on the #SpringsHellHouse:
Little Slice Of Hell House In Colorado Springs Sells 1 Week After Being Listed
Colorado Springs House Dubbed, "Little Slice Of Hell" Makes Its Renovated Debut
"Slice Of Hell House" In Colorado Springs Up For Sale After Extensive Renovations
Want to get started?
Join the
🚀 Master Foreclosure Investment with Donny
Learn the secrets with the "5 F’s of Foreclosure Investment System". Dive deep into properties, transform them into profits, and shape your financial future, all for just $49.
👉 Enroll Now
💡 Unlock Your Foreclosure Potential with Donny
Ready to secure a minimum profit of $25,000 on your first deal? Donny's "Do it with you" coaching model guides you step-by-step. Turn potential into profit.
👉 Schedule Your Call Now
🔥 Join the Foreclosure Experts
Step into our dedicated community. Gain expert insights, strategies, and connect with like-minded investors.
👉 Facebook Group
🌐 The Ultimate Foreclosure Hub
Equip yourself with the best-in-class resources, strategies, and updates from the foreclosure world. Your investment journey, elevated.
👉 Official Website
🤝 Network with Donny Coram, The Foreclosure Deals Coach
Forge connections, share your journey, or simply drop a hello!
👉 LinkedIn
👉 Instagram
Note: Some links may be affiliate. Your support keeps us creating quality content.
216 afleveringen
Manage episode 317596333 series 2820712
Greetings, and welcome back #DealHunters. We hope you all enjoyed your holiday season, and we apologize if you missed us because we missed YOU!
Today, we're going to highlight one of our most successful and profitable flip projects of 2021. 4525 Churchill Ct. in Colorado Springs is located in the Broadmoor district, a prestigious and well-maintained community dotted with multiple million-dollar homes. The owners were originally using it as a rental, but due to the hardships of the pandemic, they were facing foreclosure. They were forced to put the home on the market and evict their tenants, and in the tenant's anger, they vandalized the property in an attempt to get back at the owners. MOST We acquired the home for just under $600,000 in the summer, and through the last two quarters of 2021, contractor issues, and just the general surprises that come when flipping a home in that condition, we were able to turn what had been deemed a "little slice of hell" into someone's potential dream home! Listen as Donny goes into detail about the experience that was the #SpringsHellHouse, and gain perspective on what goes into turning a large, high-end, nightmare home into the sparkling realization of a homeowner's dream!
Mentioned in today's episode
Propstream
Launch Control
Foreclosure.com
RentReporters
Here's a link to a few articles on the #SpringsHellHouse:
Little Slice Of Hell House In Colorado Springs Sells 1 Week After Being Listed
Colorado Springs House Dubbed, "Little Slice Of Hell" Makes Its Renovated Debut
"Slice Of Hell House" In Colorado Springs Up For Sale After Extensive Renovations
Want to get started?
Join the
🚀 Master Foreclosure Investment with Donny
Learn the secrets with the "5 F’s of Foreclosure Investment System". Dive deep into properties, transform them into profits, and shape your financial future, all for just $49.
👉 Enroll Now
💡 Unlock Your Foreclosure Potential with Donny
Ready to secure a minimum profit of $25,000 on your first deal? Donny's "Do it with you" coaching model guides you step-by-step. Turn potential into profit.
👉 Schedule Your Call Now
🔥 Join the Foreclosure Experts
Step into our dedicated community. Gain expert insights, strategies, and connect with like-minded investors.
👉 Facebook Group
🌐 The Ultimate Foreclosure Hub
Equip yourself with the best-in-class resources, strategies, and updates from the foreclosure world. Your investment journey, elevated.
👉 Official Website
🤝 Network with Donny Coram, The Foreclosure Deals Coach
Forge connections, share your journey, or simply drop a hello!
👉 LinkedIn
👉 Instagram
Note: Some links may be affiliate. Your support keeps us creating quality content.
216 afleveringen
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