Partner Driven Deal Spotlight
Rehab Deal in Johnson City, Tennessee
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PARTNER | Ryan Phipps
ADDRESS | Powder Branch Rd, Johnson City, Tennessee
Successful Fix-and-Flip: Partner Driven and Ryan Phipps Shine in Johnson City, TN
At Partner Driven, we’re excited to share the success story of our recent fix-and-flip in collaboration with our esteemed partner, Ryan Phipps. This accomplishment is a testament to the power of our strategic approach and the strength of our partnerships.
The Property and Transaction Details
On March 21, 2023, we purchased a home on Powder Branch Rd, Johnson City, TN 37601, for $165,000. Recognizing the potential for a significant return on investment, we invested $35,619 in targeted renovations to enhance the property’s appeal and market value. Our efficient renovation strategy allowed us to sell the property for $294,000 on August 29, 2023. This transaction underscored our ability to deliver substantial returns through careful planning and execution.
The Power of Fix-and-Flip
Fix-and-flip is a powerful strategy that involves purchasing properties, making necessary repairs and improvements, and then selling them quickly for a profit. By focusing on targeted renovations that maximize a property’s appeal, we can significantly increase its market value with a well-planned investment. This approach allows us to capitalize on market opportunities rapidly and deliver profitable outcomes for our partners.
More Deals with Partner Driven
About Partner Driven Real Estate
Partner Driven Real Estate Investing is a nationwide leader in real estate investment, offering a unique and comprehensive approach to learning and succeeding in real estate investing. Founded by industry experts Peter Vekselman and Julie Muse, Partner Driven combines advanced technology, full funding, expert mentorship, and collaborative partnerships to empower individuals & give them the resources to achieve their real estate investment goals.
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