Flipping a house in Jacksonville

My sibling as well as I decided to begin a side-business of buying as well as flipping houses in Jacksonville. The real estate market in the area is severely lucrative as well as dynamic, then property values continue to soar. My friend and I toured a unbelievable many homes on the market, searching for one in a great location with potential for improvement, then it took us many months to find an older house with a solid foundation as well as a view of the river. The roof, Heating, Ventilation as well as A/C, electrical lines as well as plumbing were all in great enough condition to meet code requirements. The house simply needed modernizing. The layout, decor as well as appliances were all legitimately aged. My sibling as well as I made a plan to important the master bathroom, renovate the family bathroom as well as open up the bedroom/dining room area. My friend and I wanted to add a half-bath with access to the swimming pool in the backyard… New light fixtures, a coat of paint inside as well as out as well as landscaping were some of the necessary projects. My sibling as well as I were determined to handle the labor ourselves! At that point, my buddy and I had legitimately little know-how of construction work. My friend and I invested into top-notch tools as well as watched lots of Youtube tutorials. My friend and I also learned as my buddy and I tackled the many projects. Everything cost a lot more than expected as well as took longer than anticipated; By the time my buddy and I finished the renovations, my buddy and I were anxious to list the house as well as get out from under it. The Jacksonville market was no longer as stable, as well as my buddy and I were upset about making a profit, while my buddy and I managed to sell the home for a price that more than recovered the investment, the whole process was difficult.


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