Flipping it in Portola


#1

Bought for 935K back in March. Just listed for 1.26M, a 324K premium. Looks pretty good!

How much did the remodel cost??


#2

Not cheap over 250k imo


#3

Flippers will be losing money then.


#4

It should sell easily over 1.4 imo


#5

Very detailed oriented remodel… nothing sloppy about it!!!


#6

Is this a nice area? Fringe of Excelsior?


#7

Portola is pretty nice, especially if you go a little further west away from San Bruno Ave. But @harriet said there are bums mooning people in that area…


#8

That’s right. And the agent should not have posted pictures of restaurants; you know the neighborhood is alarming when all these businesses have gates in the front.


#9

Just closed at 1.6M !! :fire: 340K over list.

Flippers bought in May for 935K. Grossing 665K.


#10

Net is much much less though. Still wonderful price for that area