553 Flower Avenue Project

Project Information

Date Complete: November 2021

Overview: My first investment property, 553 Flower Avenue was purchased in mid-2021 by me as a fixer-upper. It took me and subcontractors I hired four months to get the job done. It was successfully rented out before its eventual sale in late 2022.

• Purchase Price: ~$460,000.00
• Location: Santa Rosa, CA
• Investment Type: Single Family Residential
• I was the sole buyer and agent on the transaction.
• Selling Reason: Move to San Luis Obispo

Project Description/Story

My calling is real estate. It started in 9th grade, learning about the 2008 financial crisis. After graduation, I pursued a real estate license and found time to read and learn about investing. I worked a full-time job to save enough for a down payment and the rehab costs. This allowed me to start searching for real estate, and when the right property came along, I didn't hesitate. 553 Flower Avenue was purchased in mid-2021 as a fixer-upper, underwent a four-month renovation, and was successfully rented out before its eventual sale in late 2022.

Please use my contact page if you want to know more about the unique challenges I underwent while managing this project.

Timeline

• 2016: Inspired to explore real estate after watching The Big Short at age 16.
• 2020: Earned a real estate license and began saving by teaching dance.
• June 2021: Offer accepted and purchase finalized for 553 Flower Avenue.
• July 2021: Closed on the property and began rehabilitation work.
• November 2021: Renovations completed, and the property was rented out.
• Late 2022: Property sold after a year of rental income.
• September 2023: Accepted into Cal Poly, marking a new phase of academic focus.