PERSONAL INVESTMENT CASE STUDIES
Renovation flips and as-is resales, with the assumptions visible. A closer look at the personal experience I bring to real estate conversations.
01 / EXPERIENCE YOU CAN EXAMINE
These are my personal acquisition and resale projects, distinct from representing a buyer or seller as an agent. They include renovation flips and properties sold as-is in Albany and Rotterdam. Each example shows the inputs behind its estimated result, rather than treating the difference between purchase and sale price as profit.
Resale price minus purchase price, reported renovation costs and an assumed 7% of resale price for other transaction and holding costs. The 7% is an owner-approved combined planning assumption, not a commission quote or an audited expense ledger. Estimates are before income tax and can differ from actual net profit. A zero renovation entry means the project was reported as an as-is resale; other costs are still estimated.
RENOVATION FLIP
Albany, NY
$56,000Estimated pre-tax profit
Project ownership, acquisition costs, renovations, and expense assumptions supplied or approved by the owner. Resale amount and closing date sourced from Global MLS.
RENOVATION FLIP
Albany, NY
$58,000Estimated pre-tax profit
Project ownership, acquisition costs, renovations, and expense assumptions supplied or approved by the owner. The $400,000 resale is owner-reported; MLS transaction attribution is not independently verified.
RENOVATION FLIP
Albany, NY
$100,380Estimated pre-tax profit
Project ownership, acquisition costs, renovations, and expense assumptions supplied or approved by the owner. Resale amount and closing date sourced from Global MLS.
AS-IS INVESTMENT RESALE
Albany, NY
$20,450Estimated pre-tax profit
Project ownership, acquisition costs, renovations, and expense assumptions supplied or approved by the owner. Resale amount and closing date sourced from Global MLS.
AS-IS INVESTMENT RESALE
Albany, NY
−$7,000Estimated pre-tax loss
Project ownership, acquisition costs, renovations, and expense assumptions supplied or approved by the owner. Resale amount and closing date sourced from Global MLS.
AS-IS INVESTMENT RESALE
Rotterdam, NY
$13,000Estimated pre-tax profit
Project ownership, acquisition costs, renovations, and expense assumptions supplied or approved by the owner. Resale amount and closing date sourced from Global MLS.
RENOVATION FLIP
Rotterdam, NY
$82,500Estimated pre-tax profit
Project ownership, acquisition costs, renovations, and expense assumptions supplied or approved by the owner. Purchase and resale amounts are owner-reported; MLS verification pending. Photo: Google Street View via Redfin.
02 / WHAT THESE EXAMPLES CAN TEACH
A larger resale price does not automatically mean a better return. Acquisition price, renovation scope, financing and time can change the outcome. The as-is examples also show why even a sale above the purchase price can produce an estimated loss once expenses are included.
Use these projects as conversation starters. Build each new property’s own budget, verify its condition and current income, and discuss financing, tax and legal questions with qualified professionals. Past project results do not predict another buyer’s outcome.
A LOCAL CONVERSATION. A CLEARER PLAN.
Share where you are in the process. We’ll work through the property, the questions and the next step together.