How to Make a Million Dollars on One Flip

How to make a Million Dollars On One Flip:

Step 1- Identify property and use imagination. You have to use imagination because you want a property no one else wants. Otherwise, you overpay. Let’s use our current listing at 5337 E. Thunderbird in Scottsdale’s Magic 85254 zip code. Let’s talk Pro’s and Cons and why no one else sees the opportunity. The pros are an over 36,000 sf irrigated lot in Sunburst Farms where some remodels are selling for 1.5 million and more. The cons are a small home, 1837 sf, and Thunderbird is a well trafficked busy street.

Step 2 – Create a plan. In this case, here is an idea. Buy the property and immediately fill it with nice but used furniture. Think OfferUp.com. Then put the house on Airbnb or VRBO for the next 6 months. Think Superbowl, Golf, Arabian Horse Show, etc. You could probably generate $60,000 to $80,000 in income and all you have to do is schedule the cleaners.

Step 3 – Add value. Why don’t you build a 1200 sf, 2 Br, 2Ba, guest house on that huge lot. Get it done by Christmas and you can VRBO it for the Superbowl etc. Now you have another $40,000 and more like 3000 s.f.

Step 4 – Add more value. When things slow down in April, begin the 1000 sf addition to the main house plus adding a 3 car garage. 400 sf of the addition is already under roof where the existing 2 car garage is located. When you are done, you have a 4 or 5 BR, 3 bath home with a guesthouse, totaling over 4,000 sf in Sunburst Farms.

Step 5 –  Cash in. Now it is June or July 2023, Prices per square foot are back up to $500/sf and you price your investment at a cool $2,000,000. By then you probably have $1,000,000 in it after rental income and you’ve made a Million Dollars On One Flip.

The post How to Make a Million Dollars on One Flip appeared first on Those Callaways Team – Callaway Realty.

OPEN HOUSES: September 24 – September 25,2022

Every Saturday & Sunday, incredible homes throughout the Valley are featured.

 

OPEN SATURDAY AND SUNDAY

September 24-25, 2022 | 1:00 – 4:00pm

18221 N 53RD Street Scottsdale, AZ 85254

5337 E Thunderbird Rd, Scottsdale

ALMOST AN ACRE in Sunburst Farms. Set back on a sheltered service road, this magnificent home is sun-filled with energy-efficient solar panels. Split floor plan. Upgraded flooring throughout. No carpet anywhere. Stainless appliances and granite counters in the chef’s kitchen. Wonderful primary bedroom includes a furniture vanity, jetted tub, and beautiful double French doors that open to the backyard oasis. The expansive yard wows with a 70′ covered patio, citrus, dive pool and palms. Hobbyists will appreciate the bonus garage out back. RV gate/parking. Backing a bridle path with plenty of room for horse amenities, this equestrian’s dream home won’t last long. In the heart of the Magic 85254 Zip Code. Scottsdale mailing address. Phoenix taxes & utilities. Paradise Valley School District.

3 BD | 2 BA | 1,832 SF | $799,000MLS# 6373774

OPEN SUNDAY

September 25, 2022 | 1:00 – 4:00pm

18221 N 53RD Street Scottsdale, AZ 85254

4450 E Willow Ave, Phoenix

BRAND NEW ROOF AND AC IN 2021. This cute as a button home welcomes you with pretty curb appeal. Inside, light-filled spaces await you. Ready for a cooking episode, the chef pleasing kitchen has granite counters, crisp white cabinetry and stainless appliances. Big windows and neutral paint throughout. No carpet anywhere. Double doors reveal the wonderful primary suite with walk-in closet. Retreat out back at days end. Dine beneath the covered patio. All block wall fencing for the ultimate in privacy. Separate storage area and built-in cabinetry in the garage for plentiful storage. Preferred north/south exposure. Prized location just minutes to Kierland Commons, Scottsdale Quarter, Desert Ridge Marketplace, WestWorld, the SR51 and Loop 101 freeways.Set in the Roadrunner Estates subdivision just minutes to all that’s new and exciting Spacious 2,049 square feet of sunlit living space Gorgeous granite kitchen complete with white cabinetry and stainless appliances Walk-in closet in the primary suite No carpet anywhere Big picture windows throughout Bonus storage area and built-in cabinetry in garage Large covered patio in the backyard

4 BD | 2 BA | 2,049 SF | $575,000MLS# 6460918

The post OPEN HOUSES: September 24 – September 25,2022 appeared first on Those Callaways Team – Callaway Realty.

OPEN HOUSES: September 17 – September 18, 2022

Every Saturday & Sunday, incredible homes throughout the Valley are featured.

 

OPEN SATURDAY AND SUNDAY

September 17-18, 2022 | 1:00 – 4:00pm

18221 N 53RD Street Scottsdale, AZ 85254

4450 E Willow Ave, Phoenix

BRAND NEW ROOF AND AC IN 2021. This cute as a button home welcomes you with pretty curb appeal. Inside, light-filled spaces await you. Ready for a cooking episode, the chef pleasing kitchen has granite counters, crisp white cabinetry and stainless appliances. Big windows and neutral paint throughout. No carpet anywhere. Double doors reveal the wonderful primary suite with walk-in closet. Retreat out back at days end. Dine beneath the covered patio. All block wall fencing for the ultimate in privacy. Separate storage area and built-in cabinetry in the garage for plentiful storage. Preferred north/south exposure. Prized location just minutes to Kierland Commons, Scottsdale Quarter, Desert Ridge Marketplace, WestWorld, the SR51 and Loop 101 freeways.Set in the Roadrunner Estates subdivision just minutes to all that’s new and exciting Spacious 2,049 square feet of sunlit living space Gorgeous granite kitchen complete with white cabinetry and stainless appliances Walk-in closet in the primary suite No carpet anywhere Big picture windows throughout Bonus storage area and built-in cabinetry in garage Large covered patio in the backyard

4 BD | 2 BA | 2,049 SF | $599,900MLS# 6460918

The post OPEN HOUSES: September 17 – September 18, 2022 appeared first on Those Callaways Team – Callaway Realty.

OPEN HOUSES: September 10 – September 11, 2022

Every Saturday & Sunday, incredible homes throughout the Valley are featured.

OPEN SATURDAY

September 10, 2022 | 1:00 – 4:00pm

18221 N 53RD Street Scottsdale, AZ 85254

2165 W Eugie Ave, Phoenix

THE PRETTIEST HOME in Moon Valley Gardens. Beautifully updated and smartly expanded with two primary suites, this home is just what you’ve been looking for! Designer touches throughout the sunlit plan include artisan tile, handsome hardware and plantation shutters. Chef pleasing, the kitchen has granite counters, handsome Kraftmaid cabinetry and a stainless appliance package. Skylights. Dual pane windows. Double doors reveal the impressive en suite addition with walk-in closet and exit to the yard. Wow! Beautiful wood look plank dress the floors. No carpet anywhere. Sparkling dive pool complete with slide. Pavered patio. Low maintenance desert landscape out front. Delicious citrus out back. Solid block construction. RV gate/parking.Set in the Moon Valley Gardens subdivision just minutes to I-17 and Cave Creek Thunderbird Park Solid block constructed in 1973 The impressive addition is home to the second en-suite bedroom complete with a walk-in closet, gorgeous bath and private exit to the yard Granite counters, stainless appliances and lots of cabinetry in the kitchen Inviting sunlit spaces Lots of storage in the laundry room Two car garage with built-in cabinetry RV gate/parking.

4 BD | 3 BA | 1,708 SF | $450,000MLS# 6448276

18221 N 53RD Street Scottsdale, AZ 85254

5337 E Thunderbird Rd, Scottsdale

ALMOST AN ACRE in Sunburst Farms. Set back on a sheltered service road, this magnificent home is sun-filled with energy-efficient solar panels. Split floor plan. Upgraded flooring throughout. No carpet anywhere. Stainless appliances and granite counters in the chef’s kitchen. Wonderful primary bedroom includes a furniture vanity, jetted tub, and beautiful double French doors that open to the backyard oasis. The expansive yard wows with a 70′ covered patio, citrus, dive pool and palms. Hobbyists will appreciate the bonus garage out back. RV gate/parking. Backing a bridle path with plenty of room for horse amenities, this equestrian’s dream home won’t last long. In the heart of the Magic 85254 Zip Code. Scottsdale mailing address. Phoenix taxes & utilities. Paradise Valley School District.

3 BD | 2 BA | 1,832 SF | $799,000MLS# 6373774

OPEN SUNDAY

September 11, 2022 | 1:00 – 4:00pm

18221 N 53RD Street Scottsdale, AZ 85254

5434 E Campo Bello Dr, Scottsdale

ALLURING IN ARABIAN VIEWS. Beautifully manicured landscape and a charming front courtyard with fountain welcomes you inside the spacious light-filled interior. Sure to be the gathering space of the home, the family room flaunts a soaring vaulted ceiling, gas fireplace and big picture windows. Chef pleasing granite Island kitchen. Double doors reveal the primary suite complete with a sitting area, French door to the rear patio and impressive bath. Soak tub, separate shower, double sinks and oversized walk-in closet. Tremendous Travertine and plush carpet. Entertainers yard. Pool with rock water feature. Large side yard. Mature shade trees. Citrus. In the heart of the Magic 85254 Zip Code. Scottsdale mailing address. Phoenix taxes, utilities and zoning. Paradise Valley schools.

3 BD | 2.5 BA | 2,176 SF | $750,000MLS# 6414874

The post OPEN HOUSES: September 10 – September 11, 2022 appeared first on Those Callaways Team – Callaway Realty.

OPEN HOUSES: September 3 – September 4, 2022

Every Saturday & Sunday, incredible homes throughout the Valley are featured.

OPEN SATURDAY and SUNDAY

September 3 & 4, 2022 | 1:00 – 4:00pm

18221 N 53RD Street Scottsdale, AZ 85254

5337 E Thunderbird Rd, Scottsdale

ALMOST AN ACRE in Sunburst Farms. Set back on a sheltered service road, this magnificent home is sun-filled with energy-efficient solar panels. Split floor plan. Upgraded flooring throughout. No carpet anywhere. Stainless appliances and granite counters in the chef’s kitchen. Wonderful primary bedroom includes a furniture vanity, jetted tub, and beautiful double French doors that open to the backyard oasis. The expansive yard wows with a 70’ covered patio, citrus, dive pool and palms. Hobbyists will appreciate the bonus workshop out back. RV gate/parking. Backing a bridle path with plenty of room for horse amenities, this equestrian’s dream home won’t last long. In the heart of the Magic 85254 Zip Code. Scottsdale mailing address. Phoenix taxes & utilities. Paradise Valley School District.

3 BD |  2 BA | 1,832 SF | $799,000MLS# 6373774

The post OPEN HOUSES: September 3 – September 4, 2022 appeared first on Those Callaways Team – Callaway Realty.

OPEN HOUSES: August 27 – August 28, 2022

Every Saturday & Sunday, incredible homes throughout the Valley are featured.

OPEN SATURDAY

August 27, 2022 | 1:00 – 4:00pm

18221 N 53RD Street Scottsdale, AZ 85254

2165 W Eugie Ave, Phoenix

THE PRETTIEST HOME in Moon Valley Gardens. Beautifully updated and smartly expanded with two primary suites, this home is just what you’ve been looking for! Designer touches throughout the sunlit plan include artisan tile, handsome hardware and plantation shutters. Chef pleasing, the kitchen has granite counters, handsome Kraftmaid cabinetry and a stainless appliance package. Skylights. Dual pane windows. Double doors reveal the impressive en suite addition with walk-in closet and exit to the yard. Wow! Beautiful wood look plank dress the floors. No carpet anywhere. Sparkling dive pool complete with slide. Pavered patio. Low maintenance desert landscape out front. Delicious citrus out back. Solid block construction. RV gate/parking.Set in the Moon Valley Gardens subdivision just minutes to I-17 and Cave Creek Thunderbird Park Solid block constructed in 1973 The impressive addition is home to the second en-suite bedroom complete with a walk-in closet, gorgeous bath and private exit to the yard Granite counters, stainless appliances and lots of cabinetry in the kitchen Inviting sunlit spaces Lots of storage in the laundry room Two car garage with built-in cabinetry RV gate/parking.

4 BD | 3 BA | 1,708 SF | $499,000MLS# 6448276

OPEN SUNDAY

August 28, 2022 | 1:00 – 4:00pm

18221 N 53RD Street Scottsdale, AZ 85254

5434 E Campo Bello Dr, Scottsdale

ALLURING IN ARABIAN VIEWS. Beautifully manicured landscape and a charming front courtyard with fountain welcomes you inside the spacious light-filled interior. Sure to be the gathering space of the home, the family room flaunts a soaring vaulted ceiling, gas fireplace and big picture windows. Chef pleasing granite Island kitchen. Double doors reveal the primary suite complete with a sitting area, French door to the rear patio and impressive bath. Soak tub, separate shower, double sinks and oversized walk-in closet. Tremendous Travertine and plush carpet. Entertainers yard. Pool with rock water feature. Large side yard. Mature shade trees. Citrus. In the heart of the Magic 85254 Zip Code. Scottsdale mailing address. Phoenix taxes, utilities and zoning. Paradise Valley schools.

3 BD | 2.5 BA | 2,176 SF | $775,000MLS# 6414874

18221 N 53RD Street Scottsdale, AZ 85254

6927 E Ludlow Dr, Scottsdale

REMODELED RASKIN BEAUTY with two primary suites! An inviting courtyard welcomes you inside the elegantly finished interior. Open to the family room, the gorgeous redone kitchen includes rich Maple cabinetry and stainless appliances. Gorgeous stone fireplace and wonderful wet bar. Classy closets in all bedrooms for plentiful storage. Handsome wood, Travertine and plush carpet dress the floors. You’ll love the beautifully remodeled baths. Retreat out back to your very own oasis. Sparkling fenced dive pool, open and covered patios and play area. Newer roof installed 2018. Nestled in the heart of the Magic 85254 Zip Code. Scottsdale mailing address, Phoenix taxes, utilities and zoning. Paradise Valley schools. Minutes to Scottsdale Quarter, WestWorld, Kierland Commons and the Loop 101 freeway.

4 BD | 3 BA | 1,977 SF | $899,000MLS# 6446003

18221 N 53RD Street Scottsdale, AZ 85254

5337 E Thunderbird Rd, Scottsdale

ALMOST AN ACRE in Sunburst Farms. Set back on a sheltered service road, this magnificent home is sun-filled with energy-efficient solar panels. Split floor plan. Upgraded flooring throughout. No carpet anywhere. Stainless appliances and granite counters in the chef’s kitchen. Wonderful primary bedroom includes a furniture vanity, jetted tub, and beautiful double French doors that open to the backyard oasis. The expansive yard wows with a 70′ covered patio, citrus, dive pool and palms. Hobbyists will appreciate the bonus garage out back. RV gate/parking. Backing a bridle path with plenty of room for horse amenities, this equestrian’s dream home won’t last long. In the heart of the Magic 85254 Zip Code. Scottsdale mailing address. Phoenix taxes & utilities. Paradise Valley School District.

3 BD | 2 BA | 1,832 SF | $799,000MLS# 6373774

The post OPEN HOUSES: August 27 – August 28, 2022 appeared first on Those Callaways Team – Callaway Realty.

OPEN HOUSES: August 20 – August 21, 2022

Every Saturday & Sunday, incredible homes throughout the Valley are featured.

OPEN SATURDAY

August 20, 2022 | 1:00 – 4:00pm

18221 N 53RD Street Scottsdale, AZ 85254

2165 W Eugie Ave, Phoenix

THE PRETTIEST HOME in Moon Valley Gardens. Beautifully updated and smartly expanded with two primary suites, this home is just what you’ve been looking for! Designer touches throughout the sunlit plan include artisan tile, handsome hardware and plantation shutters. Chef pleasing, the kitchen has granite counters, handsome Kraftmaid cabinetry and a stainless appliance package. Skylights. Dual pane windows. Double doors reveal the impressive en suite addition with walk-in closet and exit to the yard. Wow! Beautiful wood look plank dress the floors. No carpet anywhere. Sparkling dive pool complete with slide. Pavered patio. Low maintenance desert landscape out front. Delicious citrus out back. Solid block construction. RV gate/parking.Set in the Moon Valley Gardens subdivision just minutes to I-17 and Cave Creek Thunderbird Park Solid block constructed in 1973 The impressive addition is home to the second en-suite bedroom complete with a walk-in closet, gorgeous bath and private exit to the yard Granite counters, stainless appliances and lots of cabinetry in the kitchen Inviting sunlit spaces Lots of storage in the laundry room Two car garage with built-in cabinetry RV gate/parking.

4 BD | 3 BA | 1,708 SF | $499,000MLS# 6448276

OPEN SATURDAY AND SUNDAY

August 20-21, 2022 | 1:00 – 4:00pm

18221 N 53RD Street Scottsdale, AZ 85254

5337 E Thunderbird Rd, Scottsdale

ALMOST AN ACRE in Sunburst Farms. Set back on a sheltered service road, this magnificent home is sun-filled with energy-efficient solar panels. Split floor plan. Upgraded flooring throughout. No carpet anywhere. Stainless appliances and granite counters in the chef’s kitchen. Wonderful primary bedroom includes a furniture vanity, jetted tub, and beautiful double French doors that open to the backyard oasis. The expansive yard wows with a 70′ covered patio, citrus, dive pool and palms. Hobbyists will appreciate the bonus garage out back. RV gate/parking. Backing a bridle path with plenty of room for horse amenities, this equestrian’s dream home won’t last long. In the heart of the Magic 85254 Zip Code. Scottsdale mailing address. Phoenix taxes & utilities. Paradise Valley School District.

3 BD | 2 BA | 1,832 SF | $799,000MLS# 6373774

OPEN SUNDAY

August 21, 2022 | 1:00 – 4:00pm

18221 N 53RD Street Scottsdale, AZ 85254

6927 E Ludlow Dr, Scottsdale

REMODELED RASKIN BEAUTY with two primary suites! An inviting courtyard welcomes you inside the elegantly finished interior. Open to the family room, the gorgeous redone kitchen includes rich Maple cabinetry and stainless appliances. Gorgeous stone fireplace and wonderful wet bar. Classy closets in all bedrooms for plentiful storage. Handsome wood, Travertine and plush carpet dress the floors. You’ll love the beautifully remodeled baths. Retreat out back to your very own oasis. Sparkling fenced dive pool, open and covered patios and play area. Newer roof installed 2018. Nestled in the heart of the Magic 85254 Zip Code. Scottsdale mailing address, Phoenix taxes, utilities and zoning. Paradise Valley schools. Minutes to Scottsdale Quarter, WestWorld, Kierland Commons and the Loop 101 freeway.

4 BD | 3 BA | 1,977 SF | $899,000MLS# 6446003

The post OPEN HOUSES: August 20 – August 21, 2022 appeared first on Those Callaways Team – Callaway Realty.

OPEN HOUSES: August 13 – August 14, 2022

Every Saturday & Sunday, incredible homes throughout the Valley are featured.

OPEN SATURDAY

August 13, 2022 | 1:00 – 4:00pm

18221 N 53RD Street Scottsdale, AZ 85254

4368 E Lariat Ln, Phoenix

PRETTIEST HOME IN TATUM HIGHLANDS with owned solar! Jaw-dropping and masterfully remodeled, the open sunlit plan is an entertainer’s dream. Rooms inspire love at first sight. Beautiful stone surround gas fireplace, impressive entertainment center, high ceilings, clerestory windows and designer lighting. A culinary delight, the island kitchen has slab granite, white cabinetry and stainless appliance package. Double doors reveal the primary suite with remodeled bath, custom walk-in closet, a bay window sitting area and exit out back. Handsome hardwood, tile and plush carpeting dress the floors. The heated pool with rock waterfall is perfect year round enjoyment. Covered patio, spa, delicious citrus and shade trees. Sought-after location near the Phoenix Sonoran Preserve.

4 BD | 2 BA | 2,199 SF | $769,900MLS# 6437521

OPEN SUNDAY

August 14, 2022 | 1:00 – 4:00pm

18221 N 53RD Street Scottsdale, AZ 85254

4623 E Lone Cactus Dr, Phoenix

DESERT RIDGE DIAMOND. Spectacularly located, this incredible home boasts a remodeled island kitchen. Stainless appliance package with gas cooking, Quartz counters, beautiful cabinetry, deep sink, artisan tiled backsplash and an under cabinet beverage refrigerator. Wow! Inviting sunlit living spaces. Vaulted ceilings and large picture windows throughout. Wonderful primary suite with custom walk-in closet. Beautiful wood-look flooring. No carpet anywhere and no interior steps. Safely fenced sparkling pool and covered patio out back. Dual pane windows. Leased solar panels. Preferred north/south exposure. Low maintenance desert landscape. Desert Ridge Marketplace, High Street, Scottsdale Quarter, WestWorld, Valley freeways and more are just minutes away.Continental Homes constructed in 1996 Sunlit spaces with vaulted ceilings and large picture windows This home boasts a remodeled kitchen you don’t want to miss!

3 BD | 2 BA | 1,519 SF | $579,900MLS# 6433679

The post OPEN HOUSES: August 13 – August 14, 2022 appeared first on Those Callaways Team – Callaway Realty.

OPEN HOUSES: August 6 – August 7, 2022

Every Saturday & Sunday, incredible homes throughout the Valley are featured.

OPEN SATURDAY

July 30, 2022 | No Open House Today

OPEN SUNDAY

July 31, 2022 | 1:00 – 4:00pm

18221 N 53RD Street Scottsdale, AZ 85254

5434 E Campo Bello Dr, Scottsdale

ALLURING IN ARABIAN VIEWS. Beautifully manicured landscape and a charming front courtyard with fountain welcomes you inside the spacious light-filled interior. Sure to be the gathering space of the home, the family room flaunts a soaring vaulted ceiling, gas fireplace and big picture windows. Chef pleasing granite Island kitchen. Double doors reveal the primary suite complete with a sitting area, French door to the rear patio and impressive bath. Soak tub, separate shower, double sinks and oversized walk-in closet. Tremendous Travertine and plush carpet. Entertainers yard. Pool with rock water feature. Large side yard. Mature shade trees. Citrus. In the heart of the Magic 85254 Zip Code. Scottsdale mailing address. Phoenix taxes, utilities and zoning. Paradise Valley schools.

3 BD | 2.5 BA | 2,176 SF | $799,000MLS# 6414874

The post OPEN HOUSES: August 6 – August 7, 2022 appeared first on Those Callaways Team – Callaway Realty.

OPEN HOUSES: July 30 – July 31, 2022

Every Saturday & Sunday, incredible homes throughout the Valley are featured.

OPEN SATURDAY

July 30, 2022 | 1:00 – 4:00pm

18221 N 53RD Street Scottsdale, AZ 85254

5337 E Thunderbird Rd, Scottsdale

ALMOST AN ACRE in Sunburst Farms. Set back on a sheltered service road, this magnificent home is sun-filled with energy-efficient solar panels. Split floor plan. Upgraded flooring throughout. No carpet anywhere. Stainless appliances and granite counters in the chef’s kitchen. Wonderful primary bedroom includes a furniture vanity, jetted tub, and beautiful double French doors that open to the backyard oasis. The expansive yard wows with a 70′ covered patio, citrus, dive pool and palms. Hobbyists will appreciate the bonus garage out back. RV gate/parking. Backing a bridle path with plenty of room for horse amenities, this equestrian’s dream home won’t last long. In the heart of the Magic 85254 Zip Code. Scottsdale mailing address. Phoenix taxes & utilities. Paradise Valley School District.

3 BD | 2 BA | 1,832 SF | $850,000MLS# 6373774

OPEN SUNDAY

July 31, 2022 | 1:00 – 4:00pm

18221 N 53RD Street Scottsdale, AZ 85254

4368 E Lariat Ln, Phoenix

PRETTIEST HOME IN TATUM HIGHLANDS with owned solar! Jaw-dropping and masterfully remodeled, the open sunlit plan is an entertainer’s dream. Rooms inspire love at first sight. Beautiful stone surround gas fireplace, impressive entertainment center, high ceilings, clerestory windows and designer lighting. A culinary delight, the island kitchen has slab granite, white cabinetry and stainless appliance package. Double doors reveal the primary suite with remodeled bath, custom walk-in closet, a bay window sitting area and exit out back. Handsome hardwood, tile and plush carpeting dress the floors. The heated pool with rock waterfall is perfect year round enjoyment. Covered patio, spa, delicious citrus and shade trees. Sought-after location near the Phoenix Sonoran Preserve.

4 BD | 2 BA | 2,199 SF | $769,900MLS# 6437521

The post OPEN HOUSES: July 30 – July 31, 2022 appeared first on Those Callaways Team – Callaway Realty.