Can a rookie house flipper pocket $1 million?

That’s the questions that Jaci Conry of the Boston Globe asked when she interviewed me for her cover story in The Boston Globe Magazine.  On-line today at http://www.bostonglobe.com/lifestyle/real-estate/2016/12/30/can-novice-make-million-flipping-homes/WRmD9u24SEpu6Wj5bHV94O/story.html?s_campaign=8315, out in print tomorrow.  Nice way to close out the year, and open 2017.  Time will tell.

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No. 4 . Underway . David L. Ryan Globe Staff Photographer

It’s funny, and interesting to me, the strong emotions that bubble to the surface when the topic of conversation is house flipping.  One reader reprimanded me for driving up the prices in the South End, making properties unaffordable for the average guy or gal.  To this I can only say “I don’t think I am average at all…I’m special, but why wouldn’t I think that?, I’m me”.  Still, I did start with just $15,000., and the price of real estate in the South End was unaffordable for me when I started, it still is, but someday, I hope it will not be.  When I generate enough sweat and tears, when I have pushed through when I would rather have put on a party dress and heels, when all the dust settles, I hope, that I will be one of those lucky few that really owns a home.

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Falla with Micah Viana of Naysa Builders examining Visual Comfort’s Calais Chandelier meant for the bedroom.  David L. Ryan Globe Staff Photographer.

Until then, I plan to continue to make mistakes, share the error of my ways, take pride in doing something right, and well, and in service to these old buildings.  These grand and historic brownstones.  These beautiful, and sometimes broken representations of our city’s history.  To be a part of that, is to be part of something that is bigger than me.  It’s important.

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No. 1 . Charlestown . a working kitchen in the end.  Photo:  Falla

Yes, I could spend less money on the construction, but I choose not to for several reasons – I love design, and like my inexplicable adoration for architects and interior designers, I have a deep appreciation for beautifully crafted things.  Lighting fixtures, sculptural tables, the weight and feel of a door knob in your hand, these things speak to me.  I am drawn to them.  This Quest allows me to be near people and things that inspire me.  This Quest allowed me to fly to Paris and hunt down that mid-century modern sputnik chandelier in the flee market.

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Mid-Century Madness.  Italian Sputnik via Le Marche aux Puces . Paris.  So beautiful I want to cry.  Photo:  Carly Gillis Photography

It gave to me an amazing trip with my dear friend Tiffany who shares my obsession with travel, and fashion, and home improvement, and design.  Experiences like that keep me warm at night.  The second reason I invest in these buildings has to do with a sense of stewardship for them.  I believe one should always endeavor to leave something or someone, a little better than before they knew you.

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Property No. 2 . Milford Street.  Photo:  Carly Gillis Photography

To the gent that asked:  “Who needs all this renovation aggravation, why not just marry someone that owns a lot of property?”  I can only say….”now why didn’t I think of that?”

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Property No. 3 . Waltham Street . Photo:  Carly Gillis Photography

On this last day of the year, I encourage you all to do it your way, and own it.  Good-bye 2016.  You’ve been a good one.

5 thoughts on “Can a rookie house flipper pocket $1 million?

  1. A friend of mine’s father died last year leaving him a three story house in Charlestown Ma. It has nine rooms with a full basement that has front and rear seperate entrances. Maybe you could take this one and reach your million dollar gold next year. Let me know what you think. I enjoyed reading the story. Good luck. Colum Flaherty

      • Good morning Jackie. My friend Rob McIntosh would like to talk to you about the Charlestown property. His cell number is 617 233 6543. You can call or text him. Colum

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