July 2023 In-Person Meetup

July Pop-Up Meetup - Thursday 7/20 6:00-8:00pm 58-60 Lafountain Street, Burlington A Flip By Michael Dumont II

We are delighted to announce a pop-up event happening TODAY, July 20th, from 6-8pm - there will be pizza!

Come learn from Michael's roughest patch in his Dumont Realty, LLC portfolio. Hear how the perfect storm of bad and overworked contractors, supply chain issues, city codes, and personal blunders caused a $75,000 budget overage. In the process, you’ll get to see his nearly completed garage conversion to new efficiency unit at his Old North End duplex. Despite all the hair pulling, he's still expecting a conservative 8-10% return in year one, pending deployment timing of remaining exterior work.

City appraised value                        $447,000 Projected Renovation Costs          $205,000 Estimated After Repair Value       $665,000 Total Gain                                            $13,000

There will be pizza, and BYOB (or more to share)!

PARKING DETAILS: GPS will often send users to LaFountain Street in Winooski. Also parking in the driveway is limited and the street can be at a premium. Please note you may need to park on a side street.

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