Updating my profile with some condo flips

[Robert Adams]

Investment Info:

Condo fix & flip investment.

Purchase price: $92,800
Cash invested: $11,400
Sale price: $142,000

Before, during and after videos available on our youtube channel look for REAL ESTATE INVESTMENTS Playlist: https://www.youtube.com/channel/UCz0kdYJNv1l_8dw42YErEpw?view_as=subscriber

What made you interested in investing in this type of deal?

it was a simple quick condo flip. turned the money over in couple months and on to the next.

How did you find this deal and how did you negotiate it?

Found it on the MLS. The listing agent was not very responsive and I think she under sold it due to the fact the lack of communication made it hard to show and hard to negotiate. I stayed on top of it until we got it accepted.

How did you finance this deal?

cash from an self directed IRA account

How did you add value to the deal?

full remodel

What was the outcome?

turned nice quick profit.

Lessons learned? Challenges?

pretty straight forward condo flip

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Used The Adams Team to facilitate purchase and resale.