A Win-Win Deal: Quick Profit on Ave F in Bay City, TX

[Julie Muse]

Investment Info:

Single-family residence wholesale investment.

Purchase price: $135,000
Sale price: $145,000

Partner Driven, in collaboration with our partner Rodney Lomax, successfully completed a whole-tailing deal on Ave F, Bay City, TX. On 4/28/2024, we purchased the property for $136,000 and sold it for $145,000. While this wasn't a huge money maker, a deal is a deal, especially when you don't have to invest money in renovations. This quick and profitable transaction exemplifies our strategic whole-tailing approach and commitment to delivering successful outcomes for our partners.

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

Our interest in the Ave F deal in Bay City, TX, was due to its low risk, requiring no renovation investment. The quick turnaround aligned with our efficient investment strategy, and the clear profit potential, even if modest, made it appealing. Partnering with Rodney Lomax, who provided valuable local insights, ensured a smooth process, making this deal a strategic choice for Partner Driven.

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

We discovered the Ave F deal through our partner, Rodney Lomax, who identified the opportunity in Bay City, TX. Rodney brought the deal directly to us, adhering to our strategy of sourcing deals directly from sellers. Together, we negotiated the purchase price of $136,000, leveraging our combined market knowledge and strategic approach. This collaboration ensured favorable terms and set the stage for a successful whole-tailing transaction.

How did you finance this deal?

We financed the Ave F deal using Partner Driven's capital. This approach covered the $136,000 purchase price, enabling a swift acquisition. By utilizing our financial resources, we ensured the project moved forward without delays, facilitating a quick and profitable sale for $145,000. Partner Driven's funding and efficient whole-tailing strategy were key to the success of this transaction.

How did you add value to the deal?

We added value to the Ave F deal in Bay City, TX, through our efficient whole-tailing strategy. By purchasing the property at a favorable price of $136,000 and quickly reselling it for $145,000, we leveraged our marketing expertise and extensive network to attract buyers. Our approach required no renovation investment, highlighting Partner Driven's ability to maximize returns with minimal costs. This quick turnaround and effective strategy demonstrated our commitment to creating value for our pa

What was the outcome?

The outcome of the Ave F deal in Bay City, TX, was a successful and profitable transaction for Partner Driven. We purchased the property for $136,000 and sold it for $145,000. While it wasn't a huge money maker, the deal was completed swiftly without any renovation costs, showcasing the effectiveness of our whole-tailing strategy. This transaction highlighted our ability to generate profit efficiently and underscored our commitment to delivering successful outcomes for our partners, including R

Lessons learned? Challenges?

The Ave F deal in Bay City, TX, provided key lessons and challenges. The house was in good shape and purchased by a homeowner, showing that our whole-tailing strategies can attract a broad range of buyers and open more doors for profitable transactions. The main challenge was ensuring a quick turnaround without investing in renovations, which required effective marketing and pricing strategies. This deal reinforced the versatility and effectiveness of Partner Driven's whole-tailing approach.