Quick Flip Success: Profitable Whole-tailing with Archie Ragland

[Julie Muse]

Investment Info:

Single-family residence wholesale investment.

Purchase price: $93,000
Sale price: $122,500

Partner Driven, in collaboration with Archie Ragland, completed a successful whole-tailing deal on 4/16/2024. We secured the property under contract for $93,000 and sold it for $122,500. This quick turnaround showcased our ability to efficiently maximize property value with minimal investment. The deal underscores Partner Driven's commitment to delivering outstanding results for our partners.

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

We were interested in the deal with Archie Ragland due to several factors: Quick Turnaround: Whole-tailing allows for a fast transaction with minimal holding time. Profit Potential: The difference between the purchase price of $93,000 and the sale price of $122,500 presented a clear profit opportunity. Low Investment: This strategy required minimal additional investment, reducing risk. Partnership: Collaborating with Archie Ragland provided valuable local insights and expertise.

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

We found the deal through our partner, Archie Ragland, who identified the opportunity and brought it directly to us. Leveraging his local market knowledge, Archie helped us secure the property under contract for $93,000. Our combined expertise and strategic approach enabled us to negotiate favorable terms, ensuring a successful whole-tailing transaction for Partner Driven.

How did you finance this deal?

We financed the deal using Partner Driven's capital, covering the $93,000 purchase price. This approach allowed us to move quickly and efficiently, ensuring the project stayed on track and was completed without delays. Our financial support facilitated a smooth transaction and highlighted our commitment to providing the necessary resources for successful real estate investments.

How did you add value to the deal?

We added value to the deal by implementing our efficient whole-tailing strategy. First, we secured the property at a favorable price of $93,000. We then focused on marketing the property effectively to attract buyers quickly. By leveraging our network and expertise, we were able to sell the property for $122,500. This approach required minimal additional investment, maximizing profit and demonstrating Partner Driven's ability to enhance property value through strategic actions.

What was the outcome?

The outcome of the deal with Archie Ragland was highly successful. We purchased the property for $93,000 and sold it for $122,500 on 4/16/2024. This quick and profitable transaction highlighted our effective whole-tailing strategy. The success of this deal underscored Partner Driven's commitment to delivering outstanding results for our partners, demonstrating our ability to efficiently maximize property value with minimal investment.

Lessons learned? Challenges?

Lessons Learned:

Effective Marketing: Strategic marketing quickly attracted buyers.
Local Expertise: Partnering with Archie Ragland, who had local market knowledge, was crucial.
Whole-tailing Efficiency: This strategy proved effective for quick, profitable transactions.
Challenges:

Market Timing: Pricing and marketing the property correctly to ensure a quick sale.
Coordination: Seamlessly managing the process from securing to selling the property.