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Updated 6 months ago, 06/28/2024

User Stats

236
Posts
66
Votes
Julie Muse
Professional Services
  • Flipper/Rehabber
  • North Georgia
66
Votes |
236
Posts

Quick Profit on Pennsylvania Ave: Whole-tailing Success with Matt Rzodkiewicz

Julie Muse
Professional Services
  • Flipper/Rehabber
  • North Georgia
Posted

Investment Info:

Single-family residence wholesale investment.

Purchase price: $28,000
Sale price: $41,500

Partner Driven, in collaboration with our partner Matt Rzodkiewicz, successfully completed a whole-tailing deal on Pennsylvania Ave, Rochester, PA. We secured the property for $28,000 and sold it for $41,500. This quick and profitable transaction highlighted our efficient whole-tailing strategy and ability to maximize returns with minimal investment. The deal exemplifies Partner Driven's commitment to delivering outstanding results for our partners and showcases the strength of our collaborative

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

We were interested in the Pennsylvania Ave deal in Rochester, PA, due to several key factors: Low Purchase Price: The property was secured for just $28,000, presenting a low-risk investment. Quick Turnaround: Whole-tailing allows for rapid transactions, minimizing holding costs. Profit Potential: Selling for $41,500 offered a clear profit margin. Partnership: Collaborating with Matt Rzodkiewicz provided valuable local insights and expertise.

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

We found the Pennsylvania Ave deal through our partner, Matt Rzodkiewicz, who identified the opportunity and brought it directly to us from the seller. Leveraging Matt's local market knowledge, we secured the property for $28,000. 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 Pennsylvania Ave deal using Partner Driven's capital, covering the $28,000 purchase price. This approach allowed us to proceed swiftly and efficiently, ensuring the project stayed on track and was completed without delays. Our financial backing 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 Pennsylvania Ave deal by implementing our efficient whole-tailing strategy. First, we secured the property at a favorable price of $28,000. 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 $41,500. 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 Pennsylvania Ave deal in Rochester, PA, was highly successful. We purchased the property for $28,000 and sold it for $41,500 using our efficient whole-tailing and double closing process. This approach allowed us to take ownership and quickly resell the property, providing greater control and flexibility. The quick and profitable transaction highlighted our effective strategy and ability to maximize returns with minimal investment.

Lessons learned? Challenges?

Lessons Learned: We learned the value of sourcing deals directly from sellers, as Matt Rzodkiewicz did, which leads to favorable purchase prices. The efficiency of the double closing process was evident, providing greater control and flexibility in whole-tailing. Additionally, quick and effective marketing proved crucial in attracting buyers swiftly.
Challenges: We faced challenges in ensuring correct pricing and marketing for a quick sale and managing the double closing process.

  • Julie Muse
business profile image
Partner Driven
4.5 stars
76 Reviews

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