Profitable Pensacola Sale: Success with Fred Rogers on N 6th Ave

[Julie Muse]

Investment Info:

Single-family residence wholesale investment.

Purchase price: $62,000
Sale price: $110,000

Partner Driven, in collaboration with Fred Rogers, successfully completed a deal on N 6th Ave, Pensacola, FL. We purchased the home on 3/14/2024 for $65,000 and sold it for $110,000. This quick and profitable transaction highlighted our effective investment strategy and strong partnership with Fred. The deal exemplified Partner Driven's commitment to delivering outstanding results through strategic investments and collaborative efforts in the real estate market.

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

Partner Driven was interested in the N 6th Ave deal due to its low purchase price of $65,000, offering a low-risk investment. The high ROI potential with a sale price of $110,000 promised substantial profit. The quick turnaround required minimal preparation time, ensuring a fast transaction. Additionally, partnering with Fred Rogers provided valuable local insights and expertise, making this an attractive and strategically sound investment for Partner Driven.

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

We found the N 6th Ave deal through our partner, Fred Rogers, who identified the opportunity in Pensacola, FL. Fred brought the deal directly to us, leveraging his local market knowledge and connections. The property was available at a compelling price of $65,000. Together, we negotiated favorable terms with the seller, ensuring we secured the property at the best possible price. Fred's insights and our strategic approach were crucial in successfully closing the deal.

How did you finance this deal?

Partner Driven financed the N 6th Ave deal using its own capital, covering the $65,000 purchase price. This allowed us to move quickly and efficiently, avoiding delays and capitalizing on the opportunity. Our financial backing ensured the resources needed to secure the property and prepare it for sale. This approach demonstrated our commitment to supporting our partners and ensuring the smooth execution of real estate transactions, contributing to the project's success.

How did you add value to the deal?

Partner Driven added value to the N 6th Ave deal by leveraging our expertise in quick renovations and effective marketing. We ensured the property was market-ready, highlighting its best features to attract buyers. Our efficient project management minimized costs and time, while our strategic marketing maximized exposure. This approach increased the property's appeal and market value, leading to a successful sale and substantial profit.

What was the outcome?

The outcome was highly successful. Partner Driven and Fred Rogers purchased the property for $65,000 and sold it for $110,000, achieving substantial profit. The quick turnaround and effective marketing ensured a smooth transaction. This deal demonstrated the strength of our partnership with Fred and our ability to add significant value through strategic planning and efficient execution, highlighting Partner Driven's commitment to delivering outstanding results.

Lessons learned? Challenges?

We whole-tailed the N 6th Ave deal, learning that quick, strategic actions can lead to high returns. Challenges included ensuring the property was market-ready swiftly and managing the timing of the sale to maximize profit. Effective collaboration with Fred Rogers and leveraging local market knowledge were crucial. This experience highlighted the importance of speed, market insight, and strong partnerships in achieving successful real estate investments with Partner Driven.