Lightning Fast Sale: Quick Profits on 43rd St with Preston Moore!

[Julie Muse]

Investment Info:

Single-family residence wholesale investment.

Purchase price: $40,000
Sale price: $50,113

Contributors:
Peter Vekselman

Partner Driven, in collaboration with Preston Moore, successfully completed a quick sale on 43rd St, Fairfield, AL 35064. We purchased the home on 1/5/2024 for $40,000 and sold it the same day for $50,113. This rapid transaction showcased our efficient investment strategy and ability to deliver profitable outcomes swiftly. The partnership with Preston Moore exemplified our collaborative approach to real estate success and quick market responsiveness.

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

Partner Driven was interested in the 43rd St deal in Fairfield, AL, due to its low purchase price of $40,000 and the potential for a quick, profitable turnaround. The ability to sell the property the same day for $50,113 presented a unique investment opportunity with minimal risk and high returns. Partnering with Preston Moore provided valuable local insights, making this an attractive and strategic investment for Partner Driven.

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

We found the 43rd St deal through our partner, Preston Moore, who identified the opportunity and brought it directly to us. Leveraging Preston's local market knowledge, we secured the property for $40,000. Together, we negotiated favorable terms with the seller, ensuring a quick and efficient transaction. This collaboration highlights the importance of strong partnerships and local insights in identifying and negotiating profitable real estate opportunities.

How did you finance this deal?

Partner Driven financed the 43rd St deal using its own capital, covering the $40,000 purchase price. This approach allowed us to proceed swiftly and efficiently, ensuring a seamless transaction. Our financial support demonstrated our commitment to providing the necessary resources for successful real estate investments. By utilizing our capital, we facilitated a quick turnaround, enabling a same-day sale for $50,113 in collaboration with our partner, Preston Moore.

How did you add value to the deal?

Partner Driven added value to the 43rd St deal by leveraging our market expertise and strategic approach. Although no major renovations were needed, our effective negotiation and rapid transaction management significantly increased the property's market value. Additionally, our partnership with Preston Moore ensured local insights and timely execution. This swift and efficient handling of the deal enabled a same-day sale, turning a quick profit and showcasing our ability to maximize investment r

What was the outcome?

The outcome of the 43rd St deal in Fairfield, AL, was highly successful. Partner Driven and Preston Moore purchased the property for $40,000 and sold it the same day for $50,113. This rapid transaction showcased our efficient investment strategy and ability to deliver quick, profitable outcomes. The deal highlighted the strength of our partnership with Preston and our commitment to maximizing returns through strategic, swift execution.

Lessons learned? Challenges?

The 43rd St deal was a very skinny deal, presenting minimal profit margins. However, using our whole-tailing strategy, we turned a profit. The main challenge was ensuring a quick and efficient transaction to maximize returns. This experience reinforced the importance of strategic execution and adaptability in real estate investments, demonstrating that even deals with slim margins can be profitable with the right approach.