Pin Oak Drive: Rapid Profit Sale with Mike Hardin!

[Julie Muse]

Investment Info:

Single-family residence wholesale investment.

Purchase price: $200,000
Sale price: $220,000

Contributors:
Peter Vekselman

Partner Driven, in collaboration with Mike Hardin, successfully completed a quick sale on Pin Oak Dr, Perkiomenville, PA 18074. We purchased the home on 9/22/2023 for $200,000 and sold it for $220,000. This rapid transaction showcased our efficient investment strategy and ability to deliver profitable outcomes swiftly. The partnership with Mike Hardin exemplified our collaborative approach to real estate success.

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

Partner Driven was interested in the Pin Oak Dr deal in Perkiomenville, PA, due to its high profit potential and quick turnaround. With a purchase price of $200,000 and a sale price of $220,000, the property promised substantial returns with minimal risk. Partnering with Mike Hardin 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 Pin Oak Dr deal through our partner, Mike Hardin, who identified the opportunity and brought it directly to us. Leveraging Mike's local market expertise, we secured the property for $200,000. Together, we negotiated favorable terms with the seller, ensuring a swift and beneficial transaction. This collaboration underscores 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 Pin Oak Dr deal using its own capital, covering the $200,000 purchase price. This approach allowed us to proceed quickly and efficiently, ensuring a seamless transaction. Our financial support demonstrated our commitment to providing the necessary resources for successful real estate investments, enabling a smooth and profitable sale for $220,000 in collaboration with our partner, Mike Hardin.

How did you add value to the deal?

Partner Driven added value to the Pin Oak Dr deal through effective negotiation and market expertise. Although no major renovations were needed, our strategic approach and rapid transaction management significantly increased the property's market value. Additionally, our partnership with Mike Hardin ensured local insights and timely execution. This swift and efficient handling of the deal enabled a sale, maximizing returns and showcasing our ability to deliver profitable outcomes.

What was the outcome?

The outcome of the Pin Oak Dr deal in Perkiomenville, PA, was highly successful. Partner Driven and Mike Hardin purchased the property for $200,000 and sold it for $220,000. This rapid transaction showcased our efficient investment strategy and ability to deliver quick, profitable outcomes. The deal highlighted the strength of our partnership with Mike and our commitment to maximizing returns through strategic, swift execution, resulting in a substantial profit.

Lessons learned? Challenges?

The Pin Oak Dr deal taught us valuable lessons and presented challenges. It was a quick whole-tail transaction, resulting in a $20,000 profit. The main challenge was ensuring a seamless same-day sale, which required precise coordination and efficient execution. This experience reinforced the value of strong partnerships, swift decision-making, and effective management in real estate investments with Partner Driven.