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Updated 6 months ago,
Dolphin Road Triumph: Swift Flip in Titusville with Amonte Miller!
Investment Info:
Single-family residence wholesale investment.
Purchase price: $200,000
Sale price: $233,000
Contributors:
Peter Vekselman
Partner Driven, in collaboration with Amonte Miller, successfully completed a deal on Dolphin Road, Titusville, FL. We purchased the home on 6/7/2022 for $200,000 and sold it the same day for $233,000. This quick and profitable transaction showcased our effective strategy and the strength of our partnership with Amonte, highlighting our ability to deliver outstanding results through strategic investments.
What made you interested in investing in this type of deal?
Partner Driven was drawn to the Dolphin Road deal in Titusville, FL, due to its quick turnaround potential and attractive profit margin. Purchased for $200,000 with a same-day resale value of $233,000, the property offered excellent returns. The strategic location and the opportunity for a fast, profitable flip made it an appealing investment.
How did you find this deal and how did you negotiate it?
Our partner, Amonte Miller, discovered the Dolphin Road deal and brought it to our attention. Leveraging Amonte's local market knowledge, we quickly evaluated the property's potential. Efficient negotiations secured the property for $200,000 on favorable terms. This collaboration highlights the importance of strong partnerships and local expertise in identifying and securing profitable real estate deals.
How did you finance this deal?
Partner Driven financed the Dolphin Road deal using its own capital, covering the $200,000 purchase price. This approach enabled swift action, allowing a same-day sale for $233,000. Our financial commitment ensured a smooth and expedited transaction, demonstrating our dedication to providing the necessary resources for successful real estate ventures and maximizing profitability.
How did you add value to the deal?
In the Dolphin Road deal, Partner Driven added value through strategic marketing and negotiation skills. No renovations were required, but our efficient project management and market analysis ensured a quick and profitable flip. Our ability to secure and resell the property swiftly underscored our expertise in maximizing value without extensive physical improvements.
What was the outcome?
The outcome of the Dolphin Road deal in Titusville, FL, was highly successful. Partner Driven and Amonte Miller purchased the property for $200,000 and sold it the same day for $233,000. This transaction showcased our effective strategy and project management, resulting in a substantial profit. The deal highlighted the strength of our partnership with Amonte and our commitment to achieving outstanding results through strategic investments.
Lessons learned? Challenges?
The Dolphin Road deal provided valuable insights and posed some challenges. Managing a quick turnaround without renovations required effective decision-making and marketing. The experience emphasized the importance of strong partnerships and local market knowledge. The successful sale reinforced the value of swift action and strategic planning in maximizing profitability in real estate investments.
- Julie Muse