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Updated 6 months ago,
Bell Court Triumph: Rapid Sale in Rex, GA with Jamari Spruell!
Investment Info:
Single-family residence wholesale investment.
Purchase price: $155,000
Sale price: $250,000
Contributors:
Peter Vekselman
Partner Driven, in collaboration with our partner Jamari Spruell, successfully completed a deal on Bell Court, Rex, GA. We purchased the home on 04/11/2022 for $155,000 and sold it for $250,000 on the same day. This transaction highlighted our ability to quickly identify and capitalize on profitable opportunities, resulting in a substantial return on investment through effective market strategy and partnership.
What made you interested in investing in this type of deal?
Partner Driven was drawn to the Bell Court property in Rex, GA, due to its promising return on investment with no renovation needed. Acquired for $155,000 and resold for $250,000 the same day, the deal offered excellent profit margins. The property's location, combined with its immediate resale potential, made it an attractive investment opportunity.
How did you find this deal and how did you negotiate it?
Our partner, Jamari Spruell, identified the Bell Court property and presented it to us. Leveraging Jamari's local market insights, we quickly assessed its potential. Through efficient negotiations, we secured the property for $155,000 on favorable terms. This collaboration underscores the value of strong partnerships and local expertise in identifying and securing lucrative real estate opportunities.
How did you finance this deal?
Partner Driven financed the Bell Court deal using its own capital, covering the $155,000 purchase price. This approach allowed for a swift transaction and ensured that all necessary resources were promptly available. By utilizing our own funds, we could efficiently execute the deal and maximize returns, demonstrating our commitment to facilitating successful real estate investments for our partners.
How did you add value to the deal?
Partner Driven added value to the Bell Court property by leveraging our market knowledge and strategic selling approach. Although no renovations were needed, our expertise in marketing and quick transaction capabilities significantly boosted the property's appeal. Our efficient process and strong network ensured the property was resold for $250,000 the same day, maximizing returns and demonstrating our effective investment strategy.
What was the outcome?
The Bell Court deal in Rex, GA, was a remarkable success. Partner Driven and Jamari Spruell purchased the property for $155,000 and sold it the same day for $250,000. This transaction showcased our ability to swiftly identify and capitalize on profitable opportunities. The outcome highlighted our strategic approach and strong partnership, resulting in a substantial profit with minimal time investment.
Lessons learned? Challenges?
The Bell Court project taught us valuable lessons and presented some challenges. Coordinating a same-day sale required precise timing and effective communication. Despite these hurdles, the deal highlighted the importance of thorough market analysis and strong partnerships. The success emphasized the potential of quick turnaround strategies in real estate, reinforcing the value of agility and strategic planning in maximizing profitability.
- Julie Muse