Greenwood Ave Success: Quick Flip in West Palm Beach with Francisco Diego!

[Julie Muse]

Investment Info:

Single-family residence wholesale investment in West Palm Beach.

Purchase price: $154,000
Sale price: $185,000

Contributors:
Peter Vekselman

Partner Driven, in collaboration with our partner Francisco Diego, successfully completed a deal on Greenwood Ave, West Palm Beach, FL. We purchased the home on 04/08/2022 for $154,000 and sold it for $185,000 the same day. This transaction demonstrated 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 attracted to the Greenwood Ave property in West Palm Beach, FL, due to its potential for a quick and profitable turnaround. Acquired for $154,000 and resold for $185,000 on the same day, the deal offered excellent profit margins with minimal holding time. The property's location and immediate resale potential made it an appealing investment opportunity, showcasing our strategy for swift and profitable transactions.

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

Our partner, Francisco Diego, discovered the Greenwood Ave property and brought it to our attention. Leveraging Francisco's local market expertise, we quickly assessed its potential. Efficient negotiations secured the property for $154,000 on favorable terms. This collaboration highlights the importance of strong partnerships and local knowledge in identifying and securing profitable real estate opportunities.

How did you finance this deal?

Partner Driven financed the Greenwood Ave deal using its own capital, covering the $154,000 purchase price. This approach enabled a swift transaction and ensured the necessary funds were readily available. By utilizing our own resources, we facilitated a quick turnaround and maximized returns, reflecting our commitment to effective and efficient real estate investment strategies for our partners.

How did you add value to the deal?

Partner Driven added value to the Greenwood Ave property by leveraging our market knowledge and strategic selling approach. While no renovations were needed, our expertise in marketing and quick transaction execution significantly enhanced the property's appeal. Our efficient process and extensive network ensured a same-day resale at $185,000, demonstrating our ability to maximize returns through effective investment strategies.

What was the outcome?

The Greenwood Ave deal in West Palm Beach, FL, was a notable success. Partner Driven and Francisco Diego purchased the property for $154,000 and sold it the same day for $185,000. This transaction highlighted our ability to swiftly identify and capitalize on profitable opportunities, resulting in a substantial return on investment. The outcome underscored the strength of our partnership with Francisco and our effective investment

Lessons learned? Challenges?

The Greenwood Ave project taught us valuable lessons and posed some challenges. Coordinating a same-day sale required precise timing and seamless communication. Despite these hurdles, the success highlighted the importance of strategic planning, market analysis, and strong partnerships. The deal reinforced the value of agility and efficient processes in maximizing profitability in real estate investments.