Lightning-Fast Profit: Hiawatha Way Success with Himanshu Patel!

[Julie Muse]

Investment Info:

Single-family residence wholesale investment.

Purchase price: $165,000
Sale price: $186,000

Contributors:
Peter Vekselman

Partner Driven, in collaboration with our partner Himanshu Patel, acquired a property on Hiawatha Way in Garland, TX, for $165,000 on 03/14/2022. We quickly sold it the same day for $186,000. This swift transaction showcased our ability to identify and execute profitable deals efficiently. The partnership and market strategy led to a successful outcome with minimal holding time, maximizing return on investment.

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

Partner Driven was attracted to the Hiawatha Way property due to its potential for a quick, profitable sale. The property’s location in Garland, TX, and the favorable market conditions indicated a strong opportunity for a rapid turnaround. With minimal investment needed and a clear path to profit, this deal perfectly aligned with our strategy of maximizing returns through efficient, targeted real estate transactions.

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

Our partner, Himanshu Patel, identified the Hiawatha Way property as a promising investment opportunity. Leveraging Himanshu’s local market knowledge, we quickly assessed the deal’s potential. Negotiations were conducted swiftly, allowing us to secure the property for $165,000. The strong collaboration between Partner Driven and Himanshu Patel was crucial in capitalizing on this high-opportunity deal and achieving a successful outcome.

How did you finance this deal?

Partner Driven financed the Hiawatha Way deal by utilizing internal capital resources. By directly funding the $165,000 purchase, we ensured a quick and smooth transaction. This approach allowed us to maintain full control over the process, from acquisition to resale. Our efficient financing strategy enabled us to capitalize on the opportunity and achieve a swift, profitable outcome with our partner, Himanshu Patel.

How did you add value to the deal?

Partner Driven added value to the Hiawatha Way deal through expert market analysis and strategic decision-making. Although no renovations were necessary, our team’s ability to quickly assess the property’s value and potential for immediate resale was key. We leveraged our marketing expertise to highlight the property’s strengths, facilitating a same-day sale at a higher price, which maximized the return on investment.

What was the outcome?

The Hiawatha Way deal in Garland, TX, resulted in a swift and profitable transaction. Partner Driven and Himanshu Patel purchased the property for $165,000 and sold it the same day for $186,000. This success demonstrated our ability to efficiently manage real estate deals, achieving a substantial profit with minimal holding time. The outcome reinforced the effectiveness of our partnership and strategic approach.

Lessons learned? Challenges?

The Hiawatha Way project highlighted the importance of rapid decision-making and market analysis in real estate. The challenge was executing a same-day transaction with precision, but the deal underscored the value of having strong partnerships and a clear investment strategy. This experience reinforced the importance of being agile in the market, ready to capitalize on opportunities as they arise for maximum profitability.