Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago,
Quintuple closing. Closed a deal on Friday net profit = $23,000.00
As many of you know my business partner and I have been using @Jerry Puckett with great success. 7k in marketing has turned into 30k+ in profit, two SFR, and 9 other offers we have pending.
Most recent deal took around 3 months to close. Attorney working with a family on an inheritance. From non notarized poa's to pushing back closing 3 times I had to jump through dozens of hoops to make this happen. We got 2 homes under contract as a package in a rough neighborhood in rough shape. We listed them on CL and postlets and they were sold within 3 days of listing. Our net profit was 22k.
How is this for unusual though... Quintuple double closing. That's right. The title company did FIVE double closings in one day on these.