Easy Condo Flip in the Seattle Area ($45k --> $66k)

[Adrian Chu]

I was the broker for both the acquisition (as selling agent) and disposition (as listing agent) for this transaction.

Bought for $45,000 in February of this year.

Bought a new fridge and took care of some small repairs.  

HOA, property tax and holding costs were under $300 a month.

Listed the property on the MLS and sold it to a cash buyer for $66,000, closed in early July.

Most likely could have reduced the holding period if we started off by listing the property at a lower price sooner.