Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 9 years ago, 03/05/2016

User Stats

48
Posts
16
Votes
Ramon Gonzalez
  • Miami, Fl
16
Votes |
48
Posts

$98,997.21 "Pre-hab Flip" in Miami,Fl in 38 days

Ramon Gonzalez
  • Miami, Fl
Posted

Purchased a property in Miami Fl, cleaned it out and got it ready for a rehabber to purchase. Purchase Price 87k, fix up 4k (clean out and put tarp on and repair stairs for safety)- then put on the MLS for 179k. Got over 100 calls and 39 showing with over 18 offers, the highest offer is currently at 195k all cash and close in 1 week. We will have the final highest and best on friday 2.27.2016!

100k Profit on a Wholesale "Prehab" Deal- Prehab is where you purchase the property and clean and out and get it ready for a professional rehabber to come in and purchase and rennovate the property.

The deals are out there.  We got this one by doing direct mail.  You just need to do more direct and move fast when you get something.

We just doubled down on the direct mail for the month of March and I will keep the BP team on the loop.  So far this has been a great deal and my team and I are super stoked about it.

Lastly, I am here to help anyone I can in any way.  I am looking for a way to contribute back, I don't need this for the money, thank god this business has given me and my family the opportunity to be financially free and a Multi-Millionaire.

Wow, thats the first time I write that in Public..

Thats the house below.  Keep Persevering and Keep hustling.

Hoping this and I may serve as an inspiration for you!

Loading replies...