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 8 years ago, 05/09/2016
2016 Updates
So 2015 was a pretty awesome year but I figured I'd make a post to keep me honest and pushing for the remainder of the year, as I had a month vacation that slowed down the progress.
Deal 1) Bought a house for 73.5k at auction sight unseen. Yeah, I know I know but I graduated about 10 miles from the house. Closed March 1, have about a week left of work to complete. Rehab costs (35k- fairly certain at this point), holding costs of 400. I plan to list it myself@ 219.9 and It should sell for over 205k without blinking. Pictures to come (I have before and middle, still waiting for the complete photos). Est Profit ~100
Deal 2) Guy saw a sign that I buy houses, called me, Purchase price of 51.5k, closing is 4/15/16 and has been wholesaled for 62.2k (double close)