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Updated almost 9 years ago on .

User Stats

90
Posts
43
Votes
David Kosiorek
  • Investor
  • New York, NY
43
Votes |
90
Posts

2016 Updates

David Kosiorek
  • Investor
  • New York, NY
Posted

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)

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