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Updated over 11 years ago on . Most recent reply

User Stats

179
Posts
71
Votes
Michael Galloway
  • Real Estate Investor
  • Lafayette, CA
71
Votes |
179
Posts

Secured Another decent deal today in Alamo California

Michael Galloway
  • Real Estate Investor
  • Lafayette, CA
Posted

Just got the verification today on a small house large lot in Alamo California. My team will be tearing this one down to one wall. (existing 1500sqft) We will be building a 4000 sqft new house in its place. Lot Cost $700k, Build cost $400K exit $2M+

This deal works because the neighborhood is full of solid comps of $2M. $500 per square

Might be partnering with Jory Sandusky's architec on this one.

Most Popular Reply

User Stats

259
Posts
146
Votes
Brandon Foken
  • Wholesaler
  • San Francisco, CA
146
Votes |
259
Posts
Brandon Foken
  • Wholesaler
  • San Francisco, CA
Replied

Congrats, Michael Galloway! Look at you - getting deals while everyone else is relaxing celebrating their favorite President. Hope I get to see it soon.

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