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 News & Current Events
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 over 9 years ago,

Account Closed
  • Real Estate Investor
  • Las Vegas, NV
38
Votes |
57
Posts

1.7 Million Dollar Profit Wholesale Deal?!

Account Closed
  • Real Estate Investor
  • Las Vegas, NV
Posted

I just came across this article on Facebook CEO Mark Zuckerberg buying all his neighbor's homes around him. There's now a lawsuit from one of the seller's because they were selling to a buyer who then wholesaled it to Zuckerberg at a 1.7 million dollar markup!!! That wholesaler basically blackmailed Zuckerberg saying he would build a new mansion overlooking Zuckerberg's master bedroom if Zuckerberg didn't buy the property from him. As if 1.7 million wasn't enough, the wholesaler is now suing Zuckerberg because he didn't perform other parts of their agreement like introducing him to Silicon Valley people. It's a really interesting read and my far the biggest wholesale deal I've ever heard of.

http://www.bloomberg.com/news/articles/2015-06-02/zuckerberg-s-neighbors-dive-into-backyard-brawl-with-developer

Loading replies...