Hey guys,
Just wanted to throw an update out there! PSA: I am not bragging. Mainly because I don't have much to brag about lol
Anyways, 1st week into the new year and I have already wholesaled 1 house! Whoop whoop! That makes 9 closings total since starting almost a year and a half ago with a small hiatus and 3 in the last 6 months. Considering I haven't really ramped up my marketing like I am about to I'm definitely fired up! My goal is to do 12 total this year (1/month) hopefully averaging about 2-5k per house. Yesterday was for a total of $2,000 so I'm more than satisfied. (Free money is always good money. Then again, technically it ain't free but Whatever!) But here are some details on it:
House was acquired via bandit sign: Homeowner was going through divorce so him and wife had to sell home ASAP. Was an empty 3/1 that needed about 4-5k work (just needed to get rent ready)but in a B-/C+ area and consistent rents were about $600-650. Was able to contract for 16 (very motivated due to divorce and getting everything settled) and sell for 20K (profit was split with partner)! Did take a little bit longer because of the ex-spouses and their attorneys but all in all, great way to bring the year in!!
Currently helping another investor out with one under contract in a tougher area but we will see how it plays out! Happy buying and selling to everyone out there!!
