Purchase price: $17,000 Sale price: $27,000 Contributors: Peter Vekselman Partner Driven and Archie Raglin acquired this property on 1/3/2025 for $17,000 and sold it the same day for $27,000.

Comps in the last 30 days sold between 90,000-100,000.Any advice on what you guys think would be the best thing to do?

. - See our copy & paste advice at the bottom of this response.2) Managing the Renovation- Everyone thinks a PMC can easily do this. 

Get your copy at the best price ever, right now here!

We have sold (tax free), kept as long term and/or short term rentals as well.

With this being your first purchase, you may want to consider a property that's not being sold at auction. 

The property was held for 25 months and sold.

I would build a very compact one bedroom or two bedroom, I can email you an example from our market that sold.

It has to be sold prior to dissolving the company to clear the debt against it and free up cash.

. - The property is renovated and sold at a significant profit, and both parties are satisfied. 5.