Investment Info:

Single-family residence wholesale investment in Aldan.

Purchase price: $125,000

Cash invested: $50,000

Sale price: $240,000

NOTE- this project is an ongoing rehab in lovely Aldan...

I’m in Canada, and since both hockey and Costco are religion here I now own a beauty 65” TV purchased for less than half price.

Lots of people have the inside beautiful, but forget to clean outside the front door. 

Now that my wife and I have a beautiful and crazy little one, I cherish the time I get to watch her grow up, which was never an option for my hardworking parents.

I took out walls and opened the kitchen and did a beautiful kitchen.

I have been checking Orlando and their rates on airbnb pre covid and from my research I was expecting the rates to be much higher for the beautiful houses with pool and great amenities.I actually think with rental arbitrage you can build wealth much faster.

Outside of an FHA appraisal I have never witnessed an appraiser even test the hot water works.

The beauty of wholesaling is if the deal is great you'll have buyers.

I look at depreciation and the other tax benefits as icing on the beautiful cake that is cash flow. 

I have family in Grayslake and it is a beautiful town.