This was on the last lower priced one I'd gone after, which at the time seemed like I got a deal, even though I had to outbid at first maybe 5 bidders and finally one who ran it up a good 20 grand or so.

@Brandon Y. did you guys move forward with this?

Let’s say you own a land lot worth in the market only $20k, but because land prices are all over the board, you have a legit appraisal at $50k.  

Purchase price: $60,500 Cash invested: $40,000 Sale price: $205,000 Hoarder house foreclosure. 150 contractor bags, and a couple rollaways of garbage later we could start the demo.

Price them out.

I told him to talk to me before signing with an agent as I know it will cost him 5-6% additional which would reflect on a price increase plus I have to deal with competition.

The closer you are the more you attract folks that are less price conscience. 

Purchase price: $284,000 Cash invested: $20,350 Sale price: $435,000 Contributors: Peter Vekselman Partner Driven, in partnership with Seth Choate, purchased a home on N Backer Avenue in Fresno, CA, for $284,000 on 10/29/2021.

@Ahmed Aboelela When I’m unsure on the cost of something I call around to different vendors and ask for estimates on pricing.

Purchase price: $195,000 Cash invested: $27,200 Sale price: $259,000 Contributors: Peter Vekselman Partner Driven, alongside our partner Seth Choate, acquired a property on Mount Vernon Dr #D in Modesto, CA, for $195,000 on 4/29/2022.