OfflineThis was a short sale purchase that took several months to buy. It is a 2 bed/2 bath/1 car garage with about 1100 sq. ft. of living area.
Painted inside & out; new toilets, medicine cabinets & mirrors; new light fixtures, ceiling fans, & carpet. Spent about 3K on materials.
Listed on a "Flat Fee" Service for about $ 250; a
REA brought a buyer who was selling his house due to divorce, so we did a doule type of closing when he sold his house, took the cash & bought our house.
Sold it for $ 44,800; with the 3% commission, taxes, title insurance & doc stamps, the net was $ 41,759; less the 3K for materials = 38,759 less the 27,000 purchase price = $ 11,759 profit.
On to the next rehab!!!
__________________
WoW! Way to go guys!!! 64th deal??!
amazing!!!!
That pumped me up with inspiration and excitement!!
Thanks I needed that
-CJones
Great Job and Many more!
Are you still doing all the Rehab?
Jay C
Jay C
Great job on this deal.
Your #1 Cheerleader is weighing in!
GO,GO,GO!!!
Karen
"You're never too old to be what you were meant to be!"
www.deangraziosi.com/real-estate-forums/investing-journals/59128/day-for...
"Shining Like a Star & Dancing on Sunshine"
"Shoot for the moon! Even if you fall short, you'll still land among the stars!"
Caroline, thanks for the support. Glad to hear this helped to pump you up. You will find that whether it's your 1st deal or your 100th the excitement
continues to rush to your head & down your whole body.
Always hang in there looking for a deal, 1 leads to 2 & the momentum will continue to build.
Congrats again to the both of you! You did the rehab fast on this one and also sold it quick. Way to go. I also got the pictures of Harrison. Sure turned out great! What a nice house! Talk to you both soon.
Ryan
I missed some time on DG and decided to stop in and see what everyone was up to and I see that " Gary and Jill are on #64" WAY TO GO GUYS!!!!
It's funny how you blink in this game and when you open your eyes... BOOM someone did it again... I LOVE IT!
You guys are really moving that is so awesome!
Congratulations!
Do not fear, for I am with you; do not be dismayed, for I am your God.I will strengthen you and help you; I will uphold you with my righteous right hand. Isaiah 41:10
http://realwholesaling.com FREE wholesaling tips and resources!
To your success,
Carol Stinson
Great Guys !!!
Do not let no one stop you from knowing more knowledge and initiative.
Hi guys,
I've been a bit out of touch on DG and like Carol said, boom!
I need to go refresh on your other 63 deals.
Keep it up!
Tina
Never, Never, Never Quit, N3Q
"Nothing happens until you place an offer."
"Skip Deal #1, go straight to Deal #2; it's so much easier."
"There is nothing so useless as doing efficiently that which should not be done at all." — Peter F. Drucker... so, "Don't sweat the small stuff." -R.Carlson. "The greatest mistake you can make in life is to be continually fearing you will make one."~E.Hubbard, The Note Book, 1927...so, Do it for the right reason and "Do it with a headache!" - Dean Graziosi, Weekly Wisdom #176
That is just a sweat deal "Right There"
Those are some nice numbers !
Do you mind if I ask how do you come about finding your deals?
Keep up the good work.
Thanks
Get A Cash Offer Now on your deal's any state any condition within 24 hours.
Thanks Jay, yes we are still doing the rehabs ourselves. The average on takes Jill & I 3 to 4 weeks, working anywhere from 3 to 6 hrs per day. If we need a roof or central air replaced, then we call the contractor.
We figure that making that $ 11.7K for 3 weeks of part time work is alot
more than we could make having a regular job.
I have 3 more buyers that want small remodeled reasonably priced homes, so we have to find some this week!
Thanks for your support.
it is funny how they just mount up when you devote your effort towards real estate. Fantastic job!!
Always Looking to Acquire Houses | Always Looking to Amaze Investors
Keep pushing, hoping and work on it daily whether it is putting bandits signs study the materials or rubbing shoulders with investors do something every day that will reward you in the future.
Success Conscious,
JR Joseph
Success Conscious
JR Joseph
Thanks so much, you are truly our # 1 Cheerleader!
Thanks, it did go pretty quick. I just listed Harrison on flat fee for Citrus County MLS # 700260 at $ 76,900.
Thanks Carol, Jill & I love doing these fix & flips! It's great for us working & being together(just about 24/7)but it gives a great a satifaction to take a dump & turn it into a beautiful home for someone; & making a nice piece of change doing it sure doesn't hurt.
Our problem is that we have buyers that want our work but don't have enough properties to rehab...you'll have to help find some for us in Beverly Hills, Fl. 34465 ... this way we both can make some more money!
Thanks again, Gary & Jill
Thank you!
Thanks Tina, it's starting hard to keep track of all of them ... or maybe it's just me getting old.
That deal was a short sale that was listed on the MLS. Some of our deals are from private owners that call from our "We Buy Houses" signs on our vehicles; some are probates that we research on the county clerk's website; some are REOs listed on the MLS; & of course some are private sellers, whether
FSBOs or also listed on the MLS. We have purchased through county auctions, auctions.com, & Hudson & Marshall. No matter where they are, you just have run the numbers to see if they will work for you!
Thanks Bill, it's true that with a little devotion & work it's amazing what you can accomplish with real estate.
On all your success! Look forward to the next! Thanks for being a great example for all of us!
I Exist. I Am That I Am. I Know That I Know.
Gary and Jill,
You are flipping houses as if they were pancakes!!! Very impressive!
Thank you for sharing, and motivating all of us here!!!!
Valerie
“And will you succeed? Yes indeed, yes indeed! Ninety-eight and three-quarters percent guaranteed!” ― Dr. Seuss
"I believe in angels, the kind that heaven sends; I am surrounded by angels, but I call them friends" - Unknown
My journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/59110/...
Great jop guys,and keep up the good work-very encouraging and inspiring when reaching such results like this.
Acutally we only do this part time, but since we do the rehab ourselves, the profit realized on one sale to a retail buyer equals 5 or 6 times the average bird-dog or wholesale deal.
Thanks Denni for such a wonderful compliment. We always strive to do better each time. As long as you have passion, do the work, you can accomplish great things with real estate.
Thanks Valerie, I like "pancakes", but we need more!!!! We need help finding some deals since we have people calling us for rehabs.
Thank you very much.
Good for you. Keep em coming.
Thanks Sherryl, we will keep them coming!