I bought this house from direct marketing for $200,000 and we ended up selling it for $313,000 a few months later. It was a great flip and one that I wish we could do over and over and over again!
The house was bought thanks to an email I got from someone whose parents wanted to sell. They did not want to list the house with an agent and they had lived there since the home was new. I talked to them and we came together on a price. They were buying a house in another state and they needed flexibility with closing which we were able to accomplish since we don't need to move into the house or sell anything else to buy it.
The house needed some love but it was mostly cosmetic except for the roof. The roof had been hailed on a few times over the years and was in need of replacement. We replaced the carpet, paint, pictures, and made some other minor repairs but this was a fairly easy job for us!
It also helped that the real estate market has increased in value so much while we owned the home. We thought it would sell for $280,000 when we first bought it and it ended up selling for $30,000 more!
Be sure to check out our complete before and after house flipping playlist to see more videos like this one where we go over all of the numbers and the real profit.
To get the free book showing how Mark Ferguson has made more than $3 million from rental properties alone click here investfourmore.com/yt
You will also get direct links to some of my most important content, notices for new articles on Investfourmore.com, and special offers.
————
To see more free content on a daily basis check out the InvestFourMore Instagram page: [ Ссылка ]
————
The best way to get in contact with me is through the Insider. I answer any question asked there. As an Insider, you also get access to exclusive podcasts, newsletters, and advanced real estate calculators [ Ссылка ]
————
The Complete Blueprint – Rental Properties, Flipping, Ect. – Direct Access to Mark [ Ссылка ]
My books: [ Ссылка ]
————
Mark Ferguson’s purpose is to help as many people as he can become financially free through real estate.
Mark has been a real estate investor and real estate agent since 2001, after graduating from the University of Colorado. Mark has flipped close to 200 houses and routinely flips 15 to 25 houses a year. Mark owns 170,000 square feet of rentals and is the managing broker and owner of Blue Steel Real Estate. Mark has also written 9 books that you can find on Amazon [ Ссылка ]
Mark started InvestFourMore in March of 2013 to discuss his rental property investing techniques. Mark expanded InvestFourMore to talk about his flipping business and real estate agent business. InvestFourMore now has 300,000 views a month and is one of the top real estate blogs.
————
Instagram: [ Ссылка ]
LinkedIn: [ Ссылка ]
Twitter: [ Ссылка ]
Facebook: [ Ссылка ]
Website: [ Ссылка ]
House Flip Before and After Playlist: [ Ссылка ]
Lenders and Funding Resources: [ Ссылка ]
