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Real Estate Deal Analysis & Advice

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Ryan Dossey
  • Real Estate Broker
  • Indianapolis, IN
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Quintuple closing. Closed a deal on Friday net profit = $23,000.00

Ryan Dossey
  • Real Estate Broker
  • Indianapolis, IN
Posted Feb 16 2015, 10:32

As many of you know my business partner and I have been using @Jerry Puckett with great success. 7k in marketing has turned into 30k+ in profit, two SFR, and 9 other offers we have pending.

Most recent deal took around 3 months to close. Attorney working with a family on an inheritance. From non notarized poa's to pushing back closing 3 times I had to jump through dozens of hoops to make this happen. We got 2 homes under contract as a package in a rough neighborhood in rough shape. We listed them on CL and postlets and they were sold within 3 days of listing. Our net profit was 22k. 

How is this for unusual though... Quintuple double closing. That's right. The title company did FIVE double closings in one day on these. 

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