Investor made 42k on her first flip I wholesaled her
I sold a wholesale deal to one of my investors let’s call her Ida (haha because that’s her name) a deal in North Little Rock off of JFK a few months back. I always do a follow up call to see how it went and what worked for them and what didn’t. It’s also a great way to continue to learn.
I was pleased to find out that it went great overall. She said that she fired her first GC because of delays, but after that it went smooth and she got a offer at full price 7 days after listing.
What’s funny is several other investors looked before her and thought the price was too high and that it wasn’t a deal. It was a win for all parties involved and I am pumped she did so well.
It just goes to show you how a positive mindset and the willingness to take some risk can make you a lot of money in this business.
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@Jeff Campbell $42k by itself is misleading. What was the ARV? 42k over a million is peanuts but the same amount on a $200k is a winner.