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Updated almost 9 years ago on . Most recent reply

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Ann Bellamy
  • Lender
  • Tyngsboro, MA
2,367
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3,269
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Almost 100K on your first flip? Waltham Black Diamond Tues 5/17

Ann Bellamy
  • Lender
  • Tyngsboro, MA
Posted

4 Replies

Disclaimer: BiggerPockets does not support or sponsor any meetups unless otherwise noted. Do your due diligence before attending any events. You may be agreeing to attend an event that includes promotion, pitching, or high-pressure sales tactics or techniques. Poster certifies that there will be no pitching of products or services at this event.

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Did your first flip make almost $100K?

Think back to your first deal:was it killer, or did it almost kill you?  (Remember, “What doesn’t kill you makes you stronger”♪♪♫)  Anyway, some of us made major missteps, some squeaked through, and a few us of made a profit.  But very few make almost $100K on their first deal.

Jack Sarcia used his college fund on a 3 unit when he was 19, and quit his high paying job to focus on real estate.  He teamed up with his cousin Jay, a broker and contractor, to make his first flip happen.  ack definitely had a leg up, but it all starts with finding the deal.

When they go through this case study, you will hear:

  • How Jack found this killer deal
  • Initial analysis of the deal with expected profit
  • Before and after photos
  • The unexpected in a hoarder house
  • What they chose to under-rehab and whether it back-fired
  • How they maximized the profit
  • Market conditions in the neighborhood
  • Final breakdown

You’ll never look at a Gatorade bottle the same way.

Who:  All are welcome, free to attend

What:  The best real estate networking in Massachusetts

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