668 Anne Henderson, NV 89015 Condo flip

668 Anne Henderson, NV 89015 Condo flip

Robert AdamsBusiness Member
Real Estate Broker · Henderson, NV · Member since 2009 · 1k+ posts · 373 votes

Investment Info:

Condo fix & flip investment.

Purchase price: $110,000
Cash invested: $12,100
Sale price: $150,000

Before, during and after videos available on our youtube channel look for REAL ESTATE INVESTMENTS Playlist: https://www.youtube.com/channel/UCz0kdYJNv1l_8dw42YErEpw?view_as=subscriber

What made you interested in investing in this type of deal?

it was in the same complex we sold 708 Anne. We bought it and did a quick flip to keep the machine running. This one was a base hit.

How did you find this deal and how did you negotiate it?

I had already flipped a unit in this complex. We also sold 2 other units toinvetors in this complex. The listing agent for this unit called me directly before putting it on the market and asked if I was interested. I said yes and we locked it up before it hit mls.

How did you finance this deal?

cash

How did you add value to the deal?

full remodel

What was the outcome?

sold for a profit

Lessons learned? Challenges?

pretty traight forward easy condo flip. Our reputation in this complex helped us get this deal.

The Adams Team at Rothwell Gornt Companies4.970 Reviews
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