Henderson, NV condo flip

[Robert Adams]

Investment Info:

Condo fix & flip investment in Henderson.

Purchase price: $165,000
Cash invested: $24,500
Sale price: $233,000

This property is done with the remodel and new HVAC and we are in escrow. Should be closing in about a week.

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?

Below market purchase with an ARV that was favorable to surrounding inventory.

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

It was a no show due to an uncooperative tenant. Negotiated long escrow with contingencies not to start until tenant was out. Property appreciated while in escrow.

How did you finance this deal?

IRA cash

How did you add value to the deal?

Complete remodel and new Hvac

What was the outcome?

Sold for profit