What Should I Sell This For??? Can I Get a Pro Answer?

94 posts by 21 users

No avatar medium Account Closed
Real Estate Investor from West Orange, NJ
130 Posts
18 Votes
2 Awards
Medium 1448324704 avatar barnardinc Will Barnard
Developer from Santa Clarita, CA
12361 Posts
6010 Votes
23 Awards

Will Barnard Verified Moderator Donor

Developer from Santa Clarita, California

Jan 21 '13, 03:21 PM

Wow, congrats is in order. $125k wholesale profit (less a few fees I'm sure) is about the best I have ever heard of on a locked deal of only $100k. Talk about some serious mark-up profit.

Again, congrats.

Medium be logoWill Barnard, Barnard Enterprises, Inc.
Website: http://www.barnardenterprises.com

Account Closed

Jan 21 '13, 03:32 PM

Thanks a lot Will. Its definitely a blessing. Great way to start the year.

Account Closed

Feb 08 '13, 03:42 PM

Thank God we closed today. Net profit is $118,640. It's funny, we actually put the house directly next door under contract today. We were able to stop a foreclosure situation and get her some of her equity, when i was buying this one i noticed the totally unkept house next door. Pursued it and ended up getting it. It's amazing how God works these things. So this ones done. Thanks again for everyone's input. God bless.

Medium 1448388867 avatar rei milw Jenkins Ramon
Milwaukee County, WI
3391 Posts
390 Votes
7 Awards

Jenkins Ramon Donor

from Milwaukee County, Wisconsin

Feb 08 '13, 03:49 PM

I'm very serious when I say - I'm happy for you -


Jenkins Ramon, JMWPS Ventures, LLC
E-Mail: [email protected]

Medium 1399652242 avatar bayareaduck Brandon Foken
Wholesaler from San Francisco, CA
259 Posts
101 Votes
2 Awards

Account Closed

Feb 08 '13, 04:10 PM

Thanks so much Jenkins I appreciate it. Brandon thanks a lot. This is definitely an outlier but if you expect big you'll get big. You guys already know how I believe I got this deal so I do believe in supernatural things, I believe in amazing grace, but this just proves deals like this exist in today's market. Be encouraged and have faith, all hard work brings a profit.

Medium 1399437142 avatar foreclosedpro Michael Galloway
Real Estate Investor from Brentwood, CA
179 Posts
62 Votes
3 Awards

Michael Galloway

Real Estate Investor from Brentwood, California

Feb 08 '13, 04:14 PM

Deshone Drummond Congratulations!!!!! That is Awesome!!!

That's what i love about this business, any day you could come up BIG!

Again Congrats!

Michael Galloway

Medium 1448388825 avatar stevebabiak Steve Babiak
Real Estate Investor from Audubon, PA
11744 Posts
5883 Votes
12 Awards

Account Closed

Feb 08 '13, 04:27 PM

Michael thank you my friend. That's one of the things I love most also!! The singles are good, the doubles are great, the triples are outstanding but there's no feeling like a home run. I guess the combination of all of these add up to a great career.

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Feb 08 '13, 04:37 PM

Hey Steve, wish I knew what that was.

Medium 1399561087 avatar bigdog169 Keith Lutz
Real Estate Agent from Hackettstown, NJ
201 Posts
52 Votes
3 Awards

Keith Lutz

Real Estate Agent from Hackettstown, New Jersey

Feb 08 '13, 05:20 PM

Deshone Drummond, it's funny you mentioned and acted on that home next door, the re-habber noticed that "slum" next door and thought it detracted from the hood. Glad you acted on that, just taught me a lesson! We have to get together with some of the New Jersey BP'ers at a diner. Congrats!

Updated: 05:50PM, 02/08/2013

BTW, are flipping to the same builder on that one? Can I get my re-habber too look at that one?

Edited Feb 8 2013, 17:50

Account Closed

Feb 08 '13, 07:32 PM
1 vote

Hey Keith, yeah everyone who looked at it couldn't help but notice that house next door. Yes the builder and I are working together on the deal. It's worth more to him for obvious reasons and we agreed from the start not to bid against each other. We're acting as partners with me doing all the talking with the sellers since I had a rapport already built from the first time I introduced myself to them, told them I bought the house next door and asked of they'd be interested in a cash offer. That woman took my card that day and as she says put it right in her bible. The rest is history. They're going to need about 45 days to move out and we're giving them some upfront moving money.

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