Investor Success - Mount Washington
By Gary Bailey | June 17, 2011 | investor success
Purchase Price: $49,900 (7/16/10) | Sale Price: $95,000 (1/21/11) | Days on Market: 96
Mary is a retired school teacher who wanted to get started buying, fixing up, and selling real estate. Her biggest challenge was that she didn't know where to start and wanted to limit her risks. What Mary needed was education and training on how to manage a rehab and a property that didn't need too much work close to where she lived. We were able to provide Mary with complete coaching and education on proven rehabbing techniques - from budgeting to color and material selection. We were also able to provide her with a property near where she lived that was priced for her success.
The result was that Mary purchased a house in Mt. Washington from our inventory of properties, rehabbed the property, and was able to sell it for $95,000 - right in the middle of the slowest time of the year! UPDATE: Mary is now working on her second property and is getting ready to list it for sale in late June, 2011
Do you want to get started investing in real estate but don't know where to get started? Build is has a proven record of helping investors of all experience levels. Schedule a Needs Analysis with a Build Associate today to help you get started on the right track.