• $41,000 Profit with $0 on Repairs - Pranav's Deal

  • Jul 29 2024
  • Duración: 19 m
  • Podcast

$41,000 Profit with $0 on Repairs - Pranav's Deal

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  • Resumen

  • Today’s dealmaker is Pranav, a data scientist with a PhD in applied physics and material science, working in corporate America. He is a really smart guy who is leaving the corporate world to go into the real estate world, and he'll explain why.

    The deal he is going to share with us is a little bit different, because it shows the value of not building the equity, but buying the equity. In other words, it's a no-have, where he did no work to this property and still has a good profit on it. So let’s hear it from Pranav!

    What is Covered:

    (01:31) - Why Pranav got into real estate and how he found the time for it

    (04:40) - Pranav’s deal of the day

    (06:06) - Stacked motivation - 2 of 5 big motivators for sellers

    (08:13) - Why he decided not to do repairs on the house

    (10:47) - Days on market and how Pranav sold the house

    (14:02) - Financial breakdown of the deal

    (15:51) - The importance of being professional with the sellers and following the process

    Resources:

    - Learn more about our Apprenticeship Program

    - Join our FREE Facebook Group

    - Check out our other podcast, Investor Creator Podcast
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