Hey Ron and team,
Today we just closed on one of our newest deals, came from a local wholesaler from our REIA, in which they found off a yellow letter, we paid a $2500 assignment fee to them. Everyone made money and we walked away with another shut up check! Monday we will start sprucing it up and leases will be $550 per room x’s 3 rooms. After the mortgage payment this will cash flow $1000 a month not a bad payday! We are still picking up deals in these HOT markets at a discount!!
Sincerely,
Dixie and Brandon
That is awesome! It is so important to network and the local REIA is a great way to do it! Also cool that your exit strategy involves rehabbing! Congratulations!
Hello Dixie & Brandon, thanks for the informative success story and the posting. Good job on the deal you made, and the $1,000 monthly cash flow. Never give up and keep on investing, moving forward and make us all proud of you. Take care.