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$41,000 Profit with $0 on Repairs - Pranav's Deal
Manage episode 431301262 series 3587967
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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
To discover the secret techniques and strategies that created this deal for Pranav, schedule your breakthrough strategy session at https://shorturl.at/o8VvO
Resources:
- Learn more about our Apprenticeship Program
- Join our FREE Facebook Group
- Check out our other podcast, Investor Creator Podcast
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