Recent Investment Projects
As an agent, you get access to the best deals first. Every real estate agent can also be an investor! Learn how to evaluate deals and stay compliant with real estate laws to create additional income.
Location: Hazlet, NJ - Investment Strategy: Flip
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AFTER PHOTOS:
Ready for all the sweet details? Here’s the Story of this house:
Year Built – 1960 Sq Ft – 1468
Purchase price $240,000
Expenses $108,698
Sell price $510,000
Net profit $161,302
Estate sale purchased with several of the original owners' contents left in it. Nicknamed this home Wanda Wallflower. It was COVERED in Wallpaper. Great location on the Jersey Shore with A+ commuter access to NYC. One of the only homes in a great neighborhood that needed work. Gutted bathrooms, added windows, siding, flooring, bathrooms (including plumbing), sheetrock and paint, updated kitchen w/granite, breakfast bar, lighted tall cabinets, SS appliances. Received multiple offers and sold for $40,000 over asking price.
Total time between acquisition and sale date: 4.5 months.
Location: Tinton Falls, NJ - Investment Strategy: Flip
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AFTER PHOTOS:
Year built- 1968
SF - 2028
Purchase price $377,500
Expenses $154,511
Sell price $675,000
Net profit $142,989
Nicknamed this one Big Bird because not only did it have wallpaper- but it was Sesame Street themed wallpaper and the house was bright yellow! Located in a sought after commuter town, nestled on a private cul-de-sac. 4 bedroom, 2.5 bath home. Bought through a wholesaler renovated from top to bottom. Sleek, brand new kitchen w/shaker cabinets w/crown molding, granite countertops, subway tile backsplash, stainless appliances & built in pantry. Open living space with direct access to freshly painted deck. Gutted and renovated 3 baths w/beautiful tile work & fixtures. Lower level w/ oversized bedroom and half bath & large family room with brick fireplace. New custom railings, all new flooring, paint, recessed lighting, new roof and doors. Main BR w/WIC & full bath. Professionally landscaped property on over 1/2 acre, open, backs to woods, in ground swimming pool. Close to shopping, restaurants and beaches. Great commuter location for NYC.
Acquisition Hold time: 5 Months
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Disclaimer: All real estate involves risk and hard work. No market ever stays the same. All my students are grown-up adults who are action-takers and understand success is a personal battle won by the choices made.