Doubling My $125K Investment to $250K in 1 Month
I thought that flipping one of my out-of-state properties for over $100,000 in profits in under 4 months was out of this world! While I wasn’t wrong about its success, I also never expected to beat that accomplishment in such a short period of time. The punch line? I doubled my $125K investment to $250K in just 1 month! In today’s post, I talk about my original plan for the investment, the numbers behind it, and why it was so profitable.
How I Flipped an Out-of-State Home for Over $100K Profit In Less Than 4 Months
Earning a lot of money doesn’t mean you have to have a high-paying 9-to-5 job; it can come from a side hustle like my out-of-state flipping business! In fact, because my flipping business can be so lucrative and take just a few hours a week, I often wonder why I should even keep my 9-to-5. Well, I’ll save the answer to that thought for another day. Today, I will share my experience buying an off-market property and how I ultimately sold it for a massive profit!
My 1st North Dallas Flip Sold For $130,000 Over Appraised Value
In my previous post, I talked about my house-flipping strategy and my takeaways from my 1st out-of-state flip. However, when I wrote that article, I hadn’t officially sold the home yet. But today, I’m happy to announce that I’ve officially sold the home! While it was a happy ending, when I first listed the home for sale, the listing really got off on the wrong foot. Today, I will share the full story with you.
8 Steps To Buying A Home Anywhere
The home-buying process can be overwhelming, especially for 1st-timers. Even experienced real estate investors have their work cut out for them since every real estate transaction can pose unique challenges. However, the majority of the process (and paperwork, ugh!) is largely the same every time. In this post, I will go over the broad strokes of the home-buying process to help you understand what it takes to become a homeowner. Let’s dive right in!