AgentOwned Realty

The Avid Rehabber Deal or no Deal two

Posted By: John Boyer In: The Avid Rehabber
Date: Thu, Aug 10th 2017 12:06 pm

The Avid Rehabber Deal or no Deal two

Last week we published a video of a property we were considering and after doing the rehab analysis we placed an offer.  Unfortunately the owner owed four times more than the offer, thus no deal.  If we got the property we would have had three exit strategies and as we have mentioned in previous blogs we won't take on a project unless we have multiple ways to exit it.  This deal would have been a 20% plus profit sale, a long term buy/hold rental or an Airbnb.  Please enjoy the following video of one of our Airbnb's:

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