Bought a house for $22,000

Hey guys,

Just sold Coonamble for $35,000 without touching a brush haha

I am pretty happy with a $10,000 profit for signing a few pieces of paper :)

I was too busy with other renovations I am currently doing so I didnt want the headache of this one also. There is money in the deal even at a purchase price of $35,000. There were so many offers on the property and so many people pulling out last second. I find it hard to believe how people are scared to make money even tho I was willing to accept a lower price so the new buyer could also make a profit. Once the new buyer completes the renovation the property will definetly be worth around $80,000 minimum. I had all trades organized and ready to go at a cost of around $20,000 and this is without me doing any work.

Regards,
Engelo

Good work mate, be nice if you could do something like this a few times a year!!!
 
Haha, my boss has a car (2 actually) that are worth around $500k, You can get about 25 of these deals with that!

Good friend of mine's step dads daily driver is a Rolls Royce Phantom, seriously crazy can buy a nice house with that. Many IP's!
 
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