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!!!