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Mike Gazzola--Another Big Profit On Another Foreclosure #57
Manage episode 155927765 series 1171096
Mike discusses another foreclosure that turned into gold. He bought a 4 unit building for $78,100 in Fort Myers Florida. $45,000 was invested in improvements (subject to adjustments at the closing) and it was just sold for $235,000, a whopping profit of $111,000. Mike was planning to hold on to this one, but the opportunity to cash-in was just too great. He listed it for sale at $250,000. He was in no hurry to sell but almost instantly got an offer at full price. After inspection and adjustments for repairs, he settled for $235,000. Not a bad day's work. And you can be doing the same or better once you take Mike's course.
47 episodes
Manage episode 155927765 series 1171096
Mike discusses another foreclosure that turned into gold. He bought a 4 unit building for $78,100 in Fort Myers Florida. $45,000 was invested in improvements (subject to adjustments at the closing) and it was just sold for $235,000, a whopping profit of $111,000. Mike was planning to hold on to this one, but the opportunity to cash-in was just too great. He listed it for sale at $250,000. He was in no hurry to sell but almost instantly got an offer at full price. After inspection and adjustments for repairs, he settled for $235,000. Not a bad day's work. And you can be doing the same or better once you take Mike's course.
47 episodes
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