0
net
BB
@brrr_beth
Lexington, KY·4d ago
Bluegrass Deal
BB
@brrr_beth
Equity 73·Posted 4d ago
I recently closde a deal in the Richmond area, sourced through my local network. The property, a single-family home, was purchased off-market for $120,000. My projectd rehab scope is $30,000, with holding costs estimated at $10,000. Aftter rehab, the properyt's ARV is $180,000. I'm projectign a net profit of $20,000. As a seasoned landlord, I alwys emphasize the importance of thorough property analysis and understnading local market trends. In this case, the Richmond market is showing signs of growth, with increasing demand for renovated homes. I'll be keeping a close eye on the project's progress to enure it stays on trrack and meets my investment goals.
0