Strategic Real Estate Investing Radio: HUD Flipping Case Study: Sandstone Ridge Initial Walk Through and Punch List


Over the next couple days I'll be teaching you all about how to Buy and Flip Government Foreclosures. And I'll be using another real world case study at 242 Sandstone Ridge Way as my next Case Study. Check out this podcast of my initial walk-thru of 242 Sandstone Ridge Way. My offer was accepted at $131,000 on Wednesday 10.30.13. I'm going to sell it for $220,000 • Buying It For $131,000 As A Government / HUD Foreclosure. • This House Was Listed On The MLS, Www.Hudhomestore.Com , Zillow.Com And Realtor.Com • It Was A Free And Clear Vacant House. • Repairs Are $11,000 o New Deck o New Kitchen Appliances o New Landscaping o Couple New Windows o New Furnace And Duct Cleaning o Other Small Misc • I'm Going To Re-Sell It For $220,000 • In This Case Study You'll See My Initial Walk Thru And Punch List. • Leaving Us Approximately $59,500 PROFIT! • Our Goal Is To Make At Least $40,000 On Every Property We Flip. Sandstone Ridge Way will easily hit that goal of $40,000 PROFIT! Enjoy the initial walk thru and watch it all come together! Josh


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