Home > Boards > Free Zone > Support Forums > Real Estate Investing (REALESTATE)

Day 133: FINALLY SOLD!!!

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Brytex  Member Profile
 
Followed By 11
Posts 1,817
Boards Moderated 0
Alias Born 09/29/04
160x600 placeholder
Brytex   Tuesday, 06/12/07 05:35:16 PM
Re: None
Post # of 203 
Day 133: FINALLY SOLD!!!

Finally sold my 4/2 investment property. Started off listing it at $685K. Ended up taking $640K. I made it into one of the best deals in the area and it still took a long time to sell.

One lesson learned: don't be greedy! There was a buyer (pre approved!) that came in just a month after listing. They offered $650K and a close within 2 weeks. I was stubborn and told my agent to try to get them up to $655K. Foolish move as they went with another house instead. Three months later I end up taking $10k less. I'll be smarter next time.

Next up: Advertising blitz, and hitting the courthouse to find all the NODs. I would like to get two more properties before the end of the summer. I now have a great hard money lender lined up to fund all my projects.

We'll see what happens.

bry





Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist