This was a unique property that needed a unique marketing approach. It was a wedding venue on the edge of Weatherford, sitting on a massive 12-acre lot. With this in mind, we needed to find the right business that was interested in properties of this caliber, and through social media marketing, we were able to find a buy for full asking price selling at the peak of the market raised for 15k over the asking price, which resulted in my clients walking into their new home with $30k in instant equity.
This property was an absolute gem located in the heart of Old East Dallas, with a rooftop view that would cost millions in other places. While the rest of the property was in great condition, we knew we had to focus on the roof-top view as the main selling point. Because of this, we moved the property, which had been purchased a year earlier, with no net losses to the seller.
Through one of our partners, this property came into view as a very good flip opportunity. This was located on a developing street and we identified comparables at $295k. Ultimately, we were equity partners on this one and were able to sell it for $280k with an annualized return on investment of more than 70% without external financing.
Getting the most money in the quickest amount of time is something we specialize in. If you are interested in working with the top real estate agents in Plano, TX, but have questions about our process, give us a ring!
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