Pay Asking Price and STILL Make a Profit

Pay full asking price and still make money

• Find an older, but still great neighborhood in your city where investors are working.

• Locate a home for sale that has not been updated in 10-15 years. 

• Determine the ARV with updates and perhaps additional square footage.

  • Remove walls

  • Pop the top

  • Additional square footage

  • Enclose carport or garage

  • Add Accessory Dwelling Unit (ADU)

You may learn that you can pay full asking price for the home, make the needed changes, and sell for a profit. 

The local market needs to be hot, meaning less than a three month supply of homes for sale. 

The prices should already be in the “nicer” part of town (high dollar). The actual dollar amount will vary from one place to the next, but think about where the wealthy people of the last generation built nicer upscale homes.