$41,000 Profit with $0 on Repairs - Pranav's Deal

Investor Creator’s Deals with Brad Smotherman

Today’s dealmaker is Pranav, a data scientist with a PhD in applied physics and material science, working in corporate America. He is a really smart guy who is leaving the corporate world to go into the real estate world, and he'll explain why.

The deal he is going to share with us is a little bit different, because it shows the value of not building the equity, but buying the equity. In other words, it's a no-have, where he did no work to this property and still has a good profit on it. So let’s hear it from Pranav!

What is Covered:

(01:31) - Why Pranav got into real estate and how he found the time for it

(04:40) - Pranav’s deal of the day

(06:06) - Stacked motivation - 2 of 5 big motivators for sellers

(08:13) - Why he decided not to do repairs on the house

(10:47) - Days on market and how Pranav sold the house

(14:02) - Financial breakdown of the deal

(15:51) - The importance of being professional with the sellers and following the process

Resources:

- Learn more about our Apprenticeship Program

- Join our FREE Facebook Group

- Check out our other podcast, Investor Creator Podcast