As you know, I really jumped into this Full Steam and honestly, you know, the being a part of the SouthSide Investment Club of course was a huge confidence Builder...excited.
I mean I knew how to work on houses, but from the business side of things and how to find the deals, I didn't know what I was getting into or what we were doing at all and I feel like networking with a club of people that are doing these things was was really essential. It gave me the kind of the boost that I think I needed.
...You know, we scraped the money together and we figured out how to buy Bates.
Originally, we're going to rent it, but I started working on it seeing it come together and I'm like, there's a shortage of nice, low $100,000 move in quality houses on the market and my wife being an agent, she kept telling me we should try to sell this thing and she's like, we got a really good shot at making some money on this house because we really bought it right and with me doing all the work which was six months of evenings and weekends.
Yes, leaving a rehab who can going and doing more rehab so, you know, push me to the point of almost burn out, but we're almost at the Finish Line we close on the 13th. And that what you said is right after we did some repairs to the exterior and replaced the cast iron sewers sewer lines.
We're going to make a right around 40 Grand.
Which was essentially the initial investment, it was about 50 or 49 and some change to buy the house. That's not too shabby. Thanks!