We just got a contract on our third rehab! - Posted by Jen- LA
Posted by Jen- LA on November 10, 2000 at 15:24:01:
Wow. I just wanted to share with everyone! We bought it for 18k and just got it under contract for 68,500(our asking price)- we will profit right at 20,000. Everytime we make money on real estate, we ( my husband and I) feel a little like we’ve won the lottery- you kindof forget any work you did to get it! Anyway, just wanted to share- I know most of you do this on a daily basis, but we are still in our 20’s with little kiddies and newborns around, so we are just proud of ourselves for keeping it up at all!!!
What also makes this so great is that the pain in the you know what neighbor who comes over and acts like he knows everything about real estate (even though he runs a plant nursery- go figure) and tells us how slow the market is and how it probably wasn’t so smart for us to try and do anything with this house and how bad the neighborhood is (that he lives in no doubt) will see that big a#@ SOLD sign out front!!! Just shows you how far a narrow outlook will take you in life…
Thanks for listening and good luck to all! (can you tell i’m excited??? we get to pay off credit cards now! woohoo!)