Purchased: June 2020
Sold: April 2021
Location: Rockwall, TX
Property Type: Land
Strategy: Flip
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Knowing the market power! My partner understood the property value and demand in her market. She convinced me to pool our funds together to snatch this piece of land. This was probably the easiest investment I have ever done since there was minimum work required for the property itself at purchase, during holding and at sale!
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Purchase: $120K
Improvement/Holding/Taxes/Fees/Commission: $14K
Sale Price: $225K
Profit: $90K
