Real Estate Flipping

The speaker hoped to sell a 3 bed, 1.5 bath property for $45,000, but now believes $40,000 is more realistic, despite previously renting it for $800.

The speaker plans to sell a property due to ongoing crime issues, anticipating a profit of $50,000 and elimination of the associated headache.

A previous real estate flipping attempt resulted in an unrecoverable loss of $25,000.

A real estate investor named Sean purchased a distressed property for $25,000 and received multiple full-price offers of $35,000 within 2-3 days of listing it on Facebook, with closing scheduled for Monday. This demonstrates the speed and potential for profit in distressed property flipping.