ilmscore | Flipping a house in just 3 days (Warning)

Flipping a house in just 3 days (Warning)

Published: 2019-11-23
Status: Available | Analyzed

Predictions from this Video

Total: 8
Correct: 0
Incorrect: 0
Pending: 8
Unrated: 0
Prediction
Topic
Status
A distressed property was listed on Facebook and received multiple full-price offers within 2-3 days at an asking price of $35,000.
"he threw it on his Facebook page and it was up for a grand sum of two what two or three days he had multiple full price offers asking 35,000"
Real Estate Flipping Opportunity
Pending
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.
"my buddy Sean he bought this let's say he goes a week ago today's Friday I want to say he bought it Monday ... they settled on 25 thousand Sean has a phenomenal Facebook presence like I do and he threw it on his Facebook page and it was up for a grand sum of two what two or three days he had multiple full price offers asking 35,000 he has not touched this property and they are closing Monday"
Real Estate Flipping
Pending
A flipped house, valued at $125,000 fixed up, was sold for $35,000 to a cash buyer. The new buyer is expected to invest $50,000 and make a $40,000 profit (difference between $125,000 and $85,000 total cost).
"This is $125,000 house fixed up he sold it for $35,000 to a cash buyer they're going to buy it they're gonna fix it up maybe put 50 in it and they'll make what the difference between 125 and 85 that's 40k"
Real Estate Deal Profit
Pending
A renovated house is projected to be worth $125,000. The initial purchase price was $35,000, with an estimated $50,000 in repair costs, leading to a projected profit of $40,000 for the new buyer. Sean, the original flipper, made $10,000 profit with minimal work.
"This is $125,000 house fixed up he sold it for $35,000 to a cash buyer they're going to buy it they're gonna fix it up maybe put 50 in it and they'll make what the difference between 125 and 85 that's 40k Shaun's made a bunch of money off this without doing anything"
Real Estate Investment Profit
Pending
Sean is projected to make a significant profit from a real estate deal with minimal effort.
"Shaun's made a bunch of money off this without doing anything"
Real Estate Flipping Profit for Sean
Pending
The speaker highlights that Sean made $10,000 profit from this real estate deal by investing only two hours of work over three days, emphasizing the potential for high returns with minimal effort through networking and social media presence.
"he made ten grand off two hours worth of work in three days doing nothing not even cleaning up the bodies in the yard"
Real Estate Investment Strategy
Pending
The described real estate deal is characterized as a wholesale deal where the seller did not have to perform cleanup tasks.
"it's kind of like a wholesale deal and he didn't even have to clean up the things that are in the yard that I see in the background opposite on my camera right now"
Wholesaling Real Estate
Pending
Sean is estimated to have made $10,000 from a real estate deal involving approximately two hours of work over three days, without performing any cleanup.
"he made ten grand off two hours worth of work in three days doing nothing not even cleaning up the bodies in the yard"
Real Estate Flipping Effort and Profit
Pending