The Real Estate IQ Deal of the Day features good looking high-potential deals. Every day, from Monday to Saturday, we have a deal expert who uses our system to find deals with high opportunities. We analyze it and talk about. We want to share with you what a good deal should look like, and the factors that you should consider when you are analyzing real estate investment deals.
This is a good educational piece that you should not miss, especially if you are just starting out in real estate investment. Watch it now, and enjoy learning!
Today’s Houston deal of the day is 1111 West 2nd Street in Freeport, Texas. Freeport is a community right down on the Gulf, just southwest of Galveston. This property is listed at 60,000. The computer estimated price comes up around 111,000. So that means you have $51,000 to do your Rehab, pay your closing and holding costs and get your profit. So that’s a 46.22% discount.
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