Sam Craven Wholesale Deal

 

Sam Craven Wholesale Deal

Senna House Buyers in Houston, TX

This deal came to us through our probate post cards. The sister that was handling the estate lived in washington state and she gave us a call when she was finally ready to sell. Her fathers girlfriends son was living in there and had just got out of prison. He was nice but was not taking care of the house. We went back and forth on the negotiations for a while and we settled on $65k purchase price, plus 5 guns plus the car in the driveway. Just before she signed our offer, she received an offer for $15k over our offer but took ours because we focused on solving her problem instead of just focusing on the house.

Wholesale Details

Property City: Houston
Property State: TX
Purchase Price: $65,000
Sale Price: $107,000

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Case Study

How did you find and structure the financing of this deal?

This was a wholesale. End buyer used cash.


Provide a summary of the repairs and improvements you made to the property.

NA


How did you find a buyer for the property if you sold it?

This was a buyer that came to us from our email blast.


What are some of the major lessons learned that you would like to share with other students that they can learn from?

FOCUS ON THE CUSTOMER. This absentee owner was tired of dealing with managing this from a distance so we did everything we could to make sure she didnt have to worry about anything. We were also able to get the car running and donate it to a local family in need!




Before & After Photos