Manjit Rukhra Wholesale Deal


Manjit Rukhra Wholesale Deal

Winnipeg, MB
Manjit Rukhra with Sohan Jammu

Wholesale Details

Property City: Winnipeg
Purchase Price: $125,000
Holding Costs: $5,000
Sale Price: $155,000

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Case Study

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

We found this deal from a wholesaler in the city. We wrote an offer, toke title and then sold it to a realtors client.

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

We cleaned up the year to add some curb appeal.

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

We marketed this deal to realtors and one of them brought us a buyer.

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

Major lesson i learned is always see if you can make a quick profit without doing renovations. This wholesaler could have sold this property for the same amount we did but because of our network it was sold twice without anyone doing renovations. It is all about your network.