Profit Time: Heights Drive Is Sold!

I'm so excited to show you this property – for the last time! We're closing on this house for $124,900 – the loan package is at the title company and once we get the inspection certificate, we'll transfer this house to the new owner, sometime within about 48 hours! Come with me as we go through this house for the last time and see the rehab work that was done. We paid $45,000, put $27,000 in rehab costs into it, and all total, are in it for $72,000. We will net, after all costs, approximately $42,000 in profit. Aside from repairing the hole in the kitchen ceiling (if you'll remember from previous videos), we did lots of cosmetic work and repairs to make this property move-in ready for the new owners.

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