00:00This is how we turn 33k into 59k in less than six months. We bought this property
00:05in Greenfield, Massachusetts with 33k, which we got from investors like you guys and then
00:10used a hard money loan. We actually put none of our own money in. Our contractors fixed
00:13up the house while I was back.
00:15The work took about three months, but it started looking really nice. So we put it on the market.
00:20For $315,000, we knew it would be worth this much because of apps like PropStream.
00:25They show you how much a property could sell for by finding similar homes that sold nearby.
00:29They have data for
00:30every state or across the country. Check my profile for a free trial. We got a check of 122.
00:352000 to us, but we had to pay back our initial capital so we could keep doing this for our investors.
00:40We ended up with 59k back in our pocket, but it gets even better. We're going to use the profits from this.
00:45Flip to do four more right now. This is known as fixing and flipping properties.
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