“And they're like, oh God, I pay $100 a month for this. Right. Okay. Well, would you put a little money down? Yes. Okay. We're done.”
Entrepreneurs on Fire · Start A Lucrative Business with No Ideas, Money, or Experience with Dane Maxwell
Play from 4:52
4:52
Audio streams from the publisher’s own feed. Verbatim does not host or copy it.
What was described
asked a real estate broker how much they would pay per month, got $100/month price, then asked for a small down-payment to pre-sell the solution
$100 per month
Said nearby on the same subject
“I would live there for three to four months, renovate, move to the next unit…once it was completely turned over, the property brought in about $2,100 a month…listed for $100,000 and got a full-price offer.”
LT
Lucas Teague
BiggerPockets Real Estate Podcast ·
Why it workedPurchase $45,000, $5,500 rehab cost, rent $700 per unit after rehab, t…Share this moment
“They will hold this construction price for two months… as long as you can get your sales in two months, then we're good at that price”