Making money in property doesn’t have to be a long and arduous process.
Take Nhan’s latest deal.
He set some of his students a challenge to make $$$ through property in 30 days.
And, like the good teacher he is, he took on the challenge too.
To get started, he snapped up this little gem, for $320,000.
This was a good price, because the median price in the area was $384k.
How did he get it so cheap?
The secret is being an ‘area expert’.
Nhan knows this area so well, that he’s’ able to automatically spot a bargain property…..and snap it up quick-smart.
Plus, he knows how to get deals – before they go to a real estate agent.
The purchase settlement date was 15th August.
And, Nhan on sold it for $405,000 – with a sales settlement date of September 5th 2016.
That’s just 21 days from settlement to settlement – with a healthy approx. $60,000 profit.
So, what did Nhan do?
He did what all sensible investors do…
He went and bought himself a shining new Mercedes…
Anyway, this was just a small, fun deal for Nhan….he usually wouldn’t bother with a deal of this size.
But he did it to show his students what can be done – when you believe it’s possible, and you know how to do it.