Morphett Vale, SA
This RER Graduate purchased a mortgagee in possession which had the agent selling on behalf of the mortgagee.
These costs include the purchase price, stamp duty, holdings, renovations and the relevant adjustments including the selling costs.
|Total Net Profit||$44,500|
Top 3 learning from this real estate flipping house deal was:
- Always follow up with the real estate agents.
- Work out your maximum purchase price and go in lower to start with.
- It’s a great heads up if you are an area expert.