Peter and Tony’s Morphett Vale Deal
Our Top 3 Learnings:
- 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.
Purchase price $250k
Expenses/ Reno $40k
Purchase costs $10k
Strategy – Flip Anticipated resale Price $340-$350k
Resale costs $8K