A property bought for $300,000 and fixed with $300,000 in septic repairs sold for $1.1 million. The speaker calls it a complete win and plans to expand the business in Texas with a colleague named Matt.
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to sell it for $1.1 million to this sucker over here. We bought this for $300,000 with a $600,000 note. The trucker got paid $300,000 to redo the septic, get all of our money in, and we're under contract to sell it for $1.1 million to this sucker over here. No, he's going to make a ton. Now this thing appraised for $1.5. We left a lot of meat on the bone for this, but I'm ready to keep growing the business in Texas. Matt's taking it on. He moved nearby. We found the right buyer for the right project. He's going to make the killing. We made a killing. This is what we call a complete win. This is real estate done right. Your best guess.