This place is gonna have MAX cashflow #realestateinvestment #multifamily #realestate #shorts

This is going to make a killing. While I'm renovating in Freda, Washington, Cody Davis is renovating Soap Lake, Washington. This is right down the road. This is the penthouse of his mixed-use building. Uh, downstairs is a bit scary with more black widows than I wanted to deal with, but cool features here. So first of all, this place is massive upstairs. One thing's really cool about this property— this tub here, every tub in here has a tap for municipal water and for lake water. Now why they do this is we're in the city of Soap Lake, Washington. The lake itself is super mineral rich and it is healthy for your skin. So you can choose anywhere in this building if you want to bathe in traditional bath water or you want to bathe in the lake from the comfort of your home. He bought this for just over $100,000. They rejected the closing because they believed it was a gift. He won on price by so much they didn't believe that it was an actual transaction. It was under half of tax assessed value, so we had to sign a an amendment saying that, "No, this was not a gift." That's when you know you probably did a pretty freaking good deal.