$44K Goes to Jim. How much for you?

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Jim Manning is a rehabber from St. Louis, MO and a Premium Member of MyHouseDeals.com. Jim purchased his first MyHouseDeals.com property within the first 10 days from upgrading to a Premium membership.

And not only did he buy it quickly, but this was actually the first deal that Jim inquired about on the website. Talk about not wasting any time!

MyHouseDeals.com Team member Susan interviewed Jim about his deal. And in addition to going over numbers and plans for this property, Jim also had some useful tips and encouraging words for other members of MyHouseDeals.com:

[wpaudio url=”http://media.myhousedeals.com.s3.amazonaws.com/testimonials/website/Jim-Manning.mp3″ text=”Listen to the Jim Manning Interview” dl=”0″]

Here’s a glimpse at Jim’s deal:

Investor:  Jim Manning, St. Louis

Property Details:
Location: 40 Rolling Hills Dr
After Repaired Value: $120,000
Purchase price: $40,000
Cost of Repairs: $36,0000

TOTAL PROFIT: $44,000

A big payday is not the only thing Jim is getting out of this deal. He is also a winner of our “Do-A-Deal Challenge!” As a Premium Elite member of the website, Jim got a full refund on the price he paid for his membership and will enjoy 1-year free access to all our deals! Find out more about our Premium Elite membership here.

We just love hearing from our members with their investing success stories. Have one you’d like to share? Leave a comment below.

Until next time!

Doug Smith

Author: Doug Smith

MyHouseDeals was founded in April of 2005 and has since provided information on thousands of bargain-priced properties with over $7 Billion in equity (and growing!) In addition to property lists, we help investors succeed by providing valuable tools, resources and education. Most of the properties on MyHouseDeals are single-family houses. Many of these properties are wholesale deals, which are for sale by other investors. Others are motivated seller leads, which are for sale by homeowners who are often in a bad situation. These properties are typically discounted by far greater amounts than bank foreclosures.

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Categories Real Estate Investing