Scott Kodak
Profit Strategy: Placed foreclosed property under contract and found buyer. Number of Units: 16 unit apartment + 2 commercial properties in front Amount Earned: $11,250 Personal Money Invested: $2500 earnest payment Prior Experience: 3 buy-and-hold single family properties, 2 flips, and some apartment investments with a partner (nothing massive).
Denon Williams & Terry Warren 1
Profit Strategy: Nothing down equity and cash flow deal; $2M in historic tax credits to cover $2M costs within first 2 years followed by monthly cash flow. Option to cash out or convert to condos after year 5. Number of Units: 20 Amount Earned: $847,200 – 5 year return Personal Money Invested: $0 Prior Experience:…
Yvonne Sucich
Profit Strategy: Owner financing with persistence of extensions Number of Units: 2 Amount Earned: $10,000 Personal Money Invested: $0 Prior Experience: First deal
Traci Williams 1
Profit Strategy: Wholesale Number of Units: 1, single family home Amount Earned: $500 Personal Money Invested: $0 Prior Experience: None
Patrick Smith
Profit Strategy: Buy and hold. The owner was motivated because he had too many properties to manage. Number of Units: Mixed use retail space with multifamily and commercial units. Amount Earned: $125,000 free equity. Personal Money Invested: For the down payment and settlement costs, he used a small family loan and some personal capital from…
Michael Mitchem
Profit Strategy: Owner-financed, carrying back $400,000 on the deal. Michael is using forced appreciation. Number of Units: 24 + duplex + single family home Personal Money Invested: $0
