Bought for $163 000, Sold For $290 000 with over $61 000 PROFIT!
Mike and Tracy renovated this property for wealth and their profits speak for themselves!
They bought the this Victorian property for $163 000.
With a clear plan, they spent $6 510 on acquisition costs, $36 740 on renovation costs, $10 649 in interest, $11 250 on agents and advertising, and $500 on insurances. These costs totalled their investment to $228 649.
Mike and Tracy sold this property for $290 000, with a complete profit of $61 350! In just TWELVE WEEKS!