In this video, I speak with my student Gede, a civil engineer living in Darwin, who has now successfully completed three property deals, flipping homes for profit and even pulling off a couple of no-money-down projects. We dive into the numbers, the lessons, and how someone with zero renovation experience can still walk away with six figures in profit by following the process.
Watch full conversation with Gede as he shares three renovation deals in Darwin – HERE
Deal #1 Purchase price: $425,000
Bought below market value: Yes by $25,000 💰💰💰
Renovation profit: $28,060 💰💰
Deal #2 Purchase price: $150,000 via seller finance with no money down
Renovation/clean up profit: $44,804 💰💰
Deal #3 Purchase price: $375,000
Bought below market value: Yes by $55,000 💰💰💰
Renovation profit: $42,428 💰💰