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Listen "Civil Engineer Makes $114k Profit From Property Deal"
Episode Synopsis
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.
00:00:00 – Intro: Meet Gede and His 3-Deal Track Record
00:01:14 – Gede’s First Renovation – $38K Profit in 5 Months
00:04:41 – How He Structured the Deal and Used a Money Partner
00:10:05 – Adding a Bedroom for Equity: Reno Details & Mistakes
00:20:18 – Real Numbers Breakdown + Unexpected Costs
00:32:40 – The Fire-Damaged House He Bought Off Gumtree
00:36:00 – How He Negotiated Seller Finance With No Money Down
00:44:20 – Third Deal: $40K Profit With a 4-Week Cosmetic Reno
► Join our FREE private facebook community here https://www.facebook.com/groups/224722502741587
► Watch FREE Real Estate Accumulator training
https://www.libertyblue.com.au/real-estate-accumulator
► Watch FREE Property Development Training
https://www.libertyblue.com.au/training
► Watch this video on how to buy wholesale properties $1,000's under market
https://www.libertyblue.com.au/armchair-investor/
► SOCIALS
www.instagram.com/adam_pennisi
https://www.facebook.com/LibertyBlueEducation
https://www.facebook.com/adpenproperty
https://www.tiktok.com/@adampennisi
https://soundcloud.com/property-coach
#LibertyBlue ##PropertyDevelopment #PropertyInvestment #PropertyAustralia #RealEstate
🔎 Disclaimer No Legal, Financial & Taxation Advice The Listener acknowledges and agrees that: Any information provided by us is provided as general information and for general information purposes only. We have not taken the Listeners’ personal and financial circumstances into account when providing information. We must not and have not provided legal, financial or taxation advice to the Listener. The information provided must be verified by the Listener prior to the Listener acting or relying on the information by an independent professional advisor including a legal, financial, taxation advisor and the Listener’s accountant. The information may not be suitable or applicable to the Listener’s individual circumstances. We do not hold an Australian Financial Services Licence as defined by section 9 of the Corporations Act 2001 (Cth) and we are not authorised to provide financial services to the Listener, and we have not provided financial services to the Listener.
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.
00:00:00 – Intro: Meet Gede and His 3-Deal Track Record
00:01:14 – Gede’s First Renovation – $38K Profit in 5 Months
00:04:41 – How He Structured the Deal and Used a Money Partner
00:10:05 – Adding a Bedroom for Equity: Reno Details & Mistakes
00:20:18 – Real Numbers Breakdown + Unexpected Costs
00:32:40 – The Fire-Damaged House He Bought Off Gumtree
00:36:00 – How He Negotiated Seller Finance With No Money Down
00:44:20 – Third Deal: $40K Profit With a 4-Week Cosmetic Reno
► Join our FREE private facebook community here https://www.facebook.com/groups/224722502741587
► Watch FREE Real Estate Accumulator training
https://www.libertyblue.com.au/real-estate-accumulator
► Watch FREE Property Development Training
https://www.libertyblue.com.au/training
► Watch this video on how to buy wholesale properties $1,000's under market
https://www.libertyblue.com.au/armchair-investor/
► SOCIALS
www.instagram.com/adam_pennisi
https://www.facebook.com/LibertyBlueEducation
https://www.facebook.com/adpenproperty
https://www.tiktok.com/@adampennisi
https://soundcloud.com/property-coach
#LibertyBlue ##PropertyDevelopment #PropertyInvestment #PropertyAustralia #RealEstate
🔎 Disclaimer No Legal, Financial & Taxation Advice The Listener acknowledges and agrees that: Any information provided by us is provided as general information and for general information purposes only. We have not taken the Listeners’ personal and financial circumstances into account when providing information. We must not and have not provided legal, financial or taxation advice to the Listener. The information provided must be verified by the Listener prior to the Listener acting or relying on the information by an independent professional advisor including a legal, financial, taxation advisor and the Listener’s accountant. The information may not be suitable or applicable to the Listener’s individual circumstances. We do not hold an Australian Financial Services Licence as defined by section 9 of the Corporations Act 2001 (Cth) and we are not authorised to provide financial services to the Listener, and we have not provided financial services to the Listener.
In God we trust