Real Estate Secrets

Mike did it again! He bought a 3 bedroom, 2 bath in the Phoenix Area for just $63,000 and will be closing a sale shortly for $139,000, an incredible $76,000 profit. It's an interesting story where the former owner purchased the home for nearly $300k, it had all the extras you could imagine. It was an investment property but then the market went south and the seller was always behind the market. Finally the bank foreclosed and Mike got it for a ridiculously low price. Some people might think Mike was just lucky, but in real estate as in life, the harder that you work, the luckier you get!