This is exactly how I made $150,000 in 4 months…just by buying this duplex. This is how I pick an area, how I find a property, what renovations I decide to do, and everything in between. I hope you enjoy! Feel free to add me on Snapchat/Instagram: GPStephan
Quick numbers:
Bought at $585,000
Spent $65,000 on renovations
Total cost: $650,000
Total market value: $800,000
Total profit of equity: $150,000
I primarily focus on finding areas which I see as “up-and-coming.” They’re typically located next to other areas which have recently seen a large price increase. From my perspective, people get out priced in an adjacent neighborhood and slowly migrate further out. So I like these areas that are just on the outskirts of another location which saw a huge growth of demand, thereby driving up prices. As businesses and people continue to move outwards, prices tend to increase.
I also check daily for new properties that come on the market. I like to focus on homes that need as much remodeling as possible - preferably cosmetic remodeling, such as floors, paint, kitchen, bathroom, and landscape. These are simple and non time-consuming which give you a quicker turn-around time to finish the project.
It’s important to move quickly when you find a good deal. Other people are out there trying to find the same thing, so when you find something, act on it. Get it locked in contract asap. Otherwise you might be left in a multiple counter offer, competing at top dollar to buy the property.
When bought and done correctly, you will be left with extra equity which you can then refinance, pull out your money, and then repeat the process.
Thank you so much for watching!
For business or one-on-one consulting inquiries, you can reach me at GrahamStephanBusiness @gmail.com
Suggested reading:
The Millionaire Real Estate Agent: http://goo.gl/TPTSVC
Your money or your life: https://goo.gl/fmlaJR
The Millionaire Real Estate Investor: https://goo.gl/sV9xtl
How to Win Friends and Influence People: https://goo.gl/1f3Meq
Think and grow rich: https://goo.gl/SSKlyu
Awaken the giant within: https://goo.gl/niIAEI
The Book on Rental Property Investing: https://goo.gl/qtJqFq
My most used Credit Cards:
Chase Sapphire Reserve - https://goo.gl/sT68EC
American Express Platinum - https://goo.gl/C9n4e3

By Stock Chat

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33 thoughts on “How i made $150,000 in 4 months just by buying and remodeling this property step by step”
  1. Avataaar/Circle Created with python_avatars Shirley Eichenberger-Archer says:

    Did not talk about the remodeling steps

  2. Avataaar/Circle Created with python_avatars S R says:

    I watched it through to the end! 😁 great video 👍👌

  3. Avataaar/Circle Created with python_avatars Richard Chavez says:

    I miss this gram

  4. Avataaar/Circle Created with python_avatars Taruna Joshi says:

    I am interested in this ! Can you be my mentor to help me learn about this ?

  5. Avataaar/Circle Created with python_avatars Sarita’s Show says:

    what's the difference between a real estate agent and a real estate investor ??

  6. Avataaar/Circle Created with python_avatars Awakening Blacksheep says:

    Equity loan is not earned cash , you immediately have to begin making payments on it , so it’s not profit unless you flip the home , this guy is getting excited about borrowing
    More and more money that needs to be paid back 🤔

  7. Avataaar/Circle Created with python_avatars george Skar says:

    how is this job called???

  8. Avataaar/Circle Created with python_avatars Jordan Natalie says:

    Success is not final; failure is not fatal: it is the courage to continue that counts. Business opportunities are like buses, there’s always another one coming.

  9. Avataaar/Circle Created with python_avatars CJ says:

    I made it to the end of the video. Will I get a comment???

  10. Avataaar/Circle Created with python_avatars Catira App says:

    Question: do you need a real state license to remodel and sell?

  11. Avataaar/Circle Created with python_avatars Sandor Varga. says:

    VRAU.bani MEJ CHES 990.Milliarde DE EURO VRAU CHES DATA 1.marti 2021..plus.3.vize.3.bilete.AVIJON.FA.PACET.TRIMITE.ROMANIA.TRANSPORT.ITERNATIONAL.NAME.VARGA.SANDOR.ADRES.GLORIA.NR.92.LOC.GIROC.JUD.TIMISOARA.ROMANIA.

  12. Avataaar/Circle Created with python_avatars Danny Dabbles says:

    “SunCor Financial MPI review” ""

  13. Avataaar/Circle Created with python_avatars Son Yan says:

    Thanks Graham, you doing amazing,,, keep going.

  14. Avataaar/Circle Created with python_avatars Willy Deleon says:

    I’m trying to get into real stating and a lot of people say it’s difficult, is basically all you’re doing is buying a house that has no value then fixing it and finding a buyer?

  15. Avataaar/Circle Created with python_avatars LaDonna Evans says:

    Is there no quick trick 2 rise in the real estate industry? Is just basically put the work in? 💪🏾

  16. Avataaar/Circle Created with python_avatars Faseel says:

    Very thorough explanation. Loved it
    Also watched your video on your journey in real estate from high school years. Super impressive

  17. Avataaar/Circle Created with python_avatars Juan Claude Simeon says:

    What would it take to have you as a mentor or someone I can go to for advice on specific real estate questions?

  18. Avataaar/Circle Created with python_avatars Lashawn Williams says:

    I watched the whole thing. Was awesome. Are you still in the LA area? I know you just moved to Vegas….

  19. Avataaar/Circle Created with python_avatars Patrick Um says:

    Bro thanks for video. Even being a 3 year old video. still applies today! Totally subscribing and watching your content. Hopefully I can get moving on something.

  20. Avataaar/Circle Created with python_avatars Matthew Szasz says:

    Been watching your content for a solid 6 months. The algorithm suggested I watch this one from 3 years ago. Glad I checked it out, it still gave value eventhough it's the older content.

  21. Avataaar/Circle Created with python_avatars Alessandro Dejesu says:

    this video is alot of fluff, its hype material

  22. Avataaar/Circle Created with python_avatars Jeffrey Wu Li says:

    Is it me or is his voice deeper compared to his new videos?

  23. Avataaar/Circle Created with python_avatars Miles Cuñha says:

    Spot me $20,000 watch me invest it 😎

  24. Avataaar/Circle Created with python_avatars GME4Life says:

    How can I get money to renovate if I don't have any money (let's say $1k max) but just bought my duplex and am living on one side and renting out the other?

    I assume I'll want to get a loan, but I don't know what type of loan and who I'd get it from. Thank you for any advice!

  25. Avataaar/Circle Created with python_avatars Naila Gulistan says:

    what do you need to study to become a real estate agent for commissions?

  26. Avataaar/Circle Created with python_avatars Leon pedro says:

    The rich get Richer because the poor thinks every opportunity is a scam. i took bitcoin investment as my part time job, investing with a legit platform and i 'm earning smoothly without any stress. i got paid of $30k after a week of investing, i really appreciate it and can't help but let others know about it because it is so suitable anyone can trade from anywhere and anytime Mr Nicholas is recommended on Instagram @nicholas__fxtrade.or What's App:+1(518) 633-5966. for more information. He is genius.

  27. Avataaar/Circle Created with python_avatars Rafal builder, UK ok !!! says:

    Hi everyone

  28. Avataaar/Circle Created with python_avatars Dorcas Bill says:

    I'm so happy that i can finally embrace financial freedom. And only Charles made it possible, I actually earned my salary within a couple of days. I never believed i could gain so much in Binary Options. Mr @Charles_forex09 on Instagram 💓is the right one to help you get financial freedom goto him for assistance.

  29. Avataaar/Circle Created with python_avatars Palkan Parikh says:

    Hello. I live in India. I’ve studied in America and currently in London. I want to buy underpriced houses, refurbish them and sell/rent them in BOMBAY/MUMBAI…. India….. what do you think? Is there a market for something like this over here? Houses are so expensive. Even the one bedroom ones….. I’d find a good deal and can convert it into a signature style that I want (I have many thoughts and ideas)…. don’t know if people in India are the same as people in America….. please tell me

  30. Avataaar/Circle Created with python_avatars Yussuf Phiri says:

    Hie Graham ,can you make video about location …which location you should invest in & which one you should not

  31. Avataaar/Circle Created with python_avatars Simply Vish says:

    I am trying to get into real estate and purchase my first home! Your videos have been so helpful! Its definitely an overwhelming process but your guidance has been so helpful!

  32. Avataaar/Circle Created with python_avatars Babo Mamalon says:

    Its in his networth thats all that matters!

  33. Avataaar/Circle Created with python_avatars John Kaaye says:

    hi there im presently living at Nova Scotia Canada and ive been thinking of buying a house as a startup bisiness (but on mortgage) then do some work on it and resell it afterwards your video kinda gives me the idea on how to start. ill be watching the rest of your videos. any tips? thanks.

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