Imagine making $1,500,000 on one regular real estate deal. We’re not talking about a huge apartment complex or commercial real estate investment. $1,500,000 on a single-family home purchase. How is that even possible? Dina Onur is more than a million dollars richer after spotting one rare real estate investing “upside” at the closing table. And the best part? She’s just a regular, everyday investor.
Dina runs her own home healthcare business and is a mom of three, but she decided, “I’m not busy enough; let’s start buying (and renovating) rentals!” So, that’s exactly what she did. Her clients routinely had houses to sell, so instead of passing them along to real estate agents she knew, Dina made the jump, buying a triplex to test her hand at rental property investing. She did a BIG renovation but created some serious sweat equity as a result. The next rental? Double the size—a six-unit investment property.
But, none of these compare to the one deal that is making her over a million dollars. This was such a rare find that Dina was offered hundreds of thousands of dollars over the asking price to sell it to other investors. She refused, and if you can find a property like hers, you too could make a seven-figure profit on your next real estate deal.
In This Episode We Cover:
How Dina made $1,500,000 on a real estate deal everyone else overlooked
Pulling yourself up from bankruptcy to rebuild your financial life
The one reason you ALWAYS check the zoning of a property before you buy
Why Dina refuses to invest in single-family homes and sees them as too risky
Using a HELOC (home equity line of credit) to fund your home renovations
Financing new construction and a sneaky way to get around the massive down payment
And So Much More!
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10 Hidden Ways to Buy Properties with Huge “Upside”
Connect with Dina
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(00:00) Intro
(00:55) Young Business Owner to Bankruptcy
(02:17) Accidentally Finding Real Estate
(06:41) Finding Her First Deal
(09:29) Huge Renovations, But BIG Rewards
(17:12) Tearing Down Her House for This?
(20:12) Making $1.5M on One DEAL!?
(26:19) What's Next?
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Regular Investor Makes $1.5M by Recognizing This Rare “Upside” on Her Rental | BiggerPockets Real Estate Podcast - Listen or read transcript on Metacast
