06/05/2026
Congratulations to my client on his first investment property! Time to look for the next one.
Story Time with with one!
The house was foreclosed and a banked owned it. We managed to get in before it hit the open market and put in an offer. After some negotiation we managed to come to terms and get an accepted offer!
We did a sewer scope to see how the sewer line was and to our horror... it was collapsed... We are glad we found it before closing and not after. Had several sewer line companies come out to look and a couple declined the work.
We finally got an actual quote for $32k and sent it to the bank and prayed lol. To our shock they agreed to drop the price by $32k bringing the total purchase price under $100k for this beautiful house in an amazing area!
Everyone was happy at the end. Buyer was excited to get his first rental and the bank was happy to get rid of it.
If you are looking to start investing, just buy your first home, or even learn what you can sell you house for. I would love to just have a conversation and bring you value in any way I can.
Devin Prendergast
563-920-6179
Keller Williams GDSM
Licensed to sell Real Estate in Iowa.