“Our company, MacBean Ireland Properties, LLL, was formed on 1/17/17 in Louisiana, and we hit the ground running. Our first deal was one in which we backed out of the contract. After several unaccepted offers we made an offer on a “HUD” home on Chriswood Lane, Harvey, LA. Our offer of $62,150 was accepted on 2/2/17, and we closed on the property 2/13/17. Our coach, Paul McGraw, had filled us in on buying “HUD” homes.
When we first went to look at the house, through the windows, we met our contractor, who was working on the house next door. He showed us his work, and we were impressed. We have completed the flip and listed the house for $154,900. We received a full-price offer and made a profit of $30,000.”