After a lengthy discussion about passive strategies with Nate Hall at Fortune Builders, my wife and I were put in touch with JWB Real Estate Capital who provided a detailed overview of the region they invest and answered our salient questions about neighborhoods, tenant percentage retention, industries, rents and appreciation, etc. we decided to invest in Jacksonville, Florida. JWB provided a list of their inventory and property descriptions, pricing, etc and per our consult with Nate Hall, we decided to buy 1 newly rehabbed house outright and mortgage 2 newly built houses using the accelerated pay down strategy using Baypointe Asset Management. We closed on all three houses by end of the 2017 after starting the conversation about passive income beginning of October.
How did the FortuneBuilders team and resources help you to accomplish this deal?
Once we decided to utilizing the passive income strategy, I was put in touch with Nate Hall who quarterbacked the entire process and walked us through strategies and regions based on our desired outcomes and long-term goals. Nate was invaluable and made this process so smooth and easy and followed up with us, JWB and Baypointe ever step of the way. I will and have continued to contact Nate regarding other opportunities because he is the best!