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rehab DEAL

Vicki Herrington

Perfect Timing Home Solutions, in Hallsville, TX
Vicki Herrington with Rick Herrington

We found this deal through a call from one of our bandit signs. The seller wanted out quickly so we used an HML who could close in less than 3 weeks. Inside we scraped the ceilings and removed all lighting and plumbing fixtures, appliances and a few walls. We had custom cabinets built for the kitchen and both baths adjusting the layout in the process. New vinyl plank flooring was laid throughout the home with the exception of the bathrooms, that had newer tile floors where we only needed to clean the grout. On the outside, we put in a new sidewalk, repaired the driveway, added landscaping, had a privacy fence installed and dressed up the front with new shutters and front door. It was a total transformation.

Rehab Details

Property City:
Lonvgview
Property State:
TX
Purchase Price:
$90,000
Repair Costs:
$48,353
Sale Price:
$184,900
* These examples depicting income or earnings are NOT to be interpreted as common, typical, expected, or normal for an average student. Although we have numerous documented successful deals from our coaching students, we cannot track all of our students’ results, and therefore cannot provide a typical result. You should assume that the average person makes little to no money or could lose money as there is work and risk associated with investing in real estate. The students depicted have participated in advanced FortuneBuilders’ training and coaching. The participants shown are not paid for their stories; however, some of the students depicted may also be a FortuneBuilders' coach, and our coaches are compensated for their services. We believe in full transparency, so please read our Earnings and Income Disclaimers and Terms of Use

Case Study

How did the FortuneBuilders team and resources help you to accomplish this deal?

This was one of our first projects so we sent it through deal review and held our breath! They assured us the numbers were great and we jumped on the deal! By utilizing the repair estimator we were sure we hadn't missed anything major on the rehab. The systems work!

Before & After Photos