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rental DEAL

John Ireland

High Five Investments, LLC in Cordova, TN
John Ireland with Beth Ireland

We worked with the Passive Income Club and NCH to set up a Solo K and identify an appropriate market for rentals. We choose the Quad City area based on the stability of the area and areas within. rnThe property management company, Easy Street, was chosen for their knowledge of the area and they came recommended by the Passive Income Club. rnThis also allowed us to buy two properties, one for cash, and one at 50%. This will allow us to pay down the loan for the second property at an accelerated pace.rn

Rental Details

Property City:
Moline
Property State:
TN
Purchase Price:
$95,000
* 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?

Worked with Passive Income Specialist Nate Hall to create a customized plan for our Solo K to identify and buy rental properties. We explored several markets with Nate and ultimately choose the Quad City area in Iowa/Illinois. Nate also helped us identify and choose a lender for one of the properties.