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rehab DEAL
Bela Schuch
B&L Quality Homes, Inc.
in Albany, NY
We found this deal on an auction site. It was listed on the MLS as well. Being a licensed Broker, I was able to bid on this property myself several times before we won the bid. This home is located in a very desirable location and we knew this was a sure winner! We added new siding, HVAC, 2 new baths, New kitchen, All new vinyl flooring, and carpet ..etc... Turned it into a 4 BR formerly a 3BR. We listed this on the MLS and sold it in 10 hours at full price!
Rehab Details
Property City:
Albany
Property State:
NY
Purchase Price:
$150,000
Repair Costs:
$40,000
Sale Price:
$230,000
* 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?
FortuneBuilders help us by giving us the training, knowledge and mostly confidence to make these offers quickly by being able to analyze the deal in complete detail from the purchase to the sale!
