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rehab DEAL

Lawrence Dubiel

KLD Homes LLC in Washington, NJ
Lawrence Dubiel with Kim Dubiel

We purchased a 1920s row house, a 3/1, for $50,000. We sold the property to our son a for $160,000, just prior to becoming part of the FB community. We cashed out the cost of purchase and renovation in the transaction. We added a second bath, renovated the original bath, renovated the kitchen, removed the chimney, replaced all of the mechanicals, added a laundry, and insulated the house. After attending our first 3 day FB event, and reflecting on our past experiences, we realized we could improve and develop a business with their proven systems.

Rehab Details

Property City:
Phillipsburg
Property State:
NJ
Purchase Price:
$50,000
Repair Costs:
$74,000
Sale Price:
$160,000
* 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?

FB did not help us accomplish this, however, the subsequent learning allowed us to find, fund, and complete a much larger project in 1/3 of the time. Thank you FortuneBuilders!

Before & After Photos