JoAnna Anderson Rehab Deal


JoAnna Anderson Rehab Deal

A Team Holdings Group LLC in Charlotte, NC

I acquired this property from an estate. I previously purchased a different property from this family. After renovating the property, I rented it for 2 years and then sold it to another landlord. This turnkey property was being managed by my property manager and had a good, section 8 tenant paying $1150 in rent. The property manager and tenant stayed with the property after the sale.

Rehab Details

Property City: Richmond
Property State: VA
Purchase Price: $36,000
Repair Costs $6,000
Sale Price: $70,000

* 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?

Attending the Rental Property Intensive taught me the importance of having a good property manager.

Before & After Photos