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rehab DEAL

JoAnna Anderson

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
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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