Ronnie Bell Rehab Deal

 

Ronnie Bell Rehab Deal

Red Acorn Homes LLC in Canton, GA
Ronnie Bell with Gretchen Bell

We found this deal through the MLS. We used the the Comp Evaluator and the Rehab Estimator, and saw a real opportunity. We made an offer that included a quick close and seller accepted. We used hard money from Grand Coast Capital, our own and family funds to finance the purchase and rehab. We purchased the house for $159,000 on June 29, 2018. We closed on December 31, 2018 for $290,900.

Rehab Details

Property City: Marietta
Property State: GA
Purchase Price: $159,000
Repair Costs $55,000
Sale Price: $290,900

* 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?

Great training provided at our Immersion class in April and at the Charlotte Bootcamp in June provided us with what we needed to know to evaluate the deal. We asked a FortuneBuilders Coach to review the deal and he provided excellent feedback and guidance.




Before & After Photos