Karol Mills Rehab Deal


Karol Mills Rehab Deal

Leela Home Buyers in Karol Mills with LaDonna Pitts

The story of how we found this home I really love to tell! The home I was supposed to be looking at was across the street with the same address but had a different street name. Sooooo I was in this flooded home that was unlocked when I got there so I thought I had permission to go through and do my due diligence. While I was completing the deal analyzer a very ticked off the owner come in and asked me why I’m trespassing in her home. I explained that I had permission to be there from Sam Craven from Senna House Buyers. She had no idea what I was talking about and was NOT a happy camper until I said this is 5315 Kingsmill correct?? She replied no ma\'am it is 5315 Shady Oaks Lane. I apologized and she calmed down we laughed a bit and then I said... Well I have done all I need to do before I go back to my office and do my numbers but I am pretty sure I’m buying the home across the street and I would love to have two right across the street from one another here is my number give me a call and I will give you an offer for your home. One week later she called and I bought my first two rehabs right across the street from one another. God is good!

Rehab Details

Property City: Friendswood
Property State: TX
Purchase Price: $100,000
Repair Costs $77,472
Sale Price: $244,900

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Case Study

How did the FortuneBuilders team and resources help you to accomplish this deal?

We could not have done this deal without the training we received from FortuneBuilders Mastery, Bootcamps, the well-written curriculum, our coach David Fair and Patrick Judd for deal review. This home was flooded in Hurricane Harvey so everything except the roof, wiring, and frame needed to be replaced. We feel confident enough because of FortuneBuilders to take on deals such as this one. Thank you for everything!

Before & After Photos