Kevin Clancy Rehab Deal


Kevin Clancy Rehab Deal

KJM Home Solutions, LLC in Syracuse, NY

This was a HUD property. I put in an offer that was below the asking price. My Real Estate agent told me it would never get accepted. They called me the next day and it was accepted!! I was scared to death! Another FortuneBuilders student Dan Tallman of 111 Properties who’s also a contractor helped guide us through the process. For this rehab, we did a complete gut which included a new roof, siding, hot water tank, furnace, bathrooms and we even knocked down the chimney (that was fun). My wife and kids helped out a LOT!! Every inch of the backyard was covered in poison ivy, all the way up the trees! My wife worked on that project for months! She also painted the basement floor 4-5 times until we got the water under control with new gutters and grading.

Rehab Details

Property City: Phoenix
Property State: NY
Purchase Price: $55,200
Repair Costs $41,480
Sale Price: $140,000

* 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?

Put in low offers, they will surprise you sometimes and just take it!!

Before & After Photos