Bhavesh Bhakta Rental Deal


Bhavesh Bhakta Rental Deal

Bhavesh Bhakta with Nila Bhakta

The 4 properties we bought were found through Memphis Invest. We funded the deal with my 401K from my previous job. We paid off 1 house and got a non-recourse financing loan for the other 3 houses. All 4 houses are managed by Premier Property Management company. We are receiving about $3,230 total per month from all 4 rentals.

Rental Details

Property City: Memphis
Property State: TN
Purchase Price: $280,000

* 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?

We got a lot of help and also we learned so much about real estate investment from FortuneBuilders Team. Coach Nate Hall set us up with explaining how to transfer my 401K funds to Horizon Trust with the help of NHC. Then he set us up with Memphis Invest to find the properties and the whole experience was so smooth and professional. This is just the beginning of my real estate career with FortuneBuilders.