Daniel Grenier Rental Deal

 

Daniel Grenier Rental Deal

PE Real Estate Solutions in Belle River, ON
Daniel Grenier with Amy Grenier

We found this duplex scouring Kijiji. The duplex had two occupants. One long-lasting tenant and one that was distressed. The property generated great cash-flow so we kept the property, evicted the distressed tenant and renovated the unit. We rented the rear garage separately and the property is now cash-flowing $1K+.

Rental Details

Property City: Windsor
Property State: ON
Purchase Price: $50,000

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Case Study

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

As a rehab, this property would have profited us nearly $30K. However, we kept the property for over 2 years, and now have $0 in the deal and gained over $120K in equity. FortuneBuilders has shown how long-term investments is where great money is made. This deal shows just that.