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rehab DEAL

Dianna Walker

Principled Property Group, LLC in Pearland, TX

I was sitting in ICU with my very ill aunt at about 2 am when I came across the email from a local wholesaler. I emailed my husband/business partner and asked him to run the numbers first thing in the morning. We visited the property and put the earnest money down the next day. The home was in a good location, an established neighborhood, and it did not flood! The home was maintained but had out of date finishes and needed some foundation work. We were able to bring it up to date within ten weeks. The property was on the market for 14 days before selling. WIN!!

Rehab Details

Property City:
Houston
Property State:
TX
Purchase Price:
$174,500
Repair Costs:
$85,000
Sale Price:
$322,500
* 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 use the systems with fidelity in most cases. We completed the repair estimator and completed a Scope of Work. Then we conducted a contractor open house and received multiple bids from contractors. We checked references on our top contractor choices before finalizing the selection. We placed our 'Coming Soon' sign in the yard and hosted a 'Pick Your Neighbor' open house that we advertised on the neighborhood Next Door Ap and through door knocking. We were very excited about this WIN!

Before & After Photos