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rental DEAL

Joe Sporer

JCS Home Sales in Perrysburg, OH

This property was found on a Facebook page as an FSBO. Using the talk track I learned from the FortuneBuilders video training and scripts resources I was able to purchase the property below asking price. We had a renter lined up before we closed on the property, and we funded the purchase of the property from my self-directed IRA (Also an idea I got from FortuneBuilders).

Rental Details

Property City:
Napoleon
Property State:
OH
Purchase Price:
$47,500
* 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?

The talk tracks from the training videos and scripts resources gave me enough confidence and bullet points to use that I was able to negotiate confidently with the seller. I told him that we were cash buyers, able to close on his schedule, that we were buying it as is, subject only to inspection, and that we would pay his seller closing costs. Also, even though I am a Realtor, I told him that there were no commissions he would have to pay either. We were able to get the price down almost 25%! rnThanks, FortuneBuilders!rn