We found the deal by calling a FSBO. It was an estate property that was recently updated. The original asking price was $70,000, however we negotiated with the seller down to $53,000. Our buyer was a Christian ministry that wanted the property to help house human trafficking survivors from across the state. We sold the property for only $58,000, thereby only making $5,000. Overall, I think this transaction was Win Win and a Win.
* 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
How did the FortuneBuilders team and resources help you to accomplish this deal?
The FB team/coaches are great and advised us in many potential deals prior to this one. The FB financial education/resources gave us the confidence to move forward with this deal.