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+.
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.rnrn