This property was found using our MLS marketing and funded using private financing, this 3-bedroom 1-bath home was transformed into a 5-bedroom, 2-bath home with a nanny suite. The entire home was renovated top to bottom to allow a comfortable living space while renting out the basement to pay for the rent. Managing the contractors proved difficult from 2 hours away, causing the construction cost to increase from its original budget of $85K to $112K and causing the project to be 6-months behind schedule. Following this project, PE Real Estate Solutions has maintained a strict location radius of 45 minutes for any rehabs.
How did the FortuneBuilders team and resources help you to accomplish this deal?
Consistency in connecting with realtors has generated a pocket listing. The scope of work was a great tool and allowed us to track the progress, even at a distance.