Jonathan legacy Perez Rehab Deal

Rehab Details

Property City: Tarzana
Purchase Price: $845,000
Repair Costs $100,000
Sale Price: $1,127,000

* 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 you find and structure the financing of this deal?

First position was Hard Money. Second was a repeat Private Money lender, who loves his returns!

Provide a summary of the repairs and improvements you made to the property.

This was a complete remodel, 5 bedrooms, 3 bathrooms of exquisite style and beautiful display of materials, brought to you by your very own Legacy Homevestments duo. A load-bearing wall was removed to create an open gorgeous floor plan. New windows, roof, plumbing, electrical panel upgrade, new gas fire pit.... THE WORKS!

How did you find a buyer for the property if you sold it?

Open Houses Galore. We found a happy newlywed couple, who appreciated our quality.

What are some of the major lessons learned that you would like to share with other students that they can learn from?

Keep your budget on track by utilizing software such as Quickbooks. This gives you a clear picture of costs and profit vs projected budget.

Shout Outs & Testimonials

Once again, the man with the master plan 'Than', Cole Hatter, JD Esajian, Randy Z.

Before & After Photos