Valerie Hoffpauir Rehab Deal

 

Valerie Hoffpauir Rehab Deal

Revelation Real Estate Solutions, Inc. in Angleton, TX

Rehab Details

Property City: Angleton
Purchase Price: $46,000
Holding Costs: $9,395
Sale Price: $120,000

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Case Study

How did you find and structure the financing of this deal?

Private money again! Lisa Oro, fellow FB student responded to our post on facebook. Dennis and Rhonda Greene also loaned to us on this deal. Full purchase and rehab was covered.


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

This was a total gut job! Removed several walls to open up the small living/kitchen space. Took in a hall closet to enlarge master bath and put in a shower. All new cabinets and counters. Black appliances with a refrigerator. Laminate floors and tile in baths. Total transformation on outside with paint and landscaping.


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

We listed this house on MLS and had an offer on day ONE!


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

Going above and beyond what is expected is valuable in building and maintaining relationships. My friend thought of us first for the referral. The seller appreciated the help with moving. Once she saw all the AFTER pictures, she cried & said she always wanted her house to look like that. New buyers were first time home owners.


Shout Outs & Testimonials

Thanks again to Lisa Oro & Dennis and Rhonda Green for your faith and investment! Also, the PICK YOUR NEIGHBOR letters do work for leads...Use them.




Before & After Photos