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rehab DEAL

Daniel Grenier

PE Real Estate Solutions Inc. in Windsor, ON

This deal was found through our Kijiji marketing and funded using private funds. This deal was a headache, the tenant-occupied home belonged to an out-of-town owner who decided to sell the home privately without having a deal with the tenants. We addressed the tenants concerns, cleaned up the property and had completed an effective prehab profiting $46K.

Rehab Details

Property City:
Windsor
Property State:
ON
Purchase Price:
$160,000
Repair Costs:
$400
Sale Price:
$229,900
* 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 the FortuneBuilders team and resources help you to accomplish this deal?

Not every deal needs to be rehabbed. A simple cleaning before putting it back on the market is a great option in hotter markets and in homes that are in relatively good shape.