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wholesale DEAL

Kimberly Fazekas

Oakwood Home Solutions, LLC in Whitehall, PA

I found this deal via Bandit Sign. My first marketing campaign was to hang Bandit Signs around Bangor, Pa to get my name out in the area. Another investor contacted me by one of my “Kim Buys Houses” signs and asked me to do a joint venture in a wholesale deal and to help her find a buyer for a property that she had under contract for $20K. The deal consisted of a mobile home “fixer-upper” on 2 acres of land. Zero repairs were done to the property prior to it selling because the cost would have outweighed the better decision to just replace the mobile home with a new one. We marketed this property through direct mail, and online. I hung a few more flyers around town advertising a “mobile home fixer-upper on 2 acres for $37K”. Our buyer saw one of my flyers inside the hardware store downtown on the community ad board and called me that day with his offer of $32K. We met the buyer in the middle and sold the deal priced at the worth of the land for $34,500. My joint venture partner and I split the profit 50%. Lesson learned... bandit signs work!

Wholesale Details

Property City:
Bangor
Property State:
PA
Purchase Price:
$20,000
Sale Price:
$34,500
* 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?

My coach Christy Duckett-Harris helped me from beginning to end through this deal, going back and forth with me on how to speak with this new joint venture partner I acquired. She walked me through contracts, and appropriate questions to ask, and always encouraged me to reach out if i needed help. I also followed Than’s tutorial on bandit sign campaigns through the core curriculum.