Courtney Toguchi

Oahu Property Solutions, LLC in Pearl City, HI

This is a 2 separate single-family home deal that was brought to us by another FortuneBuilders student. The sellers were looking for a quick close as the previous buyers were unable to close after 7 months in escrow. After my initial walkthrough of the property, I knew that I could either re-list the property as-is and walk away with a quick profit or go through with the rehab and make a larger profit. I decided that I would list each property as-is and see what would happen after 2 weeks. If we received no offers, we would go through with the rehab. But, within the 1st week, we received multiple offers. The unique thing about this property is that 1 property was "landlocked" by the other property. So immediately after acquiring the properties, I hired an attorney to draft and record a usage easement to allow the blocked property access to its driveway.

Rehab Details

Property City:

Kaneohe

Property State:

HI

Purchase Price:

$1,065,000

Repair Costs:

$2,500

Holding Costs:

$124,535

Sale Price:

$1,262,500

* 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?

With the knowledge provided by the FortuneBuilders systems, we were able to act quickly and had numerous exit strategies. Always remember to provide value to others and opportunities will present itself.