FREE ONLINE CLASS
Learn How To Start Investing In Real Estate
FREE ONLINE CLASS
Learn How To Start Investing In Real Estate
rehab DEAL

Jennifer Kearsing

High Star Properties, LLC in Round Rock, TX
Jennifer Kearsing with Scott Kearsing

Creek Street was our first flip. We found this property after connecting with a wholesaler through their bandit sign. After presenting us the property we negotiated with them and purchased it on the last day of their contract with the seller. The deal was funded by an HML, PML and a loan from a 401K. This project was a real learning opportunity for us; we went through three general contractors and a couple of trade contractors. The rehab included fresh paint for the exterior and interior of the home, new flooring throughout the home and we also upgraded the fireplace tiles. New vanities were installed in both the hall and master bathroom, we also renovated one of the showers and renovated the kitchen. The rehab went over our estimated costs when it was all said and done, but we were able to sell it for top value

Rehab Details

Property City:
Copperas Cove
Property State:
TX
Purchase Price:
$98,500
Repair Costs:
$35,300
Holding Costs:
$31,000
Sale Price:
$170,900
* 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?

The FortuneBuilders team was instrumental in our success with our Creek St rehab. Our coach, Bob Reed, crushed it on every call. He advised us throughout the process of construction methods and techniques. Towards the end of the project, we began working David Fair as well, who also crushed it every time. He helped us greatly with the sale of the property by giving us ideas for what would help us achieve our goal. Both Bob and David are tremendous assets and we are blessed to have them on our team!

Before & After Photos