Mark Maynard Rehab Deal

 

Mark Maynard Rehab Deal

FourM Property Investments LLC in Fort Worth, TX
Mark Maynard with Mitzi, Megan, & McKenzi Maynard

This house was in receivership and purchased from a wholesaler. The house was listed as having 2400 ft. but discovered after purchase that it was closer to 2800 ft. The home is located in a sought after area of Fort Worth, TX. We started with a 3-bedroom / 2.5-bathhouse, small kitchen, and covered patio area. We converted the house to a 4-bedroom / 4-bathhouse with a 420 ft. kitchen utilizing the existing vaulted ceiling.

Rehab Details

Property City: Fort Worth
Purchase Price: $350,000
Repair Costs $260,000
Holding Costs: $15,000
Sale Price: $878,700

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Case Study

How did the FortuneBuilders team and resources help you to accomplish this deal?

The education provided us the confidence and tools needed to execute this. It has been a learning process with mistakes being made along the way (deviating from FB training), but in the end, we had a beautiful product to be proud of. We have purchased our next deal and, thanks to our Rehab Bootcamp training this weekend, we will be strictly following the FB training and systems.




Before & After Photos