Jon Greany Rehab Deal

 

Jon Greany Rehab Deal

North Star Property Solutions LLC in Lafayette, CO

This was easily the grossest house we’ve ever purchased. Worse than a drug house or hoarder house. We were the only buyers willing to move forward with it because it was in such bad shape and smelled! The seller was thrilled because they didn’t have to fix or clean the house. They were able to leave whatever they wanted behind and based on the four dumpsters we filled, they absolutely took us up on that offer.

Rehab Details

Property City: Lafayette
Purchase Price: $200,000
Repair Costs $54,503
Holding Costs: $32,646
Sale Price: $385,000

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Case Study

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

This deal was a direct result of attending Ignite in 2018. In one of the tracks that Konrad taught, he said that the most money is made in transitioning areas. If they’re still a little sketchy that’s perfect. We expanded our marketing outside of the hip Old Town area we had been focusing on for the last year and into the surrounding neighborhood. Using Realeflow we did a five touch handwritten letter campaign and this seller reached out to us on the fourth touch.




Before & After Photos