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rehab DEAL

Robert Vazquez

Realty Master & Associates in San Dimas, CA
Robert Vazquez with Jan Helsel/ Joe Fusco

We started researching for wholesalers and talking to hard money lenders and also utilized the deal analyzer. We completed a full rehab on the house, everything inside the house was replaced which included a new kitchen, flooring, bathrooms, sliding doors and paint inside and out. We did the final walk-thru with a contractor and made sure everything was completed according to the scope of work. We didn’t experience any big problems while completing the rehab and we’re shocked our first deal went so smoothly. The house was put on the market and we received several offers before it was sold.

Rehab Details

Property City:
Ontario
Property State:
CA
Purchase Price:
$367,098
Repair Costs:
$43,000
Holding Costs:
$30,902
Sale Price:
$490,000
* 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?

We submitted our deals to be reviewed by the FortuneBuilders team/coaches. Based on their input and guidance on what to look for and what to expect. It helped our team to move forward. We used many of the forms/spreadsheets in the mastery program for the rehab. We didn’t have any big problems with the rehab. It was kind of shocking that our first deal went smoothly. Small adjustments were made to the rehab, like replacing an outside door/frame because of termites. We’re now working on our next deal and with the guidance of FortuneBuilders and hoping for the same outcome.

Before & After Photos