Keaton Seaby Wholesale Deal

Wholesale Details

Property City: Edmonton
Purchase Price: $298,000
Sale Price: $302,000

* 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 you find and structure the financing of this deal?

I met a young, hungry Realtor is my neighbourhood at an open house for another property. We got talking about baseball, the house's brutal balcony, and eventually real estate. I told him exactly the type of house I was looking for (based on what my small rehab buyers list wanted to rehab) and we went our seperate ways. I followed up 2 days later to say hello and the next day he was calling me with exactly what I was seeking. I rushed to the house after work and offered $3000 above list price. It was a clear deal. My offer got accepted and I had my rehab buyer in the house within 24 hours and a verbal agreement to purchase within 36 hours.

How did you find a buyer for the property if you sold it?

The buyer was a fellow Fortune Builders Mastery business so we were on the same page on most points.

What are some of the major lessons learned that you would like to share with other students that they can learn from?

I learned that you never know who is going to bring you your next deal. I learned that you have to be vocal and tell people what you are doing or nothing will change. Lastly, I learned that you must treat people with respect because this is a people's business.