Janice Wall Rental Deal

 

Janice Wall Rental Deal

eq Property Solutions, LLC in Memphis, TN
Janice Wall with Max Benas

I inherited a small industrial building and managed it for 17 years. We just sold it in a 1031 exchange. We used the proceeds from the sale as a down payment for the 6 units in Memphis, TN. I found an awesome mother/daughter team of realtors who found us for the units, and we bought the other two from a turnkey company we found there. We purchased all the properties as-is and we plan on holding them for at least 5 years. We used a horrific commercial lender, which made the process way more complicated and expensive.

Rental Details

Property City: Memphis
Purchase Price: $78,000

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Case Study

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

We had several coaching calls but didn't get in touch with the Passive Income Club soon enough to help us with the financing piece. We were well into the deal before we joined Mastery.