Fernanda Rojas Rehab Deal

 

Fernanda Rojas Rehab Deal

360 Property Group in Austin, TX
Fernanda Rojas with Carlos Rojas

We found this deal on the MLS, we sent it over to our agent and he told us that it was a probate. It had 10 offers on it and our was the lowest offer! However because we were able to implement everything that we have learned through FB and NEGOTIATE we were able to get them to accept our offer! We came in and remodeled the kitchen and both bathrooms, one of those was a Jack and Jill bathroom so we got rid of that. We also added all new flooring and tile throughout the house. One thing that was unique was that one side of the garage was used to extend and existing bedroom so we also turned the garage back into a regular garage and made the room its original size. The exterior got new paint, we also replaced some siding and all doors and windows were replaced! Overall it was a great project, definitely taught us a lot & were able to top the market with this one, sense we had no comps!

Rehab Details

Property City: Austin
Purchase Price: $130
Repair Costs $60
Holding Costs: $193
Sale Price: $255

* 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 has several coaching calls on how to get leads from MLS, also coach David gave us the idea to look into probates because not a lot of people like to deal with them, and it worked! Sense we did not have any comps fo 2/2 in the area we were able to use Realeflow to find some comps and help out with our appraisal which was huge!




Before & After Photos