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rehab DEAL

Donnie Chattin

First Image Properties, LLC in Pilot Mountain, NC

This deal was secured via Craigs List advertising. The price was low enough that I was able to finance it myself. Overall the interior was in good shape with some fluffing, however, the landscaping needed a lot of work. Most of the work was spent in the kitchen, I took it from drab to WOW! Five contractors were hired to complete specific jobs and although it wasn’t planned I completed a lot of the work myself. Which is why the ROI was so high.

Rehab Details

Property City:
Kernersville
Property State:
NC
Purchase Price:
$60,000
Repair Costs:
$21,248
Holding Costs:
$7,606
Sale Price:
$130,000
* 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?

I was able to accurately estimate the job and using the FortuneBuilders contract, to secure the deal. I used the FortuneBuilders toolbox kitchen templates to choose the wall colors and the kitchen theme.

Before & After Photos