Jay Kurup Rehab Deal

 

Jay Kurup Rehab Deal

Resync Property Solutions LLC in Madison, CT

My first deal was a one-bedroom condo in Madison, CT. After many offers, I got this deal through an agent on the MLS. The unit was never updated and had old kitchen appliances and cabinets. As part of the rehab, I upgraded the kitchen and the bathrooms, patched and repaired walls, replaced few windows, replaced tiles from the bonus room and kitchen with hardwood floors. The washer and dryer were moved from the main level to the first floor. The modern kitchen and laundry on the bedroom level were unique to sell the property.

Rehab Details

Property City: Madison
Purchase Price: $215,000
Repair Costs $46,000
Holding Costs: $44,000
Sale Price: $335,000

* 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?

The FortuneBuilders training and systems were helpful to analyze the repair cost. The coaches helped me get out of the fear of having a loss and overcome some of the situations I ran into. The FortuneBuilders Facebook community was also a great help to deal with the contractors. A big THANK YOU! I learned a lot from my first deal and got my second deal before this unit was sold. CRUSHED IT!!




Before & After Photos