Lara Yagolnitzer Rehab Deal

 

Lara Yagolnitzer Rehab Deal

LDY Properties, LLC in Riverton, NJ
Lara Yagolnitzer with David Yagolnitzer

We found this deal 6-months prior to joining FortuneBuilders through a wholesaler and fully funded it ourselves. The rehab was a full gut renovation including a new roof, siding, and all windows. We also replaced all of the doors, add new electrical, plumbing, HVAC and insulation. After joining FB, we realized we made several “classical” mistakes, which included paying contractors upfront and not having a clear SOW. We did not make much money on this project because we started having issues with a contractor almost from day 1. Our coaches helped us in dealing with the bad contractor who we ended up firing and hiring a new one. From that point, we did everything following the FortuneBuilders system and we were able to complete the project.

Rehab Details

Property City: Riverton
Purchase Price: $75,000
Repair Costs $144,800
Holding Costs: $17,235
Sale Price: $250,000

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Case Study

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

Our huge thanks to our awesome coaches - John Paul Kilduff, Mary Anschutz, and our business coach Leigh Smith. They helped us deal with the bad contractor situation and kept guiding us through the rehab.




Before & After Photos