Elizabeth Anderson Rehab Deal

 

Elizabeth Anderson Rehab Deal

Property Owls LLC in Petaluma, CA
Elizabeth Anderson with Iolanda Antunes

This was a total cosmetic fixer with foundation issues due to Adobe soil in the area. Our realtor helped us beat out 5 offers and still got it under asking after our 6k credit off of our original offer. Our realtor has done over 100+flips in her career. She is simply amazing to work with. We moved walls, added a bonus room and did everything needed to refresh and renew this home to be up to code, safe and energy, water-efficient for the new owners. We had multiple offers and set a record for a new comp at least 50k above normal for the zip code.

Rehab Details

Property City: Petaluma
Purchase Price: $532,500
Repair Costs $125,000
Holding Costs: $52,000
Sale Price: $763,000

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Case Study

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

Our Business and Real Estate Coaches were super helpful in keeping us moving in the right direction with confidence we were doing the right things. Their expertise and experience in property redevelopment helped the Property Owls Team stay focused to have in winning experience even when contractor woes were seemingly insurmountable. They also gave us humor and a few laughs when they were much needed. The deal analyzer and boot camps we attended were also incredible to help the Owls stay wise and move forward. Really great to work with the FortuneBuilders team and have the continued coaching support!




Before & After Photos