Shannon Picker Rehab Deal

 

Shannon Picker Rehab Deal

Ultimate Home Solutions, LLC in Palmdale, CA
Shannon Picker with Jeremy Picker

We found this deal through a wholesaler for a $5,000 fee. We scraped the ceilings, painted the interior and exterior, a new deck, new trim and doors, new flooring upstairs only. We refinished the cabinets and installed granite countertops. Cleaned up landscaping in front yard and laid new sod in the back yard.

Rehab Details

Property City: Palmdale
Purchase Price: $170,000
Repair Costs $22,550
Holding Costs: $44,600
Sale Price: $264,000

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Case Study

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

This was only our second deal, so we were still working closely with our coach on deal analysis, etc. It was the first time we had purchased from a wholesaler as well, so we had to email FB Support for some clarification. Overall just following the curriculum was extremely helpful and allowed us to have a profitable deal.




Before & After Photos