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rehab DEAL
Shannon Picker
Ultimate Home Solutions, LLC
in Oxnard, 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
Property State:
CA
Purchase Price:
$170,000
Repair Costs:
$22,550
Holding Costs:
$44,600
Sale Price:
$264,000
* 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?
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.
