Jani Friedman Rehab Deal

 

Jani Friedman Rehab Deal

Tyrus Investments LLC in Petaluma, CA

I couldn't find a home to renovate 8 months into my FortuneBuilders mastery program. So, I bought a mobile home and tried to renovate it. Hard lessons in building and repair costs. Also, the mobile home park monthly fee is expensive especially since my renovation took 6 months longer than expected. My Repair budget was $50,000 but it ended up costing $77,000. Therefore my profit was only 2.6% or $5,148.

Rehab Details

Property City: Petaluma
Purchase Price: $75,000
Repair Costs $77,000
Holding Costs: $18,043
Sale Price: $200,000

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Case Study

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

Coach Patrick Judd helped me keep going even though I nearly had a meltdown halfway through the project.




Before & After Photos