Nicole Clinton Rehab Deal

 

Nicole Clinton Rehab Deal

Supreme Home Buyers, LLC in Ocala, FL
Nicole Clinton with Jeff Clinton, Dawn Clinton

We acquired this property from a wholesaler, it was a 4 bed 2 bath in one of the most sought after school districts in Ocala. Took 92 days from the day we signed the deed, until the day we put under contract. Called this the "smokehouse" since it had been smoked in for 30 yrs. Using an ozonics machine, continuous, for 2 weeks took the smell out. We learned that we should be present when picking out granite and that you can paint tile to save money.

Rehab Details

Property City: Ocala
Purchase Price: $76,500
Repair Costs $41,787
Holding Costs: $10,891
Sale Price: $159,900

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Case Study

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

With the training we've learned from FortuneBuilders, we were able to quickly, and successfully, close out this rehab with a great profit. The house next door was renovated by another investor at the same time, and his house sold at $92/sq.ft., where ours sold at $123/sq.ft. Having a big sign with our business and who we are out front, we were able to capture a lot of interest during the whole renovation process. We are very grateful for this community and can't wait to see what's next.




Before & After Photos