Gracie Bradford Rehab Deal

 

Gracie Bradford Rehab Deal

DG Home and Property Solutions LLC in Rosharon, TX
Gracie Bradford with Don Specks

I found the deal on the internet by surfing bank foreclosures by the names of banks. I funded the purchase and repair with hard money. Repairs included minor foundation repairs, replacement windows, and doors, full bathrooms remodeling, new hot water heater, new ceiling fans in all rooms, all new kitchen appliances, added laminate floors throughout the house, added an electric fireplace, painted exterior, and interior, replaced electrical outlets and plumbing pipes. The property had a gigantic storage building and a detached covered deck with built-in sinks and elevated platforms that were as large as the house. I converted the garage to a sizeable war room and added a covered carport since most of the houses in the countryside had carports with vehicles parked outside. The war room was the selling point for the buyer.

Rehab Details


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Case Study

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

I consulted with a coach to see if it was a good buy before making an offer. The feedback was useful. I used many of the resources on the FortuneBuilders website and the information/checklists that I picked up at booth camps. Following the process from acquisition to rehabbing to marketing the property made it possible for me to emerge with confidence that I am a credible investor. It also validated for me I need to get my Real Estate License, which I should take the test next month. This house was my maiden learning experience and I can say that I encountered every setback, every obstacle, every frustration that one could imagine with a General Contractor. Despite that, I have the itch. I am ready to buy my next rehab!!!




Before & After Photos