Tsion Tilahun Rental Deal


Tsion Tilahun Rental Deal

Zions Property Solutions LLC in Charlotte, NC

My first investment property deal actually came from an Airbnb guest I had. We were casually discussing what we did on the side and I mentioned real estate. She mentioned her sister needed to sell her house so she facetimed her and I learned she's in a preforeclosure. I locked up the deal & was in contract with the sister before I saw the house. Because her court date was around the corner, I was able to lock up the deal as a "Subject To". We closed in a week. I had to do the repairs, mostly cosmetics while also adding a bathroom. I purchased it as a 6 bedroom, 1 bath. It now has 2 bath. I made this a BRRRR strategy, where it is now refinanced and rented. Now I'm looking to repeat with my next deal :)

Rental Details

Property City: Charlotte
Purchase Price: $125,000

* 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?

FortuneBuilders helped me accomplish this deal by equipping me with the knowledge to know what a subject to is and how to speak to sellers. I'm forever grateful!