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rehab DEAL

John Wilcox

Westlake Property Solutions, LLC in Westerville, OH

I used a realtor to find the property. Another investor has partially renovated the property, and was selling after it was vandalized. We completed what he started, and added my own touches like completing the kitchen upgrade, custom cabinets in the half-bathroom and refinishing a massive wooden fireplace surround. I funded the deal with a hard money loan, plus my own funds. Within 24 hours after the property hit the MLS, we had 6 offers all above list price. We sold the property for 15% above list.

Rehab Details

Property City:
Columbus
Property State:
OH
Purchase Price:
$109,900
Repair Costs:
$48,151
Holding Costs:
$9,586
Sale Price:
$251,229
* 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?

I started out a real estate investor virgin. Every step of the way from finding and working with a realtor to find the property, to making the offer, to hiring the GC team, to managing the renovation, to listing and selling, I used the skills I learned from Fortune Builders. I took full advantage of my FB coaches, the deal review, and several 1-on-1 coaching calls.

Before & After Photos