FortuneBuilders

Nicole Zoellner Rehab Deal

JNT Property Solutions, LLC in Longmont, CO
Nicole Zoellner with Tony Streveler, June Streveler

We found this property through a local wholesaler. It had been rented for approximately 30 years and needed to be completely gutted. Interestingly, Google view photos showed that the renters had stored about a dozen cars on the property behind a fence. All cars and junk was removed before we purchased the property luckily. We opened up a wall to create an open concept and all walls had to be re-textured. We replaced the kitchen, bath, windows, water heater, roof and floors creating a Farmhouse style design.

Rehab Details

Property City:	Longmont
Purchase Price:	$227,500
Repair Costs	$54,884
Holding Costs:	$41,666
Sale Price:	$305,000
Gross Profit:

* 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?

The coaches were amazing on this deal. We had trouble with our GC and an easement on the property that we were unaware of until we were about to list the property. The coaches helped us keep our sanity throughout the bumps and got us to the finish line. So many lessons learned!

Nicole Zoellner Rehab Deal