Manvir Badyal Rehab Deal

 

Manvir Badyal Rehab Deal

3 Pillars Property Ventures in Carmichael, CA
Manvir Badyal with Parveen Badyal

I purchased the deal through working with a Real Estate agent which was listed on the MLS. The deal was funded with hard money and also personal funds, with a rehab budget of $40,000. We eliminated a couple of small walls to open up the main entrance to the house. Installed all new doors, new flooring, new kitchen cabinets, countertops, appliances. Installed new grass and bark in the entire front yard and backyard. Replaced everything in both bathrooms, showers, tile, vanities, lights. The entire house got 32 new recessed lights along with new kitchen pendant lights and a chandelier. The old stone fireplace was removed and replaced with a new electric insert and tile to the ceiling. Added a couple of sizzle features like Bluetooth speaker exhaust fans in both bathrooms and a pot filler above the stove.

Rehab Details

Property City: Carmichael
Purchase Price: $405,000
Repair Costs $84,500
Holding Costs: $13,500
Sale Price: $601,000

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Case Study

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

The FortuneBuilders resources and coaches helped tackle the project from start to finish. The systems allowed me to focus on the rehab and work with many different trades. The knowledge gained through the core curriculum and Bootcamps was applied throughout the entire project. Coaching calls helped with staying on track and organization as the project progressed.




Before & After Photos