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

* 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 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