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rehab DEAL

Becky Johnson

Autopilot Properties LLC in Frontier, ND
Becky Johnson with Kerry Johnson

This was the largest profit deal to date while in the FortuneBuilders community. It was a friend of ours who had decided they were ready to move but was not interested in repair costs to improve their home to make it market-ready or the lengthy process of listing their home and finding a buyer. We were able to put in place seller financing and increase returns even more. It worked very well to have a Scope of Work in place upon closing and to easily step through the renovation schedule for a quick close.

Rehab Details

Property City:
Fargo
Property State:
ND
Purchase Price:
$118,000
Repair Costs:
$33,341
Holding Costs:
$857
Sale Price:
$210,000
* 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 team and education around selling financing was a great resource for us on this property and worked really well. We look forward to repeating this and executing it on more deals in the future. Thank you!

Before & After Photos