FortuneBuilders

Jolene Ewing Rehab Deal

Jubilee Property Solutions, LLC in Plymouth Meeting, PA
Jolene Ewing with Kelley Ewing

Kelley is a licensed real estate agent and located an estate deal. We secured the property under listed price. We did run into problems with our initial contractor, and needed to for us to be come GC of the project and sub out the last 40% of renovation. We were shut down due to COVID-19 for 4 months, but still managed to recover the lost time that we were shut down since our property sold for $20k more than we initially anticipated.

Rehab Details

Property City:	Plymouth Meeting
Purchase Price:	$190,000
Repair Costs	$82,000
Holding Costs:	$43,000
Sale Price:	$374,000
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?

We used the FortuneBuilders system for analyzing the deal, estimating the rehab cost, usage of the 6 Critical documents and hiring practices.

Jolene Ewing Rehab Deal