Derek Peruo Lending Deal

 

Derek Peruo Lending Deal

PropShop Homes, LLC in Glendale, WI
Derek Peruo with Sara Peruo

This deal came to us through a team of investors we know well at one of our local networking groups. The investors reached out to see if we wanted to invest as a limited partner. We funded this deal with cash. The property has office, industrial and self-storage space. Long-term tenants occupy most of the offices and warehouses. These tenants have a strong history of renewing their leases. The general partners will add value by raising rents and occupancy. They'll also lower expenses by appealing property taxes. We like the steady long-term cash flow and tax benefits of this deal. Our internal rate of return is 18%!

Lending Details


* 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?

FortuneBuilders gave us the confidence to move forward with this deal! Through the live events and online electives, we learned how to structure commercial deals, how to manage our tax impact, and what to look for in our due diligence!