Brandi Hulme Rehab Deal

 

Brandi Hulme Rehab Deal

Closing Time Home Buyers in Nampa , ID
Brandi Hulme with Dan Hulme

6th Street South was part of a 4 house deal pocket listing from a realtor friend. We had all 4 houses under contact and simultaneously closed all 4, 3 going to 2 other investors and us closing on this property. It is a non conforming duplex that we renovated, rented and then sold on the income approach. Netting us an additional $80K dollars. Fantastic win on all sides!!! Tiered landlord was cashed out, 2 families were able to be relocated into safe and affordable housing, another investor purchased a cash flowing investment with their 1031 exchange, and CTHB was able to generate a profit! Win-Win-Win Win!

Rehab Details

Property City: Nampa
Purchase Price: $175,000
Repair Costs $60,000
Holding Costs: $9,000
Sale Price: $430,000

* 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?

We learned the income approach from a bootcamp and then was reiterated by a weekly webinar that i watched shortly after acquiring the property. Our PML mentioned it on a call and thanks to FB I knew exactly what he was talking about and we were all able to capitalize on the market. FB for the WIN!!!!




Before & After Photos