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rehab DEAL

Patricia Kaniowski

Legacy Homevestments LLC in Sherman Oaks, CA
Patricia Kaniowski with Legacy Perez

Our agents presented this deal from the MLS. We had just sold on across the street a few months back and they were impressed. We used a combination of Hard money and Private Money. This home had significant foundation damage, which deterred a lot of buyers. We saw the potential of it being in a great location (Brentwood). We invested a total of $615,000 in repairs. It was a full gut down to the studs. We knew we were working in a higher end neighborhood and we need to ensure that we kept our integrity and do everything per code, the correct way... just like we are taught!

Rehab Details

Property City:
Los Angeles
Property State:
CA
Purchase Price:
$1,380,000
Repair Costs:
$615,000
Sale Price:
$3,525,000
* 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 followed the systems from the very beginning. We couldn't have done it without utilizing the organization of the contractor systems, everything from the estimated repair sheet, to the contractor documents.

Before & After Photos