Mara Santos Rental Deal

 

Mara Santos Rental Deal

Positive Vibe Property Partners in Suwanee, GA
Mara Santos with Carlos Santos

This deal I found on the daily email that I get from my realtor. I bought this from a 1031 Exchange in which I sold a negative cash flow property and was able to buy this and another property for a positive cashflow. The beauty of this deal was that it can with a very good tenant that not only pays on time but keeps the house in great shape, but also that I went under contract at asking price and appraised more.

Rental Details

Property City: Suwanee
Purchase Price: $239,000

* 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?

I learned about 1031 exchanges from Fortune Builders and Coach Akila was able to guide me through the whole process, which was seamless. I used the Deal Analyzer for Rentals to make sure I was getting a property that would get me a positive cashflow.