The home was purchased from another Fortune Builders Mastery Student, Eye Homes of Columbus, Ohio as a wholesale purchase. The house was part of a probate purchase. The house we in good condition and only required a $15,000 of rehab taking our overall investment including the acquisition and wholesale fee to be $100,000. The house is currently leasing for $1,400 per month.
The rehab consisted of painting the entire inside, upgrade the kitchen with a few new cabinets, new flooring and appliances.
The current tenants were referred to us by one of our previous tenants, which is very common since we treat our tenants very well.
* 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
How did the FortuneBuilders team and resources help you to accomplish this deal?
I did not use the FortuneBuilders corporate team but used my contacts and relationships I made through being part of the FortuneBuilder's community to develop the relationship with Esteban who I purchased this property.