Ed Castaneda Rehab Deal

 

Ed Castaneda Rehab Deal

Team 6 Realty Group in Los Angeles, CA
Ed Castaneda with Jed Castaneda and Carlo Castaneda

We found the deal through an agent my sons Jed and Carlo found on Facebook through Internet Quickstart Marketing. The first property she found us did not work out, but eventually she helped us find the property at 4222 McLaughlin Ave. The HML we worked with, Trillion Capital, was recommended to us during a FB Mastermind call, and we were able to find the rest of the funding through some family. Virtually nothing on the property was left untouched - roof, plumbing, electrical, HVAC, cosmetics, landscaping. We added a total of 400 sqft to the left and the backside of the home, expanding the Master Suite, and the 1st bedroom, and making the home 1420 sqft total. We also "finished" the garage, which included remediating some bamboo coming from the neighbor's backyard that was encroaching into our property's garage, which we knew about going in to the deal.

Rehab Details

Property City: Los Angeles
Purchase Price: $1,012,000
Repair Costs $250,000
Sale Price: $1,699,000

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Case Study

How did the FortuneBuilders team and resources help you to accomplish this deal?

We watched several webinars and attended each available bootcamp at least once, and some twice. We had Coach Patrick (can't remember his last name) analyze our deal analyzers along the way up until we pulled the trigger on this deal. Coach Kristina Stansbury helped us with our Internet Quickstart execution along the way. Thank you to everyone in the community that helped us!




Before & After Photos