Manjit Rukhra Wholesale Deal

Wholesale Details

Property City: Winnipeg
Purchase Price: $125,000
Holding Costs: $5,000
Sale Price: $155,000

* 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 you find and structure the financing of this deal?

We found this deal from a wholesaler in the city. We wrote an offer, toke title and then sold it to a realtors client.


Provide a summary of the repairs and improvements you made to the property.

We cleaned up the year to add some curb appeal.


How did you find a buyer for the property if you sold it?

We marketed this deal to realtors and one of them brought us a buyer.


What are some of the major lessons learned that you would like to share with other students that they can learn from?

Major lesson i learned is always see if you can make a quick profit without doing renovations. This wholesaler could have sold this property for the same amount we did but because of our network it was sold twice without anyone doing renovations. It is all about your network.