Jonathan legacy's Rehab Deal

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rehab DEAL

Jonathan legacy Perez

Legacy Homevestments, LLC in Woodland Hills, CA

Jonathan legacy Perez with Patricia Kaniowski

This property was listed on the MLS. Our initial offer got rejected and we used the follow-up system and 30 days later, our offer was accepted at a lower price than we originally submitted at. We funded the deal using Hard Money and Private Money. The property had a great view from the front yard so we capitalized off of that and gated the front courtyard and added a fire pit and seating so the new home owner could enjoy the view. Inside we reframed the kitchen to be larger and more open, added new cabinets, flooring, paint, garage door and completely remodeled the bathrooms.

Rehab Details

Property City:

Studio City

Property State:

CA

Purchase Price:

$1,010,000

Repair Costs:

$120,000

Sale Price:

$1,350,000

* 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?

FortuneBuilders helped us in identifying an opportunity like this, teaching us the importance of following up and educating us on how to advance our business using systems.