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rental DEAL

Michael Glaspie II

Glass Peak Properties, LLC in Charlotte, NC

Found a retired landlord off the market brought to me by a fellow FortuneBuilder. Original asking price was $85,000. I was able to get the property at $67,500 with completed repairs equalling over $3500 and an allowance of $1000 at closing. The kicker is the property is tenant occupied and renting for $900 a month in the best school district in the area.

Rental Details

Property City:
Fayetteville
Property State:
NC
Purchase Price:
$67,500
* 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?

Networking at the recent Bootcamp in Charlotte put me in contact with the FortuneBuilder that brought me this deal.