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rehab DEAL

Jon Greany

North Star Property Solutions LLC in Lafayette, CO

This home was a pocket listing of an agent we had worked with in the past who knew we could close and weren't afraid of 'ugly' houses. It was in a great neighborhood in Denver and was a straightforward renovation on a 6 month from closing to closing timeline. Our favorite part was at the closing table buying the house when the seller told us she had bought the home for $20,000 50 years ago! She paid more in real estate commissions than she had when she bought the home!

Rehab Details

Property City:
Denver
Property State:
CO
Purchase Price:
$345,000
Repair Costs:
$95,000
Sale Price:
$517,500
* 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?

By screening a new contractor ahead of time, we knew that this contractor would be a good fit for our systems. He had worked with other FB students previously so he wasn't phased at all by our pricing, pay schedules, or contracts. It was a straight forward renovation from start to finish thanks to having systems in place.

Before & After Photos