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What can we help you find?
rental DEAL
Ligiane Anza
Buying JB Homes, LLC
in ,
We found this property with the help of our renters. It was a very dated, 1950s asset. The tenants needed plenty of bedrooms, so with $4000, we added a couple of bedrooms and instantly increased the property value.rnWe purchased it at market value, but with some more work, once the tenants leave, this asset could increased in value almost 2-fold.
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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’
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Case Study
How did the FortuneBuilders team and resources help you to accomplish this deal?
I was able to run the rental comps, as well as the cap rate for this property, which showed me that it was a sound investment. With long-term tenants, and the major systems all updated, we should have the positive cash flow for years to come.