rehab DEAL

Daniel Grenier

PE Real Estate Solutions in Windsor, ON
Daniel Grenier with Amy Grenier

Welcome to 3075 Normandy St. Obtained from our MLS marketing, this 5-bedroom 3.5-bath luxury home featured an addition in the rear and in the front and a luxurious facelift from top to bottom. rnThe failure to properly manage the contractor and the underestimation of renovation costs caused the renovation budget to balloon from the original estimate of $200K to over $350K.rnThe property was held for an additional 9 months, which increased the holding and transaction cost from an estimated $70Kto nearly $150K. rnThis project has allowed PE Real Estate Solutions to better understand the real estate investment business, a lesson that has since generated 20+ successful deals over the following 9 months.rn

Rehab Details

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Case Study

How did the FortuneBuilders team and resources help you to accomplish this deal?

This deal was obtained using a realtor relationship allowing us to jump on a pocket listing.

Before & After Photos