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rental DEAL

Avia Cumberbatch

CAC Investments, LLC in Waldorf, MD

I found this property while in the Internet Quickstart Academy during our marketing campaign training. Using one of the marketing techniques that was taught, I sent a text message to an owner who had a For Sale by Owner posting on Zillow. He responded back and I set up a time that evening to see the property. After a week of negotiating with the owner, we decided on a price for purchase. After signing the purchase contract and the inspection was completed we went back to the owner and negotiated a lower sale price based on the additional repairs required for the property. The top two units are currently occupied and the basement unit is in a full rehab that has not been occupied in a year. In our first step to creating a stream of passive income, we closed on our first Multi-unit property on August 16th, 2019.

Rental Details

Property City:
Baltimore
Property State:
MD
Purchase Price:
$113,500
* 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?

I went over the numbers with John Paul Kilduff II and he said this is a great deal go for it. So one month later we closed on this property.