Simon Oppliger

Novus Property Solutions, LLC in Westport, CT

Simon Oppliger with Carolyn Oppliger

We found this property through a wholesaler and funded the purchase and rehab through our equity line of credit. This rehab was basically a gut job. We replaced the windows, roof, siding, and added new mechanicals including central A/C. The floor and roofline were raised in the living room, and we renovated the kitchen and bathrooms.

Rehab Details

Property City:

Norwalk

Property State:

CT

Purchase Price:

$230,000

Repair Costs:

$149,400

Holding Costs:

$73,993

Sale Price:

$539,000

* 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?

Intensive training and Bootcamps gave us the confidence to complete this deal. The repair estimator and evaluation tools were invaluable and helped us assess the risk/reward.