Janice Wall

eq Property Solutions, LLC in Seattle, WA

Janice Wall with Max Benas

By selling an inherited industrial building through a 1031 exchange, EQ Property Solutions, LLC and WATEN Investments, LLC was able to buy 6 single-family residences in Memphis, TN. Two of the properties are renovated condos in a gated, 1929 remodeled stone building. We worked with a residential turnkey company to purchase another two. With a well respected and experienced realtor team, native to Memphis we purchased the others and they coordinated the entire process/deal. Due to the number of properties, 4 owners, a commercial lender and the 1031 exchange mediator, plus negotiating with all the peripheral entities involved in purchasing real estate ((insurance, inspections, legal, title), we have gained tremendous experience and knowledge to provide our clients, colleagues and industry professionals with win/win solutions, delivered with care and the intent to foster peace of mind.

Rental Details

Property City:

Memphis

Property State:

TN

Purchase Price:

$78,000

* 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?

We had several coaching calls but didn't get in touch with the Passive Income Club soon enough to help us with the financing piece. We were well into the deal before we joined Mastery.