Rich Schott

Make Your Mark LLC in Severna Park, MD

Rich Schott with Jen Bennett & Nathan Schott

The property was a 3-bedroom / 2-bath referral from a real estate agent. The property was outdated and needed a full rehab along with adding additional living space. Walls were removed to open up the house and the existing garage was converted into additional living room space making the house different from all the others in the community. The entire house was rehabbed...all new plumbing, electrical, HVAC, windows, siding, roof, etc. The house really showed well and sold within 2-weeks.

Rehab Details

Property City:

Glen Burnie

Property State:

MD

Purchase Price:

$150,000

Repair Costs:

$90,000

Holding Costs:

$30,000

Sale Price:

$300,000

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Case Study

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

Helped with validating the repair costs and profit potential.