Mario Martinez

Pear Homes, LLC in San Diego, CA

Mario Martinez with Eleanor Lennee Martinez

This property was an off-market deal. My wife's friend was laid off from her job of 23 yrs and asked if we can help. She needed to sell her home fast and move out of state. The home needed a lot of attention. We were able to help her and purchase the home with no agent involved. Escrow closed within three weeks. Trillion provided HML. Our PML's backed out on gap funding--our solution for gap funding was getting 401k and personal loans. The home is redeveloped beautifully. It has been restored with new flooring throughout, complete renovation of the kitchen and two bathrooms, new windows, new sliding glass doors, new front yard landscaping, fresh interior and exterior paint, epoxy flooring in the garage; two walls were removed in the living room space to get an open concept. The home includes a great bonus room with a full bath, new solar system, plenty of parking, and a huge backyard.

Rehab Details

Property City:

Fallbrook

Property State:

CA

Purchase Price:

$317,000

Repair Costs:

$94,791

Sale Price:

$545,000

* 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?

The FortuneBuilders team is so amazing! We made the appointment for this deal while attending an IQA Bootcamp--during a competition on who can get the most appointments, leads, and offers. We followed and trusted the FortuneBuilders system. We scheduled coaching calls with our accountability coach, Christian Weatherspoon, as well as the real estate coach team. Resources we utilized: Deal Analyzer and submitted for Deal Review, Repair Estimator, Scope of Work template, and Six Critical Documents. Randy Zimnoch with Realty National, Inc. went above and beyond and guided us throughout this entire deal from beginning to end. He evaluated the deal before we moved forward to ensure our numbers were accurate. We utilized his entire team for both buying and selling the property: Alliance Escrow, Ticor Title, Transaction Coordinator, and Stage Your Home.