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wholesale DEAL

Renee Degelau

Tropic Coast Home Solutions LLC in Fort Myers, FL
Renee Degelau with Eric Degelau, Julius van Rooyen

Wholesaler contacted us about a property he had under contract in Sarasota FL. We contacted the individual and decided on a time to meet at the property. When we arrived, the wholesaler mentioned that two other parties were also going to meet at the house for a tour. After our tour of the home and meeting the seller, we stated we were good with his sale price $210K of the original contract plus assignment fee of $25K. The wholesaler stated he had to give the other parties a shot at the property. Eric worked hard to establish a relationship with the wholesaler and explained our company in depth. He was impressed and stated he would touch base shortly. We waited at the property for the other investors to tour the home. Everyone wanted the property. The wholesaler came back to us as we waited at our truck. He said he would sell the contract to us because we were a PROFESSIONAL LOCAL Real Estate Company. Two weeks later, the same wholesaler contacted us and stated one of the parties interested in the house wants to talk to us about buying the contract from us. We contacted the interested party and negotiated with them, in the end, we assigned the contract to them for a $25,000 assignment fee.

Wholesale Details

Property City:
Sarasota
Property State:
FL
Purchase Price:
$235,000
Sale Price:
$260,000
* 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

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