Maria Enriquez

Ft2 Homes LLC in Hayden, AL

Maria Enriquez with Gabriel Perez

We found the deal through a friend who is in property management. We then started looking for a PML, the house is in a rural area, it was not very attractive to investors, we sent the information to another FortuneBuilders member and they called us back and offered to be our PML. Since it was everybody's first deal, we decided to do a joint venture that started a new and great friendship and business relationship. It was unique because it was a great learning experience, and all the friends, people, contractors, and hard work involved finally paid back! The property was on the market for only 72 hours.

Rehab Details

Property City:

Warrior

Property State:

AL

Purchase Price:

$102,744

Repair Costs:

$28,315

Holding Costs:

$12,221

Sale Price:

$185,000

* 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?

Our coach Erica May was of great help!! She helped us with the buying process, searching for PML, finding the best deals for the rehab, and many more things.