Susan Rodgerson

Golden Road Inc. in San Pablo, CA

Susan Rodgerson with Warren Rodgerson

This project was found through a call with a realtor on a different property that was listed. We asked the realtor if she knew of any other fixers and she brought up this one! We funded the project using hard and private money lenders that we have formed great relationships with through numerous deals. Improvements we made included replacing all windows, installing new laminate wood, carpet, and tile flooring throughout the house, updating the kitchen and bathrooms, and replacing the roof. Pre-construction, it looked as though the foundation could have been a major issue but it ended up just being a tree root that was raising a corner of the garage and was a simple fix. This deal was unique because we were closing right as COVID restrictions were implemented so we were able to negotiate $32,000 lower than our initial purchase price because of the uncertainty that came with the pandemic.

Rehab Details

Property City:

Fairfield

Property State:

CA

Purchase Price:

$240,000

Repair Costs:

$117,498

Holding Costs:

$60,435

Sale Price:

$477,000

* 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 wouldn't have gotten this deal if it weren't for the knowledge we gained from attending The Office Systems Academy! We learned the process of the Daily Discoveries and the script for calling listing agents. One specific tip that really helped us find this deal is at the end of a call with a listing agent, always ask if they know of any other fixers. It is a simple yet very effective strategy.