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rehab DEAL

Elizabeth Butler

Imagine Home Buyers in Meridian, ID
Elizabeth Butler with Sean and Elizabeth Butler and Hatasu Tankersley

This was an MLS listed deal that we made an initial offer on in March. Through months of follow-up and watching the property continue to take price reductions, we re-stated our original offer. We acquired the property through Private Money Lending funds and were able to renovate the full interior including flooring, cabinets, lights, and other fixtures, and even added a front patio privacy fence.

Rehab Details

Property City:
Boise
Property State:
ID
Purchase Price:
$170,000
Repair Costs:
$21,000
Sale Price:
$241,000
* 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?

Through the use of the FortuneBuilders deal analyzing tools and rehab management training, we were able to increase the "sizzle" factor of every item that we used in this property while staying on budget. Through templating our rehab plans we were able to maximize carry-over of items into this space to maximize profit and reduce our rehab costs to the lowest price-per-square-foot to date.

Before & After Photos