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rehab DEAL

Stacey Kramer

Feenix Property Solutions in Hartland , WI
Stacey Kramer with John Kramer

This home was left to a church in a will. The church could no longer pay the taxes on the property and reached out to a realtor we work with and we struck a deal. We purchased the house in late winter when the roof was covered with snow, so we weren't sure if it needed a roof replacement or not. Of course it did! This was the first opportunity we had to knock down a wall to reconfigure the space for an open concept where the kitchen is in the middle. We refinished all of the original hard wood floors where we could. White washing the fireplace and making our own mantle cover was so much fun!

Rehab Details

Property City:
Waukesha
Property State:
WI
Purchase Price:
$150,000
Repair Costs:
$40,000
Sale Price:
$284,000
* 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?

Scope of work was so helpful to communicate what is expected for everyone. The repair estimator is so critical to figure out how much the repairs will cost. This is crucial to making the deal profitable.

Before & After Photos