Rachel March

Step Stone Property Solutions in Denver, CO

Rachel March with Landon March

We received a response from a Direct Mail postcard from a landlord in her 70's who felt like when she got our mailer it was "God tapping her on the shoulder" so she reached out and asked about us buying her portfolio of 5 properties so she could retire. She only wanted 300k per unit even though she could have gotten more it would just be too much work for her and she was more interested in selling to an investor who would buy all 5 of them and keep her tenants in place. Her concern was more for her tenants well being and we added language to the contract to make her more comfortable about her tenants being allowed to stay. Our company is so new and without any capital to play with wasn't able to buy them but we told her if we could get them under contract at the price she wanted we would find her an investor buyer who would buy all 5 and keep her tenants in place. She agreed.

Wholesale Details

Property City:

Denver

Property State:

CO

Purchase Price:

$1,500,000

Holding Costs:

$5,000

Sale Price:

$1,525,000

* 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?

The coaches were a HUGE help! We were scheduling calls all the time to get us through because each step of the way we had more and new questions. We rewatched the curriculum on wholesaling and we used all the training that we received and the advice of the coaches to find a buyer for this deal! The contact that came through with a buyer for us was someone we met during our full immersion training and kept in contact with.