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rental DEAL

Duane Averill

AT Property Group in Albany, NY
Duane Averill with Christine Averill

This gem of a house was completed in 2020 and was purchased with a renter in place and JWB was performing the Property Management. This deal was funded through my self-directed IRA SOLO-K account with a non-recourse loan.

Rental Details

Property City:
Jacksonville
Property State:
FL
Purchase Price:
$195,000
* 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?

John Blackburn on the Passive Income Club helped me analyze the properties and to set a plan in place to create cash flow in a 4 year timespan using the C3X formula. John also introduced me to the team over at JWB to help facilitate the transaction.