We found this rental property on Zillow. This was the second time the property was listed on the market for sale. The seller was very motivated to sell. It was listed for 114k and was assessed at 146k. We were able to acquire it for 107k. We decided to turn this home into a rental property because it was located in a rentals market. We put $2600 into repairs. It rented within three days for $1100 per month.
How did the FortuneBuilders team and resources help you to accomplish this deal?
Through the FortuneBuilders resources it helped our team learn how to evaluate a rental property.