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rental DEAL

Elizabeth Butler

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

We purchase this deal in cash from the profits of a rehab. There were no repairs to be made at the time and the property was already fully rented with long-standing tenants. We acquired this property through our property management company that had completed a full rehab of the rental units (duplex) in 2015 for another client. By working closely with our property manager and making them aware of our interest in growing our passive holdings they began seeking out great opportunities from within their managed portfolios as well as shopping the local market on our behalf.

Rental Details

Property City:
Muncie
Property State:
IN
Purchase Price:
$25,628
* 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 FB trainings around rental properties, finding the right team, and then giving them full trust in doing their piece of the work was game-changing for our busines. We've been able to stand up a very profitable holdings company in a market 3,000 miles away from our residence and manage rehabs and acquisitions through electronic communication. Understanding from Office Systems Academy that 100% (give or a take some paperwork) of our business could be digitized and managed from where ever we were in the world was also a huge game changer as we were able to streamline processes using DocuSign with our title company, sellers, property managers, etc.