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rehab DEAL

Gary Massari

REI Fortunes, LLC in Danville, CA
Gary Massari with Ginger Crystal Faith

We purchased a 1186SF home and added 1322SF addition. From a 3 bedroom 2 bath to a 4 bedroom 3 bath with a rental unit. We converted the home from a traditional craftsmen, to a modern farmhouse with 15FT vaulted ceiling with gourmet kitchen and Island. We built a large 4x10 master bath spa with sitting area and free standing soaking tub.

Rehab Details

Property City:
Kensington
Property State:
CA
Purchase Price:
$860,000
Repair Costs:
$654,000
Holding Costs:
$800,522
Sale Price:
$1,800,000
* 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?

I took the rehab bootcamp twice, and used the SOW system. I was able to control my cost, negotiate strongly with subcontractors and the greatest benefit was purchasing the materials directly, amazing savings here. I used the 5 critical documents and wrote all the contracts for my subcontractors. I will say this, I am able to build luxury homes today that sell between $3,000,000 to $4,000,000 as a result of this training and systems.

Before & After Photos