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rehab DEAL

Lance White

Turris Group LLC in Lincoln, NE
Lance White with Shane Taylor

Picked up this deal from a long time friend and investor. The deal was funded through a JV with a new investor. We added a bedroom and bathroom in the basement and took a bedroom out of the main floor to increase the living room size. We also gutted the kitchen and main bath. The most unique thing about this deal is that renovations were going on right in the middle of the 400% increase in material costs.

Rehab Details

Property City:
Lincoln
Property State:
NE
Purchase Price:
$98,821
Repair Costs:
$60,995
Sale Price:
$187,000
* 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?

FortuneBuilders education made this deal possible and because we knew how to buy at a good price the deal made money instead of losing.

Before & After Photos