FortuneBuilders Student Success

This was a 2 by 2 duplex located in the Park West neighborhood of Milwaukee, WI; built-in 1908, 2246 sq ft, 2-car detached garage, 66% rentals in area. Seller was getting older and her son was staying there to watch property but was moving.

This deal was unique because it started out as a rental some years back, which needed a lot of repairs. This renovation shows us the importance of having a property management company. after renovations, the property had an over sale price offer the first day on the market. The original sale price was $179,000.

This deal was found using direct mail marketing campaign. A new kitchen floorplan and living room with all new floors were added to this project as well as upgrading the bathrooms. The exterior was a small lot, we added sod, updated the deck, and lastly repaired the existing pool.

We found this deal through a real estate agent. It was our first deal. It was listed for 280K and owned by the bank. We gave an offer for 250K. It was not accepted. Later, the bank sent a counteroffer for 274K. We did not agree and offered 260K, contingent on fireplace inspection. Our offer…

I bought this property through Jacksonville Wealth Builders with the help of the Passive Income Club.

The property is a 2 bed, 1 bath located in Haltom City, TX about 20 minutes east of Fort Worth. it was purchased from a regional wholesaler at a reasonable price. The house needed some TLC as it was outdated and not well kept. We installed new vinyl flooring in the kitchen and hallway as…

This was our first purchase with our Solo K money. We have purchased 2 other deals to rehab and flip and we are still working on those properties, so focusing on using just using the Solo K money with a two week turn around on the rehab has been a blessing.

We acquired the property from an off-market wholesale deal derived from a "Pick your Neighbor Party" flyer and funded the deal using a hard money lender. The most notable renovation was converting a jack-and-jill bathroom into 2 full bathrooms. The plumbers had to get creative, but this resulted in an ensuite full master bath and…

I found this deal through a high school friend who is an agent and knew I was investing in the area.

We have forged an awesome relationship with a few agents and brokers in our market, who know that we will move fast on the "right deal". One of these agents, who we have done multiple deals with, gave us a heads up on a multi-unit which was about the hit the MLS. He gave us…

We found this deal 6-months prior to joining FortuneBuilders through a wholesaler and fully funded it ourselves. The rehab was a full gut renovation including a new roof, siding, and all windows. We also replaced all of the doors, add new electrical, plumbing, HVAC and insulation. After joining FB, we realized we made several “classical”…

OPA! Our primary Real Estate Investment business plan is implementing a passive income strategy by building our Rental Property Portfolio and taking advantage of the many long-term benefits of owning real estate. We Buy and Hold Rental Properties with instant equity, property that has an 18% or greater cash-on-cash return, properties that are located in…

I found this property driving for dollars. I made an offer, they declined but a week later she called me back to accept it. This is an older property that had good bones but was outdated and needed a lot of cosmetic repairs. I gave it a complete rehab and got an offer after a…

I found this property through my contractor who referred me to the seller.

We found the deal through an acquaintance on Facebook. The seller had some health problems and was moving in with her sister who contacted us. We were able to negotiate a subject to purchase plus pay the seller $5,000 on top. Our original intention was to rehab and sell the property. I saw a post…

Decided to purchase a 1 bedroom condo for a rental property and rehab it. The cap rate is about 16%, this was a low purchase price which created fabulous results.

Purchased two multi-family properties, a total of 16 Units (12 residential and 4 commercial). Negotiated the price down due to poor condition of Class C Building. The original asking price was around $340,000. Got the owner to reduce the price to approximately $307,000 including an additional 20% $62,000 sellers credit which was used for the…

This deal was purchased off the MLS and was funded using a combination of personal funds and hard money. Wall was removed on first floor to create open floor plan. Hard wood floors in living room and first floor bedrooms were refinished. Half bath in the basement was turned into a full bath. The roof…

Found this house on MLS and funded the deal through a Hard Money Lender, Flip Funding. We did an entire remodel on the kitchen and 2 bathrooms. Opened up the living and dining area to create an open concept. The siding needed to be replaced and the electrical needed to be updated as well. We…

I found this home through the MLS. It was on the market for over 90 days. The owner had inherited the home after his mother died some years back and he was having a hard time taking care of the property and the liens that have been filed against it. The homeowner was very grateful…

My first deal was a one-bedroom condo in Madison, CT. After many offers, I got this deal through an agent on the MLS. The unit was never updated and had old kitchen appliances and cabinets. As part of the rehab, I upgraded the kitchen and the bathrooms, patched and repaired walls, replaced few windows, replaced…

The property was a 3-bedroom / 2-bath referral from a real estate agent. The property was outdated and needed a full rehab along with adding additional living space. Walls were removed to open up the house and the existing garage was converted into additional living room space making the house different from all the others…

This deal was secured via Craigs List advertising. The price was low enough that I was able to finance it myself. Overall the interior was in good shape with some fluffing, however, the landscaping needed a lot of work. Most of the work was spent in the kitchen, I took it from drab to WOW!…

We found this deal while looking around our neighborhood for vacant homes. We noticed a home had a lot of bushes and trees around the door. After contacting the owner we set up a time to look at the property and made a deal! This home was in great condition but really old and sat…

We purchased this property from an online auction. It was funded through a line of credit. Renovations include new kitchen cabinets, quartz countertops and appliances, two renovated bathrooms, refinished hardwood flooring on the main floor and new luxury vinyl plank flooring in the lower level game room, new furnace and central air conditioning, freshly painted…

We are very blessed to have a realtor that finds cash deals for us. I tell realtors "If it smells so bad that you can taste the house, that's the house we want". That is the taste of money! Our business established a line of credit that allows us to purchase distressed properties. This house…

This was a raw land deal. Improvements that were needed, were made to the property.

Purchased through the Passive Income Club with Memphis Invest.

We found this deal on the MLS, we sent it over to our agent and he told us that it was a probate. It had 10 offers on it and our was the lowest offer! However because we were able to implement everything that we have learned through FB and NEGOTIATE we were able to…

This deal was a purchase from an elderly seller who was currently unable to handle her large home. The home was built in1968 so we renovated it to make it modern with an open concept kitchen and better flow introducing modern touches like mini-split heating and cooling, en-suite bathroom, all bathrooms have radiant heating, efficient…

This deal was found while driving for dollars. We negotiated $7K off the purchase price and got the property for $142K. We completed $5K in repairs and rented the house out for $1,450 two days after it was listed.

This property was found online and funded with money from our first flip and portfolio lender. This is a turnkey unit that needed minor repairs, blinds and some bedding. The location has an ocean side and pool access.

This property was purchased on Auction.com and financed with hard money and private money loans. One unique factor about this deal is that it was our first deal and it was one of three properties that we acquired on the same day through auction.com. The property sold for $21,400 above the original appraisal and ARV.…

This deal was found via Pocket listing through our network. We added a new roof and trim and removed all of the bushes outside. The kitchen was opened up, creating an open concept living space. The master bathroom was remodeled, and we gave the hall bathroom a facelift re-enameling the tile and counter. All cabinets…

This was a new build. We found the lot on the MLS and built an 1849 sqft residential home. We founded it with 70% financing from our local bank.

I got this deal through a local realtor / MLS. I completed cosmetic repairs, paint, carpet, and fixed the doors.

Renew Opportunities, LLC was fortunate to be able to enter a JV agreement with JAM Properties, LLC who found the property through an agent. Renew Opportunities joined FortuneBuilders in December 2018 and we’re very fortunate to connect with a network of Mastery Students in OC California. It was through this network that we learned of…

I purchased this duplex through my agent, she was listing it and I purchased it without it going on the market. This deal was funded through a hard money lender. The duplex didn’t have one half. We rehabbed the kitchen, refinished the floors and painted the home. It was a quick and easy rehab.

I purchased this property from a seller who responded to a hand-written letter. She had rental properties that she wanted to sell quickly. We repaired siding issues and painted the exterior. Inside, we replaced the flooring, painted, updated the bathroom vanities, painted the kitchen counters, installed granite counters and new appliances. We also updated all…