FortuneBuilders Student Success

Found this sfh (converted to a duplex) on the MLS. I went through the Agent Lead Sheet with the listing agent and gathered as much info as I could. I checked rental rates in the area to see what rents I could get once it was rehabbed then scheduled a walkthrough with the listing agent.…

Our agents presented this deal from the MLS. We had just sold on across the street a few months back and they were impressed. We used a combination of Hard money and Private Money. This home had significant foundation damage, which deterred a lot of buyers. We saw the potential of it being in a…

We purchased this property with a VA Loan and after joining FB we’ve decided to start our first rental.

My PIC coach worked introduced me to JWB Real Estate Capital. I gave my requirements to JWB and they sent me a list of properties to choose from. This property was in the process of being fully renovated when I acquired it. The funds came from the equity of one or my properties that I…

A friendly competitor of ours were going to list this duplex located in the Lincoln Village neighborhood of Milwaukee, WI. We had a friend that bought the property prior to them having to list

Cold callings

This property is located in North Idaho. Our realtors had been working on getting the deal for almost a year. Once the owner was ready they brought it to us. This was a unique property with so much potential. It is on 13 acres with no visible neighbors and it has city sewer & water.…

We received this property as a referral from a passive income club Coach we've been working with to acquire residential and smaller multifamily properties. He knew our buying criteria and referred us this property as part of a portfolio liquidation sale for one of the FB directors. We completed our due diligence within 24-48 hours…

This deal was brought to us by a long time friend. It was his fathers house. The house had been sitting vacant for 8+ years. The property sits on 5 acres, The main house was 6 bed, 5 bath, 5400 SQFT plus den and 1000 SQFT Game/bonus room as well as a 5400 SQFT, two…

A great Realtor we have worked with over the last 1.5 years received a lead from another agent at her brokerage house. This was a distressed property where the mom had passed away a few years back, and the daughter who lived in another state had recently lost her tenant and didn't want to deal…

We found this off-market property through our local marketing networking. The scope of work was a total gut renovation as well as an addition on the back. We added a family room and mudroom on the first floor; also added a master bedroom, master bathroom and walk-in closet to the existing 2-bedrooms on the second…

We found the deal as a pocket listing from our Realtor. We immediately put an offer in once it hit the MLS. We funded the deal with a HML and some of our own funds. The house was empty for 5 years and we bought it from another investor who wanted to get out of…

This was a 2 house package picked up from a wholesaler. Had to buy both houses to secure the deal. The other house will easily generate 52k profit, but could go as high as 75k, given the comp this sale has created for us.

This deal was brought to us by a wholesaler and was partially financed with a hard money lender. There were wetlands on the property which drew out the permitting process. This was exasperated by COVID 19 as in-person meetings with town officials were not possible; it took us 4 months before we could get started…

This deal came to us through a wholesaler we saw advertising on a local Facebook group. We used a local hard money lender to fund the purchase and rehab. This was mostly a cosmetic project, we opened up the central wall between the living and kitchen to create a more open-plan layout. We finished the…

This was an off market deal. It was listed with an agent, but the agent only knew a limited number of buyers willing to take on the project. We stepped in an offered to purchase it knowing we had buyers that would gladly take on the project. The sellers were happy to finally be rid…

When my husband Jesse and I attended the 3 day bootcamp with Elisa Stabile in San Antonio, TX, she mentioned we could find deals on craigslist and also the MLS system. We found this deal on MLS and it was originally listed for $180,000. I also learned from Fortune Builders that we need to bid…

Off market deal brought in by realtor. Negotiated contract and resoled wholesale for quick profit.

Wholesale Deal - BRRRR strategy, repaired, rented and refinanced. We'll refinance again about 2 years out to pull our 20k back out. We already have about 35k in forced equity.

We found the deal on the mls for $110,000 and we put it under contract for around $100,000. After having an inspection we found lots of termite damage. We renegotiated with the sellers and got the place for $75,000. We fixed the termite damage ($8000) and got a termite bond on it so there would…

We found the deal through a wholesaler contact of ours that we have known for years. We funded it through private lenders. This property was greatly affected by the Nashville tornado in March of 2020, and was deemed unsafe to live in (see attached photos). Thankfully, the property was unoccupied at the time. Seeing the…

The properties are a part of the rebuild Indianapolis program. These properties are distressed properties and are in need of many repairs. Using the tools provided through FortuneBuilders we found and were able to fund the properties.

We found this off-market deal through our relationship with our broker. He brought us this deal and we raised the downpayment through friends and family. This is a micro-flip with only cosmetic repairs. We upgraded and opened up the kitchen to make the whole living space spacious and seamless. We remodeled the bathroom, transforming it…

The western NC and Smokey mountain TN short term rental markets are virtually non-misses. When these properties are set up correctly, done with proper SEO, dynamic pricing, and good management they net 2-4k/mo in profit!

This property was brought to us by an old friend. Her and her husband were looking to leave the state and wanted to rid themselves of their California properties. This property was free and clear so the seller's agreed to seller financing. Overall, the house was in good condition but needed some cosmetic updates and…

I mailed letters to apartment complexes in Sept 2020 in my area that were owned for at least 10 years, and ones that I felt I would feel proud to own. A few weeks after the first letter, I received a call from a gentleman who said he was going to sell the property in…

Property belonged to a family member, it was funded with a rehab loan and seller financing for the property purchase. The property was two units and was completely gutted and remodeled.

XFactor completely transformed a 1970's house that was in poor, original condition into a spectacular, highly-desirable home. Angela added substantial value through innovative design elements, including sliding bookshelves that open to reveal a private office, a new landing area offering a place to for homework or gaming, and "Narnia" doors that conceal an entrance from…

We bought the property in Aug 2017 through a commercial brokerage marketing email. The deal presented an opportunity to fill multiple vacancies, increase in-place leases by 20-25% , in a very high growth area of St. Louis. We anticipated a 3-5 year plan to transition rents to market and fill some difficult vacancies. Even in…

We found this property through social media marketing targeted around suburbs. This was our first wholesale deal after joining Mastery and with this buyer.

This is the first turn key rental we acquired the beginning of this year. We found the deal through JWB turn-key properties which is great since the homes are rent ready with management company to handle it all including placing your tenant.

Eyeing this property for two years put two offer in different times and bank refused until the third time they accepted. Complete gutting, spent a little more than wanted, but was first flip and learned much, and still made nice profit.

We initially purchased this property in 2016 and used it as a rental. We knew that this neighborhood was highly desirable and decided it would make more sense to fix and flip. We added an approx. 315 sq ft addition that included a mud room/ laundry room, en-suite master bathroom and 3rd bedroom. The kitchen…

This was our first of three rentals we purchased through the connection of Passive Income Club. This was a completely turn-key solution in Kansas City which was the goal. A lot of people struggle not seeing a property they purchase but this is beautiful from our perspective.

We acquired this property while working on a very large rehab so we opted for a light rehab on this one. We kept the existing cabinets but changed out the cabinet doors and counters. We also added a shower in the existing half bathroom in the master bedroom.

We had bought 6815 Puffin Lane as a single lot which was originally 3 lots. I went to the county and had them divided back into 3 single lots which we then sold for 50k profit at the closing table plus 12% interest on $108,375 that was owner financed. Both of these deals went through…

Purchased Property 12/01/2020 from a Wholesaler for $180,000. Rehab. Time: 75 Days (Including the Holidays) Staged & Photos Taken: 2/14/2021 Listed on MLS: 2/17/2021 Accepted Offer: 2/20/2021 (3 days) Closed: 3/19/2021