Jonathan “Legacy” Perez and Patricia Kaniowski
This was a single-family home that had been converted to a duplex for the owner's daughter to live in the basement. We repainted the whole interior of the house, put in new vinyl planking, and upgraded the bathrooms to make this a nicely updated rental. We had no problem at all getting these units rented…
Due to the hardships that many are facing, it’s with mixed emotions that I share my first flip story. It’s been a crazy adventure filled with many ups and downs. I paid more on PP than advised, to beat out 26 other investors. Against advice due to low expected returns, I proceeded anyway. Jumped through…
We found the deal through a friend who is in property management. We then started looking for a PML, the house is in a rural area, it was not very attractive to investors, we sent the information to another FortuneBuilders member and they called us back and offered to be our PML. Since it was…
This property was passed along from a realtor that knew the landlord that wanted to get rid of it. It was funded by a private money lender. The entire house was gutted and remodeled. 1800 sq ft was added to the existing 1000 sq ft. An apartment was added over a new oversized garage.
We bought this project from a wholesaler. We made an offer $50k less than their asking price and they refused. Two weeks later, they called back and accepted. We found financing through MIRS Group, Mark Abramovich. This project was a cosmetic project... we painted, replaced flooring, kitchen cabinets, vanities, lighting. We did also add a…
We purchased another auction property. It was a 3 Bedroom 1 bath home with a 4 car garage in the country with 5 acres. We were originally going to rehab it but decided to put it on Facebook Marketplace with just cleaning it out to see if we had any interest. Within 2 days we…
I found this deal driving for dollars, when I saw a for rent sign in the window, I called the number and ask the owner were they interested in selling. We made an offer and put the property under contract. We decided to wholesale this property because we had a end buyer ready to close.
We found this property through a JV partner. We shared the cost of the purchase and the rehab. We totally remodeled one bathroom, refurbished the hardwood floors, repainted all the walls and kitchen.
We found this deal through a broker based in Washington, D.C. We funded the deal with our own capital and a conventional loan. The renovation was a full gut - we replaced all the floors, plumbing, electrical, put in a brand new kitchen with all new appliances and new bathrooms. We also installed HVAC, a…
This property was found on the MLS, and funded with private money. Only minor repairs were put into the property.
Property purchased at auction and wholesaled it to another investor.
Our first rental property! Purchased from JWB Real Estate Capital's inventory entirely from our solo 401K retirement fund. Property had a renter in place as soon as we closed! Property acquisition and management teams at JWB could not be nicer and easier to work with. Thanks to all!
This was found on the MLS. It was listed at $169,000, we offered $105,000 and our offer was rejected. Two months later, the listing agent called and said we would have a deal at $115,000. After reviewing our offer and seeing if the ARV had changed, we stuck with our $105,000 offer which was accepted.…
This amazing opportunity was presented to us by one of our realtors as a probate property. We got this property under contract while attending a FortuneBuilders Bootcamp in October 2019! Once we were under contract, we secured financing through a company we were introduced to during a Bootcamp. We had been interviewing several contractors at…
This deal was a new construction project, I purchased the land and pre-sold the house even before breaking ground. This was my first new construction experience and a huge learning curve. This will be my niche going forward - Affordable housing in the biggest real estate markets in the country - Dallas!! I will either…
We purchased this house next door to our previous, pre FortuneBuilders, renovation all cash from the neighbor. She wanted to sell but her ownership was encumbered by the terms of her mother's will. We helped her through the legal process and acquired the house. We quickly gutted it and repaired the foundation. However, within 24…
We found the deal through a family/friend realtor who was looking to buy it for herself to rehab but thought the rehab might be too much to do so we took it off her hands. This was a mobile home in an over 55 demographic park. We funded the deal through a home equity line…
As my first project, I got lucky with this one. Networking – Social media was key to how I got this deal. It was a double-wide mobile home, totally gutted when I got it. Since everything was exposed, I had no surprises. Since it is a bit challenging to find lenders on manufactured homes, my…
This was an off-market acquisition in the house directly next door to one of our flips. We didn't need to fund the deal. We made no repairs. We created our own comp from our flip next door, which made pushed up what we were able to wholesale it for. We assigned it to fellow FortuneBuilder…
