FortuneBuilders Student Success

This gem of a house was completed in 2020 and was purchased with a renter in place and JWB was performing the Property Management. This deal was funded through my self-directed IRA SOLO-K account with a non-recourse loan.

This was our very first deal we found on the MLS and a huge undertaking for the first project! It was a bank-owned property that had been sitting vacant for a long time, even the utilities were cut. We gutted, reconfigured, and remodeled the first level of the home, including the kitchen, bathroom, and adding…

1119 Sq Ft 3 bed 1.5 bath fully renovated turn-key single-family rental. Purchased with traditional conventional financing with a 20% down 3.75 interest rate. the current estimated cash flow of $206 per month with a 23.81% rate of return.

This property was in bad shape. It was generating good cash flow for the owner renting each room individually with AirBnB, but she wanted to cash out. We negotiated a very good purchase price. We added a room and did a basic renovation to Section 8 standard, and got it sold 3 days after finishing…

Our friends were in a pinch when their tenants stopped paying rent and their new mortgage kicked in. We did our first "subject-to" financing which really took care of a lot of the heavy lifting to finance the project. It took a couple of months to get the tenants out, but once we did the…

This deal was brought to us via one of our Realtors. It was listed on the MLS and was a foreclosure and bankruptcy property. Walking inside this bungalow was a miracle...a miracle because the first time we drove by to visit the property, the seller's agent had left before we got there. So we scheduled…

This lead came from a multi-family mailing we did and was a mixed-use building on a high traffic corner in West Allis. We wholesaled this to another investor who owned other properties in the area.

This deal was found through a realtor off-market. The home was purchased conventionally. 190K came from a private lender, 50K from our own 401K. The exit strategy was initially to repair and sell, however, we decided to put it on the market and give it a shot as-is. We knew this house had a ton…

Found the deal on Facebook Marketplace assigned by a wholesaler. Funded by a hard money lender.

We received a response from a Direct Mail postcard from a landlord in her 70's who felt like when she got our mailer it was "God tapping her on the shoulder" so she reached out and asked about us buying her portfolio of 5 properties so she could retire. She only wanted 300k per unit…

Our real estate agent found the deal. It is a pre-foreclosure and the owner had moved out and want to sell for what they owned on the property. It was a win-win.

This was our second rehab but our first hard money lender/construction draw experience. Our realtor friend found this deal on MLS, it had been listed for nearly 300 days, and needed a lot of love! This was a big project, we had to replace all exterior siding and decks in addition to fixing the homeowner…

This deal was an off-market property found by one of the real estate agents in our network. She brought it to us knowing we love to flip in this Hollywood area. We funded the deal with a hard money loan of 80% of the purchase price and 100% of the construction. We also raised a…

This lot was a subdivision of a rehab right next to it I completed. This is my first build as a general contractor with my own license. This property is a 2434 square feet modern home with four bedrooms and three bathrooms. It has a cantilevered deck with an amazing 180° view of the mountains.…

We were able to acquire this deal from a FortuneBuilders wholesaler, Honorable Home Solutions.

We found this deal by executing the MLS offer system. I checked the MLS daily to see new properties coming online. The seller was distressed and was already working with a short sale negotiator. I called the listing agent and made an offer that day. It was a lengthy transaction but eventually, the bank agreed…

The deal was found on Zillow. The deal was purchased cash with the intention of re-finance it soon after closing. The house was rehabbed recently, so very minor repairs are needed with a total repair cost not exceeding $1000

Purchased and divided the lot. Sold lot for 70k Rehabbed the house and sold it for 310K.

OPA! We made a strategic choice to begin our real estate investment business 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 w/equity, that has an 18% or greater cash-on-cash return, are located in strong markets w/a great property management…

Purchased Property through the Passive Income Club, used the Passive Income Club Team to acquire the property from start to finish, everyone was very helpful and walked me through the process great system in place.

To God Be the Glory. This lead was a referral. I got the house under contract on December 8th and found a buyer on December 18th and we closed on 23rd. What 2020 it has been. When COVID-19 hit in February I went 6 months without doing a deal and leads that were motivated to…

We got this deal from a wholesaler from another state that reached out to see if we were interested in buying. We did a joint venture on this deal. We had a buyer that was interested. So our goal was to get this deal done quickly. It wasn't about the profit on this deal. It…

For 6 months we wondered when we were going to get our first deal. One day we were at a meet-up with Shannon and Jeremy Picker from our local Ventura County Mastery Facebook Group and we asked them how they were getting their deals. They told us from a wholesaler. That night i signed us…

We found the deal via a direct mail campaign to Absentee Owners. We funded the deal using a line of credit we have established through one of our lenders. This was the most unique part of the deal as the FortuneBuilders systems guided us to help build the relationship with a local credit union showing…

This was a probate situation we found on the MLS in April, right after Covid 19 was starting to ramp up here. We found an agent willing to video a walkthrough for us, to be safe. After viewing the video, we decided to tour it in person and submitted our offer. The agent was very…

We found this deal on the MLS as a foreclosure, a previous rehabber had taken it on and unfortunately underestimated the amount of structural work required to fix the property. We used both hard money and private money to fund this deal 100%. We took everything back to the studs, reframed the roof, sistered the…

We kept looking online for houses. Debbie found this one in pre-foreclosures. It seemed like a deal, advertised as a two bedroom/2 bath but when we walked we found it was a legal 4 bedroom / 2 bath! The place was a wreck. It had dog damage and holes punched in the sheetrock everywhere, water…

This deal was an REO listed on the MLS. After three offers on this property, it was finally accepted in May 2020. The rehab was the most extensive I've completed to date. I replaced the roof, solar water heater, and panels, termite damaged posts and beams, removed an unpermitted addition, installed a new electric panel…

This was my first deal in Ann Arbor, MI which is home to the University of Michigan and a college town. I took this deal after a Realtor I know insisted that this was a sure deal. The home was a 1940's house with a wet basement, and a basement wall leaning in, which is…

Found this house by mining Facebook during a break at the Wholesale & Acquisitions Bootcamp in Feb 2020. Purchased from a wholesaler. Sought out a PML in the FortuneBuilders Facebook community but ended up finding a JV partner that lives near us in Maryland. JV partner was Amore4Homes. The partnership has been great. We made…

This home was left to a church in a will. The church could no longer pay the taxes on the property and reached out to a realtor we work with and we struck a deal. We purchased the house in late winter when the roof was covered with snow, so we weren't sure if it…

This was the largest profit deal to date while in the FortuneBuilders community. It was a friend of ours who had decided they were ready to move but was not interested in repair costs to improve their home to make it market-ready or the lengthy process of listing their home and finding a buyer. We…

This was a pocket listing from a real estate agent. The owner did not want to spend any money to renovate or spruce it up. It had been a rental for many years and needed massive updating. It was a rowhouse on a lot of 2000 sf in a very sought after neighborhood of NW…

We found this property on the MLS it was a bank-owned property and had been on the market for a long time probably because it was only 550 sq ft!!. We had 2 lenders pull out a few days before closing but luckily we found a local lender who was able to help us close.…

We found this deal on the MLS, it was a foreclosure that had been sitting on the market for a while. To fund the deal we used a mix of hard money and private money which we found through local networking events. When we purchased the property it was a 3 bed 2 bath, we…

Purchased this property from another investor in the area that owns a number of vacant properties. We had talked about another property before, but I waited too long so it ended up being sold. So I looked at some of his others and we agreed on this one. There's a lot of work to be…

We obtained the home through a local wholesaler. We ended up gutting nearly the entire home down to its studs and installing new finishes throughout, rebuilt the exterior deck, and landscaped the entire yard. On the main floor, we removed a wall separating the kitchen from the living room and combined two small bedrooms on…

We discovered this cute 1350 square-foot deal the first day it hit the MLS through an agent on our team and offered cash from our HML the same day. It was a partial gut, and everything needed to be new - drywall, floors, kitchen, baths - everything replaced. New HVAC was added, updated plumbing from…

Per suggestions from our Internet Quickstart coach, my business partner was providing helpful information to other investors on a local REI group when we came across this deal. The feedback my partner provided resulted in a conversation about a property this wholesaler had in our community. While we had some PML's lined up for gap…

A couple of years ago, one of our team members met a local real estate agent at a networking event. They hit it off, grabbed coffee the next week, and even went on double dates. Her boyfriend, an investor, and wholesaler, brought this deal to our team. It was a single-family vacant lot at the…

This property was from a referral from another seller I was working with. The initial property was found through Facebook Marketplace. I didn't know how to handle the paperwork, so I reached out to my local network and a guy advised me to find a mover to buy it. I posted it on Facebook Marketplace,…

The deal was acquired through a private lender who foreclosed on a borrower and was offering it as a wholesale deal. The deal was funded through a fellow FortubeBuilders student who was looking to seek hands-on education by doing a deal. This particular rehab was a full gut with about 700sf addition, detached garage, and…