Jonathan “Legacy” Perez and Patricia Kaniowski
We found the property through a Southern California Wholesaler. The seller was distressed and the wholesaler was able to negotiate the property down $160k from the asking price of $1.3M. The wholesaler charged us $60k for the deal. We knew it would be profitable and we wanted to do a larger project after having completed…
This was a rented duplex in the North Division neighborhood. We partnered with another company on this deal.
We ran across a commercial property on the MLS in Donna’s hometown in WV in 2019. The property consists of a 20 unit apartment building, a 4 unit apartment building, a small 1000 sf store, a house and a vacant lot. This particular property had been on the MLS for years and was in foreclosure.…
The deal came through relationships with the family of the deceased owners. I used private money to fund the purchase and rehab costs. The property was an older home built in 1959 and needed to be undated, especially with the electrical. The project was a total gut; the property had been sitting vacant for almost…
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…
We found the property ourselves (my husband) on realtor. We did major cosmetic repairs throughout the house with sheet rocking and painting the house. We refinished the floor downstairs and polished it. In the upstairs unit, we put laminate flooring throughout. We redid the bathrooms and replaced everything. The kitchen we opened it up a…
This property was a foreclosure that had been vacant for 4 years.I found through my Zillow app the day it was listed.I used the listing agent and an escalation clause to squire the property.It was too “rural” for my HML but I thought it was a great deal,so I funded this one with a HELOC…
704 StonyMeadow was a deal brought to us by one of our PML. Our PML has continually been impressed with our impeccable systems, fast turns, and amazing returns, because of this he presented us the with this pre foreclosure that he had. He provided the deal and the money and closing time ran the rehab.…
This deal came to us via a wholesaler. One afternoon, we were checking our email, ran the numbers in the deal analyzer, and they made sense as a flip. We locked up this deal ASAP. We did run into some challenges because our inspection was the day of closing (07/28/21) and we discovered the tenants…
Great 9 unit rental acquisition we purchased from a Fortune builder student wholesaler! We purchased this property for $305,000 We spent $90,000 renovating the property We just refinanced the property and appraised value came in at $650,000 We refinanced 450,000 at 4.5% on a long term fixed rate and pulled 50,000 out tax free on…
We bought 8 properties through JWB in Jacksonville, FL, in two separate closings. This was through the Passive Income Club.
We bought it from a wholesaler and it was an existing duplex. We we converted it in to a single family instead. It was funded by my private lender. Its in the historic district, we gutted the whole house. What is unique that it has a ADU, separately metered which added a lot of value…
We found this deal driving for dollars and doing "one off" handwritten letters to property owners. This house is in a historic district and was our first full rehab in an historic district. We did not LOVE the idea of complying with the historic requirements but knew there was opportunity here. According to the numbers,…
We found a motivated seller with a two family home that needed some updating. In evaluating the deal, we determined the home had high potential for increased valuation and cash flow. We updated the units and lived in one while renting the other. The rental covered our expenses and allowed us to save for the…
This deal I found on the daily email that I get from my realtor. I bought this from a 1031 Exchange in which I sold a negative cash flow property and was able to buy this and another property for a positive cashflow. The beauty of this deal was that it can with a very…
On May 28, 2021, we closed on our second purchase of cash flowing portfolio of 8 single side-by-side unit townhomes (2 lots with 4 units on each lot). We now have a total of 17 doors and we're really excited about that. Our main job now is to reach our initial goal of 90 total…
2/2 duplex in the Walnut Hill neighborhood of Milwaukee, WI. Both units were rented out.
This property was purchased using Solo-K money through the Passive Income Club. We purchased this property from JWB and they will also be handling the management of the property.
Wholesale deal with minor repairs. This was our first time purchasing a commercial property.
This was a distressed single family home listed on the MLS. Upon the initial walkthrough, we identified major structural damage throughout the property. After successful negotiation, we purchased this property with a hard money loan and gap funding and quickly began to work on restoring this property. The entire subfloor and parts of the foundation…
Found this deal on Zillow. It was a dated house with a motivated seller. We put this deal together by offering cash with less than 30 days of closing and had the listing agent dual rep for us. We originally set out to rehab and sell the property, but found that renting the house provides…
We acquired this property through our HML contact as a Wholesale deal. A total renovation was needed as well as knocking down some walls to create an open floor plan which is very popular out here. There were three tiny closets in the master as well as a five-foot high sliding glass door an another…
This was the third home we had purchased. We told our real estate agent that we were looking for a rental property. She came across this property as a pocket listing and thought it would be a great rental for us. We purchased this property in the end of April and began to see the…
We bought this home through a wholesaler at a right price. It was a complete fixer.
We have an investor friendly realtor who brought us this deal off the MLS. We purchased the property with a HELOC. We used a business line of credit to fund the repairs. The interior and exterior was painted. New flooring, cabinets, garage door and opener. This property had a very large laundry room off the…
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.
This was our first deal. We had been talking with different realtors in the area to let them know what we were looking for. We got a call about a foreclosure property the next town over. We were all set with funding for the closing but 2 days before they backed out. We scrambled to…
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…
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…
