FortuneBuilders Student Success

This deal was found on the MLS and self-funded. This was a complete rehab on a historic home in a historic neighborhood. New roofing, custom exterior painting, restored original wood flooring, converted family back to original 2 car garage with custom doors, gutted & remodeled kitchen to open concept w/ dining room, gutted & remodeled…

This deal was found through a contractor whom we worked with previously. The owner of the home was using it as a rental for his daughter. He discovered the pipes had burst when he was about to put it on the market. Rather than putting it on the market he reached out to our contractor…

This lead came in as a referral from another investment company. The seller needed time to find assisted living and we were able to help her and work on her timeline.

This deal was completely unexpected as to how it turned out!! A longtime family friend reached out to us regarding his father’s house. His father had fallen ill and needed to get out of his house. However, this house had a reverse mortgage on it and was not worth what the mortgage was. So we…

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 w/instant Equity, has an 18% or greater Cash-on-Cash Return, are located in strong markets w/a great Property…

This was our first deal on the MLS. We purchased the property 20% under market value and funded 20% of the deal with our own cash and conventional financing for the remaining 80%. We completed a light cosmetic rent-ready rehab which included minor electric, plumbing upgrades, and a new water heater. A 2-year rental agreement…

This deal was found on Facebook Marketplace. The property was purchased using a private money lender in July 2019. We rehabbed the kitchen, bathroom and utility room. We also painted throughout. A 2-year rental contract was signed before the project was completed. The home was occupied in September 2019 and we did a 100% cash-out…

We found this deal while driving for dollars and decided that wholesaling the property would be our best exit strategy. What's unique about this deal is that we successfully wholesaled it without even meeting the seller.

A mortgage with Stifel Bank

This was an off-market deal that was brought to us by one of our realtors. We used a hard money loan for 1st position and private money for 2nd position. The private money was funded by a fellow FortuneBuilders TEAM!! This property was a full rehab we upgraded, roof, stucco, windows, rails, kitchen, bathrooms, floors,…

This deal was referred to us through a person we met through a mutual friend. We’ve been working on establishing a lending partner with her and even though she hasn't committed any funds to any of our projects (yet), she reached out to us because her friend was having a hard time with tenants just…

This was a deal on a mobile home in great condition inside of a mobile home park. The seller called me off of a bandit sign. I explained to the seller my intentions of bringing in a funding partner to purchase her mobile home and she was fine with it. I contracted the mobile home…

I found this amazing deal through a wholesaler from a FortuneBuilders student. The location was the reason we bought this property and decided to make it a short term rental property. The home is located on the border of MD and DC and is within two blocks to the metro on both the DC and…

We found this deal through our local realtor. The asking price was $67,500. We talked the seller down on price because we knew that the house would need $60K in renovations. The home was built in 1940 and needed new plumbing, electric and gas lines, new roof, foundation, everything. We did encounter some added challenges…

This deal was found off-market via word of mouth and negotiated directly with the sellers. They were able to avoid realtor fees by selling the home directly to us. We had a buyer in less than 48 hours after using the systems to market the property to other cash buyers. This deal was funded by…

We found this deal in one of our favorite neighborhoods at the beach through a probate situation. A friend of ours was dealing with the loss of both of his parents and wanted our help. We walked him through the probate process and about 6 months later he came back to us and said he…

When I joined FortuneBuilders I knew I would be retiring in 4 months. John Blackburn suggested I buy a rental property to supplement my income. One of the first things I did upon joining FortuneBuilders transferring my retirement funds to a self-directed IRA. This enabled me to pay cash for the rental property and get…

I found this deal on the MLS and used private money to purchase the property. I made all the necessary repairs, which included the roof, concrete driveway, painting, and new carpet. My tenant moved in on November 1, 2019.

We found this deal through driving for dollars with a direct mail follow up campaign. The seller contacted me after receiving my letter. My wife and I came out to look at his property, did our repair estimator, and gave him our offer. He and his wife said that we seemed like trustworthy, honest people…

This was a house in a great neighborhood. It was newly painted inside and out when we bought it but had a very high pest report. We cleared the pest report which included much stucco repair, replaced some foundation including new support for a lovely working fireplace, made seismic upgrades, completely remodeled the kitchen to…

My JV partner Sheila had a realtor bring her this deal. She had the HML lined up and I came in with gap funding. The 1st week the contractor's bid was going up and add'l concerns required us to switch contractors. We moved very quickly to update the house, replacing floors, kitchen, and 5 baths.…

We bought this property at an estate auction. It was outdated and needed some TLC. We originally planned to sell it, but after seeing that the rental market was very good and we would make terrific cash flow, we decided to rent it.

We used local foreclosure leads from our programs to identify that the property was in foreclosure and called on it using our call center associates. We scheduled a walkthrough of the house with the client and attempted a few different strategies that would assist him in keeping the home. After identifying that he would be…

I met a Real Estate agent at a meetup group and she was helping a client look for a Las Vegas Property. She found the property, which matched my budget. I found a lender through FB Mastery student in a different state. I got a Great Property manager to do the rehab. I used the…

We inherited a house in rural Alberta Canada 2 years ago with over $100K in debt. At the time we were not in FortuneBuilders and had to rely on the realtor’s evaluation of the property for a selling price and it was way too high. The number was the ARV with a finished basement. Once…

We’re members of our local Chamber of Commerce and this deal came to us through a referral from a Chamber Ambassador. The house had been on the market for a while, the seller was in a hard place financially, was behind on taxes, and wanted to close before Thanksgiving. She originally had the home listed…

I found this deal through a co-worker from a single mother who was ready to move to a different city. To create a winning situation we were able to assist with her relocation by providing her with a free month of rent as part of the deal. This deal was funded by a Hard Money…

We started researching for wholesalers and talking to hard money lenders and also utilized the deal analyzer. We completed a full rehab on the house, everything inside the house was replaced which included a new kitchen, flooring, bathrooms, sliding doors and paint inside and out. We did the final walk-thru with a contractor and made…

Networking with another FortuneBuilder.

John Blackburn set up our introduction, and also found a deal for us. The building has been completely rehabbed by East Street Properties. The uniqueness of this deal was the city was involved and delivered a myriad of incentives for utilizing and encompassing upon the property.

This property was listed on the MLS. We were looking for properties that would make good short term rentals. This property is in the perfect location close to Arizona State University and also Tempe Diablo Stadium for Spring Training games. We funded the deal with conventional financing. The house had been recently remodeled and had…

This was easily the grossest house we’ve ever purchased. Worse than a drug house or hoarder house. We were the only buyers willing to move forward with it because it was in such bad shape and smelled! The seller was thrilled because they didn’t have to fix or clean the house. They were able to…

We found this deal on the MLS. The property was on the market for 8 months and the seller was eager to sell. We funded the deal with a PML and HML (Complete Lending). There were a couple of unique things with this deal: 1) The PML was our end buyer also. So, they invested…

This teardown and new construction project I found through a wholesaler. I just moved to the Nashville area and wanted to learn how real estate was done here vs. out west, and I wanted to learn “fast”! The house I demolished the house and rebuilt a new one using a design plan I found from…

This rehab duplex is the second property we closed on in Jacksonville Florida and it was ALREADY OCCUPIED! The 3-bedroom, 2-bath home includes a 1-car garage and is approximately 1,100 square feet. We purchased the property for $135K and is currently renting for $1,100 a month with a 2-year lease.