FortuneBuilders Student Success

This deal came through an REO realtor who was working with a consolidator of tax lien owned properties. The home hadn't been updated for 40 years, and the prior owner appeared to be a hoarder. We completely redid the kitchen and upstairs bathroom in this bi-level home and built a brand new bathroom on the…

We found this deal working with a real estate agent on our team focusing on short sales as we had the experience on our first deal that was a short sale. The deal was funded using Hard Money, Private Money from FortuneBuilders Mastery Students & cash. This was a total gut, rehab and addition project…

We received this lead through a mailing and the seller was in the process of moving to FL. This is a 2-bd, 1-ba brick cape cod, built-in 1949 and located in the Southpoint neighborhood of Milwaukee, 53221.

My agent found this rural property through a client that was looking to sell quickly. I bought the deal with my own money. I had plans to renovate the property and had a buyer lined up. However, my agent knew a couple that had a small budget for a home and our subject property fit…

I found the deal from a yellow letter campaign. It was a off market wholesale deal.

We found this deal while at an REIA meeting. It was from a wholesaler and we JV'd with a partner; we brought the money and our partner brought the know-how. The inside walls were covered in shiplap and galvanized siding. One room had chickens living in it. We were able to beautifully update it, with…

Purchased property at foreclosure. Used own funds initially---refinanced through the bank. Light flip---paint, carpet, pressure washing, countertops, maintain the lawn, added a new roof.

Got the property under contract through a second-tier realtor lead from outbound text marketing and ended up assigning it to our other realtor's repeat client. What I learned in this deal is that I shouldn't assume the way I run my numbers is the same way everyone else runs theirs. The holding costs and rehab…

We bought this as a bank-owned property and held it as a rental for a number of years. We bought for 132,000 with conventional financing (ARM) and cash-flowed between 350-700/month depending on the interest rate. We cleaned it up with new kitchen cabinets and counters and appliances and paint are carpeted the entire house. $18,000…

I was referred to this deal by a contractor that said he had a former employee, an army veteran, that needed to sell his home. The seller had financial difficulties and several complexities that I worked through with him. In fact, I lent him money to pay off creditors that were at his door -…

I found the deal on the internet by surfing bank foreclosures by the names of banks. I funded the purchase and repair with hard money. Repairs included minor foundation repairs, replacement windows, and doors, full bathrooms remodeling, new hot water heater, new ceiling fans in all rooms, all new kitchen appliances, added laminate floors throughout…

We acquired this property from a wholesaler, it was a 4 bed 2 bath in one of the most sought after school districts in Ocala. Took 92 days from the day we signed the deed, until the day we put under contract. Called this the "smokehouse" since it had been smoked in for 30 yrs.…

Found it on the MLS! Funded the deal with PML and HML. The lot had an old home on it. We actually hauled the home away and someone rehabbed it, we call that upcycling!! We love it because it doesn't just get demolished and go in the landfill. Not all homes can be upcycled, in…

We found this deal through a local wholesaler, we negotiated the price down and funded it with a local PML we met from networking. We were able to add an addition on the second floor which allowed for a substantially bigger second bedroom and large bathroom. We also exposed some brick in the breakfast nook…

We previously purchased a property from Memphisinvest cash. We now were looking to purchase 2 properties. We contacted the Passive income Club. John Blackburn worked with us, helping us put together a plan of action according to our goals. My wife and I are retired, therefore cashflow was important; but we were also wanted to…

We found this deal by networking through meetup groups and met a realtor pair that wanted to start wholesaling. After meeting with them and showing them our business model, they immediately thought of a house they had just seen and took us to go see it. The homeowner wanted $400k for it but eventually settled…

I purchased this deal from a wholesaler who I work frequently with. This was a complete gut rehab creating an open floor plan. Added a bedroom and bath taking the home from a 3/2 to a 4/3.

Total Rehab of Pocono Property. We took too long (10 months), but learned a lot. Happy with the end result!

Found property through a prior client my wife had helped purchase this very same house. They were buying a larger home due to needing more space as their family had expanded. The seller had already found a home to purchase and agreed to sell to my wife and I. This helped him move into his…

College Station, Tx is a college town that due to Covid-19 and expansion at both Texas A&M Universtity plus Blinn College has seen a rapid growth in the student rental housing market. We looked to purchase our first rental property here after the issues of housing this summer were brought to our attention from our…

REO referred to us by realtor that had been sitting for over 2 years. Funded by a local hard money lender that we networked with at a REIA meeting, and hired general contractor via referral from another local REIA group.

We acquired this deal from a wholesaler that tracked and purchased it at a discount from an MLS listing. Repairs included: new roof, new electrical, plumbing update, paint inside and out, and a brand new custom kitchen.

This was kismet! I was helping out a good friend's mom who had a 1031 exchange she was exercising and needed an agent to show her properties. At first showing, she was not interested in the property because it needed to much work. It was an REO, on the market for almost a year and…

The seller's daughter had been staying at this property but was moving out and the seller was interested in selling their property "as is", fast for cash because they did not want to be a landlord. This property was located in Milwaukee, Wisconsin in the Williamsburg neighborhood, 53212. This is a 2-bd, 720 sq ft…

We found a private money investor who we borrowed $105,000 from for the initial purchase of the property. The purchase price of the property was $100,000 and with the extra borrowed we did some minor repairs to the home (electrical, stucco work, appliances, and clean up.) We then started the refi process and the property…

Deal suggested to us by one of our buyer's agents. He was also the listing agent and knew this property had the potential for us. The property was in good condition, just needed cosmetic attention, i.e. paint, new flooring, minor repairs throughout. Property is half of a duplex but, unlike the others, is adjacent to…

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 with instant Equity, have an 18% or greater Cash-on-Cash Return, are located in strong markets with a…

We found this deal on the MLS as a foreclosure. This was a 2 bedroom townhouse with good bones, located in an area in which many homes have been or are being updated. Energy efficiency was my goal. We replaced the HVAC, Double French door, Front door, all new windows, new vanities, commode, Tub and…

We purchased this property on auction. It had been vacant for two years. A complete basement remodel with a bathroom upgrade was completed, and a new furnace. Upstairs the cabinets were painted, new countertop, new windows, updated flooring, bathroom remodel, and new paint. There were also landscaping updates made outside prior to the winter.

This property was purchased off of the the MLS, repairs made on this house were full kitchen and bath remodels, coverted over to NG from oil adding a brand new heating unit. Plumbing, painting, driveway, sheetrock.

Our team was connected to the wholesaler through a fellow investor we knew. He was a new wholesaler and was having trouble finding a buyer for a property that needed such extensive work. In Nashville, we are known for taking on challenging projects: no job is too big for us. The homeowner was a single…

Our training with FortuneBuilders gave us the confidence to tell others we are real estate investors. Knowing our construction background, a neighborhood realtor took us to this deal. The neighborhood is in transition with some small homes being torn down and new ones built. We purchased a small home with foundation issues, tore it down,…

We found the deal on MLS and purchased it in December of 2019. This was our very first flip! We self-funded the deal. We gutted the entire first floor and opened it up and added an LVL beam. We turned an enclosed porch into a second full bathroom and finished the basement, adding a total…

We literally went up against 18 other offers and we locked this property up. Did not have the highest offer but did have the best terms and relationship capital.

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…