Jonathan “Legacy” Perez and Patricia Kaniowski
We initially purchased this property in 2016 and used it as a rental. We knew that this neighborhood was highly desirable and decided it would make more sense to fix and flip. We added an approx. 315 sq ft addition that included a mud room/ laundry room, en-suite master bathroom and 3rd bedroom. The kitchen…
This was our first of three rentals we purchased through the connection of Passive Income Club. This was a completely turn-key solution in Kansas City which was the goal. A lot of people struggle not seeing a property they purchase but this is beautiful from our perspective.
We acquired this property while working on a very large rehab so we opted for a light rehab on this one. We kept the existing cabinets but changed out the cabinet doors and counters. We also added a shower in the existing half bathroom in the master bedroom.
We had bought 6815 Puffin Lane as a single lot which was originally 3 lots. I went to the county and had them divided back into 3 single lots which we then sold for 50k profit at the closing table plus 12% interest on $108,375 that was owner financed. Both of these deals went through…
Purchased Property 12/01/2020 from a Wholesaler for $180,000. Rehab. Time: 75 Days (Including the Holidays) Staged & Photos Taken: 2/14/2021 Listed on MLS: 2/17/2021 Accepted Offer: 2/20/2021 (3 days) Closed: 3/19/2021
We purchased this home back 2005 & lived in it until 2015. Decided to rent it & did some upgrades. Same tenant until she decided not to renew the lease and purchased her own home. Wanting more rentals but turn key properties moving forward, we decided to do a rehab from what we have learned…
This deal came from a realtor who had a pocket listing.
We found this deal online. We placed an offer, negotiated down to the price we needed it at. We had 2 exit strategies, our Plan A was wholesale. We were nervous about it because we had never wholesaled before. Although we had been building our buyers list for almost 2 years. We prepared an email…
We originally found this deal through a wholesaler who was asking $360,000. I went to view the property with the wholesaler and arrived first. Upon arrival, I met one of the owners and gave him my card. Everything fell apart with the wholesalers deal and our offer of $320,000 was rejected by the wholesaler. The…
We purchased this condo unit all cash. We put about $3,500 into it for repairs. It was in decent shape and didn't require a lot. Once we placed a tenant it began cash flowing. However being a condo unit on the 1st floor, we began having issues with the slumlord who owned the unit directly…
We found this deal driving by the home and contacting the realtor listed on the sign in the yard. The home was severely damaged by Hurricane Michael and required extensive repairs (full gut). We funded the deal with a combination of Hard Money and Private Money and did minor cosmetic repairs on the exterior but…
We found this property on the MLS. We borrowed the down payment from a private money lender and got a bank loan for 80% of the appraised value. We bought the lake house fully furnished and listed it as a short term rental. We upgraded the HVAC system, added a utility room and purchased a…
LoCole Properties closed on their first rehab project in May 2021 in Bloomfield, Michigan! We found the property on the MLS in the Spring of 2020, with the intention of a 3 month hold time and having it back up for sale right before the 2020-2021 school year started. Me (Kristin) and Amy both hold…
We found this deal through realtor. 70% of total cost was was funded from the bank construction loan and 30% from company budget. It was the first time we funded our deal using bank loan. We found it working for us very well. The house was 3 beds/2 baths. By The making the master bedroom…
Property was a 4-unit in the Silver Spring neighborhood of Milwaukee, WI.
We found this deal on the MLS. It was a wholesaler looking to sell the property. When the deal the wholesaler was trying to do with another investor fell through, she reached out to me to see if I was interested. I almost turned it down, because we were in the midst of buying another…
We purchased this property through a wholesaler. We completely changed the layout of the interior adding a bedroom and bathroom, and opening up the entire living space by removing interior walls. We added a putting green and bocce ball court to the backyard, fixed up the pool and tried to list the property at 550,000…
We bought the property from a Wholesaler. We funded the deal from a PML that financed our flip in the past and a new HML that gave us competitive rate and 10% down payment.
While attempting to solve a future life problem (where will we live while we build in Tennessee), we encountered that almost everyone building on the mountain was experiencing a rental shortage while building. So, when we saw the Jasper house pop up, not only did we love it as a future place to live while…
6th Street South was part of a 4 house deal pocket listing from a realtor friend. We had all 4 houses under contact and simultaneously closed all 4, 3 going to 2 other investors and us closing on this property. It is a non conforming duplex that we renovated, rented and then sold on the…
We did a voicemail/text campaign to get in touch with the seller. He was motivated to sell this property in order to free up some capital and start investing in another city. We did a traditional mortgage to finance the deal, with an additional amount built into the loan to pay for repairs. The only…
We found this multi-level commercial property in what they call "Towne Center Designated" part of town, meaning it can be converted to upper level residential with main level commercial. We made an offer, the offer was accepted. We had the inspection and the inspector found some structural defects, we submitted and requested the seller pay…
Happened to drive by the property the day the For Sale sign was posted and contacted the agent right away. Won the bid among two other offers based on no contingencies and rapport built with the selling agent. We raised $500k of private capital and sourced the remainder with hard money and our own. We…
This deal was a vacant lot that came from using deep prospecting techniques because the seller that was on title passed away, so I had to reach out to the next of kin to let them know that we were interested in buying the property.I only made 1 phone call and used Google Voice to…
I picked this deal up which was owner finance. Payed seller $2500. Then had a couple buyers come through house and sold house in week in a half.
Wholesale property. Minimal rehab to 1 of the 2 units. $12000 in costs. This was my first duplex purchase.
We found this deal off-market. The home had been heavily damaged by a fallen tree during a rain and wind storm. The tree damaged the roof line and back side of home extensively. Water damage existed on the 2nd floor and in the basement. The owners had to move out of the house as soon…
This was our first deal and it was everything that we could have asked for. It was an apartment unit we found through a realtor friend of ours. It is located in a small prestigious community and with this came many learning obstacles. The permit process was a lot slower than we had anticipated, the…
Commercial Property, Set up as a duplex, 1 side 4 BR, 1.5 bath currently occupied by long term tenant at $1,200 a month, other side is 5 rooms all currently rented at $300.00 per room; wherein they all share common kitchen and 2 bathrooms with coin operated washer and dryer in basement with yields over…
Gregg Ave was our first deal after completing the Fortune Builders training. We found a new realtor who was open to working with investors. This property was listed on the MLS as a foreclosure, it was pretty ugly. The entire inside was full of rotting wood and mold, but because of our training, we were…
I bought this property direct from a wholesaler for $125K after seeing it the first time listed on the MLS for $195K. We projected 6 months $95K budget for gut rehab. Due to Covid and literally every unexpected additional expense possible, we ended up with a 13 month renovation for a whopping $140K. Thankfully the…
This deal was a home path bank owned property that had been on the market for awhile. A deal which I obtained on 10/22/2019. It's the type of deal that started wrong and continue a downward motion and then Covid. My biggest mistake and lesson learn I learned was I should of wholesaled to property…
The deal was made at our local courthouse via auction. Due to the current times with commercial bank lending, we had to use hard money. However, after review from our deal analysis it was still a favorable deal. We ending up getting $7,000 profit over asking price for the house due to the high demand…
This was my first rehab. Found this off the MLS. this was a full gut project. 2462 sqft with 3 bed and 2 1/2 bath.
This deal came to us through a team of investors we know well at one of our local networking groups. The investors reached out to see if we wanted to invest as a limited partner. We funded this deal with cash. The property has office, industrial and self-storage space. Long-term tenants occupy most of the…
I found this deal online and paid cash. No repair was done since the unit was in good shape.
We got this portfolio deal under contract about 2 months ago. This was a tired landlord that lived in another state and wanted to sell. They all had tenants and was cash flowing every month with good renters. We found an end buyer who was a cash buyer locally. The cash buyer purchased these as…
We got this rental package deal under contract about 2 months ago. This was a landlord that lived in another state and wanted to sell. The properties were located in low income neighborhoods, all had tenants and was cash flowing every month with good rent rolls. We found an end buyer cash buyer locally that…
Through a realtor on the MLS. Removed walls between kitchen and living room, added a wall to create a 4th bedroom. All new flooring, appliances, cabinetry through out. Home was in need of updating, had a huge lanai and pool that we renovated making a large family entertainment area.
Found this deal on MLS and used my real estate license to communicate directly with sellers agent to find out the story of why home was for sale. It was a probate deal where daughter inherited home and didn’t want to be a landlord. Property was occupied when we seen it and we talked to…
This property was purchased from a wholesaler and was in an up and coming neighborhood in the western part of Baltimore City. This property was gutted to the studs and taken from a 3 bed/2 bath to a 4 bed/3 bath by adding a bedroom and full bath in the basement.
I found the deal on the MLS, paid cash after selling my house on FaceBook for a great price in NJ because the market is so hot. It was a 2/1 house with the garage that served as a bedroom but was in operable condition due to a cracked slab as the floor and a…
