André Landriault Victory

 

André Landriault Victory

Landriault Homes in Gatineau, Quebec
André Landriault with Roxanne Landriault

Type(s) of Victory: Created a new system, Found another income stream, Got my first deal under contract, Closed on my first deal, Closed on another deal, Rehabbed a beautiful property, It was just awesome


In August 2013, we bought a bank owned property in Gatineau, Québec (Canada). It's a 5 appartment building that needed some serious work on all outside structures, but required mostly cosmetic work on the inside. Of the 5 appartments, 1 was already occupied and 4 were vacant. We got it for $353k, and our comps showed a potential of $465 in that area. We estimated $35k in rehab costs (which turned into $42 with some surprises). We took possession August 1st and collected our first rent cheque. We started all the renovations the second week of August, and managed to have all of the other appartments finished and rented by October 1st. We are now managing the property through our company and making over $350 in profit every month.


Shout Outs & Testimonials

We used the canadian deal analyser and the property repair estimate sheet from Fortune Builders. In addition, the training we received helped us target the right properties to investigate, and how to navigate through getting contractors involved with the rehab.



* These examples depicting income or earnings are NOT to be interpreted as common, typical, expected, or normal for an average student. Although we have numerous documented successful deals from our coaching students, we cannot track all of our students’ results, and therefore cannot provide a typical result. You should assume that the average person makes little to no money or could lose money as there is work and risk associated with investing in real estate. The students depicted have participated in advanced FortuneBuilders’ training and coaching. The participants shown are not paid for their stories; however, some of the students depicted may also be a FortuneBuilders' coach, and our coaches are compensated for their services. We believe in full transparency, so please read our Earnings and Income Disclaimers and Terms of Use.