Bill Greene Victory

 

Bill Greene Victory

ROI Proportunities in Sedalia, CO
Bill Greene with Marie Greene

Type(s) of Victory: Reached a personal goal, Reached a business goal, Did something on my bucket list, Helped someone else achieve a goal, Helped a great cause I believe in, Paid it forward somehow, Started using a system, Sold another deal, Rehabbed a beautiful property


In January 2017, Marie and I joined FortuneBuilders Inner Circle. Before that, we initially got involved simply because we wanted to learn more about renovating and selling a home that we inherited. Three renovation deals and 2 years later, our company bought our inherited property - from OURSELVES! :) In January of 2019, we started the renovation of this Centennial Colorado ranch home - which had an interiors dating back to 1967/1990. "As is", it was valued at $525K at the most but in a great location. Our company paid ourselves $660,000 and we estimated a $830K on the ARV. Six months later, with paint, cathedral ceilings, wood posts, hardwood floors, new carpet, open walls, masterful kitchen/baths, windows, wine cellar room, LED lights, amazing landscaping, and full basement renovation with 2 rooms, we sold this updated 3,200 sq ft 4/3 ranch for $10,000 over asking at $840,000.00 - and off the market in a record 5 days! AMAZING! Now, while we made good $$ selling to our company, our company took a loss because we did not follow our SOW properly. However, that will never happen again. The win here is mostly in successful designing & finishes for upscale above median homes. Secondly, it was the 3rd renovation for our proprietary construction crew HHB Construction. These men, lead by Mark Babcock, are in a construction program for 'at risk youth'. We teach them as much as they want to learn about real estate investing. Today, after 18 months of working with them, their growth is phenomenal; they understand the distinction between being "Technicians" and "Entrepreneurs" now, so the only thing they are "at risk" of is being millionaires in their 30's! The CEOs of FortuneBuilders should be very proud of our construction program - as they've changed the lives of these young technicians and future FortuneBuilders.


Shout Outs & Testimonials

Shout out to FB Coach Dennis Hoffman who gave us a good HML lead for this rather unconventional deal. Thanks to FB Coaches Cheryl & Brian O'Hearn and their son Thomas for excellent cabinet service and quality.



* 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.