Patrice Henderson Victory

 

Patrice Henderson Victory

Designed Living Real Estate, LLC in Farmington Hills, MI

Type(s) of Victory: Other type of victory


I found a property from someone in Mastery and automatically assumed it was a good deal, ran my numbers without repairs and attempted to arrange a time to view the property. It seemed perfect for me to do a full rehab on as it was only $16k, 20 mins away from me and needed only cosmetic work (at least from what I was told). I looked on Zillow and it appeared as if the property was actually listed so I reached out to a realtor who couldn't see that the property was listed but he informed me that $1,000 was owed on the property so all I needed to know was the repairs however, without even asking he informed me that the comps I had weren't accurate and weren't good for a rehab as I would make almost no profit, or it at least wouldn't be worth the effort but for a rental it would be. I still didn't do my first deal but I'm glad I made another informed decision and I definitely learned from joining the group that I shouldn't rely on the belief that they are honest people when making deals and do my homework just as I would with anybody else.



* 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.