Michael Sher Video Case Study

 

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Michael Sher Video Case Study

Northfield, New Jersey


In this case study, I will walk you through this wholesale deal located in Paulsboro, NJ. I found the property through one of my bandit signs that I posted 4 days prior to the call. It was a rental property from a group of investors that were motivated to sell fast. Since I was unfamiliar with the location and it was an hour away, I negotiated a deal with the seller to drop the asking price down before I made the trip out there. The property was in horrible condition but I knew there was still potential for a quick profit since I got it for a good price. I conducted some research on past transactions in the Paulsboro area and posted the property on SJREIA Yahoo Group where I found the buyer in less than 48-hours. I bought and sold this property in 8 short days.



* 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.