Patrick Gillis Video Case Study

 

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Patrick Gillis Video Case Study

Mansfield, Texas


In this case study, I walk through a wholesale deal (total of 3 properties located in Mesquite, TX from the same owner). I found this deal through an asset manager contact from one of my realtor partners. I contacted one of my buyers and asked their interest level on a note purchase of three properties in a desired area of his and we were off to negotiating a deal. I funded this deal through one of my investors after I broke down the numbers to get the overall COC return target and he loved the deal. During this whole process, I had very limited experience, so I learned a lot along the way and I reached out to my mastery coaches to keep me moving toward closing the deal. I completed the deal in one month and the profit as $31,600 which was split with my Realtor.



* 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.