Archive for October, 2008

$186K Discount on Rehab Deal for Newark Duplex

Friday, October 31st, 2008

We have analyzed this deal to see how this particular duplex in Newark would be as a rental property. We try to research and analyze better than average deals for you to help save you time and money. You can read about what it is like researching properties for deals on your own in our article: Find Real Estate Deals is a Numbers Game.

Where is this property?

It is located in Newark, NJ. The property address is kept private to preserve the deals for our members. To work with our preferred investor friendly real estate agent/broker for this deal, contact us about Deal #3522 and they can give you the full details about this property and help you in purchasing it. This particular property was submitted to the North Jersey Real Estate Resources Website featuring real estate investor articles and local deals.

Run your own analysis on this particular property. Use our new, FREE Offer Generator real estate investor tool to change our assumptions and use your own.

How did we find this property?

We found this property from one of our real estate investor friendly agents/brokers or one of the real estate investor wholesalers we know in the Newark area.

Learn to find motivated sellers using marketing in Back to Back to Back Motivated Seller Appointments. This CD is included as part of the 68 CD Ultimate Real Estate Investor Package that you get when you purchase any house we promote on the website through our recommended real estate agent or broker. To work with our preferred investor friendly real estate agent/broker for this deal, contact us about real estate Deal #3522 and they can give you the full details about this property and help you in purchasing it.

Read Networking With Other Real Estate Investors - The Benefits of Local Investor Groups.

Property Details

  • Bedrooms: 6
  • Baths: 2.00
  • Square Footage: 2,000 (see square footage estimates for info)
  • All information is deemed reliable, but is pulled from tax records, real estate agent, zillow or the seller.

Income

  • Gross Rent: $2,600/month (see Rent Estimates for more info)
  • 4.00% Vacancy Adjustment: $104/month (see Vacancy Estimates for more info)
  • Net Rent: $2,496/month

(more…)

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Belle Center Handyman Special: $51K Discount, Cash Flow

Friday, October 31st, 2008

We have analyzed this deal to see how this particular single family home in Belle Center would be as a rental property. We will use the numbers submitted to us in the calculations below, but you can modify these assumptions and use your own numbers to analyze this deal.

Where is this property?

It is located in Belle Center, OH. The property address is kept private to preserve the deals for our members. To work with our preferred investor friendly real estate agent/broker for this deal, contact us about Deal #3519 and they can give you the full details about this property and help you in purchasing it. This particular property was submitted to the Lima Real Estate Resources Website featuring real estate investor articles and local deals.

Run your own analysis on this particular property. Use our new, FREE Offer Generator real estate investor tool to change our assumptions and use your own.

How did we find this property?

We found this property from one of our real estate investor friendly agents/brokers or one of the real estate investor wholesalers we know in the Belle Center area.

Learn to find motivated sellers using marketing in Wholesaling Deal Finding Checklist. This CD is included as part of the 68 CD Ultimate Real Estate Investor Package that you get when you purchase any house we promote on the website through our recommended real estate agent or broker. To work with our preferred investor friendly real estate agent/broker for this deal, contact us about real estate Deal #3519 and they can give you the full details about this property and help you in purchasing it.

The Story

Before we get into our full analysis, here is some of the interesting story for this particular deal:

From the seller: Two story 3bd/1bth in a small quiet town in Logan County, Ohio. Very solid and needs minimal work. Could be rented as-is or invest about $10-15K and sell for $80-90K. Comp average of $88K using Real Quest. No furnace (space heater), Asphalt shingle siding, Partial basement/crawl.

Read Real Estate Investing and Compounding Interest.

Property Details

  • Bedrooms: 3
  • Baths: 1.00
  • Square Footage: 1,608 (see square footage estimates for info)
  • All information is deemed reliable, but is pulled from tax records, real estate agent, zillow or the seller.

Income

  • Gross Rent: $650/month (see Rent Estimates for more info)
  • 4.00% Vacancy Adjustment: $26/month (see Vacancy Estimates for more info)
  • Net Rent: $624/month
  • NOTE: These numbers are for traditional rental income and NOT a rent-to-own. Rent-to-own analysis follows below.

(more…)

Watch FREE Real Estate Investor Training Videos - Instantly watch free real estate investor training videos right now for free.

Wichita Handyman Special: $19K Discount, Cash Flow

Thursday, October 30th, 2008

We have analyzed this deal to see how this particular single family home in Wichita would be as a rental property. We try to research and analyze better than average deals for you to help save you time and money. You can read about what it is like researching properties for deals on your own in our article: Find Real Estate Deals is a Numbers Game.

Where is this property?

It is located in Wichita, KS. The property address is kept private to preserve the deals for our members. To work with our preferred investor friendly real estate agent/broker for this deal, contact us about Deal #3532 and they can give you the full details about this property and help you in purchasing it. This particular property was submitted to the Wichita Real Estate Resources Website featuring real estate investor articles and local deals.

Run your own analysis on this particular property. Use our new, FREE Offer Generator real estate investor tool to change our assumptions and use your own.

How did we find this property?

We found this property from one of our real estate investor friendly agents/brokers or one of the real estate investor wholesalers we know in the Wichita area.

Learn to find motivated sellers using marketing in Buying Houses with Door Hangers. This CD is included as part of the 68 CD Ultimate Real Estate Investor Package that you get when you purchase any house we promote on the website through our recommended real estate agent or broker. To work with our preferred investor friendly real estate agent/broker for this deal, contact us about real estate Deal #3532 and they can give you the full details about this property and help you in purchasing it.

The Story

Before we get into our full analysis, here is some of the interesting story for this particular deal:

Please note that property tax information was unavailable when this deal was analyzed. This number will affect this analysis. Please consult with our local contact for more information.

2006 tax assessor’s value was $58,100

Read Building Your Dream Team With CraigsList.

Property Details

  • Bedrooms: 2
  • Baths: 1.00
  • Square Footage: 972 (see square footage estimates for info)
  • All information is deemed reliable, but is pulled from tax records, real estate agent, zillow or the seller.

Income

  • Gross Rent: $600/month (see Rent Estimates for more info)
  • 4.00% Vacancy Adjustment: $24/month (see Vacancy Estimates for more info)
  • Net Rent: $576/month
  • NOTE: These numbers are for traditional rental income and NOT a rent-to-own. Rent-to-own analysis follows below.

(more…)

Watch FREE Real Estate Investor Training Videos - Instantly watch free real estate investor training videos right now for free.