Archive for December, 2008

Pompano Beach Fixer Upper: $74K Discount, Cash Flow

Monday, December 29th, 2008

We have analyzed this deal to see how this particular single family home in Pompano Beach 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 Pompano Beach, FL. 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 #4012 and they can give you the full details about this property and help you in purchasing it. This particular property was submitted to the Fort Lauderdale 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 Pompano Beach 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 #4012 and they can give you the full details about this property and help you in purchasing it.

Read Real Estate Investors are Problem Solvers.

Property Details

  • Bedrooms: 3
  • Baths: 1.00
  • Square Footage: 1,193 (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: $1,300/month (see Rent Estimates for more info)
  • 4.00% Vacancy Adjustment: $52/month (see Vacancy Estimates for more info)
  • Net Rent: $1,248/month
  • NOTE: These numbers are for traditional rental income and NOT a rent-to-own. Rent-to-own analysis follows below.

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$57K Discount on Hot Lake Huron Vacation Property

Monday, December 29th, 2008

We have analyzed this deal to see how this particular single family home in Au Gres 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 Au Gres, MI. 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 #4014 and they can give you the full details about this property and help you in purchasing it. This particular property was submitted to the Northern Michigan 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 Au Gres area.

Learn to find motivated sellers using marketing in Buying Houses with Hand Written Letters. 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 #4014 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 wholesaler: This is a Lake Huron waterfront home/cottage. Small cottage “perfect condition” with lots of updates. Large lot, with additional 33′ waterfront lot (Quit Claim Deed) attached to original lot. Huge garage and out buildings for storage. Sandy beach, beautiful water, great views. This home was appraised in 2007 for $222,000. It is a HIGHLY popular spot for seasonal rentals. Weekly rentals are $750-$1000. Rental season is approximately (4) months. Seller needs to sell, ASAP.

Read It’s a Rent-To-Own, Not a Lease-Option.

Property Details

  • Bedrooms: 2
  • Baths: 1.00
  • Square Footage: 650 (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: $1,000/month (see Rent Estimates for more info)
  • 4.00% Vacancy Adjustment: $40/month (see Vacancy Estimates for more info)
  • Net Rent: $960/month
  • NOTE: These numbers are for traditional rental income and NOT a rent-to-own. Rent-to-own analysis follows below.

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

$344 Positive Cash Flow with 10% Down - Great Deal in Flint

Monday, December 29th, 2008

We have analyzed this deal to see how this particular single family home in Flint 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 Flint, MI. 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 #4019 and they can give you the full details about this property and help you in purchasing it. This particular property was submitted to the Flint 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 Flint 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 #4019 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 wholesaler: Owner lives out-of-state, can close in 2 days (clear title, owned free & clear), extremely motivated, willing to finance with DP of $2,400.

Read Flipping Versus Buy and Hold.

Property Details

  • Bedrooms: 2
  • Baths: 1.00
  • Square Footage: 761 (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: $500/month (see Rent Estimates for more info)
  • 4.00% Vacancy Adjustment: $20/month (see Vacancy Estimates for more info)
  • Net Rent: $480/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.