New From Alabama

[David Shipp]

Right now, I'm stuck with an issue that may seem trivial to some. But, here's my issue. I just got a property under contract 6 days ago. It's a special kind of flip or wholesale deal, because the property has a renter living in it who's paying $475 per month. The owner want's to sell this property for $12,000, so, I have to sell it or flip it to another investor. The COMPS for this property is something like: sold for $22,000 on 12/10/2014, sold for $29, 000 on 09/22/2014, sold for $28,500 on 12/31/2014, sold for $25,000 on 02/25/2015, sold for $30,000 on 06/11/2015, sold for $30,000 on 05/28/2015, and sold for $32,000 on 05/26/2015

Would someone please suggest to me an ad that I can post to sell this property (urgent and critical; your suggestions would be most appreciated)? Would someone suggest a listing price for me to earn a profit? Would someone suggest websites to post this property other than Craigslist and the MLS (e.g. I do plan on posting here soon)? This property is located in Montgomery, AL.

[Helen Kirk]

I don't really know about Montgomery advertising, but there is a Montgomery real estate investment group that may be able to give you advice.  Here is the link on facebook:

https://www.facebook.com/groups/MontgomeryREIC/

The organizer of the group is Mark Jennings.  We meet every 3rd Monday of the month, and you can get a lot of good information from this group specific to the Montgomery area. We would love to have you come to our meetings.