2014 MVP! Every deal was 2+% cashflow, 100+% flip profit, or $100+k Wholesale

[Jack Tucker]

VERIFIABLE track record. All deals are in Athens GA (Home of UGA), as follows:

Put 8 duplexes (16 doors) under contract for $520k. Rehabbed with $30k cash and got all of them rented out. Assigned the sale for $675k in under 90 days. Wholesale profit was $125k in my IRA for zero taxes!

Nov 2014- Bought a triplex final ARV at $350k at 580 Sunset Dr for just $37k. Rents $2900/month. Could flip for $260k profit or nearly 200% profit or 3% cashflow in an appreciating area. I'm holding this puppy free and clear!

http://qpublic7.qpublic.net/ga_display.php?county=...

2014 - Bought 140 Windy Hill Pl duplex for $47k, Rehabbed. Rents $1400/month. 2.2% cash flow. BONUS- zoned to build a new triplex in back for extra 1800/month rent and converting to 5-unit property. NOI 25+k

http://qpublic7.qpublic.net/ga_display.php?county=...

2014- Bought 310 Glenhaven Ave for $27k and will put it on the market next month for $129k. Will only make 90% profit after commissions, etc, but used IRA so at least no taxes.

http://qpublic7.qpublic.net/ga_display.php?county=...

2014- Bought 210 and 216 Eaglewood Ct for $56 and $52k respectively and have them on the market for $125 + $139k. Renting out for $3200 total. 2.5% cashflow. or, sell for 100% profit. 216 bought with my IRA so no taxes there.

http://qpublic7.qpublic.net/ga_display.php?county=...

http://qpublic7.qpublic.net/ga_display.php?county=...

Bought 323 The Plaza for $86k and have it rented for $3000/month and on the market for $319k? This is a 2.4% cashflow or sell for 153% profit margin. or $193k profit

http://qpublic7.qpublic.net/ga_display.php?county=...

We are blessed to have one of the best markets in the US. Combine that with we do some seriously diligent work.  We feel like our performance in 2014 can get even better for 2015. Always looking to get better and learn more.  Thanks BP for helping us blow up!

[Jack Tucker]

@Jay Hinrichs you are correct about the IRA UBT taxes. We are careful to follow the nondisqualified individuals and activities regs for the self-directed Roth.

We have exchanged messages in the past and your assessment of our results means a lot to me because of my respect for your substantial experience.  The positive feedback from an accomplished giant (in comparison to our young business) is both humbling and motivational. I hope that we continue to cross paths.

As we said on the farm, "Bloom where you're planted." However, we seem to be in a bit of a hot bed.  This is an article on BP that ranks the Atlanta suburbs as the #1 place in the nation for rent returns. http://www.biggerpockets.com/renewsblog/2015/01/29/revealedtop-20-u-smarkets-highest-rental-returns/