All Forum Posts by: Alex King

@Natalie Kolodij

Can I get this list as well. I am definitely interested in a remote strategist.

Thank you all for your feedback. It definitely helps me to quickly skim over the surface of everything and weed out the dogs. 

I am well aware of the "dangers" that come with not knowing your neighborhood block by block in Baltimore City. On the same token, I believe I have been presented some gems. It will definitely take some learning for sure. And I will definitely take your advise and connect with the right people who have experience on the ground.

Hey Everyone, 

I just came across some great opportunities in varying zip codes in Baltimore, MD. Just wanted to get some quick insights on areas that are great for buy & hold investing vs. areas that are not so great and possibly should be avoided. 

I understand that Baltimore investing really can change from block to block, but you guys general insight would be really helpful. 

Here's the neighborhoods: 

Thanks for all your input!

Hey guys, so I will preface this post by saying I just closed my first wholesale deal last week and now I am hooked! The lead came through a referral from a friend who had inside information about a vacant property and how to find the owner. His knowledge made the deal super easy to put together and close. 

I recently walked away from my job as a freelance web designer to focus on real estate in search of a career that better suited my passions. Money is tight but I am super committed to making this work.

Now that I have some money in my pocket to reinvest, I want to find a deal in 30 DAYS OR LESS so I can keep going at this. I need some advise on the quickest/best way to go about FINDING DEALS & CLOSING FAST! 

What would you do if you only had 30 days to make a deal happen?

About the Property:
This is an amazing opportunity to cash in on the fast paced Petworth/Shepard Park neighborhood. This colonial home features a spacious backyard made for private entertaining, hardwood floors throughout, a two level addition and a bonus room in the attic. The current condition is surprisingly well maintained leaving much room i

n your budget for potential gains.

Our seller is extremely motivated and ready to take action now! Depending on your renovation capability, this property can be sold for $950K and beyond. I know for a fact this deal won't be up for grabs for long so give me a call if you are interested. 

Property: 7556 Alaska Ave NW Washington DC 20012

4 Bed / 3.5 Bath
1,894 Square Feet

$630,000 Price
$950,000 ARV
$100K - $150K Repair (depending on rehab type, your contractor and ARV desired)
EMD: $1,000 (already been put down)

Settlment: 9/23/2016

Pictures:

https://www.dropbox.com/sh/c09rzc2xf9n3d0r/AABIv50...

Comps:
7715 ALASKA AVE NW - $947,500
7733 16TH ST NW - $999, 000
7533 12TH ST NW - $1,275,000

The first person to get us a signed contract and proof of funds gets the deal. This one will go fast, so if you are interested, do not hesitate to contact me. If you need more comps I have a list of 14 similar properties in the immediate neighborhood.

Here is a property 4 houses down to give you an idea of what people are doing in the neighborhood.