All Forum Posts by: Anthony Ellison

House had a fire that damaged most of the home. Needs complete rehab or tear down.   
ARV=130,000

DOM=42

Rents =$1300

Rehab= $50,000

House did not flood during Harvey.

Closing 11/12/18

Please reply if interested.  Pictures/Video are available.

Great Port Arthur Buy and Hold.

Needs total rehab.

Rents in the 

area $600-750

Arv around 30k

2/1
780sqft
7000sqft lot

Do your own due diligence

Cash or Hard Money only
$1500 NON-REFUNDABLE DEPOSIT CHECK LOCKS IN THE DEAL!
Buyer pays all closing cost
Taking all offers

Anthony

To make a long story short.

Seller is deceased owners wife.

House was titled in the name of the deceased in his ex-wife who is also deceased. 

There are children from the previous marriage. The problem is they cant be found. The courts have tried to find them before but can't.

House is going to be auctioned off soon. Is there anything I can do to help these people.

*Houston, Harris county

Hey welcome . Im in the Houston area as well.  Im still new to this but loving every min of it. What area are you looking at investing in?

@Cara Lonsdale thanks for the insight, never thought about it from the liability standpoint.   I will deff. keep that in mind.  Go

@Michael Noto @Tom Gimer It really comes down to selling price.  The difference between what the on market and off market price points change change the whole deal. Not opposed to a Realtor but I definitely prefer off market deals, and if a motivated seller calls me and ask why go with me instead of listing with an agent I want to make sure Im ready.

 Yep.  Really no plans to wholesale.

I'm trying to come up with some rebuttals to use when a motivated seller wants to go through a realtor instead of selling directly to a buyer.

  So far I know  I have no commission, no need to have multi showings, and unknown time on market. But are there any other things I could bring up to help strengthen my position.

Thanks,

Anthony.

 
If your still looking check out https://hoverlutions.com

@Jessie Nunley  From the water line it looks to be around 2.5ft of water.  Not the clean rain water either. Most of came from a near by bayou which carries a lot of waste.