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All Forum Posts by: Anthony Johnson

Anthony Johnson has started 11 posts and replied 70 times.

Post: Mark Whitten, MD area

Anthony JohnsonPosted
  • Inglewood, CA
  • Posts 74
  • Votes 17

Hey and Happy holidays BP Fam!

Has anyone heard of or used any of Mr. Mark Whitten products.  He specializes in wholesaling houses.  The program is called Flip your house like your hair is on fire. Any feed back at all is welcomed.  Thanks in advance. 

Hey Cass, Big CONGRATS man.  Thanks for posting your progress...motivating. 

Post: Potential 15 SFR Wholesale deal

Anthony JohnsonPosted
  • Inglewood, CA
  • Posts 74
  • Votes 17

WOW!! Thats great Quila!  Please keep us posted on the outcome.  Again, CONGRATS!!

Post: Possible Inglewood Flip...

Anthony JohnsonPosted
  • Inglewood, CA
  • Posts 74
  • Votes 17

That sounds great Richard.  Let's talk further. 

Post: Possible Inglewood Flip...

Anthony JohnsonPosted
  • Inglewood, CA
  • Posts 74
  • Votes 17
Originally posted by @Jonathan Wilks:

Sounds, like you have a great possible opportunity to increase your profit on this investment.  A bathroom will usually cost between 15k-25k depending if you hire a contractor. Some of the work you could possibly do your self and the most bang for your buck will come from sweat equity.  You however will need to check with the city if you can add a bathroom, and you would start building a plan for what the bathroom will look like framing, materials and so on.  After creating the plan it is just a matter of completing it creating a timeline, and evaluate what work you are comfortable doing and what you are not. I would also recommend going to other open houses in your neighborhood to see what others are doing and what the price of those houses are for sale for. It will give you a better of idea of what work and materials you may need to use to increase the value of your home.  

 Thanks for the info Johnathan.  I will put it to use. 

Post: Possible Inglewood Flip...

Anthony JohnsonPosted
  • Inglewood, CA
  • Posts 74
  • Votes 17

Hey BP,

My Wife and I are thinking of selling our property in Inglewood, CA

its a SFR

3bed + 1bath

1,015 sqft and 

6,747 sqft lot size

built in 1942.

Last August it appraised for $365k...AS IS! Selling it for that price would generate a profit but I think we could get more if we fixed it up first. By adding an additional bathroom to the master and upgrading the existing bathroom, interior/exterior paint, upgrading the landscaping, the property should sell for more. Selling this property would generate capital to fund future REI's.

Issues: NO Capital, NO experience, NO Idea of cost!

I'm hoping to get some wisdom/guidance from the network.  I'm certain you know more about fixing and flipping than we do.

Post: Inglewood housing Market.

Anthony JohnsonPosted
  • Inglewood, CA
  • Posts 74
  • Votes 17
Originally posted by @Jaime Botello:

hey Anthony,

Anything in the 90305 area is good. If you can get in at a decent price I would go for it. There's a huge development project going on in the are and prices are expected to go up in the next few years. 

 Hey Jamie,

Thanks for the info.  Hopefully things will go in my favor.

Happy R.E.I.ing

Post: Inglewood housing Market.

Anthony JohnsonPosted
  • Inglewood, CA
  • Posts 74
  • Votes 17
Originally posted by @Victor Argueta:

Seller's market due to inventory pressures. 2014 has been flat for the most part. Great rental location if you can get in at the right price point. No rent Control. We own several units in 90302 and have build our share of homes in North Ing. Good luck. 

 Hey Victor,

thanks for your input.  Sellers market huh? Are you familar w/Morningside Park area?  Is that an area in demand?  And forgive the novice questions!

Post: Inglewood housing Market.

Anthony JohnsonPosted
  • Inglewood, CA
  • Posts 74
  • Votes 17

Hey BP,

How is the Inglewood housing market? Is it a sellers market, buyers market?  Thanks in advance.

Post: Can I Lease to Own a house - Lease to a Tenent-Buyer?

Anthony JohnsonPosted
  • Inglewood, CA
  • Posts 74
  • Votes 17

Hey Cecil,

I went to a seminar held by Joe McCall at my local REIC and it was all about wholesaling lease options.  He even developed a system to have everything done virtually.  It really was an interesting niche/strategy.  There were some Real Estate Attorneys, Mortgage Brokers, etc. in house and none objected to his statements.  I didn't purchase his program nor do I personally know anyone who did.  However, he sold out at the meeting and he has a bunch of reading material on his website and audio on his pod-cast.

Hope this helps.

HAPPY REIing!!

Anthony