All Forum Posts by: Geoffrey Jones

 Send me info on that deal. Sounds interesting.

I also wholesale properties in Houston. Just like Jessica Martin, 

We wont give you nonsense emails or try to promote things. Just straight deals.

If you want to get on my list just go to http://wholesaleproperties.investorwize.com. Ill be glad to help if I can.

Originally posted by @Johnson H.:

Hi Geoffrey, there are lots of buyers just on BP lurking around. I would post on the market place! At $100k, I was very interested until I saw the somewhat high HOA fee and pool. If you have anything else without a pool in a good school district, I would be interested at a good price.

Thanks for the tag @Minh Le. @Sandeep S. would be very interested at the right price, I would be fighting him for these properties I bet.

I buried the pool 4 months ago. So the pool is gone!

That leaves more room for more profit to the investor.

Also HOA fee is only $350 a year.

Originally posted by @Johnson H.:

Hi Geoffrey, there are lots of buyers just on BP lurking around. I would post on the market place! At $100k, I was very interested until I saw the somewhat high HOA fee and pool. If you have anything else without a pool in a good school district, I would be interested at a good price.

Thanks for the tag @Minh Le. @Sandeep S. would be very interested at the right price, I would be fighting him for these properties I bet.

I buried the pool 4 months ago. So the pool is gone!

That leaves more room for more profit to the investor.

Based on your opinion what would be a good price to list this at for a turnkey investor?

Should I revise the price to $100000? I want the investor to have a good deal but I also want to be profitable. Considering ALL repairs are done, the house is in pristine condition and already rented out and with a valuation of $115,000. 

Also I am trying to reach out to turnkey buyers. What are some strategies to reach out to them?

Originally posted by @Curt Davis:

How does one become a reputable Turnkey provider or even work with one. What would compensation and the agreement be like working with an existing turnkey provider if possible?  I have a team put together so its not a one man show on my end but trying to break into this if possible as we continue to grow.

Originally posted by @Randy E.:

Zillow is like that for most of Houston. Not sure why though. I have comps that I can share located here. 

http://wholesaleproperties.investorwize.com/p/3051...

In the middle of the page there is a link to see the comps I found

From prior appraisals and comps property will appraise for $115000 - $130000. On the really low end of the stick properties that need repair are selling in the 70 to 80000's. I personally give it an estimate of $115000.

I have a few properties in Memphis, TN & Houston, TX that I have done all the repairs and even rented the units out at generous 10% + ROI. I am looking for anyone interested in Turnkey properties. What are some ways to find turnkey buyers. I am use to wholesaling and finding other investors who want deep discounts 60 - 70 % off ARV. But now that I have rented the units out, done all the repairs and put a property management in place where do I find these types of buyers who solely want to buy based on ROI? Also what kind of offering should I give. Please advise!

Here is one property that I have that's available

7922 Midland Forest Dr, Houston TX 77088

My Price is $120,000

It currently rents for $1300 Month
Taxes $2000 Year
Insurance $1800 Year
Property management $130 Month
HOA: $300 Year
Neighborhood B+

Here are the numbers using Biggerpockets Calculation

http://www.biggerpockets.com/buy_and_hold_results/...

Am I offering this at a great deal to a turnkey buyer?

We would love to be added to your site. We provide Turnkey Solutions an many areas of the US. 

Geoffrey Jones
www.investorwize.com