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All Forum Posts by: Dennis Williams

Dennis Williams has started 33 posts and replied 104 times.

Post: Is this a great deal?

Dennis Williams
Posted
  • Real Estate Agent
  • Davenport, FL
  • Posts 107
  • Votes 30

Hey BP,

I haven't been on here in a while but I did come across a wholesale deal in Winter Garden, FL. The two homes have a $89K ARV or more but the trick is they are on one lot so they are sold together. One home is rented at $650 and the other can rent for $700.

-Both are 2 bed 1bath

-One is Block (rented now {no lease} at $550 but may leave once new owner takes over) and the other is frame (this one is rented for $650 til Oct 2015)

-Frame house built in 1948 440sqft. Block built in 1951, 725sqft

Asking $55K and to close on or before 12/30/2014

I can give you more details if you think this is something you would like to add to your portfolio. I can be reached at 678.964.0994

Post: 2 homes on 1 lot for 1 LOW price!!

Dennis Williams
Posted
  • Real Estate Agent
  • Davenport, FL
  • Posts 107
  • Votes 30

Hey BP,

I haven't been on here in a while but I did come across a wholesale deal in Winter Garden, FL. The two homes have a $89K ARV or more but the trick is they are on one lot so they are sold together. One home is rented at $650 and the other can rent for $700.

-Both are 2 bed 1bath

-One is Block (rented now {no lease} at $550 but may leave once new owner takes over) and the other is frame (this one is rented for $650 til Oct 2015)

-Frame house built in 1948  440sqft. Block built in 1951,  725sqft

Asking $55K and to close on or before 12/30/2014

I can give you more details if you think this is something you would like to add to your portfolio.  I can be reached at 678.964.0994

Post: Do you invest in Orlando SFH

Dennis Williams
Posted
  • Real Estate Agent
  • Davenport, FL
  • Posts 107
  • Votes 30

I have a 4b/2b in Orlando 32822. Wholesaling it to a rehab or buy and hold investor. Re-roofed Nov/2013. Deadline is 6/26/2014

1993 Excalibur Dr.

Orlando, FL 32822

Asking: $154,500

ARV: $203,000

Rent: $1,400

Rehab est: $12,000

Picture: www.dropbox.com/sh/j0xquvduh0unjps/AAAsL2sTrbAfaADhmwsj2nfla

Post: Investing in Jacksonville

Dennis Williams
Posted
  • Real Estate Agent
  • Davenport, FL
  • Posts 107
  • Votes 30

Anyone looking for an investment home in Jacksonville? I picked up a property there and not really sure what to do with it. Here is the basic information:

Asking: $11,900

ARV: $34,000 to $46,000

Rent: $750

Rehab est: $7,000

Cap: 45%

62 W 27th Street

Jacksonville, FL 32206

Pictures: www.dropbox.com/sh/wydtoo6r5o9jpyf/AABse8JQI9urZgxH_zKpKTM6a

Post: NEED HELP WITH A TOWNHOME SELL.

Dennis Williams
Posted
  • Real Estate Agent
  • Davenport, FL
  • Posts 107
  • Votes 30

Hello BiggerPockets family,

I need a few more ideas on how to market a townhome I have under contract from HUD and I am looking to wholesale it. So far I have posted 10 times a day for a week on craigslist and have sent it to three different wholesale companies to help with the sale. So far I have had one REIT representative call and say they were interested but was waiting on the boss to give him an answer on purchasing. I've also received feedback from investors saying they don't do townhomes only SFH. Is this pretty common? I do not know if I can post links here but inside the dropbox link will give the details of the townhome. and ideas would be appreciated. This is what I have on Craigslist at the moment:

"3b/2b Townhome directly across from Polk state College for $96K. Rentals in this area are going for $1,150. This is one of the only townhomes that come with granite counter tops. I'll send more info to SERIOUS buyers. I'M NOT LOOKING TO LIST PROPERTY. Accepting real offers. Link below shows the property.

https://www.dropbox.com/sh/2o31ht0bgrkiffl/pOy363JrLi

Post: Atlanta, Georgia

Dennis Williams
Posted
  • Real Estate Agent
  • Davenport, FL
  • Posts 107
  • Votes 30

How is that Lithonia area doing?

Post: I'm looking to buy from the court house.

Dennis Williams
Posted
  • Real Estate Agent
  • Davenport, FL
  • Posts 107
  • Votes 30

Hey Biggerpockets family,

I'm looking to buy residential homes from the court house steps. What should I be aware of when it comes to buying the property. To be more specific, what could be attached to the property that I can not see in public records that could get me into financial trouble?

Post: 4/2.5 SFR in Gwinnett County (GA)

Dennis Williams
Posted
  • Real Estate Agent
  • Davenport, FL
  • Posts 107
  • Votes 30

do you have a buyer yet?

Post: Non preforming Notes

Dennis Williams
Posted
  • Real Estate Agent
  • Davenport, FL
  • Posts 107
  • Votes 30

Hello investors,

I am not versed in selling Notes but I have a broker that has access to a $14M portfolio of Notes at $0.33 on the dollar. The notes are very detailed and are a mix of commercial and residential. Each note comes with appraisal values, demographic info, performance history, and vacancy rates.

I am not collecting a finders fee but wanted to know if this in a good deal? I also wanted to know if there is any other information I should be looking for on the Note?

Post: Is Hard Money going away?

Dennis Williams
Posted
  • Real Estate Agent
  • Davenport, FL
  • Posts 107
  • Votes 30

Thanks Ann!!