All Forum Posts by: David Mora

Could you please send me the details on the property as i am interested 

Here is Your chance to Own a Piece of Prime Wine Country Real Estate!Perfect Location Next to a ton of world class wineries.It is actually partially zoned for Agriculture So if your dream is to own a piece of wine country! and mabe even plant your own grapes on your own land this place is for you. If your interest lies in picking up a prime piece of Wine Country and your not afraid to put the work in to get this Diamond in a ruff polished to its fullest potential then this place is for you.

Here are some numbers for you to decide for yourself

$800,000 Purchase Price( includes My Fee)

Est. Reno Cost $ $300k-$600k ( Depending on Exit Stategy)

ARV. 1.5mil-4.5mil+ ( Again Depending On Chosen Exit Stategy )

Projected Pre Tax Profit-$350k-$2mil 950k+ Again Depending on chosen Exit Stategy but the opportunity is there for the right person not afraid of A Reno Heavy Project. #realestate #wine #agriculture #wholesalerealestate#Flip opportunity#Investment opportunity

Contact me if interested

Here is Your chance to Own a Piece of Prime Wine Country Real Estate!Perfect Location Next to a ton of world class wineries.It is actually partially zoned for Agriculture So if your dream is own a piece of wine country and mabe even plant your own grapes on your own land this place is for you.Or if your interest lines in picking up a prime piece of Wine Country and your not afraid to put the work in to get this Diamond in a ruff polished to its fullest potential then this place is for you.

Here are some numbers for you to decide for yourself 

$850,000 Purchase Price 

Est. Reno Cost $ $300k-$600k ( Depending on Exit Stategy)

ARV. 1.5mil-2.5mil+ ( Again Depending On Chosen Exit Stategy )

Projected Pre Tax Profit-$350k-$950k+ 

Again this Is a Reno Heavy project with HUGE!! POTENTIAL 1.57 Acres of land 

Currently under Contract so if interested please contact me as I am Either looking for a Partner or to wholesale as I currently have 2 projects under contract and might need to offload one of them.

P.S. This Property has a Secondary structure which had been used as rental in past can be turned in to a Casita,Poolhouse, or with proper permits Rental property.

Also has a Delapitated pool that can be redone for even more value to a potential high end Oasis!!

Comps in area are huge 

Thank you very much I am looking forward to having it

I have finally decided to do it after yrs of not making the jump.I have finally decided to go back to school to take some online classes to get my Real Estate License  I always went back and forth about if i should do it.. as an Investor My main Mentors have always Advocated for it as they all have one and said it was the way to go.My main focus has always been Finding deals and networking but I am Excited to finally get my License..I Still need deals Lol!! as we all do !!!

That is Awesome My Friend !!

@Timothy Cervantes 

 So the PP on this one was 650k

                                            150k Rehab Cost 

                                            $75k Finance Chrg.

                                            $50k Agent and closing costs.

           Projected Resale    $1,050,000 

  Projected Pre tax Profit   $ 125,000

I am so excited to share with everyone that my first flip is almost Complete and ready to list!!

It has been a true learning experience that I have truly enjoyed.

even with all the ups and downs,issues and delays! we are going to complete our project

on time but slightly over budget. none the less its an awesome fully redone Eickler Home in an awesome area..Hopeing to make around 100k profit upon closing.;)

I will keep everybody posted as we get further in the sale process,then upon closing.

@Sean Pincus Thank you for the advice I think this can really help me figure my numbers.

@Jon Klaus thank you for the suggestions just having a hard time finding any comps because its a double parcel with a building on one.

as far as rent goes I don"t really know how to figure that our either since they never rented it out before