All Forum Posts by: Foster Algier

We have an equity interest in this property and are selling the contract.

http://www.FACSOLD.com/

VISIT OUR WEBSITE and click on WHOLESALE PROPERTIES to see ALL of our properties. Join our email list to receive our daily property list! REALTORS PLEASE DO NOT CALL TO LIST THIS PROPERTY. THANK YOU!

Wimbledon Circle, Lake Mary, FL 32746

INVESTMENT: $255,000

ARV: $330,000 +/-

Rehab: $30,000 +/-

3 Bedrooms 2 Bath 2 Car Garage

1,709 SqFt

Built: 1994

Construction: Frame

HOA: $197/mo

This is the only Heathrow home on the market under $300K. Using comp 196 Wimbledon that sold at $193/SqFt puts the value around $330,000 +/-. There is no reason to think you wouldn't get anything but the top of the market here. For repair you could replace the upper cabinets with larger cabinets and open the kitchen up a little bit. Other than that it basically requires a bit of TLC. The lifetime roof shingle does show possible roof leak needing patched and some termite repair.

All properties require cash or a private/hard money loan in order to purchase. No conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $3,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract, clear and marketable title with a warranty deed. All closings are with a licensed title company with Insurable Title.

Buyer will be responsible for all closing costs unless otherwise indicated.

Foster Algier

Broker - Gold Key - G.R.I.

FLA Real Estate Services

We have an equity interest in this property and are selling the contract.

http://www.FACSOLD.com/

VISIT OUR WEBSITE and click on WHOLESALE PROPERTIES to see ALL of our properties. Join our email list to receive our daily property list! REALTORS PLEASE DO NOT CALL TO LIST THIS PROPERTY. THANK YOU!

8th Avenue SW, Largo, FL 33770

INVESTMENT: $84,000

ARV: $150,000 +/-

Rent: $900-1,200/month +/-

Rehab: $35,000 +/-

2 Bedrooms 1 Bath

875 SqFt

Built: 1954

Construction: Block

HOA: $0

Here is a nice flip near Clearwater in a great area close to schools, malls, beautiful parks and less than 5 miles away from gorgeous beaches. There is a 2 bedroom on the same street and close to the same size that recently sold for $151K without being updated. There are plenty of comps for 2 bedroom homes in this area and as you can see from the time they take to go pending they are selling very quickly. This is the least expensive single family home in the area by over $40K. It will need a full rehab but the numbers work. It's a small house, so you should be able to keep the costs down.

All properties require cash or a private/hard money loan in order to purchase. No conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $3,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract, clear and marketable title with a warranty deed. All closings are with a licensed title company with Insurable Title.

Buyer will be responsible for all closing costs unless otherwise indicated.

Foster Algier

Broker - Gold Key - G.R.I.

FLA Real Estate Services

CFRI Monthly General Meeting "Business Member Appreciation Trade Show & Best Brownie Baking Contest"

Edgewater High School Cafeteria
3100 Edgewater Drive
Orlando, FL 32804

Members FREE
Non-Members $20/per person...OR print out this coupon and receive FREE ENTRY your first visit as a guest!!

We have an equity interest in this property and are selling the contract.

http://www.FACSOLD.com/

VISIT OUR WEBSITE and click on WHOLESALE PROPERTIES to see ALL of our properties. Join our email list to receive our daily property list! REALTORS PLEASE DO NOT CALL TO LIST THIS PROPERTY. THANK YOU!

Nottingham Drive, Winter Park, FL 32792

INVESTMENT: $205,000

ARV: $285,000-299,000 +/-

Rehab: $30,000-35,000 +/-

3 Bedrooms 2 Bath

2,056 SqFt

Built: 1969

Construction: Block

HOA: $0/yr

This Winter Park flip is back with a $10K discount to boot! It's in need of cosmetic repair and has a huge potential upside! House is a 3/2 with over 2,000 SqFt of living space in one of Central Florida's most desirable zip codes! House needs updating throughout. Kitchen and baths will need to be replaced, as will flooring. The A/C needs a new compressor...current seller was quoted a price of $1,800 to fix. Needs interior paint and a few windows, as well as a new sliding glass door. The kitchen is a blank canvas...with the right design, you can really make it pop for a potential Winter Park buyer! There is some variance in the ARV, but there are several factors that point to great potential upside. We feel that $140/SqFt, or $285,000, is a very conservative number. Days on market in this neighborhood are very short. Additionally, there are some pendings that, if closed, could raise your price tag to at or above $300K! Values in this neighborhood have been increasing and you are getting in at a great price point. All signs point to a potential surplus of equity when you are ready of flip!

All properties require cash or a private/hard money loan in order to purchase. No conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $3,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract, clear and marketable title with a warranty deed. All closings are with a licensed title company with Insurable Title.

Buyer will be responsible for all closing costs unless otherwise indicated.

Foster Algier

Broker - Gold Key - G.R.I.

FLA Real Estate Services

We have an equity interest in this property and are selling the contract.

http://www.FACSOLD.com/

See our website for more photos of this property.

VISIT OUR WEBSITE and click on WHOLESALE PROPERTIES to see ALL of our properties. Join our email list to receive our daily property list! REALTORS PLEASE DO NOT CALL TO LIST THIS PROPERTY. THANK YOU!

Bradford Drive, Holiday, FL 34691

INVESTMENT: $69,000

ARV: $125,000 +/-

ARV Rehab: $23,000-27,000 +/-

Rent: $1,000-1,100/month +/-

Rental Rehab: $5,000-7,000 +/-

3 Bedrooms 1.5 Bath

1,268 SqFt

Built: 1968

Construction: Block

HOA: $0

Comps:

3425 Rosefield Driver (recently updated)

3 bed / 2 bath, 1,256 SqFt,1966

SOLD 5/2017 $126,000

3334 Kinard Lane (recently rehabbed)

2 bed / 2 bath, 1,042 SqFt, 1969

SOLD 5/2017 $134,900

3721 Bradford Drive (clean, owner occupied, needs updates)

3 bed / 2 bath, 1,399 SqFt,1967

SOLD 5/2017 $104,000

3641 Springfield Drive (mostly rehabbed)

3 bed / 2 bath, 1,236 SqFt, 1972

SOLD 5/2017 $117,000

3408 Ottoway Drive (recently remodeled, w/tenant)

2 bed / 2 bath, 1,021 SqFt, 1967

Pending at $124,900

Off-market investment for Fix'n'Flip or Rehab & Rent with lots of potential. Rooms are good size, with plenty of opportunity to open up the floor plan and make this an updated open concept home. Rehab needed includes kitchen, bath (in good condition, only needs cosmetics), flooring, paint, and misc. cosmetics. There is a 1/2 bath in the garage, with the option to incorporate it into the master bedroom. Windows are newer, a/c looks good, but needs to be checked. Roof also appears to be in good condition. Electrical and plumbing seem to be in working order. The exterior needs a pressure washing, light repairs, paint, and some landscaping. This home is on a nice quiet street...a great location very close to shopping, major highways, and schools. Perfect opportunity to make this home beautiful!!

All properties require cash or a private/hard money loan in order to purchase. No conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $3,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract, clear and marketable title with a warranty deed. All closings are with a licensed title company with Insurable Title.

Buyer will be responsible for all closing costs unless otherwise indicated.

Foster Algier

Broker - Gold Key - G.R.I.

FLA Real Estate Services

We have an equity interest in this property and are selling the contract.

http://www.FACSOLD.com/

VISIT OUR WEBSITE and click on WHOLESALE PROPERTIES to see ALL of our properties. Join our email list to receive our daily property list! REALTORS PLEASE DO NOT CALL TO LIST THIS PROPERTY. THANK YOU!

E 3rd Court, Chuluota, FL 32766

INVESTMENT: $122,000

ARV: $175,000 +/-

Rehab: $26,000 +/-

3 Bedrooms 1 Bath

1,080 SqFt

Built: 1958

Construction: Block

HOA: $0

This property is in that sweet spot price range for flips with comps up to $165/SqFt. At this square footage, this investment should not be a high rehab and has great bones. Inside air handler and A/C are in newer condition. Will need renovation inside to kitchen flooring and bath. If you're ambitious, you could add a half bath in master bedroom to increase flip value. Rehabbed houses of this size are selling in less than 10 days. You can probably push the market to be the new high comp!

All properties require cash or a private/hard money loan in order to purchase. No conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $3,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract, clear and marketable title with a warranty deed. All closings are with a licensed title company with Insurable Title.

Buyer will be responsible for all closing costs unless otherwise indicated.

Foster Algier

Broker - Gold Key - G.R.I.

FLA Real Estate Services

We have an equity interest in this property and are selling the contract.

http://www.FACSOLD.com/

Visit our website for more photos.

VISIT OUR WEBSITE and click on WHOLESALE PROPERTIES to see ALL of our properties. Join our email list to receive our daily property list! REALTORS PLEASE DO NOT CALL TO LIST THIS PROPERTY. THANK YOU!

Buena Drive, Lakeland, Florida 33805

INVESTMENT: $111,900

ARV: $195,000-205,000 +/-

Rehab: $35,000 +/-

3 Bedrooms 2 Bath

1,923 SqFt

Built: 1957

Construction: Block

HOA: $0/qtr

This 3/2 Edgewater flip has plenty of room for profit and several unique qualities. This home is in need of a total rehab. Kitchen, baths, floors, paint, remove wallpaper and spruce up the outside, etc. We are calculating this to be worth about $205k. There are smaller properties in the same subdivision, with basic to no updates, that sold for $107/sqft.

All properties require cash or a private/hard money loan in order to purchase. No conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $3,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract, clear and marketable title with a warranty deed. All closings are with a licensed title company with Insurable Title.

Buyer will be responsible for all closing costs unless otherwise indicated.

Foster Algier

Broker - Gold Key - G.R.I.

FLA Real Estate Services

How does consumer sentiment affect your business? With it improving once again, we hope to see the real estate investment market become better!!

After a two-month decline, consumer sentiment in the state rose 2.1 points in June as four out of five components moved higher. Respondents' perceptions of their personal financial situation now compared with a year ago showed the greatest increase. It rose 6.4 points from 85.5 to 91.9.

"Importantly, all Floridians share these perceptions, independent of their age, gender or income," says Hector H. Sandoval, director of the economic analysis program.

Is now is a good time to buy a big-ticket household item such as an appliance? Opinions about this increased 1.7 points to 102, although readings vary across demographic groups. "In particular, positive perceptions are seen among women, those under age 60 and those with an annual income of $50,000 and over, while they are negative among men, seniors and those with income under $50,000," Sandoval says.

Expectations of personal finances a year from now rose 3.5 points to 104.8.

"Overall, Floridians appear to be more optimistic. Most of the increase is due to the positive perceptions of consumers' current and future personal finance situation," Sandoval says.

We have an equity interest in this property and are selling the contract.

http://www.FACSOLD.com/

VISIT OUR WEBSITE and click on WHOLESALE PROPERTIES to see ALL of our properties. Join our email list to receive our daily property list! REALTORS PLEASE DO NOT CALL TO LIST THIS PROPERTY. THANK YOU!

SE 248th Terrace, Umatilla, FL 32784

INVESTMENT: $80,000

3 Bedrooms 1.5 Bath PLUS 3 Lots

1,144 SqFt

Built: 1971

Construction: Block

HOA: $0/qtr

Great opportunity! 4 Parcels are included making this 1.21 acres with so many possibilities! Each parcel is separate now in the County website/Tax information and can be sold separately. Home has been freshly painted on the interior except one bedroom. Kitchen walls have been painted and ready for you to finish. There are no cabinets or appliances. Full bath has been updated and complete. Half bath is in working order. This property is being sold as-is and priced for quick sale. Also included in purchase are parcel numbers 5115-030-011, 5115-030-012, 5115-031-001.

All properties require cash or a private/hard money loan in order to purchase. No conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $3,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract, clear and marketable title with a warranty deed. All closings are with a licensed title company with Insurable Title.

Buyer will be responsible for all closing costs unless otherwise indicated.

Foster Algier

Broker - Gold Key - G.R.I.

FLA Real Estate Services

As real estate investors, we know that location is a primary factor to determining which properties will turn a profit or be a money pit. But did you know that close proximity to a Dunkin Donuts or Starbucks could provide such a bump in property value?!!

Pass me the $$dough$$ ...nuts & coffee!!