All Forum Posts by: Casey Speer

Cashflow from Day 1

Selling 10-Pack SFH Rentals

CAP Rates 14-21%. Average 18%

9 of the 10 are TURN KEY

8 are filled and the 9th TURN KEY property will be ready for re-renting next week after putting another ~$3,000 into the rehab

The remaining property needs $8,000-$10,000 to make it Turn Key

All have been under professional property management for past 3+ years

All title work is done and can close within 48 hours

Possible Owner Financing with minimum of 50% down

Asking Price for all 10 - $284,263.00

For Pictures and Financials, copy and paste this url into your browser.

https://www.dropbox.com/sh/gbu26hk2vwyjvju/AAD4nVkGXx47fQrtJZgBDS9Ba?dl=0

Call Casey at 317-222-9276 or email [email protected]

Yes, we have a construction company that is licensed, bonded and insured that does quality work at very reasonable rates. 

A1 QUALITY Construction         If you would like an estimate please let us know. Thanks!

Casey Speer

We live on the SW side of Indianapolis and invest in Marion County (Indy) and surrounding counties PLUS Madison County - Anderson which is a bedroom community of Indy. (About 30 minutes away). We have 23 SFH Rentals in Anderson. The city has a population of about 56,000 and was hit by the auto industry slowdown, but is coming back. Our CAP Rate are amazing averaging 19% per house. We are in the process of selling 20 of our homes as a basket. We would NOT be selling them, but have another project we want to fund. Once we sell these we will continue to invest in the Anderson Market because of the good deals and upcoming small city close to Indy. Hope that helps!

Casey Speer

YEAR END BLOW OUT! Turn-Key SFH Rentals - MUST SELL BY 12/31!!!

NEED TO SELL Basket of 20 RENTAL SFHs

TURN-KEY Rentals - GREAT CASH FLOW

All under Professional Property Management

CAP Rates 16-23%!

Off-Market as of today - Looking for Cash Buyer

Buy the Basket for yourself and have Residual Income from Day 1 (19 TURN KEY - Only 1 needs $5-10k Rehab - 16 are filled!!!!)

OR

Wholesale all 20! We've left you room for a nice profit!!

Needing to sell by Year End to fund another project

Reasonable Offers will be Accepted

Call Casey at 3-222-9276

Click HERE for Financials & Pix

NEED TO SELL 20 GREAT CASH FLOW 

RENTAL SFHs by 12/31!!!

TURN-KEY Rentals 

All under Professional Property Management

CAP Rates 16-23%!

Off-Market as of today - Looking for Cash Buyer

Buy the Basket for yourself and have Residual Income from Day 1 (19 TURN KEY - Only 1 needs $5-10k Rehab - 16 are filled!!!!)

OR

Wholesale all 20! We've left you room for a nice profit!!

Needing to sell by Year End to fund another project 

Reasonable Offers will be Accepted

Call Casey at 317-222-9276

Click HERE for financials and pix

EMAIL OFFERS TO:  [email protected]

Larry,

Look forward to meeting to you.

Larry,

Thanks you for reaching out into the Indianapolis RE Market area. We are investors that do different kinds of deals including wholesaling, have our own RE Brokerage company, Property Management Company as well as our own Licensed, Bonded and Insured Construction Company here in Indianapolis. We cover the Central Indiana area. Perhaps we may be able to help on another.

Casey & Christy Speer

My name is Casey Speer and am an investor, RE Broker (My wife), Property Mgr. and have our own Construction Company here in Indy.  We know the area very well. 

Duplex 3632-3634 Salem is in a tougher Neighborhood. It is North Central Indy just south of 38th Street and Meridian. (North of 38th is preferred)

Built in 1925 so you may be just past the plaster and lathe walls era which is good. Zillow says it is newly renovated, but I wouldn't believe it until I see it myself (In person or a virtual tour or?) it seems to be a well made house, but again you would need to check it out.

Zillow has it at $47-49K, but if it is remodeled decently well already that is good. 

You should be able to get $600 - $650 per side (Zillow rent estimate is high for the area.) 

HOPE THAT HELPS!

What's the difference between posting a property for sale in the "Properties for Sale" tab of Marketplace verses posting a property on the Investor Marketplace forum?

Does BP have members in New York and California?