All Forum Posts by: Account Closed
Account Closed has started 7 posts and replied 22 times.
Scheduled to close on November 15th
Only cosmetic updates needed - paint, flooring, kitchen and master bathroom updated
Large lot with room to add a pool
ARV with updates - $325,000
Repairs - $15,000
Wholesale Price: $252,000
Post: DFW Investors Happy Hour Meetup
- McKinney, TX
- Posts 33
- Votes 4
My husband and I would love to meet other investors in Dallas and this sounds like the perfect opportunity to do so! Can you please add me to your distribution list? [email protected]
We are a real estate investment firm that is currently taking on additional investors that are seeking passive income opportunities.
HIGHLIGHTS:
Hermansky Real Estate, LLC offers investments in real estate for savings and retirement funds. This program is IRA Eligible.
Instrument: Real Estate Promissory Note
Investment: $25,000 - $250,000
Property: All purchases in the Dallas Fort Worth Area
Interest Rate: 12% fixed return - paid monthly
Term: Lesser of 1 year or the completion of the project
Income Stream: Monthly interest payment
INVESTMENT SCENARIO $100,000 INVESTMENT ON A $300,000 PURCHASE PRICE HOUSE
- Hermansky Real Estate, LLC offers a property
- INVESTOR makes investment for a one year term
- INVESTOR is paid 12% interest per year on the investment - in this case $1,000 per month
- INVESTOR is returned his/her original investment of $100,000 at the end of the term, in addition to the monthly payments of
$1,000/month
- Return on Investment
A) 12% simple interest on $100,000 for 6 months = $6,000 ROI
- INVESTOR ROI = (assuming 2 property flips per year) in a 1-year term turned their original $100,000 investment info $106,000
@ 12% interest x's 2 properties per year = $12,000 returned interest
PARTICIPATION: Earn passive income. All issues regarding maintenance, management, tenants, etc. are handled by Hermansky
Real Estate, LLC
NO FEES: Hermansky Real Estate, LLC incurs all expenses in closing on the investment, as well as any expenses incurred in the management of the investment property
Post: Flip and Fix Property in Wylie Texas
- McKinney, TX
- Posts 33
- Votes 4
Great fix and flip opportunity in Collin County Texas located in the thriving metropolis of Wylie. This property was just put under contract from a short sale and is a steal at this price. Home is not occupied as it was a product of the hail storm this year. We have over 100 pictures available for review in our drop box. ARV on this property is being figured at $101 a square foot which is a little less than the median square foot price in of sold properties. We have the ARV at $365,000 with a very high side repair estimate at $82,000 if you want to really do all the updates with high quality material. Please email me with any questions. Thank you. Click on the pictures link to be redirected to our drop box with all the pictures.
Post: Anyone ever use JDB Funding
- McKinney, TX
- Posts 33
- Votes 4
We are looking at acquiring a fix and flip loan through this company JDB Funding, Inc out of Las Vegas and a man named John D. Bayer. Has anyone ever used them and can give me a recommendation. I hate to send him a 1% fee upfront to get scammed.
Post: Looking for Long Term Business Investors for Multiple Flips
- McKinney, TX
- Posts 33
- Votes 4
I am a real estate investor with off market wholesale properties available to purchase for fix and flip's. They have price ranges all over the board, but I need to build my network of private money. Hard money is expensive and the fees build up over time. My company is looking to partner with a select few private investors who are interested in a solid return on their personal money. I have turned more than 85 properties in the past and would like to move the price of my homes up. Please contact me and my husband and I will schedule a time to meet you so that we can put a face with the name. We believe in the personal side of this business so that both parties can feel comfortable and be in it for multiple deals. Thank you for reading
Post: Experienced Investor Looking To Partner With Newer Investors
- McKinney, TX
- Posts 33
- Votes 4
Sending you a message to your inbox
Interested! If still available, can you send me the details? [email protected]
Thanks!
Michelle Hermansky
Post: Clean 3/2 brick rental in Denton
- McKinney, TX
- Posts 33
- Votes 4
Still available Jordan?