All Forum Posts by: Steve Lawson

This property is only $47,000 and needs just $5,000 of rehab (that is with us managing the rehab for you) to have an ARV of $60,000. It will rent for $800 and generate a net cash flow of more than 14% on your $52,000 investment. Then you have an ideal low maintenance investment property…a 3br/1ba with garage built after 1960 on a slab (no basement) with roof less than 10 years old. CLICK HERE for details including Comps, Photos, and a Financial Evaluation.

Great Fix & Flip near Butler University. A solid home that needs some cosmetic upgrades and some value created. Purchase it for $47K and put $24,500 into it (that includes paying us to manage the rehab...could be less if you DYI) to create a property that should sell for about $105K. Check out the Comps--the only other rehabbed 4br/2ba nearby sold for $159,900. Rehab includes cosmetic upgrades plus improving the finished basement and adding a bathroom. Move fast because this is a Flipper's dream property. CLICK HERE for details including Comps, Photos, and Financial Analysis.

This 4-unit property has had high-quality updates (SEE PHOTOS) and has 4 tenants in place. It is cash-flowing and generating a net cash flow of about 15%.

In addition, a wave of rehabs (and property value increases) has been moving this direction from downtown. Just 2-3 blocks to the West single family homes are now selling for $120K to $150K.

CLICK HERE for more information, photos, and a financial evaluation.

This triplex has been owned by the same person sense 1978. He is a licensed plumber who has kept every part of the building updated and well-maintained. It currently has three tenants at below market rent and still NETS a 20% cash flow. You will not find many opportunities like this!

CLICK HERE for more info, pictures, and a financial evaluation.

The popular Little Flower neighborhood is filled with two bedroom bungalows selling for $70K to $110K. This fix & flip is simple because the hard work has already been done. It received a new roof, new furnace, new water heater, and updated plumbing and wiring in 2015 (then it had a tenant for a year). Now it needs some cosmetic touches to generate a quick profit. This house, garage, and corner lot are larger than most of the comps. Asking $49K...make an offer!!

Please CLICK HERE to see the property page.

This triplex with beautiful hardwood floors was recently updated, including three new furnaces and new duct work. Two tenants have been placed and third should be moving in soon. Earn 18% cash flow on this money machine and MORE in the future. After rehab, property manager used below market rent rates to fill the units quickly in this appreciating area.

Please CLICK HERE to see the property page with pictures. Be sure to click on the Docs tab to view the financial summary.

The area around this property has been appreciating, but the prior owner never increased rent on this long-term tenant. You get strong cash flow (15%) on a property you can easily re-rent for more or sell for a good profit.

Please CLICK HERE to see the property page with pictures. Be sure to click on the Docs tab to see the financial summary, which includes comps. You get a property for $38,500 and the comps are $57K to $119K!

This SFR was recently rehabbed with a new roof and gutters, new furnace and water heater, and several other upgrades. It is built on a slab and is very low maintenance. It has a tenant in place (with excellent property management). Asking $47K...make an offer!

You can CLICK HERE for a property page with more details and pictures. Be sure to click on the Docs tab for a complete financial evaluation, including comps.

4801 E 21st St Indianapolis, Indiana 46218

This 2 bedrooms 1 bath family home is just asking for a tenant! Quaint property with a usable basement and a 1 car detached garage. For only $44,000 (OBO) you will receive a 14% net cash value and an adorable home that will be ready to rent by fall!

http://p.reiblackbook.com/p2/149277

15 N Riley Ave Indianapolis, Indiana 46201

This 4 unit building offers 2 - 2b/1b and 2 1b/1b in the popular Irvington area. This building will be completely rehabbed and ready for renters! $150,000 investment yields a 14.8% net cash flow and a 12% ROI.

http://p.reiblackbook.com/112208