All Forum Posts by: Jerald Alford

@Mark Rawls

Hello Mark, welcome to BP, I'm a wholesaler in Jax, let me know what types of properties you are interested in should you decided on Jacksonville.

Hello and thanks for stopping by!
Here you have a 2 Bed 1.5Bath Condo for sale, this unit has an upstairs and downs stairs. The master bedroom has an access door out to the rear breeze way on the second floor.
This unit is currently occupied (please do not disturb the tenants)
This Condo is located minutes from Downtown Jacksonville! 

Upon purchase the new owner and current tenant will discuss terms of rent or date of expected departure of the residence.

Investment Potential:
Rent: $700
Taxes: $430 per yr
Insurance $500 per yr
HOA: $250 per month
at 27k = 16.59% cap rate.

Contact Jerald "J-AL" Alford for more pictures and details at 904-438-8963

@Jeremy Pace

Thanks for the reply, my target audience is Absentee Owners with 81%-100% equity and I mail out to the whole city. (but with a budget of only 100 i can only buy a list of 400 names)

So I'm assuming in increasing my amount of mailings, I would be able to increase the number of offers that I would be able to make per month.

So I've been wholesaling for nearly a year doing monthly campaigns of 400 (do to budget) and now I'm finally about to close on a deal that can increase my budget and therefore increase my mailings and so forth.

My question to those that are experienced

Would any of you increase your mailings from 400 per month to 4000 per month?

If not why and if so why?

Thank you in advance.

Hello @Jessica Swingle I see that you are reaching out for assistance in unloading your portfolio. I'd be more than happy to help you out with this. If at all possible can you send me a list of your properties as well as your bottom line numbers for each? I'm a wholesaler here in Jacksonville by the way.

@Mike Osterman  Hello, I'm looking into getting some skip tracing done, I recently used Peopefinders but wanted to know which was better; that or TLO

thanks in advance.

@Joshua Gordon

Welcome to BP Joshua! I'm a wholesaler here in Jax! I look forward to meeting you at one of the meetings

@Peterson Dierivot

Welcome to BP Pete, I'm a wholesaler here in Jax! hope that we may be able to help each other in the future. I too will be at the next REI meeting.

Less than 10k per Unit!!!!

Description

Concrete Block!!!!!!!!!!!!!!!!!!!!!!!

2 Quadraplex units that house 2bed 1bath each.
Great for investment.

Repairs are needed to one section of the a units roof and the rest is cosmetics
i.e. cabinets, kitchen appliances, paint. Wood flooring is solid

Investment Potential:
Median Rent for the Area = $600
@ $450 per unit that's $3600 a month
or $43,200 gross a year.
Proposed Taxes: $1200.00
Estimated Insurance: $1400.00

7815 Marion St. Jacksonville FL 32209

Here is a 3bd 1bath quaint little home to invest in or call your home. Your choice!!!

Wood Flooring throughout the home.
Very good roof
Connected to City Water
1 Car Garage, screened in porch, shed in the back yard, and plenty of space in the back yard to entertain friends and family. This home is currently vacant.

County currently has this listed as a 2bd 1bth, but this is incorrect and there have not been any un-permitted additions made.

Investment Breakdown:
Average Rents: $1097 (per rentometer.com)
Rent @ $750 per month would yield a $9000 Gross income
Taxes: $680 per year
Insurance $650 per year
Cap Rate: 21.9% yearly!!!

Comps:
8145 Marion Cir
Sold: $55,000
Sold on 10/28/14
-------------------------
1010 Edgewood Ave W
Sold: $40,000
Sold on 11/04