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All Forum Posts by: Jake Soteros

Jake Soteros has started 12 posts and replied 16 times.

Post: Developing RV parks?

Jake Soteros
Pro Member
Posted
  • Flipper/Rehabber
  • Las Vegas, NV
  • Posts 16
  • Votes 3

I am talking to an RV park owner that inherited a run down park with alot of potential to improve and develop just outside of Austin.  The owner is very open minded and wants to do something with it and would probably finance.  I am thinking to try to syndicate this.   PS. I have NO experience in RV  parks or syndication ;-)  Any experienced investors care to give me some pointers???

Post: Probate Deal in North Las Vegas

Jake Soteros
Pro Member
Posted
  • Flipper/Rehabber
  • Las Vegas, NV
  • Posts 16
  • Votes 3
Originally posted by @Marlen Weber:

Absolutely that's still a deal, @Jake Soteros. I'd love to see before and after pictures. 

 Im still learning how this site works but there are more pics of this on my profile.  https://www.biggerpockets.com/...  

Post: Probate Deal in North Las Vegas

Jake Soteros
Pro Member
Posted
  • Flipper/Rehabber
  • Las Vegas, NV
  • Posts 16
  • Votes 3
Originally posted by @Michael Robbins:

@Jake Soteros what was your turnaround time from purchase to sale? Congratulations on making it happen.

 about 6 months.  I hooked them up with my probate attorney.  It took about 4 months to process then a quick rehab and sale.  Easy peasy

Post: Flip in Laughlin, NV

Jake Soteros
Pro Member
Posted
  • Flipper/Rehabber
  • Las Vegas, NV
  • Posts 16
  • Votes 3

Investment Info:

Townhouse fix & flip investment in Laughlin.

Purchase price: $165,000
Cash invested: $12,300
Sale price: $222,500

easy rehab in Laughlin NV. And I nice relaxing drive there every couple of weeks

Post: Stinky condo to sweet lil pad

Jake Soteros
Pro Member
Posted
  • Flipper/Rehabber
  • Las Vegas, NV
  • Posts 16
  • Votes 3

Investment Info:

Condo fix & flip investment in Las Vegas.

Purchase price: $75,000
Cash invested: $13,500

still on the market. I fought hard for this deal for about 18 months. Listed it for awhile until they finally accepted my offer. It is not getting much attention on the MLS but hope that changes in 2021

Post: Probate Deal in North Las Vegas

Jake Soteros
Pro Member
Posted
  • Flipper/Rehabber
  • Las Vegas, NV
  • Posts 16
  • Votes 3

Investment Info:

Condo fix & flip investment in Las Vegas.

Purchase price: $131,000
Cash invested: $12,500
Sale price: $172,000

Easy rehab for about $12K profit. Not a big deal but still a deal

Post: Easy one from a local realtor

Jake Soteros
Pro Member
Posted
  • Flipper/Rehabber
  • Las Vegas, NV
  • Posts 16
  • Votes 3

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $151,000
Cash invested: $24,500
Sale price: $229,000

quick and easy. I consider this a
facebook lead as the realtor saw that I flip and called me up. House was in foreclosure and I had 14 days to close

Post: My personal residence, to a rental to a rehab and sale

Jake Soteros
Pro Member
Posted
  • Flipper/Rehabber
  • Las Vegas, NV
  • Posts 16
  • Votes 3

Investment Info:

Single-family residence buy & hold investment in Las Vegas.

Purchase price: $179,000
Cash invested: $41,500
Sale price: $319,000

was my personal residence, then a rental, then a rehab and sale

Post: my 1st manufactured flip

Jake Soteros
Pro Member
Posted
  • Flipper/Rehabber
  • Las Vegas, NV
  • Posts 16
  • Votes 3

Investment Info:

Mobile home fix & flip investment.

Purchase price: $91,000
Cash invested: $14,000
Sale price: $145,000

Bought from a cold call from a nice lady.

Post: single family flip 2019-2020

Jake Soteros
Pro Member
Posted
  • Flipper/Rehabber
  • Las Vegas, NV
  • Posts 16
  • Votes 3

Investment Info:

Single-family residence fix & flip investment in Las Vegas.

Purchase price: $120,000
Cash invested: $35,500
Sale price: $219,000

Took me about 8 months of follow up to buy this one. $34K profit