All Forum Posts by: Jordan Buie

RESPOND IMMEDIATELY IF INTERESTED, 3 Duplexes in Jackson, Tenn. for $125,000!!!!These properties were purchased in 1999 for

$137,737

7-9 Commodore
Total Market Appraisal: $70,600

24 Brianfield
Total Market Appraisal: $56,900

35 Brianfield
Total Market Appraisal: $73,100
Verify appraisal values at http://www.assessment.cot.tn.gov/RE_Assessment/Par...
3 of 6 units are rented and currently paid up.

3 of the 6 tenants have been there for more than 3 years.

Tenants pay all utilities and are responsible for mowing the lawn.

Average Gross rents $2,840 per month
Taxes are $150 per month total
Management fee is 10% of collected rent or $284.00 per month
Maintenance and repairs estimated at $100 per month each or $300 per month total
Mortgage payment is $880 per month based on a loan balance of $70,000

Net positive cash flow is: $1,226 per month +/- depending on maintenance costs and your insurance costs. 

http://nashville.craigslist.org/reo/5323817874.html

REPLY FOR MORE DETAILS!!!!!

Are there any wholesalers in Middle and West Tennessee with significant buyer's lists?

Hello Bigger Pockets community, I'm in the process putting several great deals with major equity under contract in Tennessee and will selling and assigning to interested buyers.

These properties will have one of the following:

A enough equity for profitable flips, ARV, Comps and ROI already calculated,

Be units with equity AND TENANTS!

or a combination of the two in the form of multi-family units that spread risk and lower the impact of vacancy. I WON'T SEND OUT ANYTHING THAT ISN'T A GREAT DEAL!!!!!

Please private message me with your contact information if you are an investor interested in purchasing great deals in the Middle Tennessee or West Tennessee area!

Does anyone have any recommendations for a good real estate attorney in the Nashville area?

Thanks@Logan Dicksonvery helpful!!!

Hello,

Are there any wholesalers out there willing to share the documents you use for wholesaling?

Thanks @Tom Shepard and @Account Closed

Hey guys, if you do a lunch meetup, please count me in. I'm a new real estate investor living in Nashville. I have a lot of free time outside of work at the moment and a lot of tenacity and dedication toward my goal of $3K monthly through real estate by the end of 2016. I'd like to know more about wholesaling and assigning notes as you all discussed, and would be more than willing to offer any assistance in your deals where needed! 

Thanks for sharing!

Jordan Buie

@Account Closed Golden advice! Thanks for sharing!

Hey @Linval T. 

Thanks so much for reaching out and sharing so much helpful information. I appreciate your support!

-Jordan