All Forum Posts by: Jerry M.

@Michael Jobe 

Thanks I see we are in the same area and you are a agent. I am looking for properties in Wake, Johnston and Durham counties. Maybe we can get to together sometime to view some properties.  

Sweet looking forward to seeing this show.  Congrats again!

Nice Job

Asking Price 55k Owner Finance with 20k Down Terms 10 years @ 8% interest payment of $424.65 per month. Buyer Pays all closing cost!

 Located in High Point, North Carolina

2BD 1 BA currently rented for $500.00 on Month To Month Lease  

1BD 1BA currently rented for $300.00 1 year lease is up February 2015

Taxs $375.00

Insurance $400.00

Landlord pays water bill ($25.00 to $30.00 per month)

Total Income $9600.00

Completely Remodeled in 2012 Updates Including

Windows 
1. Roof
2. Plumbing
3. Electrical
4. Siding
5. Heating System
6. Maintenance free for a long time to come.

I am looking to connect with some wholesalers. I purchase properties in Wake, Johnston and Durham Counties of North Carolina. Please feel free to add me or ask me any questions. Thanks Looking forward to hearing from you. 

@Dain Boelter 

I would sell you are losing buddy. I am not far from you I am in Smithfield. Take Care

i would not say war zone but I would not live there with my family. But most investors would not live where they buy.

@ned there is some deferred maintenance I am sure

i would not say very low income but I would say lower income. There are alot of rentals is this area. I have not went to view the properties yet so not sure on the maintenance also waiting on the rent roll. Most homes there are 30 to 50k range.