All Forum Posts by: John Knabel

FSBO.

Nice little 1.05 acre lot in Madison GA. Walk to Lake Oconee North Shore. Rural area but close to necessities. Flat and ready to build on. Tax Assessed at $11k. Lets make a deal. Buy and develop for yourself or flip for profit. I will consider all offers.

Call or email John.: (408) 771-6501.

I have under contract. 7400 SF vacant, unimproved lot. Very close to Jackson Lake in Covington GA. Contract is $2500.00. I will assign the contract to you for $1000.00. You close with the seller. Assessed value is $6000.00. Flip it for nice little profit or keep for yourself.

Call or email John if you are interested. (408) 771-6501.

Hi Andrew.

The area is class C, the property is class C. Blue collar neighborhood. The property cash-flows as is but it does have upside to increase your ROI. It depends on you. I am the only party. If you have the means to close on a deal like this I may be interested in partnering with you. Let me know your thoughts.

Regards,

John

Price $2.3

Down $462K - 20% Estimated

Loan $1.8M - Estimated

Occupancy Stabilized 90%+ Actual

GOI $424+

Expenses $230+ - 51%

NOI $194+

Rehab - None. Could use upgrade if you choose

Annual Debt Service $125K+ - Estimated

Annual Cash Flow $68K+

Monthly Cash Flow $5.6K+

I am not an agent. This property has upside depending on what you want to do. I am selling my interest (contract) in the property. I step out, you step in and close. I need cash otherwise I would keep this for my portfolio. Contact me if you are interested.

Thanks,

John

Hi Sam,

I would be happy to. Please give me a call first so we can discuss the numbers.

Thanks,

John

408-771-6501

Hello Folks. 60 plus unit, well maintained, stabilized (93% occupancy), cash-flowing apartment building. C class building in C neighborhood. Strong rental market. No rehab needed. Has upside depending on what you want to do. I am selling my interest in the property. I step out, you step in and close. Only $10k EMD and does not go hard for 45 days. I am selling because I need the cash, otherwise I would keep for my portfolio. If you are interested send me your contact info and I will call you.

John

Chris. Thank you!

Hi Guy's. I am looking for an investor friendly real estate attorney in San Jose California. I am working with FSBO properties and I have many leads. I need an attorney ASAP to help me with the agreements and closings since we will not be using agents. Any help would be greatly appreciated. Any attorneys here that are interested please contact me ASAP.

Thanks!

Hi Charles. I may be interested in buying but I need more information.

What are addresses?

Why are you selling?

Do they need repairs?

Thanks,

John