All Forum Posts by: Jacob Evans

@Robbie Williams The Spokane market is BOOMING right now! Unprecedented appreciation here over the past 24 months. What were your thoughts on the Spokane market after doing your research and comparing???

0 Votes

Welcome to BP, Nathan!
I've been a wholesaler and flipper in Spokane, WA since '07. If you're ever looking to cross the border and look in the Spokane area, hit me up!

Happy Hunting, ~Jake

1 Vote

Here's another wholesale real estate deal from Jacob Evans and the team!

Rent ready with many updates.
Projected monthly cash flow of $1,200 after refi @ 5%

Contact me to tour the inside this Saturday!
509-413-6539

~ Financial Freedom Made Easy ~

A rent ready duplex AND a 1 bedroom house, on the same lot, are available for assignment.

Great location. All tenants are on month-to-month leases and due for rent increases

Comps - All multi-unit properties within the past 12 months within 1 mile of the subject property.
Google Map
County Info
Zillow Pictures
Additional Pictures

Address: 1608 W Shannon Ave, Spokane, WA 99205
Purchase Price: $229,000
Rehab Costs, est: $6,000 - $9,000
Closing Date: Jan 28th, 2019 or sooner
Cash Flow est: $1,150 - $1,250 per month

Current Gross Rents: $1,950
Unit A (3 bed, 1 bath): $750
Unit B (2 bed, 1 bath): $750
1 Bed House: $450

Projected Gross Rents: $2,650
Unit A: $1,100
Unit B: $800
House: $750

Notes:
- Properties could use minor updates.
- Cash or private financing only
- Do not disturb tenants
- Landlord currently pays water, sewer, garbage.
- All units are separately metered.
- Leases and security deposits will be transferred to buyer at closing.

To secure this deal please complete all of your due diligence and deliver or wire $5,000 non-refundable, earnest deposit.

~ Happy Hunting!

3 Votes

Welcome to BP, David!

I've been an wholesaler and flipper in Spokane since '07.

Hit me up if you'd like to talk shop.

Happy Hunting! Cheers ~Jake

0 Votes

Hi @Steven Valencia, welcome to the area.
I've been a wholesaler and flipper in Spokane since 2007 and I would be happy to chat about multi-units in the area.
Hit me up if you have any questions.
Happy Hunting!

1 Vote

Hey @Laura Graves
When you are ready to relocate, let me know. I've been a flipper and wholesaler in Spokane since 2007 and would definitely be able to help you out!

0 Votes

Hey Mike,

Let me know if you'd like to talk shop. I've been investing in Spokane since 2007, so feel free to hit me up!

0 Votes

Hi Eric,

Welcome to BP!

I've been a wholesaler and flipper in Spokane County since 2007.

I'd be happy to chat with you about the area and share any deals we have upcoming.

Congrats on finding BP!

-Jake

1 Vote

Hey @Mike Naccarato great to see you on BP! Coming here is definitely a step in the right direction. I have been investing for over 10 years and this is a great place to be! Let me know if you ever want to trade notes!

1 Vote

@Erik Petrovich welcome to the investing world. I've been investing in Spokane since 07'. Let me know if you'd like to trade notes sometime.

3 Votes

All Forum Posts by: Jacob Evans

Jacob Evans has started 15 posts and replied 110 times.

Post: Newbie from Seattle WA

Post: Nathan McLeod - New Member

Post: Wholesale Deal - Duplex w/House Near Shadle! Tour Saturday

Post: New member from Spokane, WA

Post: Spokane, WA multi-family property investing

Post: Choosing which neighborhood to invest

Post: First Investment Question

Post: Hello from Eastern Washingtion/North Idaho

Post: Newbie from Spokane WA

Post: Just starting in Spokane