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All Forum Posts by: Kedian Jimenez

Kedian Jimenez has started 20 posts and replied 88 times.

Post: Just Bought My First House in the Bronx!!!

Kedian JimenezPosted
  • Specialist
  • New York City, NY
  • Posts 97
  • Votes 24

congrats!! you have your foot in the door!

Post: Big Equity! Huge EQUITY! Port Jervis HANDYMAN special

Kedian JimenezPosted
  • Specialist
  • New York City, NY
  • Posts 97
  • Votes 24

634 Eatontown, Port Jervis, NY 12771
Br 4 BA 3


Good for HANDY home owner that wants a good deal and also Good investment for flip opportunity.

FRV (Fair Market Value): 280k (more land, more worth)
Repair: 35k
Asking: 199K



Ask for more details and pictures

Desc:
Spacious bi-level on 15 quiet and private acres! Enjoy your morning coffee on the deck while overlooking the extended back yard. The outbuildings include a pole barn, being used as a workshop w/electric, heat & water.Separate 1 car garage has a workshop/work bench area. Greenhouse is currently being used for storage.


Repairs:
Some cosmetics. Flooring and paint. Bathrooms will have some updates and maybe redo completely of 2 bathrooms. kitchen recently updated. There will definitely be a good amount of landscaping since the shrubbery isn't taken care of yet and this is on 15 acres of land!

CASH PREFERED but Make your best offer either way. call our number leave your details and we'll follow up with you asap. This is not a bid war. First come first served.

Please no brokers we are only looking for cash buyers or if you represent a buyer.

Post: Starting Up in the New York Area

Kedian JimenezPosted
  • Specialist
  • New York City, NY
  • Posts 97
  • Votes 24

Always good to connect with others. I am in NYC always looking to do better and coonect with others and grow. message me and lets get aquainted :-D

Post: OFF MARKET! Big Equity! Huge EQUITY! Port Jervis HANDYMAN special

Kedian JimenezPosted
  • Specialist
  • New York City, NY
  • Posts 97
  • Votes 24

OFFMARKET. Good for home owner that wants a good deal and also Good investment for flip opportunity. 

FRV (Fair Market Value): 280k
Repair: 35k
Asking: 210K

Spacious bi-level on 15 quiet and private acres! Enjoy your morning coffee on the deck while overlooking the extended back yard. The outbuildings include a pole barn, being used as a workshop w/electric, heat & water.Separate 1 car garage has a workshop/work bench area. Greenhouse is currently being used for storage.

Repairs:
Some cosmetics. Flooring and paint on first floor and some on top floor. 1 Bathroom will have some updates and maybe redo completely of other bathroom. The kitchen recently recently updated. There will definitely be a good amount of landscaping since the shrubbery isn't taken care of yet and this is on 15 acres of land!

CASH PREFERED but Make your best offer either way. call our number leave your details and we'll follow up with you asap. This is not a bid war. First come first served. 

Just PM me or leave your info with assistant for fastest contact via 888 890 2685

Post: East Orange NJ house hack

Kedian JimenezPosted
  • Specialist
  • New York City, NY
  • Posts 97
  • Votes 24

I found many nice areas in East Orange. Irvington is considered rougher and newark varies. The areas are definitelly going through a transition with all the building and things going on in the areas now

Post: How can I find cashflow properties under 100k

Kedian JimenezPosted
  • Specialist
  • New York City, NY
  • Posts 97
  • Votes 24

You can find deals in the city but it's not something I would rely on. You have to be willing to decrease margins in that case and go into the higher units, commercial market. There's less comp there which makes it easier to compete. however growing areas upstate like Rochester & Port Jervis are areas where you coul potentially get that kind of value and definitely don't forget about New Jersey. You just have to be prepared for the highest taxes and laws but that's leveled with the kind of rents that are put up here. I was wholesaling in Newark, New Jersey and its on a swing. Ultimately just pick your market and as things change you'll start seeing the niche area you naturally do better in. Just be ready for the ups and downs and expect them

Post: Offer analysis

Kedian JimenezPosted
  • Specialist
  • New York City, NY
  • Posts 97
  • Votes 24

Hey I'm currently negotiating a deal for a property in Port Jervis, NY 12771. The sold properties around the area seem to leave an ARV around 270k-280k. Medium repairs need around 35k (bathroom update and redo, floor, cosmetic, shrubbery on many acres, etc). What would be a great price to get it at as a flipper since this would be my first flip. Also margins as a wholesaler would be great as that leaves me with multiple exits.

i was thinking somewhere around 150-170K

Post: Market AVG DOM sale time

Kedian JimenezPosted
  • Specialist
  • New York City, NY
  • Posts 97
  • Votes 24

Hey I am a wholesaler, who is possibly doing his first flip with a property that we will be putting under contract in the following days.

My question is, what would be the average days a property takes to fix and sell once purchased. The property is in Port Jervis, NY zip code 12771.

Also info on the following areas would be great:

Bronx, NY

Orange county NY

Dutches County NY

Westchester county, NY

Post: 1st Flip!!! Learning the Hard Way

Kedian JimenezPosted
  • Specialist
  • New York City, NY
  • Posts 97
  • Votes 24

awesome stuff!! love it. keep sharing the stories and make a blog about your daily process and when you read it in the future it will show you the evolution of your thinking and things to remember and learn about. **** I can see alot of viewers/readers tuning in to see whats going on!

Post: Assignment Contract I just closed.

Kedian JimenezPosted
  • Specialist
  • New York City, NY
  • Posts 97
  • Votes 24

@Anthony Perez - I am just upfront with all of it usually but I am always open to try something that will help the end game so thanks for the feedback. DO you just keep it disclosed until they go to closing and don't have it upfront on the AOC