All Forum Posts by: Keith Johnson

I have someone who is looking to pay cash for below market properties He is a computer engineer with 38 years of experience and is looking to transition into residential real estate investing(flipping) as he prepares for retirement in the next 5 years. 

He has $1M in cash and another $500K in assets for investing. He is looking for an agent who can find properties that are not on the MLS. He will use the same agent that represents him in buying a property to also represent him with the sale of that same property.

If interested please contact me and I will forward your contact information.

Keith Johnson

1-408-483-9261

[email protected]

Hi All,

If any of you are looking for a Rehab Project in San Carlos, CA. A Colleague of mine has a partially completed rehab/addition that already has plans and permits approved for a ~2500 Sq Ft Home. As you will see at the link he provided below, the Job Card is included with the inspections completed to date (as well as the plans, photos and other information on the property). This is a great and unique opportunity to pass by the long plan/permit approval process and takeover a large addition that has been approved and some of the most challenging inspections already completed.

Their current list price is $1.695M including commission to Agent representing Buyer. Seller's Estimated ARV is $2.3M. Rehab Estimate to complete will vary based on your contractor.

Please see the information below provided by the seller. Here's the info on 144 Edgehill Dr, San Carlos - please find in the attached link:

1. Approved plans with latest changes

2. Photos of property as it sits today

3. Rendering

4. Job card as it is today.

https://drive.google.com/open?id=0B93MV_0sZKF7d3Z6ZG54ZUhYdGs&authuser=0

Hi All,

One of my wholesaler contacts has a new build of 2650 Sq Ft, 4 Bed, 4.5 Bath home located in a desirable area of Willow Glen at 974 Louise Ave, San Jose (just a short walk to the Avenue) that is approaching the final stages of construction(Completion May 2015). When complete, it will be listed on MLS with an agent. However, in the meantime, my wholesaler contact is willing to entertain off-market offers now from Agents with Buyers (Full commission available now until listing agreement is signed in a few weeks when the project is closer to completion...so there is a window of opportunity over the next few weeks) and/or Buyers Directly and/or Wholesalers helping retail buyers find a home. If a buyer moves quickly, they could possibly even select a few of the finishes most importa. The current list price is $1.695M (current off-market price subject to change upon completion...if that changes, the price would be higher so now is the best opportunity to purcha se at that price).

Attached are the following:
- Exterior Color Rendering
- Floor plans with dimensions: a few minor changes the wholesaler would be happy to walk through with you

If interested, I encourage you to drive by and see the progress as you can see the color rendering coming to life now. Having said that, this is still a construction site so, if you would like a tour, please contact me in advance to schedule. If this property is of interest to you or someone you know, please reach out to me directly using the contact information below:

REO/Bank Owned Buyer's Agent
http://www.johnsonk.com
[email protected]
(408) 483-9261

CSR Real Estate Services
5330 Camden Ave.

San Jose, CA 95124

DRE# 01741178

P.S. DON'T KEEP ME A SECRET!

Referrals are the lifeline of my business. If you have a family
member, friend or co-worker that needs my assistance, please feel free
to contact me. I promise to treat them with respect and the highest
level of integrity. Your personal referrals are the greatest
compliment I can receive.

Thank you.

To All,

Today has been a busy day. We have another property that just became available today. Listed below are the details that I have at this time.

Status As Of 02/06/2015

Address: 855 Acacia Avenue

Asking: $750K.

"Per the county records 855 Acacia Avenue is 3 bedrooms / 2 bathrooms with 920 square feet on a 5,000 square foot lot. The un-permitted addition/bedroom is approximately 300-350 sq ft.

Including the un-permitted addition the house would be 4 bedrooms / 2 bathrooms and approx. 1220-1270 square feet."

Property can be seen on either Sat or Sunday? Please let me know what time works best for you?

Keith Johnson

REO/Bank Owned Buyer's Agent
http://www.johnsonk.com
[email protected]
(408) 483-9261

CSR Real Estate Services
5330 Camden Ave.

San Jose, CA 95124

DRE# 01741178

Hi All,

One of my wholesaler contacts just sent me this note on a new below market property. See details below.

I have a 4 Bed, 2 Bath, 1100+ Sq Ft Eichler-Style Home in a desirable location in Santa Clara. I am offering to sell this property off-market for $859K.

There is virtually no inventory in this area and, when something does come available, it's gone very quickly. This property is located about 1 mile from the new Apple Campus currently in construction (target completion late next year - see link to article below). This property can be a flip or it would also make a great buy and hold investment for someone looking to acquire a rental in a desirable area that has great potential to experience price appreciation as the New Apple Plant gets closer to completion (much like what happened to prices in the areas near Levi Stadium when it was being built).

This property has not been updated so it needs a complete cosmetic makeover. The top Eichler-Style recent comps of similar size in the area are located at 3074 and 3087 Atherton Dr. in Santa Clara which sold for $1.3M and $1.285M (in 8 and 11 days respectively).

If you are interested in the property and would like to be added to the invitee list to receive the address and view the property within a few days of when it's vacated, please let me know. There will be a very short buy window (less than a week) for this one after tenants move out before wholesaler moves forward himself because it's a quick and straightforward 30 day type rehab (with the plans he has for it) so it's not worth his time to have an extended wholesale process if he can do it himself in the same amount of time so please only inquire if you have serious interest and you or your buyers can make a quick decision and close quickly. The tenants are currently in the process of moving out and should be done moving as early as tomorrow. Thanks.

Link to Article about new apple campus

http://www.bizjournals.com/sanjose/print-edition/2...

Keith Johnson

REO/Bank Owned Buyer's Agent
http://www.johnsonk.com
[email protected]
(408) 483-9261

CSR Real Estate Services
5330 Camden Ave.

San Jose, CA 95124

DRE# 01741178

I have a 7 Bedroom, 4 Bath property that is just over 3700 Sq Ft Home on a large Almost 1 Acre Lot in an Area where you can have Horses and Other Animals. I am offering this property for sale off-market for $800K  This property is located in San Martin in a "Close-in Country" Type Area...feels far away but just a few minutes from Amenities in Morgan Hill and Gilroy...and it's about a 20-25 minute drive to San Jose. After Rehab, it will be an ideal setup for a buyer with a large family or a buyer looking for a home with an Extended Family Living Arrangement because it has 2 living areas in the middle of the home and 2 "Wings" of the home on either side (one with 3 beds and 2 baths and the other with 4 beds and 2 baths). The huge yard has many potential uses for animals, workshops...and also has a large patio area adjacent to the living space for indoor/outdoor entertaining. The home has not been updated in many years so it needs a facelift but, at $800K, it is hard to find this type of value (Home Sq Ft and Huge Lot). Repair cost are estimated at $80K. it has min $1M After Repair Value upside depending on what you do to it. 

If you or someone you know is interested in getting more information about this property or viewing it over the next week, please let me know. 

I have a good deal in Barron Park Palo Alto that Jason is in contract for. Buyer can get the property for $2,000,000.

Let me know if anyone is interested. Property can be purchased with a loan. Seller said it is ok for people to look and go through the lot to get a good look at it. The comparable sales in Barron Park area in the last 90 days are in this link. I did not consider age or size of home to give people an idea of what they get after building any size new home.

Click the following link to view the Listings:
http://search.mlslistings.com/DE.asp?k=339017BH7c&p=DE-30036179-251

Property Details

Sale & Loan

Assessment & Taxes

Assessed Value : $387,374 Percent Improvement : 36.91% Homeowner Exemption : H Land Value : $244,395 Tax Amount : $5,252.52 Tax Rate Area : 6-059 Improvement Value : $142,979 Tax Status : Current Tax Account ID : Market Improvement Value : Market Land Value : Market Value :

Offered by Fidelity National Title CompanyAll information produced is deemed reliable but is not guaranteed.

Great investment property NOT on the MLS.

662 Starr Ct

Santa Clara CA 95051

3 bed 2 bath home only 2 miles from NEW APPLE CAMPUS finishing up in next 3 years. Home will easily rent for $3500-$4000 per month.

1145 home on 6625 lot leaves opportunity for expansion.

Quiet cup-de-sac location on an even quieter street in one of the best locations in Santa Clara.

Fantastic schools with elementary school at 10/10 score

Comparable sales are around the high 800 to low 900.

House selling for $830,000