All Forum Posts by: Loreal Amporful

@MarieChele Porter I definitely agree with @Chance Bridges about the good rental areas in and around Atlanta...I would also like to add a few more good areas to rent 30030 and 30034...I have investor clients who have strong rents in those areas too.

My farm area is Decatur mainly 30032, Many of the investors I work with typically look for 10% or more roi in that area...7.9% isnt bad but depending on your exit strategy, and your numbers it isnt the best deal.

@Sheryl Gurvey Hi Sheryl I currently service the decatur/ atlanta area. I am a "investor friendly"  real estate agent. I can definitely be your feet on the ground.

I have an extremely motivated seller in savannah, ga. The property has been vacant/boarded up for awhile and is in bad shape. Possibly needs everything (plumbing, electrical, etc), roof looks like it would need to be changed as well. The property also has some code violations. I have this property under contract directly with the owner. So check out this property, crunch some numbers, Make me an offer or contact me for information!

Hi currently have this property under contract, but I need to restructure this deal. I am looking to wholesale the property, but currently the owner is under water and wants to get rid of the property. Only problem is the property needs work and he owes 37261.56 which is more than what the property is worth. How can I restructure this deal so that its a win win situation? Any feedback would be appreciated.

pics: https://www.dropbox.com/sh/6v2jjgdutoevvuw/AAA1PULVXeJvSepW5lqqxHjAa?dl=0

pics: https://www.dropbox.com/sh/gslft03vxiqa2wr/AAAgve91V6TOrGl-HVRm_kETa?dl=0

This is a small property located in Augusta, Ga.   Located 7 mins from downtown and the river walk as well as the historic canal.  The house has been vacant for some years and will require a full rehab. The good thing about this property is that the roof is in pretty decent shape. Estimated repairs for a house this size would be no more than 10-15k!!

• If you're looking for a buy, fix, and hold deal, this is it! MAKE ME AN OFFER!
• Check this deal out with your contractor, run your numbers and let me know if you're ready to move forward with a contract and earnest money deposit.

• VACANT - Contact me to access instructions.

It's refundable only during due diligence period but becomes nonrefundable  after that date.  Sorry for any confusion.

296 Martin Dr, Jonesboro 30238

3 bedrooms, 2 bathrooms 

Built in 1984

Purchase Price: $68,900

Vacant

Pics: https://www.dropbox.com/sh/o4lgt0w0ou1337s/AABK2edAsw36gXWRMrotgrfka?dl=0

Property will need to be cleaned out. Once cleaned out, property will need cosmetics (carpet cleaning and paint), and the kitchen has no fridge. Property on lockbox; Contact me for access!

• The Terms if you want to buy this house
  • Closing will take Place at Halperin and Lyman (Tonya McEntyre is the closer)
  • 1k non-refundable earnest money must be wired to Halperin and Lyman within 24 hrs of accepted contract.
  • Cash Sale (No VA, FHA Loans)
  • Buyer must close fast, 10 days or less.
  • This is a As-Is Sale
  • There are No Seller Disclosures
  • Buyers Please Due Your Own Due Diligence (Comps, Rehab, etc) Prior to signing contract and submitting Emd.
  • ***Agents*** Add your required commission on top of the sales Price

Cash Price

$125,900

5763 N. Castlegate Dr
College Park Ga 30349
Pics: https://www.dropbox.com/sh/9nnlezojnkqyjdk/AACOavrGSaC8imkq7wfWCJwia?dl=0

• Triplex
  • Side A - 2 bedrooms, 2.5 bathrooms (Tenant - $660/mth)
  • Side B - 2 bedrooms, 2.5 bathrooms (Tenant - $695/mth)
  • Side C - 1 bedroom, 1 bathroom (Tenant - $450/mth)
    • Rental income - $1,805
• Built in 1985
• 3184 total square feet
• 2015 Property Tax - $1,397

• Tenant occupied - Drive-by only, You will have to contact us to schedule an appointment. If you have never bought a property from us you will be required to provide a proof of funds to view the house. Serious cash buyers only.
  • Closing will take place at Halperin and Lyman (Tonya McEntyre)
  • $2,500 non-refundable earnest money will have to be submitted to Halperin and Lyman within 24 hrs of accepted contract. (EMD is refundable ONLY within the Due Diligence period)
  • No FHA or VA Loans
  • This is a As-Is Sale
  • NO SELLER DISCLOSURES
  • If we have a multiple offers situation, the deal will go to the highest and best offer.
  • ***AGENTS***Add your required commission on top of the sales price.

• BUYERS PLEASE DO YOUR OWN DUE DILIGENCE

Cash Price
$120,900

5772 N. Castlegate Dr
College Park GA 30349

PIcs: https://www.dropbox.com/sh/ogsn2u4jo8evept/AABwKgibhS07btMiAW6r-shYa?dl=0

• Triplex
  • Side A - 2 bedrooms, 2.5 bathrooms (Vacant, Contact us for Lockbox Code)
  • Side B - 2 bedrooms, 2.5 bathrooms (Vacant, Contact us for Lockbox Code)
  • Side C - 1 bedroom, 1 bathroom (Tenant - $450/mth)
• Built in 1985
• 3328 total square feet
• 2015 Property Tax - $1486