All Forum Posts by: Manesh Hardeo

We are looking for 2 talented individuals that dont want to feel shackled.  Come join our fast-paced, exciting environment and UNLIMITED earning potential!  Glassdoor has named us one of the top 50 small to medium sized companies to work for by employees choice 2016, 2017, and 2018!!  Shoot me a message if you would like to discuss further -- best of luck in your search!

Quite a thing to see this thread today!

Hello all,

I have a crazy situation and wanted to see if anyone else has dealt with this.  We bought a house and closing docs were signed off on the Friday prior to Labor Day.  The deal funded by noon on the Tuesday since Monday was the holiday and the funding department was backed up. 

The deal closed, funded, but apparently the mortgage company sent the funds back and said they foreclosed on it.  I've never dealt with this before in 14 years.  

What can we do?  Thanks in advance.

Manesh

This property finally closed on Friday. Here's a prelim summary versus what actually happened.

Initial Estimates provided by Networth Realty:

ARV: $150k
Rehab:  $35k
Price:  $75.9k

Sub-to lender appraisal came in at $167k before I closed.

What actually happened:

Sold for:  $174k in 42 days
Listed for: $199.9k  
Rehab:  $52k (got screwed by a new contractor I was trying to vet for our investors)

So, overall even with our hardships we still did fine.

Happy investing!

So, we actually have this home under contract and @Robert Mitchell finished it up after dealing with a horrible contractor and losing $25k.  Thanks Robert and we're hoping it closes on time!

Here's the finished product!  Sorry it took so long!

http://www.trulia.com/property/1050942140-1912-Vesta-Ave-College-Park-GA-30337

It had sold at $210k.  This was a while back though.

It is.  Give me a shout.  404-987-8644.

Buy this incredible rental in an upcoming neighborhood in the East Point area of Metro Atlanta.  This area is close to the airport, Porsche, with easy freeway access.   Values are really starting to appreciate here and are still in the early phases.  Get in before the prices start jumping up!

ARV: $95k
Price:  $57k
Rents:  $900-925
Rehab:  $10k or less for rent

Call today to view this deal or to get on our list for our off-market property today!!

Thanks,
Manesh

Great Investment opportunity in the up and coming Edgewood community in Atlanta, GA!!  Property is in pretty decent shape, but the addition was not done correctly and does need the foundation repaired.  We are currently waiting on the bid and we have just listed the property.

ARV: $290-300k
Rents:  $1400-1500
Rehab:  For rent $8k + foundation cost; To Flip $30k + foundation cost
Price:  $185k obo; title is clear and ready to go!

If you're interested in this deal or other off-market property please contact me asap to get added to our list!!  

Thanks,
Manesh

We are looking for a select group of dynamic real estate professionals who are true game-changers. Whether you are looking to start your career in a unique and prosperous team environment or if you have been selling for years and are looking for that unique opportunity to help you build your real estate empire, our hands on, comprehensive training and education, cutting-edge technologies, and energetic environment will be just the thing you need. Years of experience aren't necessary, but a positive attitude, a strong work ethic, and a desire to better yourself daily are absolutely essential. We are committed to helping you own your path, own your business, and be the creator of a life truly worth living.

Advantages of a career at NWR:
- Make a six-figure income
- Flexible Schedule
- Unique and exciting team atmosphere
- Free Training and support (no previous experience necessary)
- Entry into a new niche of real estate

- Management potential within 5 years for qualified candidates

Requirements of a NWR real estate agent:
- Willing and able to obtain a real estate license and Loan Officer License
- Desire to work independently and have control over your professional growth
- Strong work ethic and desire to be successful
- Excellent communication skills and ability to network to build your business

- Honesty and integrity

Regular activities of a NWR real estate agent:
- Networking and prospecting, using NWR’s proven methods and tools
- Marketing properties and working with buyers
- Analyzing properties and working with home sellers
- Negotiating contracts

www.networthrealtyusa.com

* Relocation expenses are not provided