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All Forum Posts by: Morgan Gutierrez

Morgan Gutierrez has started 22 posts and replied 125 times.

Post: Attention Indianapolis Wholesalers/Off Market Providers

Morgan Gutierrez
Pro Member
Posted
  • Wholesaler
  • Texas, USA
  • Posts 135
  • Votes 39

I'd be happy to add you to our buyers list. What is the best email and phone number for you?

Post: Want to buy a fourplex

Morgan Gutierrez
Pro Member
Posted
  • Wholesaler
  • Texas, USA
  • Posts 135
  • Votes 39

Hey Hugo, we come across 4plexes in our marketing. I'd be happy to connect with you and learn more about what you are looking for to see if we could bring deals to you.

Post: Looking for recommensdations for agents/wholesalers

Morgan Gutierrez
Pro Member
Posted
  • Wholesaler
  • Texas, USA
  • Posts 135
  • Votes 39

We wholesale. I'd be happy to connect with you and take a look at it to see if we are the right fit.

Post: Partnered for cash flow

Morgan Gutierrez
Pro Member
Posted
  • Wholesaler
  • Texas, USA
  • Posts 135
  • Votes 39

Investment Info:

Single-family residence note investment investment.

Purchase price: $20,000

I partnered on this deal. I did not use any of my own money. I receive $65 as my portion of the cash flow each month. It was a great learning experience.

What made you interested in investing in this type of deal?

The partners knew how to do it and I brought the lead.

How did you find this deal and how did you negotiate it?

Cold calling

How did you finance this deal?

partner

How did you add value to the deal?

Did all the paperwork/grunt work, found the lead

Post: First deal pivot

Morgan Gutierrez
Pro Member
Posted
  • Wholesaler
  • Texas, USA
  • Posts 135
  • Votes 39

Investment Info:

Single-family residence note investment investment.

Purchase price: $149,000
Cash invested: $30,000
Sale price: $255,000

I purchased a property to use as a rental. I improved the property and ended up selling it and holding the note instead of using it as a rental.

Lessons learned? Challenges?

I learned so much about buying right, working with contractors, working with real estate agents, and negotiation with buyers.

Post: Wooded Lot in Bullard, Texas near lake Palestine

Morgan Gutierrez
Pro Member
Posted
  • Wholesaler
  • Texas, USA
  • Posts 135
  • Votes 39

685 Crescent Dr, Bullard, TX 75757.

Only $3,800 + closing costs

12,676 Sqft (.29 acres)

In a subdivision with POA ($360/year)
Includes pool, boat ramp, and access to lake front property (west side of subdivision)
https://lkwpoa.com/
https://lakewoodpoa.com/

Wooded lot

Next to Lake Palestine

Low taxes ($66.09 a year)

Utilities available in subdivision
southern Utilities water
Cherokee county electric and Internet

Septic system has to be approved by the county

These are all the pictures we have. If you would like to drive out and take a look at the property please let us know.
https://drive.google.com/drive/folders/1lAzh5uXq0dKCSO_jzYQrdshJGHmJfUM9?usp=sharing

If you are interested please email me at buyers@americanfreedombuyers with the address as the subject or call me at ‪(832) 953-4823‬ 

Post: Buildable land in West Monroe, LA with utilities

Morgan Gutierrez
Pro Member
Posted
  • Wholesaler
  • Texas, USA
  • Posts 135
  • Votes 39

292 sleepy hollow ln, West Monroe, La 71292

2 bed 2 bath 1200 sqft manufactured home(could be torn down or remodeled)

1.98 acres
has 2 out buildings with electricity
20x20
14x28
HOA $100/yr

Being Sold under lot value!

Only $39,990

Houses built on the same street are worth over $300,000!

Pictures: https://drive.google.com/drive/folders/1voKwgn5d_Dy-raIGh7K4...

If you are interested please email me with the address as the subject line at [email protected] or call me at ‪(832) 953-4823‬

Post: BRRRR or Rental opportunity near Dallas Airport

Morgan Gutierrez
Pro Member
Posted
  • Wholesaler
  • Texas, USA
  • Posts 135
  • Votes 39

3422 Linda Dr, Dallas, TX 75220

Known required repairs:

  • Some windows need to be replaced
  • Cosmetic touchups

Property Details

  • 3 bed 1.5 bath
  • 1148 sqft
  • 8314 sqft lot
  • Shingle roof replaced 2019
  • Pier and beam foundation
  • Built in 1952
  • No plumbing issues
  • No electrical issues
  • AC works well
  • Carpet and tile floors

ARV: $300,000+

Estimated repairs: 10K

Cash Purchase Price: $264,900.00

Rental Rate: $2665

Click the link to access property information and photographs.

https://drive.google.com/drive/folders/1G2mZVMweHIOZ1hyZQE1R...

If you are interested please reach me by email at [email protected] with the property as the subject line or call me at ‪(832) 953-4823‬

Post: Fishing cabin for sale

Morgan Gutierrez
Pro Member
Posted
  • Wholesaler
  • Texas, USA
  • Posts 135
  • Votes 39

Do you like to fish?

Fishing Cabin on famous Lake Fork is now available and cheaper than anything on market in the subdivision!

3 bed 1 bath with covered parking

Built in 1952
1288 sq ft

Property taxes: $540/year

Asking Price reduced from 40K to $30,000

163 PR 7708 Emory, Texas 75440

Pros: access to private fishing dock and boat ramp, gated subdivision with 2 pools, a playground, and a pavilion

Cons: no rentals allowed, POA ($260 a year)

The fishing cabin needs repairs. There are no requirements as to the type of dwelling you could put if you choose to tear down the cabin instead of repairing it. Mobile homes, campers, tiny homes, and regular homes are all allowed. 

If you are interested please contact me by email at [email protected] with the property address as the subject line or call me at ‪(832) 953-4823‬

Post: BRRRR Opportunity in Uvalde, Texas!

Morgan Gutierrez
Pro Member
Posted
  • Wholesaler
  • Texas, USA
  • Posts 135
  • Votes 39

Amazing BRRRR opportunity in Uvalde, Texas.

553 Flores Street Uvalde, Texas

Purchase: 43K

Repairs: 25K

ARV: 112K

Rental Comps: 1200-1400

To maximize ARV it will need a central HVAC put in. It only has window units right now. The shingles on the rood will need to be replaced soon. It could use some cosmetic updates.

898 sqft 3 bed 1 bath pier and beam house on about 7000 sqft lot. 

https://drive.google.com/drive/folders/1FPd4JZxhEE3_fMvYqaAT...