All Forum Posts by: Norman Whitley

Year Built: 1998
Square Feet: 1,800
Bed/Bath: 3 Bedroom 2.5 Bath
ARV: 209K
Estimated repair cost: $4k-5k
Wholesale Price: $149,500

Features:
Good Established Neighborhood
Conveniently located
Fenced in Yard
Would make an excellent buy and hold OR flip

Comparbles:
Address: 7008 Mapleridge Dr.
Distance: .3
Year Built: 1965
Square Feet: 1870
Bed/Bath: 4/3
Date Sold: 3/28/16
Sale Price: $218,000

Address: 7015 Mapleridge Dr.
Distance: .3
Year Built: 1965
Square Feet: 1780
Bed/Bath: 3/2.5
Date Sold: 2/10/16
Sale Price: $198,000

Address: 7032 Sherbourne
Distance: .3
Year Built: 1966
Square Feet: 1441
Bed/Bath: 3/2
Date Sold: 3/2/16
Sale Price: 195,500

Repair Details Cost Estimate
Paint
Carpet (upstairs)
Power wash the siding
Some fence repair
Update light Fixtures
$4k-5k repair cost

Pictures:

https://drive.google.com/folderview?id=0B5HsHESjy5VuYUJQUUJ4V3Z5T3M&usp=drive_web

0 Votes

Make a offer on these properties!!!

Landlord is tired of properties and looking to unload them

hornaday rd 57k rent 700 (2bed1bath 836sqft)

hornaday rd 57k rent 700 (2bed1bath 836sqft)

fore st 57k rent 700 (2bed1.5bath 1,080sqft)

fore st 57k rent 700 (2bed1.5bath 1,080sqft)

Glendale dr 49k rent 700 (2bed2bath 871sqft)

Glendale dr 49k rent 700 (2bed2bath 871sqft)

mystic Dr 48k rent 675 (2bed2bath 936sqft)

mystic Dr 48k rent 675 (2bed2bath 936sqft)

randleman rd 48k rent 650 (2bed1.5bath 900sqft)

pioneer way 58k rent 920 (3bed2bath 1,080sqft)

These are the condos

Price and rent they are all rented

textile dr 68k rent 700 (2bed1bath 1,024sqft)

willomore st 68k rent 850 (3bath2bath 1,009sqft)

Westbrook st 67k rent 650 (2bed1bath 1,008sqft)

these are the houses

If you are interested send me and email

1 Vote

902 High St Greensboro NC 27406

By: Norman Whitley

Moderate Property Investors LLC

[email protected]

336-701-3540

Property details

Neighborhood Quality: Satisfactory

Year Built: 1938

Square Feet: 938

Bed/Bath: 2 bedroom : 1 bath

ARV: 62K

Estimated Repair Cost: $9k-12k

Wholesale price: $23,900

Features

· Good Location in an established neighborhood

· Conveniently located near two universities

· Large Yard .28 acres

· Would make an excellent buy and hold OR flip

Comparables

Address: 905 High St. (Renovated)

Distance: 0.0

Year Built 1996

Square Feet: 1,140

Bed/Bath: 3/2

Date Sold: 9/4/15

Sale Price: $71,000

Address: 1006 Julian St

Distance: 0.2

Year Built 1949

Square Feet: 782

Bed/Bath: 2/1

Date Sold: 4/7/16

Sale Price: $27,500

Walk thur/pics of property

Copy & past hyperlink

https://www.dropbox.com/sh/qb0v6rimc4oo7zg/AAaQfY7TBdl=0

https://www.youtube.com/watch?v=ziksUOEFkBg

Repair details /Cost estimate:

· Roof work

· Update Kitchen

· Paint

· Some drywall

· $9k-11k repair costs

Overview

· Neighborhood quality: Satisfactory

· ARV: 62K

· Repair cost estimate: $9k-11k

· Average cost/sq. ft of comparables

· Wholesale asking price: $23,900

0 Votes

yes FSBO

0 Votes

1118 W Horah st Sailsbury nc

0 Votes

Originally posted by @Maxmus Zhong:

Hello!

My name is Max and I am a buy and hold investor here living in Cary, NC. Recently I have been trying expand my search for a good deal for rental properties as the opportunity on MLS in Triangle area has dried up. I am trying to find a more creative way to find good deal and I am thinking maybe a wholesaler can help me locate some good deals.

Specifically, I am looking for rental home that are in good district (good school, safe area) and can generate 7%+ cap rate. I am looking for properties within a 100 miles’ radius of zip code 27519(where I live) so that I don't have to hire someone to manage the properties. Being a somewhat experienced landlord, I am comfortable with putting down some money for light rehab before renting houses out as long as the number works out, but don't want to deal with houses that require major rehab at this point.

If you are a wholesaler working in this area, or if you know someone who is, please let me know. Thanks!

ps: I am a new user of BP and Yes I need to make a post to do a proper introduction soon. Bear with me. :)

Can you PM me your info

0 Votes

Ok ill be sure to send over my info

0 Votes

I am a new investor in Triangle/Triad area (North Carolina) and I am trying to put my team together. I am in need of investor friendly contractor, realtor, title company, inspector, appraiser, buyers, property manager, insurance broker and local real estate attorney.

Thank you in advance for taking the time to answer my post.

Thanks

Norman

0 Votes

I currently have a very nice home under contract that has been renovated but owner ran out of repair money and now looking to sell.

ARV: 76k

Asking Price: 45K

Repair Cost: 7k

This house is close to grocery stores nearby coffee shops including Krispy Kreme and the nearby restaurant is Italy Café. This property is near Livingstone College, Elizabeth Holmes Hurley, Park and Catawba College. Located in Salisbury North Carolina 28144.

0 Votes

All Forum Posts by: Norman Whitley

Norman Whitley has started 43 posts and replied 65 times.

Post: FS: SFR in Cardinal neighborhood in Greensboro, NC Great Flip!

Post: Hot Deal, Wont Last Long

Post: Must see Package deal!!

Post: ARV 62K Asking Price $23,900

Post: Wholesale Deal and Looking for Cash Buyers

Post: Wholesale Deal and Looking for Cash Buyers

Post: Looking for wholesaler in the Raleigh, Cary, Triangle NC area

Post: Help please!!

Post: Help please!!

Post: Wholesale Deal and Looking for Cash Buyers