All Forum Posts by: Jeff Filali

More details-

Photos: http://tulsa.craigslist.org/reo/5915551569.html

Address:

1613 South Aberdeen Street

Muskogee, OK 74403

3 Bed/1 Bath/792sq ft

FACTS

* Lot: 0.33 acres

* Single Family

* Built in 1950

* Cooling: Central

* Heating: Forced air/gas

FEATURES

* Cable Ready

* Flooring: Carpet, Linoleum / Vinyl

* Patio


ADDITIONAL FEATURES

* Kitchen Features / Eat-in Kitchen,

* Lot Size / Under 1/2 Acre,

* Water / City Water,

* Sewer / City,

* Exterior Description / Vinyl Siding,

* Exterior Living Space / Patio,

* Age / Over 50 Years Old,

* Flooring / Wall to Wall Carpet,

* Flooring / Linoleum

* Cooling / Central A/C,

* Heating - Fuel Type / Gas,

* Heating Type / Forced Air,

* Roof / Asphalt / Fiberglass,

* General / Smoke Detector,

* Exterior / Storage Shed,

* Kitchen Features / Butlers Pantry,

* Fencing / Fenced Yard,

* Road Type / City / Town Street,

* Pre-Wiring / Cable, Pre-Wiring / Cable,

* Fencing / Metal Fence

CONSTRUCTION

* Exterior material: Vinyl

* Roof type: Asphalt

* Stories: 1

* Structure type: Bungalow

Package Deal on 6 off market properties in TX & OK w/15% Cap Rate

Package Price: $618,900 

Est Repairs: $58,000

Total Invested: $676,900

ARV: $1,040,000

Potential Profit: $363,100

Monthly Rental Potential: $10,200

Cap Rate: 15%

Portfolio Details:

Well maintained 3 bedroom, 1 bath in an established neighborhood in Muskogee, Okla.

Being sold "as is"; see photos below.
ARV/Comps: $38K-$48K (See Below)
Estimated Repairs: $5K or less as rental
Asking: $30,000 Cash Only Discounted Price

More Info: Call/Text 918-516-8885 for more info or email [email protected]

Area Comps:
2200 JEFFERSON ST
MUSKOGEE, OK 74402
2 BEDS 1 BATH 624 SQFT (- 1 Bed, -168sq ft)
SOLD 03/11/16 $42,500

802 W MLK ST
MUSKOGEE, OK 74401
3 BEDS 2 BATHS 696 SQFT (+1 Bath, -96sq ft)
SOLD 12/22/15 $43,000

228 N 34TH ST
MUSKOGEE, OK 74401
2 BEDS 1 BATH 816 SQFT (- 1 Bed, +24sq ft)
SOLD 03/28/16 $48,000

1123 JEANNIE LN
MUSKOGEE, OK 74403
2 BEDS 1 BATH 864 SQFT (-1 Bed, +72sq ft)
SOLD 01/08/16 $38,000

709 DORCHESTER AVE
MUSKOGEE, OK 74403
3 BEDS 1 BATH 936 SQFT (+/-0 Bed, +144sq ft)
SOLD 05/05/2016 $41,300

566 S 6TH ST
MUSKOGEE, OK 74401
2 BEDS 1 BATH 975 SQFT (- 1 Bed, +183sq ft)
SOLD 03/01/16 $45,000

There's some great local Property Management companies in Tulsa area that can help you if you decide to do buy & holds and need a PM after leaving again.  The market in Tulsa area is great and I think always will be.  There's properties of all income levels and potential to make great money even starting off. 

*****ATTENTION REAL ESTATE INVESTORS*****
SAVE 30-50% ON WHOLESALE PROPERTIES IN TEXAS, OKLAHOMA & SURROUNDING STATES

Go to & fill out "Investor Updates Profile" to start receiving updates before we advertise properties to the general public.

If you're interested in wholesale properties in TEXAS, OKLAHOMA, or Surrounding States that do not fit our own buying portfolio. Through our marketing campaigns, we get contacted about a lot of properties that do not fit our buying portfolio. We usually go ahead and negotiate Wholesale purchase prices and if we do not purchase those properties ourselves, we share them with other Real Estate Investors on our Buyers List.

*This is not a solicitation or offer of securities. Only accredited investors should consider investing in real estate and should do their own due diligence prior to any investment.

4Lease4Sale.com is a Subsidiary of RBI Enterprises, LLC, a privately held holding company based in Oklahoma.

4Lease4Sale.com is a "direct marketing company" that was established to pursue wholesale real estate investment opportunities for RBI Enterprises, LLC and other accredited investors looking for assistance locating wholesale properties.

First thing I learned in real estate... One man's shack is another man's castle!! 

There's money to be made in any price range, as long as you do your research.  I've flipped multiple houses that were purchased for under $40K and profited off all of them.  You can flip five $40K homes or you can flip one $200K home, as long as the numbers and market are there, its the same money.

I'm a local Real Estate Investor here in Oklahoma. I'm expanding my investing to other markets and just do not have the time to work all the motivated seller leads anymore. I'm looking for a very experienced Real Estate Wholesaler to work the motivated seller leads that I provide through my marketing company.

I'm not looking for a "newbie", I want to find a "closer" who has experience doing a minimum of 10 deals this year that actually knows the entire process and closes on deals. You can continue your existing business, but if you want to grow your business and make some extra money working my leads, this may be an opportunity for you.

For More Info: email the following information to [email protected] 

Email Subject: "Local Wholesaler Interested"
- Name:
- Phone:
- Email:

- City where you are based:
- How long have you been doing Wholesale?
- How many deals have you closed on this year that went through closing and paid you?

Tulsa, Oklahoma City

The entire HUD process is crazy. I tried to purchase one earlier this year and bid was approved. Spent about 15 straight days dealing with them daily, having to produce additional documents because I was purchasing under LLC and paying cash. On day 16, I was traveling and missed two calls from them, when I called back a few hours later, they said they canceled everything because they couldn't get ahold of me... but I could resubmit another bid!! I refused to waste anymore time. I watched the same house drop in price for the next 4 months and never sell. An agent called me about it about a month ago and said I could get it for about 60% of my original offer. I refused!! Still setting empty.

Welcome to BP from a fellow OklaHOMEa investor!!

Flipped four properties so far this quarter and averaged 116% return on my investment in less then two months...  I'll stick with being more involved with the outcome of my investment instead of trying to predict the market for a stock.  As for finding deals, I could never purchase all the deals I'm finding myself.