All Forum Posts by: Larmon Cummings Jr

Here is a new property that I need to get rid of. It sits on a very quiet block in the South Chicago area. The 1st & 2nd fl units need most of the work with the 2nd fl unit not needing much work at all, only some cosmetic updates. All of the units have 2bds 1ba, hardwood floors, and large living room areas. The property has current building violations, but all of which will be taken care of during the renovation. There is a new boiler under 1yr old and a newer HWT, separately metered units, and a brick 3ca garage!! Multi-unit properties in this area have been appreciating very rapidly and are in high demand. This is property has been a long time family home and now presents an opportunity to renovate it and make it shine once again. Not sure how long this one will last, so if you're interested let me know as soon as you can. Thanks

ACT FAST, THIS WILL NOT LAST LONG!!! THE FIRST ONE WITH A SIGNED CONTRACT AND EARNEST MONEY GETS THE DEAL!!!!
We have equitable interest in the property and we are selling our contract.
Cash or private/ hard money only. We have lender referrals ready to lend- contact us.
We also have contractors that are licensed, bonded, and insured ready to give you a free quote today.
Buyer pays ALL closing costs which include transfer taxes, title insurance, and title company fees. Buyer to take property subject to current building violations.

Buyer will receive taxes prorated at 100% with a free and clear title. Property being sold "As-Is" with no warranties by Seller.
Please do all of your inspections and due diligence up front before contracting.
Realtors add your commission to the price.
Proof of funds required for viewing.
Do you know someone that would buy this deal?? Please forward this email as we do compensate generously for referrals.
If you have a property you want to get rid of, want a quick sale, and need a buyer-contact us today.
For showings email: [email protected] or text (708) 304-3129

Address: 8611 S. Yates Blvd. Chicago **South Chicago Area**
-6bd 3ba
-2bd 1ba /unit
--Brick 3-Flat
Full U/F basement
-Brick 3ca garage
-4,045 sq.ft/ Lot 5,000 sq.ft

Asking: $115k + Buyer pays ALL title closing costs (transfer stamps, title insurance, title company fees). Buyer to take property subject to current city violations. **See list inside pictures**

ARV: $239k

As-Is Value: $145k

Repairs: $75k

Potential Rent:
$850-900/Unit
$2,550/mo **Source: www.rentometer.com**

Link To CMA:

http://cloudcma.com/pdf/5b72b33152f2207057cfeab1f5e0cad8

Dropbox Link To View Pictures:

https://www.dropbox.com/…/76vbe7…/AABsCeR_3kvlHNK98kVSnkIea…

Link To Trulia:

https://www.trulia.com/…/8611-s-yates-blvd-1fr-chicago-il-6…

                                          Solid Brick Townhouse In Quiet South Deering Area!!

Here is another off-market cash flowing rental property that can be added to your portfolio. Property sits near public transportation, major expressways, shopping centers, and much more. Property is currently rented by tenant that has lived in the property for several years, doesn't want to leave, and takes great care of the property as can be seen from the pictures. Property has recent updates in the kitchen and bath, newer exterior security doors, new furnace and HWT, newer windows, and tuck-pointing around exterior of property. Not sure how long this will last, so contact me today if interested. 

Address: 9803 S. Clyde Blvd. Chicago, IL. 60617 *South Deering Area

• 2bd 1ba
• Brick Townhouse
• Full U/F basement
• No garage, side driveway

Asking: $33k +cc

Rent: $750/mo

• Tenant on m-2-m lease
• Pays heat and gas

As-Is Value: $37-40k **Valuation factors in income being generated**

Repairs: $8-10k **Not needed immediately**

• Misc. cosmetic repairs inside from normal tenant wear and tear
• Roof could use another layer of shingles

CMA Link:

http://cloudcma.com/pdf/e6042d54709b088d95c1e1e16e...

Dropbox Link To View Pictures: 

https://www.dropbox.com/sh/u0bn0s1a8byevm9/AAD5MEq...

ACT FAST, THIS WILL NOT LAST LONG!!! THE FIRST ONE WITH A SIGNED CONTRACT AND EARNEST MONEY GETS THE DEAL!!!!

We have equitable interest in the property and we are selling our contract.

Cash or private/ hard money only. We have lender referrals ready to lend- contact us.

Buyer pays ALL closing costs which include transfer taxes, title insurance, and title company fees.

Buyer will receive taxes prorated at 100% with a free and clear title. Property being sold "As-Is" with no warranties by Seller.

Please do all of your inspections and due diligence up front before contracting. FEEL FREE TO DRIVE PAST BUT DO NOT DISTURB TENANTS.

Proof of funds required for viewing.

Do you know someone that would buy this deal?? Please forward this email as we do compensate for referrals.

If you have a property you want to get rid of, want a quick sale, and need a buyer-contact us today.

For showings email: [email protected] or text (708) 304-3129

**WE HAVE A CONSTRUCTION TEAM THAT IS LICENSED, BONDED, AND INSURED READY TO GIVE YOU A FREE ESTIMATE TODAY**

Here is a off-market frame 2-flat on a very quiet block in the West Pullman Area. It sits minutes away from major highways, public transportation, shopping center, and the list goes on! Don't miss the opportunity to bring this cash cow back to life and start earning passive cash flow monthly! 1st fl unit (2bd 1ba) needs the majority of the work-paint, flooring, doors, kitchen and bath updates, and patch a couple of areas in the ceiling where water leaks damaged the drywall. This unit will need about $15-17k or so of rehab work depending on the finishes applied. 2nd fl unit (1bd 1ba) is not in bad condition, only needing some cosmetic repairs like paint, few areas of drywall replacement from roof leak, replace a couple of doors, kitchen & bath can be updated with minor repairs, flooring can also be changed-maybe $10k or so worth of work. Would also need to change out both HWT's, both furnaces are working but may need some maintenance. Exterior of property needs a new roof, replace a couple sections of fencing thats missing, some capping/fascia work, concrete work on porch, and other misc. repairs. Windows are under 10yrs old. All contents inside of property will be removed prior to closing. Not sure how long this one will last, so if you're interested let me know asap. 

12001 S. Perry Ave. Chicago **W. Pullman Area**

-Asking: $27k +cc

• 1bd 1ba --Unit #2 ($600-650/mo Potential Rent)
• 2bd 1ba --Unit #1 ($750-800/mo -Potential Rent)
  • Both units separately metered
  • Each unit has own separate furnace, No central air
• 2ca Garage

                                    $1,350-1,450/mo Gross Rent Potential!!!

ARV: $95-100k

As-Is Value: $40-45k

Repairs: $40-45k

CMA Link:

http://cloudcma.com/pdf/bebec046b20c72fc01f8c64fd4...

Dropbox Link To View More Pictures: 

https://www.dropbox.com/sh/uw3hrdvgppvujh2/AADnNaJ...

ACT FAST, THIS WILL NOT LAST LONG!!! THE FIRST ONE WITH A SIGNED CONTRACT AND EARNEST MONEY GETS THE DEAL!!!!

We have equitable interest in the property and we are selling our contract.

Cash or private/ hard money only. We have lender referrals ready to lend- contact us.

Buyer pays ALL title closing costs which include transfer taxes, title insurance, and title company fees.

Buyer will receive taxes prorated at 100% with a free and clear title. Property being sold "As-Is" with no warranties by Seller.

Please do all of your inspections and due diligence up front before contracting.

Realtors add your commission to the price.

Proof of funds required for viewing.

Do you know someone that would buy this deal?? Please forward this email as we do compensate for referrals.

If you have a property you want to get rid of, want a quick sale, and need a buyer-contact us today.

For showings email: [email protected] or text (708) 304-3129

@Fernando Angelucci

Hey, is this still available? @me if it is please. Thanks 

@Jerry Puckett

Well put, and some great advice. I find it amazing how people get so agitated at real estate marketers who pull public data and mail to that same public data in order to generate business for their particular company, and in the midst of that help lots of people, but won't have that same agitation/anger at the local grocery store that sends out ads regularly, or the oil change company that consistently sends out advertisements as well. I just don't see it being that much trouble to toss the mail in the trash if it has no interest to you; I do it daily. Keep up the good work......Love this quote from you: 

"Lastly, I do not ever worry about what my competitors may or may not be doing. I just do my own thing and let my competitors worry about me."

Here is a new off-market property that I want to get rid of quickly. You can rehab it and sell it retail to a homeowner or you can renovate it for cash flow as a rental in a desirable neighborhood. It sits on a quiet block in a desirable location near metro lines & other public transportation, major expressways, as well as shopping centers, which all are desirable to local residents. If you look at the CMA, there were a couple of frame bungalows that were recently rehabbed in the immediate area that sold between $155-175k, so with this being all brick you can adjust the ARV upwards for maximum resale value. The property is in solid shape, but will need a complete renovation to really bring out the value. All contents will removed from the property prior to closing. There are also a lot of pre approved buyers looking for newly rehabbed homes in this area due to its location. Not sure how long this one will last, so if you're interested let me know as soon as you can. Thanks

Address: 8800 S. Union Ave. Chicago **Auburn Gresham Area**

-3bd 2ba

-Brick Bungalow

-Brick 2ca garage

-1,212 sq.ft/ Lot 3,950 sq.ft

-Full Partially Finished Basement

--Already has bathroom and 2bds framed out, just need to be redone

Asking: $55k + Buyer pays ALL closing costs (transfer stamps, title insurance, title company fees)

ARV: $170-175k

-Can adjust value upwards since this is a brick bungalow as opposed to frame like the comps.

Repairs: $70-75k for flip, $35-40k for rent

**It would need a roof on the house and garage, new doors on garage, along with a complete interior remodel to the property. Attic is finished as well for extra bedroom with skylight. Basement already has bathroom, so you won't have to run new plumbing but tap into existing water lines and drains. You also have room to add bedrooms (2 already framed out), living room, and frame out laundry room.

Link To CMA:

http://cloudcma.com/pdf/014a3842188fa63eb2ff71fbac..

Dropbox Link To View More Pictures:

https://www.dropbox.com/sh/3k4r8x2e5yvl0v3/AACPJdB...

ACT FAST, THIS WILL NOT LAST LONG!!! THE FIRST ONE WITH A SIGNED CONTRACT AND EARNEST MONEY GETS THE DEAL!!!!

We have equitable interest in the property and we are selling our contract.

Cash or private/ hard money only. We have lender referrals ready to lend- contact us.

We also have contractors that are licensed, bonded, and insured ready to give you a free quote today.

Buyer pays ALL closing costs which include transfer taxes, title insurance, and title company fees.

Buyer will receive taxes prorated at 100% with a free and clear title. Property being sold "As-Is" with no warranties by Seller.

Please do all of your inspections and due diligence up front before contracting. Feel free to drive past but do not disturb occupants.

Realtors add your commission to the price.

Proof of funds required for viewing.

Do you know someone that would buy this deal?? Please forward this email as we do compensate generously for referrals.

If you have a property you want to get rid of, want a quick sale, and need a buyer-contact us today.

For showings email: [email protected] or text (708) 304-3129

#AuburnGresham#ChicagoSouthSide#60620#WholesaleDeals#ChicagoWholesaleDeals#ChicagoFlips#ChicagoFlipDeals

Here is a new off-market property that I want to get rid of quickly. You can rehab it and sell it retail to a homeowner or you can renovate it for cash flow as a rental in a desirable neighborhood. It sits on a quiet block in a desirable location near metro lines & other public transportation, major expressways, as well as shopping centers, which all are desirable to local residents. If you look at the CMA, there were a couple of frame bungalows that were recently rehabbed in the immediate area that sold between $155-175k, so with this being all brick you can adjust the ARV upwards for maximum resale value. The property is in solid shape, but will need a complete renovation to really bring out the value. All contents will removed from the property prior to closing. There are also a lot of pre approved buyers looking for newly rehabbed homes in this area due to its location. Not sure how long this one will last, so if you're interested let me know as soon as you can. Thanks

Address: 8800 S. Union Ave. Chicago **Auburn Gresham Area**

3bd 2ba
Brick Bungalow
Brick 2ca garage
1,212 sq.ft/ Lot 3,950 sq.ft
Full Partially Finished Basement
Already has bathroom and 2bds framed out, just need to be redone

Asking: $57k + Buyer pays ALL closing costs (transfer stamps, title insurance, title company fees)

ARV: $170-175k

Repairs: $70-75k for flip, $35-40k for rent

**It would need a roof on the house and garage, new doors on garage, along with a complete interior remodel to the property. Attic is finished as well for extra bedroom with skylight. Basement already has bathroom, so you won't have to run new plumbing but tap into existing water lines and drains. You also have room to add bedrooms (2 already framed out), living room, and frame out laundry room.

Link To CMA:

http://cloudcma.com/pdf/014a3842188fa63eb2ff71fbac487c1e

Dropbox Link To View More Pictures:

https://www.dropbox.com/…/3k4r8x…/AACPJdBcNVe6ta2jEsTKgCzda…

ACT FAST, THIS WILL NOT LAST LONG!!! THE FIRST ONE WITH A SIGNED CONTRACT AND EARNEST MONEY GETS THE DEAL!!!!

We have equitable interest in the property and we are selling our contract.

Cash or private/ hard money only. We have lender referrals ready to lend- contact us.

We also have contractors that are licensed, bonded, and insured ready to give you a free quote today.

Buyer pays ALL closing costs which include transfer taxes, title insurance, and title company fees.

Buyer will receive taxes prorated at 100% with a free and clear title. Property being sold "As-Is" with no warranties by Seller.

Please do all of your inspections and due diligence up front before contracting. Feel free to drive past but do not disturb occupants.

Realtors add your commission to the price.

Proof of funds required for viewing.

Do you know someone that would buy this deal?? Please forward this email as we do compensate generously for referrals.

If you have a property you want to get rid of, want a quick sale, and need a buyer-contact us today.

For showings email: [email protected] or text (708) 304-3129

@Stacy Hubert

Hey, welcome to the BP community. I work those areas so feel free to reach out; I'll help you in anyway that I can. Good luck.

@omarruiz 

I think it largely depends on who your target market is. I target mainly the baby boomer demographic as they are usually ready to downsize and are quite motivated, so direct mail gives me a better ROI because they are not really on social media other digital channels, so it may be hard to reach them outside of mail coming right to their residence. I do agree in saying that digital marketing is making its presence known because I have noticed the more content I push via my social media channels, I have been not only generating more leads, but also I have noticed I find more buyers and sell more properties via those channels. Even though my target market is more elderly individuals, I normally reach their kids, grandkids, etc. via social media and they will reach out to let me know about properties they may be looking to sell, so even though I am not reaching them directly via my digital content, I still reach them indirectly. My advice is to identify who your target market is first, see if there is a better connection with them via direct mail, or can you have a better shot at reaching them digitally. I can only speak for myself, but I have seen that using them both delivers me some pretty good results. I just wouldn't eliminate one or the other, but find ways to use them in conjunction to close more deals. Hope this helps. Good luck out there.

Here is a new property that I need to get rid of. The property is in great shape and maintained by long time owners as you can see from the pictures. Expect a blank canvas as the items in the property will be removed prior to closing, so bring your creative design ideas. You can perform a light cosmetic rehab and sell it retail to a homeowner looking to live on a quiet block in a good neighborhood, or someone can purchase it for themselves to call home. The property sits on close to a .5 acre wooded lot with lots of land surrounding it that retail buyers look for in this area. The property has recent upgrades to big ticket items such as new roof on the home and garage, newer siding, windows, and the HVAC and hot water tank are in good shape, so the rehab budget would be primarily to update the interior of the property to attract retail homebuyers. Not sure how long this one will last, so if you're interested let me know as soon as you can and we can get you in there to take a look at it. Thanks

Address: 18761 Loretto Ln. Country Club Hills

3bd 1.5ba

Frame Ranch 1,375 sq.ft/ Lot .5 acre Property Taxes (2016)-$4,228.53 (HO & Senior Exemptions) Asking: $65k + Buyer pays ALL closing costs (transfer stamps, title insurance, title company fees). **Make me a serious offer and we can discuss it further** ARV: $125-130k As-Is Value: $70-75k Repairs: $20-25k **Can adjust budget depending on finishes completed. Target the budget to the kitchen and baths for maximum value. Link To CMA: http://cloudcma.com/pdf/2ad130e2786ea4da8f7ad63d16... Link To Trulia: https://www.trulia.com/homes/Illinois/Country_Club... Dropbox Link To View More Pictures: https://www.dropbox.com/sh/065obvkdr5rnmf3/AACiGHi... ACT FAST, THIS WILL NOT LAST LONG!!! THE FIRST ONE WITH A SIGNED CONTRACT AND EARNEST MONEY GETS THE DEAL!!!! We have equitable interest in the property and we are selling our contract. Cash or private/ hard money only. We have lender referrals ready to lend- contact us. We also have contractors that are licensed, bonded, and insured ready to give you a free quote today. Buyer pays ALL closing costs which include transfer taxes, title insurance, and title company fees. Buyer will receive taxes prorated at 100% with a free and clear title. Property being sold "As-Is" with no warranties by Seller. Please do all of your inspections and due diligence up front before contracting. Feel free to drive by. DO NOT DISTURB OCCUPANTS. Realtors add your commission to the price. Proof of funds required for viewing. Do you know someone that would buy this deal?? Please forward this email as we do compensate generously for referrals. If you have a property you want to get rid of, want a quick sale, and need a buyer-contact us today. For showings email: [email protected] or text (708) 304-3129