All Forum Posts by: Tony Shackelford

Hi BP Investors,

I am a seasoned real-estate investor with 14+ Flips successful renovated and sold properties  completed in ATL and Chattanooga. I've got a great opportunity for a private investor or private lender looking to lend or co-invest on a Mobile Home Park acquisition (8+.  I am looking for an investor with an appetite and/or experience with Mobile Home Parks to make this deal happen with me. 

Park Overview:

8 existing homes (7 park owned)

Expansion capabilities (zoning completed)- 12 lots

Investment Opportunity:

MHP Purchase Price: $170K

Renovation: $75K

ARV: $345K

#1: Private Loan Opportunity: up to 80% of Budget

Interest Rate: 15%

Term: 6 months

#2: Private Equity Opportunity: up to 90% of Budget

Return: 6% quarterly dividend + Principal payback at 8% interest rate

Term: 24 months

(Rent Roll Attached)

Solid Investment Deal from a seasoned and successful FLIPPER.. Looking for a private money partner to fund renovation of my project.  I have secured the acquisition and ready to go with the renovation and premarketing.

link to project- https://dealcheck.io/s/-NaD153DjlqiHHGAt2L8

I am selling this property from my portfolio to an investor looking for a great flip or great AS-IS Rental. I'm looking to close quickly so I can buy a duplex in Chattanooga, TN. Text me you are interested! 404-518-8260  We can schedule time to do business!

3941 Forest Drive, Lithia Springs, GA 30122

1739 Sq Ft (upstairs)

3bed/ 2bath WITH Full Daylight Basement (1700sq ft, 9ft ceilings)

2 Carport/Garage

As-Is Value: $315,000

MY SALE Price: $275K
Link to interior pics: pictures- https://www.dropbox.com/sh/11pcjc6mqog1q1s/AAC-dwG2s4f9R_Y04Vl7VEQMa?dl=0

Updates completed:

- electrical wiring and panel (upgraded to code)

- plumbing (ungraded to code)

- roof (5yrs old)

- septic tank (pump May 2022)

- HVAC (15 years old)

- flooring (resurfaced hardwoods)

COMPS: 

-3904 Forest Drive, Lithia Springs, GA

- $305K (sold on 3/18/22)6511 N Sweetwater Rd, Lithia Springs, GA- $320,000 (sold on 5/9/22)

AFTER UPDATE/RENOVATION ARV- $385K

***Update for Higher Value: view design plans-https://www.dropbox.com/sh/nzl...

- finish basement (2 beds/ 2bath, kitchen, gym, home theatre)

- update kitchen- update bathrooms



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Tony Shackelford
Managing Member
Jeremiah Communities Realestate Group, LLC
5071 Austell Powder Springs, Road SW
#91Clarkdale, GA 30111

Cell: 404-518-8260

Thanks.. driving for dollars.. i found the investment partner with the assistance of a wholesaler

Investment Info:

Single-family residence fix & flip investment in Mableton.

Purchase price: $95,000
Cash invested: $88,000
Sale price: $272,500

Beautifully renovated ranch! This 4 sided brick ranch has all the upgrades you want including all new roof, new HVAC, new electrical, new plumbing & refinished original hardwood floors. Boasting 3 spacious bedrooms, 2 luxurious baths, & 2 -car carport, this home has it all! Chef's kitchen with white modern cabinets, granite counters, stainless steel appliances & bar island. Home is flooded with tons of natural light.

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

extremely fast growing market

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

off-market

How did you finance this deal?

HML

How did you add value to the deal?

Full reno

What was the outcome?

highly profitable project

Lessons learned? Challenges?

materials increased; covid 19

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

none

Investment Info:

Single-family residence fix & flip investment in Mableton.

Purchase price: $95,000
Cash invested: $88,000
Sale price: $272,500

Beautifully renovated ranch! This 4 sided brick ranch has all the upgrades you want including all new roof, new HVAC, new electrical, new plumbing & refinished original hardwood floors. Boasting 3 spacious bedrooms, 2 luxurious baths, & 2 -car carport, this home has it all! Chef's kitchen with white modern cabinets, granite counters, stainless steel appliances & bar island. Home is flooded with tons of natural light. Guest bath has designer tile, beautiful designer light fixtures, and new vanity! Fresh paint throughout the entire home. Perfect for entertaining with an open main living space. Huge private yard for endless outdoor living! Full unfinished basement for you create a bonus flex space. Close to I-285, !-20, downtown, and airport.

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

extremely fast growing market

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

off-market

How did you finance this deal?

HML

How did you add value to the deal?

Full reno

What was the outcome?

highly profitable project

Lessons learned? Challenges?

materials increased; covid 19

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

none

Investment Info:

Small multi-family (2-4 units) fix & flip investment in Mableton.

Purchase price: $144,000
Cash invested: $10,000
Sale price: $165,000

Duplex conversion to a beautiful single-family home. The homes is 2,016 sq ft and was built in 1930. It has 4 large 4bedrooms and 2 full bathrooms. The Zestimate for this house is $166,101. The Rent Zestimate for this home is $1,499/mo.

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

excellent rental property for an investor

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

direct with Seller

How did you finance this deal?

HML

How did you add value to the deal?

Completed renovation with my subcontractors

What was the outcome?

Presold during renovation

Lessons learned? Challenges?

none

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

no