All Forum Posts by: Cheryl Crockett

I so enjoyed reading about @Account Closed's experiences.

Yes, it is.

Thanks for contacting me.

May I call you during the day tomorrow morning or afternoon?

Cheryl

Greetings and welcome to your next FLIP!!! We call it a CARTWHEEL!

ATTENTION CASH BUYERS WHO ARE PREPARED TO CLOSE QUICKLY

For your consideration: a fixer upper in Northeast Baltimore

ADDRESS: 4208 Cottman Avenue Baltimore, MD 21206

ARV: $267,000

ASKING: $65,000

EMD: $2,000 TO BE DEPOSITED WITH OUR SELECTED TITLE COMPANY

You must be prepared to close quickly with cash on this deal.

This is a 1926 sq. ft., single family, detached, historic house that was built in 1900 in Baltimore City. It has 3 bedrooms & 1.5 bathrooms; there’s room for at least one additional bathroom. A new driveway can be created on one side of this house (and would fit nicely). Evidence of roof damage exists on the inside of the house and can be seen from the outside. Much damage exists in walls and ceilings; lead may also be present. Overgrown trees and plants surround this house and stand in need of landscaping. Nearby houses and yards show pride of ownership.

This property needs a lot of TLC, but as you can see, our numbers leave room to support that. Recent retail sales (comps) in this neighborhood improved the ARV for this property by approximately $39K during the first weeks of summer!

Only if you are a buyer with cash who is prepared to close quickly, contact

Considered Fields, LLC   today:
Cerue 301.346.3816 [email protected]

or Cheryl 301.562.0967 [email protected].

When emailing, please put “COTTMAN” in the subject header.

We will provide more details, answer any questions you may have and send links to our photos.

Thank you for your consideration (see comps below):

COMP 1:

Sale Price: $229,000

Sq. Ft. 1634

SOLD: 6/2/2016

Address: 3122 Grindon Ave

Distance from subject: .7 mi.

COMP 2:

Sale Price: $259,000

Sq. Ft. 1936

SOLD: 6/8/2016

Address: 3207 Tyndale Ave

Distance from subject: .3 mi.

COMP 3:

Sale Price: $260,000

Sq. Ft. 1765

SOLD: 6/3/2016

Address: 4314 Walther Ave

Distance from subject: .5 mi.

COMP 4:

Sale Price: $299,000

Sq. Ft. 2256

SOLD: 6/30/2016

Address: 3100 Parkside Drive

Distance from subject: .5 mi.

COMP 5:

Sale Price: $315,000

Sq. Ft. 2214

SOLD: 4/18/2016

Address: 2408 Mayfield Ave

Distance from subject: .65 mi.

Very interesting Cheryl!

I would like to learn more about this.

Something = "Property Investments"

What a pleasant message!

Welcome to Bigger Pockets.

I highly recommend the Wednesday webinar.

Check out the Education section of the site and consider signing up for the next one.

Wishing you the best!

Sincerely,

Cheryl

@Armand Farrokh

My business partner @Cerue Diggs and I followed these steps:

• 1. Find a real estate agent who is willing to send us listings from the MLS (ours was a Facebook friend I had known for many years).
• 2. Meet potential buyers to find out what kind of properties they are interested in buying, so you know choose which properties to visit.
• 3. Originally, we were visiting properties before doing calculations on them, but later, we found that it is far better to schedule visits after doing calculations.   IN FACT, THE CALCULATIONS HELP US CHOOSE WHICH PROPERTIES TO VISIT!
• For instance, if we are interested in two houses, in different neighborhoods, each going for $100,000, when we do calculations on them, one might have an ARV of $250,000 and the other might be only $75,000. Wouldn't that kind of advance preparation help you choose which one to visit and save you a lot of time?

Hi Neighbor!

Welcome to BiggerPockets! You are going to love the webinars! 

(click the "Education" tab above to find them) I am watching one right now.

Congratulations on your new career.

Thank you @Isaac Blocher & 

@Shari Peterson 

Is it possible someone in this thread (and elsewhere) has been taken advantage of?

Thank you for this information!