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All Forum Posts by: Jonathan B.

Jonathan B. has started 71 posts and replied 166 times.

Post: 3br - 1442ft - Fix & Flip / Rental

Jonathan B.Posted
  • Southeast
  • Posts 172
  • Votes 13

Great investment opportunity for any investor looking for a fix and flip or rental.


Great neighborhood - Upcoming with alot of investor interest.

Very spacious living/family area. Drywall has been replaced in needed areas & living space towards the back of the house can be easily converted to a 4th bedroom for maximum investment return

New A/c ducting ran through out the house!
New 200AMP Upgrade
Roof is 5 years old

Comps support 125-130 for a 3bd
Comps support 135-140 4Bd

Rent range 1000-1100$

Post: 3br - 1442ft2 - Handyman special - Fix & Flip / Rental

Jonathan B.Posted
  • Southeast
  • Posts 172
  • Votes 13

Block house, 5 years old roof
Has a new 200 amps panel and new AC ducts pulled

Can be converted to a 4/2 easy

Great comps all around this great neighborhood - sold as is, clear title.

4603 Morley Ln

Jonathan
Call /mail only, can't reply to txt.

(321) 806-2916

Post: Great Flip / Rental property - Solid Neighborhood

Jonathan B.Posted
  • Southeast
  • Posts 172
  • Votes 13

Currently a 3\1.5 - Can be converted to 4/2 Easily 


Solid house on a very established area on Cedar hills, close to shopping centers and schools

Newer roof - brand new AC being installed & Service Panel upgraded to 200 AMPS
The house has already been Demo'd out -

Solid comps and great rental numbers - you choose

Post: 1%-1.2% a month OR flip deal - Jax

Jonathan B.Posted
  • Southeast
  • Posts 172
  • Votes 13

yes surely

Post: 1%-1.2% a month OR flip deal - Jax

Jonathan B.Posted
  • Southeast
  • Posts 172
  • Votes 13

3/1.5 - Option for a 4/2 , 

Great area (Cedar hills) close to shopping centers and schools 

Newer roof - brand new AC being installed & Service Panel

Solid comps if you wish to flip 

It had been demod out - needs 15-18 in repairs

(135-140K) , 

Solid Rental area 1.1-1.2K if you want to keep it as a 3/1.5 , quiet established neighborhood

Post: Great value add flip- Solid property in an appreciating area

Jonathan B.Posted
  • Southeast
  • Posts 172
  • Votes 13

Great flip potential - lots of investor interest in the neighborhood-

House currently has 3 Bedrooms - easily supports an additional bedroom,

House has 1.5 bathrooms - lots of dead-space to upgrade to a 4/2 -

great rental / Flip

Property had already been past demo phase

Newer roof (2012), New installation of A/C & elec. Service

Comps in the area support 135-140K ARV on a 4\2

Rehab requires up to 18K on the higher side,

Hi Guys,

I am in the midst of having a renovation on a property in Jacksonville FL,

In short - it's not going smooth but i learn a lot as i am working through it.

- Electrical guy messed up my trusses while trying to upgrade my service panel (The house barley has attic space),

My question, Does anyone know if having my property listed under an LLC limit me from pulling my owner mechanical permit and doing that job myself? Am i required to have a GC pull this for me?

Thanks

@Chris Seveney , can you elaborate? 

Hi Guys


Have 2 different cases and wanted your opinion on show I should get approach them

1:
Duplex, Titusville in Dixie HWY seller owes 70K, wants me to make an offer, doesn't want to give or doesn't know the PITI until I make an offer -
Section 8, rents are in the 600-700 a month in the area, hard to tell.comps -
Wants cash - should I wholesale this or try to offer a small down & offer to pay his mortgage? What else?


2.
Townhouse , 2bd , HOA 50$, Rents for 700-800, seller is asking 70K and is uninformed, comps are maybe 25-30k below his asking
Seller will do owner financing
What terms should I get even if the seller is firm on price? Should I even attempt with terms if the price is over market? What else should I consider?

Thanks a bunch guys

Post: Creative financing - advice needed

Jonathan B.Posted
  • Southeast
  • Posts 172
  • Votes 13

Hi Guys

Have 2 different cases and wanted your opinion on show I should get approach them

1:
Duplex, Titusville in Dixie HWY seller owes 70K, wants me to make an offer, doesn't want to give or doesn't know the PITI until I make an offer -
Section 8, rents are in the 600-700 a month in the area, hard to tell.comps -
Wants cash - should I wholesale this or try to offer a small down & offer to pay his mortgage? What else?


2. 
Townhouse , 2bd , HOA 50$, Rents for 700-800, seller is asking 70K and is uninformed, comps are maybe 25-30k below his asking
Seller will do owner financing 
What terms should I get even if the seller is firm on price? Should I even attempt with terms if the price is over market? What else should I consider?

Thanks a bunch guys