All Forum Posts by: Zach Lemaster

sameer, your email is not working.  Is there an underscore in it?  Please PM me your email address

All, please pm your email address and I will send you a very detailed email I've already constructed that will answer all your questions and more. In short: PM fee 7%, no HOA, taxes 1300 I believe, no owner financing available but I can refer you to a fantastic lender in the area. Zach

Newly remodeled 2-flat (Duplex) in Chicago. This is a full scale rehab to include: HVAC, electrical, walls, flooring, appliances, baths & kitchens w/ granite counters & backsplash, and much more. Turnkey sale w/ home fully tenanted and property management in place. Each tenant is on a year lease. Property management is Letts. This is a cash flowing beast with over $10,000/yr NOI w/ financing ($37,000 down) or $19,000/yr with all cash purchase. For sale @ $185,000 w/ current market value of $200,000 (gives you $15,000 immediate equity). These are my personal properties and I'm selling some of them off to upgrade into apartment complexes, so I do have multiple of them for sale very similar to this one. Please contact me for more photos & financials. 701.595.0074 or .

Zach

7bd Duplex, 24% CoC ROI, 10.2 Cap, $2,500 rent, $15K equity, TURNKEY

Buy this home at a 60% DISCOUNT!Easy rehab for over $65,000 PROFIT!

Or use as a rental for over $20,000 annual cash flow (21.5% CAP RATE)!

$69,999 Cash discount or $74,999 if using financing.$25K-$30K in repairs (cosmetic only).ARV $165,000 for $65,000-$75,000 PROFIT (contact for comps/CMA)

Large double corner lot 11,286 sqft (150 x 75); Room to build add on or separate dwelling (zoned to have more than 1 home – Res Low Density 3).

4bd/2.5ba, 1,630sqft, 1 stall garage (automatic door opener), 3 additional off st parking spots, Central Air heat & A/C, newer roof & siding, handicap ramp, updated double pane windows, newer appliances (stainless steel stove).

Great Rental potential: 3 blocks from MSU campus!Home is SFR but actually can be used as a DUPLEX.Upstairs has own kitchen & bathroom area along with separate entrance.If rented as a duplex could easily rent for over $1700 (900+ down, 800+ up).That's a 21.5% CAP rate/ROI with all cash after accounting for repairs (1700x12/9500)!If financed with 20% down your returns skyrocket to over 107% (also accounting for repairs being done: 1700X12/19000).

This home is a very easy rehab with virtually no risk since were selling it at such a steep discount!

The numbers make too much sense; this is an easy win for new investors or the experienced!

Rent in a prime location for over $20,000 a year in cash flow or flip for over $65,000 profit! You could likely even not do a thing and resell for more if you’re patient.

This home is a must see and is on a first come basis!Don’t miss this easy opportunity!

Call/txt for more info/showings: 701.595.0074

*Home is completely livable as is and no repairs are mandatory, but a list of what I recommend is below.

-Suggested repairs/updates: General cleaning (home will be much cleaner than in pics as they were taken a while ago), flooring in 1/2 home, replace some paneling w/ sheetrock (not essential), interior paint throughout, some minor bathroom updates such as vanity/mirrors.For higher end finishes I would replace kitchen cabinets and do more thorough bathroom remodeling.

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Rents going up Jan 1!

CHEAP HOME! Live in & work on, fix and flip for over $20,000 profit, or use as a rental for great returns and cash flow! Good bones, just needs cosmetic repairs (likely $15-$20K). After repair value easily $55-$60K. First with cash gets the home! Call or text for more info: 701.595.0074

Please private message me with an email that I can send photos and financials to.

Thanks!

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