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1 November 2015 | 23 replies
He was routinely getting $5 bills stuffed in his pockets, with comments like "Oh, here take this... it looks like you could use a drink as well when you get home..."
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2 November 2015 | 6 replies
The property mostly needs cosmetic rehab.
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2 November 2015 | 13 replies
The home is 30% - 40% larger than most of the homes on the block and needs mostly cosmetic updates (e.g. hardwood floors, granite countertops, stainless steel, carpet, paint)
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9 November 2015 | 8 replies
Unsure if permits have been requested for- Upstairs has been freshly painted, though there are some cosmetic repairs- Contractor walked through the property and estimated about 15K-25K to finish the basement, and 5K-10K to finish the cosmetic work upstairs.- Seller has agreed to replace the roof on the property- Comps on this property suggest market value to be at $370K today and hence over leveraged as financing amount is 377K, PLUS wholesaler wants 23K to assign the deal.- Benefits are, no qualifying, 23K is my cash in (excluding repairs), and I have two months to "market the property"My strategy on this deal would be:- Find a Rent to Own tenant and Rent to own it for $2130/mo (400 Cash flow/mo)- 15K-20K downpayment (reduces my cash in)- Sales price of $400K in 3 years (appreciation rate of 2.5% over 3 yrs)- Charge 12K fee to borrower as fee for rent to own- Tenant willing to put in sweat equity to finish basement and complete cosmetic repairMy numbers:Assuming I can find a rent to own tenant, 15K down, and sell the house for a future value of 400K, and rent the property for $2200 a month (with Average $450 monthly credit back to purchaser), my net return on investment is $52400 over 4 years.
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3 April 2016 | 7 replies
It is all pretty routine stuff for experienced people so there may not be much difference between companies.
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4 November 2015 | 7 replies
It's mostly cosmetic work, but it needs a new roof before long.
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20 December 2015 | 5 replies
I'm currently doing a flip in Rock Island and a cosmetic reno on a three flat in Davenport.I am quick closing on these properties and need someone to start asap.THANKS Meghan
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14 November 2015 | 2 replies
We are looking for a 4-plex property, ideally with minor cosmetic issues or turn-key for a passive (we both currently work relatively demanding FT jobs) buy and hold strategy with strong cash flows in mind.Anyways, we are looking for real estate agents/realtors to assist us with our search, so feel free to reach out!
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12 November 2015 | 2 replies
From the outside, the place looks like it'll need some cosmetic repairs, but who knows until we look inside.So my agent is suggesting I submit an offer at full price with several conditions - 1) offer is subject to inspection and 2) tenants must vacate at the close of escrow.
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12 November 2015 | 3 replies
Now you've lost money without including any holding costs, taxes, or routine maintenance.