My Deals

So I've encountered a lot of issues with homes, but never had an issue with high radon levels. I've got a house that is listed that I'm wanting to out an offer on. I've done my research and spoke to contractors handle radon mediation. However, I'm wanting to see what others may be able to add to this subject.... Thanks in advance!

Hello DG Family,
Well, I wanted to make an effort to get here to this site much more frequently. But, sadly that hasn't happened. I've been working on a deal for the past 11 months that finally has come to fruition. You know me..., its one of Tammy's crazy deals! A short sale with 2 loans that's a divorce with IRS and other liens. Yes, I attract the problem properties, don't I? But I'm not complaining. I AM A PROBLEM SOLVER after all. And this one, I left in other's hands to resolve the problems while I worked on a few other deals.

Ok so I have 2 more properties under contract. I found the seller through the tax records. He is a absentee owner and desperately want to sell it. Now all I need to do is find a buyer. I've been posting for sale ads online and street signs.

1st property: Griffin,Ga

Asking Price: $ 9,750
Repairs: $10,000
Property Type: SFR 2bd/1ba
Year built: 1920
Garage: Driveway
Cooling: Central
POTENTIAL PROFIT: Paid off in 3 years.
Total asking price: $ 9,750 Your purchase price
Income per month $550 Average market rent
Gross rental income within the 3 years $19,800 From monthly payments
within the 3 years
Annual net income $5,280 This is after calculating 20% for expenses

2nd property: Griffin,Ga

Asking Price: $ 9,750
Repairs: $10,000
Property Type: SFR 3bd/1ba

I have a 3/1 (could be converted into 4/1 easily) sfh in Indianapolis, Washington Township. ASKING $31,500, ARV $103k (based on solds within 6 months, less than a mile away). Needs approximately $25k in repairs, will rent for $850. Basement, hardwoods, 1620 sq ft, fenced in backyard, 2 story. Located near Butler University, Ivy Tech State College, Downtown Indy and State Fairgrounds. *Currently occupied

Recently I finished a deal that had to have been the most draining and wacky deal I've ever completed.... Well it first went wrong when I inquired about the status of my prelim title work for the deal and found out that my rep at the title company was no longer there (I worked with her for 4 years now). Her boss emailed me back and told me she was no longer with the company and also that my title work hadn't even been ordered.... Well I was able to get the paperwork in about a weeks time, which allowed me to still close on time. I received a call from a gentleman who saw my Craigslist ad for a fixer upper. His son was moving to Indy to go to school (they lived about an hour and a half away). I met them at the house.

Was hoping someone could tell me how I keep my buyer and realtor from hooking up if I got deal from realtor, who's always looking for cash buyers. Do I use a non- disclosure?

My realtor just sent me 2 great deals, 1 is an estate deal ARV 375-400 he said could be purchased for 260,000,
with very little repairs. The other ARV 375, and purchase price 261,000 also little repairs. I want to jump on them to wholesale to my buyer who keeps calling me for properties but, not sure how to keep buyer and my realtor from hooking up with each other and doing away with me.
Any help would be greatly appreciated.

Cheryl

Have a line on a prop in Laguna Beach I would co-bird dog with someone the wholesaler who has it under contract, buyer didn't perform. Buyer needs to perform by Wed tho, purch price 3.4 mil rehab 300k according to wholesaler, ARV 5.5mil, the comps seem to be solid & even if prop goes for 5mil there is prob at least 1mil profit to be made. PM me if any buyers.

Ps Wholesaler said he would pay 10k if we brought buyer-& we would prob charge buyer I think 10k as well which I don't think is greedy of course I would be fine with just splitting 10k LMK anyone

On April 6th we closed on a great HUD house. It was listed for 125k I offered 82k. It is a 4 bedroom 2.5 bath home. In a B neighborhood. An associate of mine said what did you do that for that way too low!? Well because I can.
The bank received my offer and and asked for my highest and best. I told them that IS my highest and best. They next day I figured I didn't get it. But to my surprise I receive and email telling my offer was excepted !!! Woo Hoo!!

So we use private money, our first person couldn't do it but the second person said YES! So the deal with them is 10% for 2 years. 100% financing.

Hey DG family I wanted to share my 2nd deal I got done, it took a little longer than I expected but I didn't give up.

So I recently locked up a heck of a deal in a great area! One caveat, it has tenants (normally not a problem) but the owners don't want them to know they're considering selling. Now I've closed houses with tenants before but everyone was on the same page... The owners told the tenants that we were rehabbers when we went to view, take pics and estimate rehab... I guess in a way they were correct. Oh well! I'll keep you guys posted on how this one turns out;) unfortunately , I am almost sure that they'll have to move after the new buyer takes ownership, as their rent is way below market.