rehab properties

Hello Guys

Can anyone send me a list of wholesale turnkey
properties or decent rehab properties,will look
at all,in all areas.

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Here is a list of wholesale properties, list is somewhat empty right
now but
will fill in within the next few weeks. Prices are negotiable, throw
me a
number to take to the seller to see where they stand.

James Bowery
Linward Realty
Office 904.807.0081
Fax 904.807.0071


Monday, March 12, 2007 Page 1 of 1
Bed(s) ARV Rehab PRICE Detail
Address LIN# Bath(s) SQ FT ARV Rehab PRICE Detail
Estimate Estimate PRICE Detail
12353 Pulaski Rd. LINI593D2480308 3 1 1542 160 K 20 K 119 K New Back Porch/Baths
1559 W. 21st St. LINW0101D1080301 3 1 812 85 K 3 K 58.9 K College Park/Rental Unit
9126 Jasper Ave. LINW0102D1440312 2 1 1177 115 K 13 K 78 K Southside Area
8241 Dickie Dr. LINW0104A1800306 2 1 747 125 K ---------- 94 K Great SS Location/CHAC
1972 W. 11th St. LINW0110L0500308 3 1 895 80 K 18 K 32.5 Off Kings Rd.
9050 9th Ave. LINW0110L1300308 3 2 1188 115 K 15 K 69.5 K Corner Lot
5215 Baycrest LINW0119A1760305 3 1 960 135 K 5 K 94.5 K Westside
1082 Huron St. LINW0123A0940307 2 1 917 85 K 10 K 52 K Possible 3 Bedroom
1040 James St. LINW0132L2840307 3 1 1051 205 K 15 K 148 K Riverside
196 Poinsetta St. LINW0133D3780309 2 2 1176 260 K 25 K 196.5 K 3 Story w/decks on each
3864 Mandarin Woods Dr. N. LINW0133L2900309 3 2 1104 190 K 15 K 150 K Mandarin Area
1044 E. 16th St. LINW0136A0620306 3 1 924 85 K 15 K 36.5 K Off E. 20th St. Expy
1950 W. 20th St. LINW0136A0620306 3 1 1000 90 K 15 K 36.5 K Off W. 20th St. Expy
3647 Dignan St. LINW0136A0980306 4 2 1120 105 K ---------- 56.5 CHAC
7033 Paul Howard Dr. LINW0140A2400307 3 1 1450 165 K 10 K 110 k Equip. W/Hot Tub + Appliances
5111 Janice Cir. E. LINW0143L1960307 2 1 1090 140 K 5 K 104 K Potential 3 BDRM
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WHOLESALE PROPERTY Contact Jeff
www.PropertyPayDays.net 904-465-0897


2210 The Woods Dr. E., FL 32246 (occupied)

Going E. on Beach Blvd., turn L. on Hodges Blvd., go approx. 1.5 mi., turn L. at stop light, into The Woods subdivision, once passing the guard gate, turn Rt. on The Wood Drive, home is on the L.

This property is a good candidate for a buy and hold rental or an owner occupant purchase, looking to gain $30-40K in equity.

Wholesale $210K / ARV $245-255K / $2K Repairs (minor paint, carpet) (occupied) This 3/2 1568 sq ft home is located in a gated community off of Hodges Blvd., home features a large eat-in kitchen, stone fireplace, screen porch, private master patio, 2-car garage, privacy fenced backyard. All kitchen appliances stay. There is a private patio that has access from the master bedroom and bath. Master bathroom is very spacious. The entire yard will be re-soded and mulch installed in the planters. Home has already had a WDO inspection and the needed repairs were completed. For more pics of this property visit our website www.PropertyPayDays.net and click on Homes Available across the top.




Asking
$210,000
All Closing Costs
2210 The Woods Dr. E. 1992 3/2 1568
Jacksonville, FL 32246

2227 Twin Pines Cir. N. 245,000 1987 3/2 9/7/06 1526 .03
2175 Birch Bark Dr. 270,000 1990 3/2 8/24/06 1750 .07
1722 Branch Vine Dr W 275,000 1993 3/2 8/31/06 1682 .2
1697 Tall Tree Dr. E. 282,000 1997 3/2 9/7/06 1809 .31
2046 Las Brisas 234,500 1999 3/2 11/15/06 1416 .45
2330 Companion Cir. E. 238,000 1996 3/2 11/8/06 1490 .5
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Good points on relationships with subcontractors.

There are several that I deal with that have told me that I am the
only real estate investor that they will work with. I've asked the why.

Their response was generally something like "the won't pay me my money".

Now, I am sure that this is not true of every real estate investor out there but it
is a very common perception among subs: "People that deal in real estate are slow pay"

My deal with subs is always the same and I make it quite clear to them:

They get zero funds upfront and the day that the job is 100% completed, according to our agreement,
I cut them a check on the spot at the time of my inspection.

There is no misunderstanding by either party how and when they will get paid. In fact, I put it in writing and
we all sign the agreement. I give them my bankers name and phone number and they are fee to give her
a call to verify that I have funds to pay for what I purchase. For what it's worth, the banker has told me
that in about five years she had never had a call from one on my subs.

Construction subcontractors are just like many small business persons. They are generally running their
business with zero capital and the work from Friday to Friday. They need to be paid on time and when the
work is done. And once again, never, never, never, ever give them any money in advance. If they need money
up front for material, haul them to Home Depot and pay for it and deliver it back to the property yourself.

Some of the subs I use, I am to the point where I don't even ask for an estimate. They know what I want and
I know what they are worth. I have yet to have a disagreement with subs over payment for work done.

Just my thoughts on the subject.

David Ginn
..............
Fabian, you're absolutely right, the relationship with good subs is most valuable,

It's not good to establish a relationship as "cheap" however competition is part of life, at least to some degree.

I did not mean the cheapest one, I did say something about quality.

It takes an investment of time to find the workers who can bring you quality work at decent prices, and the ones who need the work are willing to be a little more flexible on price.

The more of those relationships you have, the more projects you can have going at one time, simultaneously, or just more people you know you can rely on when the first guy you call is busy on another job.

Even the finest craftsman can price himself right out of work, if he doesn't have the clientelle to support his pricing. There again, it is about the relationship.

My 2 cents.

LJ
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When you mean the best contractor, do you mean the best priced one (the cheapest one) ? As all of you out there are aware, the lowest bid doesn't always get you the best product. I know in certain occasions our budgets, as investors, only allow us to use the lowest bidder but I'n my experience I always get the better deals using my subs over and over again . This creates the kind of relantionship that allows you to manage the prices without having to shop all over town and getting God knows what kind of service and/or product. This without having into consideration that after a good contractor gives you a few bids and never gets a job from you, he is not going to keep bidding in your jobs. I, personally and as a company policy, always stay away from anything resembling a "bidding war"... and I know I'm not the only one so I'm guessing after a while it will be hard to get any bids from reputable contractors.

Just my thoughts.

Fabian Videla
AMV Companies
904-981-9400
................HISTORIC SPRINGFIELD

Priced at $137K on the website- dropped to $128K- renegotiated with the owner. Property is Hud Qualified and has central heat and a/c. Great Location on corner of 6th and Market... There are a couple of pics on the website at www.cashbuysfast. com under wholesale properties. Owner still there, but if interested in seeing inside, please call for an appointment.

PROPERTY NEEDS QUITE A BIT OF WORK FOR A RESELL(AS MOST HOMES IN THE AREA DO), BUT ALSO A GREAT PROPERTY TO DO A LITTLE BIT OF WORK FOR A RENTAL AND KEEP FOR A COUPLE OF YEARS THAT WAY ALSO.

Candice Rosenberg
904-424-8996
==========Ouch. Joe is a little testy.

I suggest that maybe if he had shared this info with the entire membership about 6 months ago or so, things would be different.

Dave
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