Saturday, April 7, 2007

Rehabbers/Landlords:Good Friday

WOW!! It's not Good Friday... Its a GREAT FRIDAY!!!!

We got another one that just popped, take a look.

Here today- Gone tomorrow

WHOLESALE PROPERTY FOR SALE!!!!!!

Just recieved short sale approval and we have clear title, must close by April 30th.

1357 West 16th St
Jacksonville, FL 32209

1256 Sq ft AS-IS / WHERE IS Net to seller is $48K
Sold in 2004 for $80K
Repairs approximately $5-8K
Comparables show STRONG $99K (attached)
Numbers work ... Make it Happen!!

Latest and greatest!!! Call or email Mike today!!! 904-291-3266 or michaelsalik@bellsouth.net

3020 Ernest St., 32205

ARV: $140k

NET 89k

Lovely 3/1 1500sq ft in Riverside near Powers Park, TLC and cosmetic updates needed and it'll be ready to go (about $12k repairs). Won't last long...

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1425 W. 2nd St.

ARV: 86K

NET: 31K

don't delay on this one. Large lot with a 3/1 on it that needs work, and will be a nice profit for rent or sale.

Good sized backyard with a shed. A couple of nearby houses sold recently for about $90K retail. Clear title search.

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463 W. 66th St

ARV: 80K

Net: $31K

2/1 SFR with 525 living area. AC is reverse-cycle window unit, plumbing has been upgraded, electrical panel is 150 amps. TENANT paying $450/mo and plans to stay!!! Property cashflows 'as is'. If you insist on making repairs, there is enough equity spread for at LEAST $15k for "pretty up" and updates.

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1216 W. 4th St

ARV: 63K

NET: $15k RIDICOLOUS NET!!!! MOVE TODAY

2/1 property that needs work all around. Put basic repairs, standardize with neighborhood and then rent it out for cashflow. The numbers work.



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HOT!!!!!

8445 Brackridge Blvd. S., 32216 MUST SELL QUICKLY!!!

ARV: 150K

NET 95K

Summary: 3/1 SFR concrete block. This house would need mostly cosmetic work. There is some wood additions on exterior that would need to be replaced. There is a storage building that would need to be torn down. Owner will be leaving property and we need to move quickly on this one. Nice property in good neigborhood.

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827 W. 30th St., 32209

ARV: $80k

NET: 56K

Completely refurbished 2/1 Bungalow! Ready NOW! GOOD STARTER HOME OR GOOD RENTAL PROPERTY. Remodeled property Includes NEW Roof, NEW Central Heat & A/C SYSTEM, NEW Water Heater, Newly Painted AND Electric upgrade/rewired. Seller has never lived on property.



Michael Salik




904-291-3266 Office
904-236-5053 Fax
www.allamericanrei.com
www.EnglandMortgageGroup.com

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