Monday, May 7, 2007

Monthly Landlord Meeting

http://www.realestate-jacksonvilleflorida.com/appreciation.html

Members, friends, and everyone with an interest in residential rental property management are invited to attend the monthly meeting of The Florida Landlord Network.

Meetings are held the 2nd Wednesday of every month beginning with lunch at 12:00.� The meeting runs from 12:30 until 1:30 PM and is held at The Golden Corral, 4250 Southside Blvd. �Click here for map.� This meeting is free to all. Bring a friend!

Eviction Service

No one like an eviction. When you must evict, Florida Landlord Network makes it easy. Just go to the website and select "Evictions" from the Services Menu. Enter the required information (this takes about one minute). Soon after you will receive all of the documents required to file in Court. Sign them and give us a call.

We will pickup those signed documents and take them to Court for you. In addition, we will return to Court at the appropriate times to file the required Motions. Assuming your tenant doesn't pay, you should receive the Final Judgement in a couple of weeks. All for $195.00. All fees included.

Visit FlaLandlord.Com Today!

Best regards!

Paul Howard
President, Florida Landlord Network

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NEW WHOLESALE PROPERTY LISTINGS!!!

Check these out ...

1478 E. 15th Street - Added over the weekend!
Jacksonville , FL 32206

LIST PRICE:$29,900k
ARV :$92k

SUMMARY: Another CHEAP HANDYMAN SPECIAL! 1200 sf 3/1 frame property.
"Ugly" means "beautiful" to the investor who snatches this diamond in
the rough and turns it into a $700-$800 cashflowing machine! Needs about
$20k-$25k in repairs...

More info @
http://www.UndergroundDeals.com/list.asp?id=1478


$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

1065 Winthrop Street - Added over the weekend!
Jacksonville , FL 32206

LIST PRICE:$53,900k
ARV :$95k

SUMMARY: Large 7,200 lot 2/1 960 sf frame. Tenants are currently
paying $450/mo and has been faithfully paying under market rent for 5 years
with no plans to leave. Needs an updated kitchen (if you want) and
cosmetic stuff. Electrial panel already updated. Repairs could be anywhere
from $2k to $8k depending on how badly you want to please the (already)
happy tenants. There used to be another property in the front but it
burned down many years ago...you can build on that lot and have two
houses on the same property!!!

Details here:
http://www.UndergroundDeals.com/list.asp?id=1065


$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

5215 Baycrest Rd. - Added over the weekend!
Jacksonville , FL 32205

LIST PRICE:$89,900k
ARV :$145k

SUMMARY: NICE HOUSE! 3/1 (could be a 4/1) CONCRETE BLOCK STUCCO
with over 1100sf (tax rolls incorrect). Good rental in great area. Needs
carpet, paint, new compressor and handler. This is a sweet house. Don't
pass over this one too quickly....

Go to:
http://www.UndergroundDeals.com/list.asp?id=5215


$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$


1018 FRAZIER ST. - Act quickly on this one!
Jacksonville, FL 32208

ARV: $85k
LIST PRICE: $22,900k

SUMMARY: Bargain hunter's galore. 3/1 frame house, 1286 sf. Needs a
little bit of everything. Handyman special! Cheap! Real LOW LTV!!!

Details @
http://www.UndergroundDeals.com/list.asp?id=1018


$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$


1629 W. 11th Street - Cheap and Ready to go!
Jacksonville , FL 32208

LIST PRICE:$25k
ARV :$50k

SUMMARY: CONCRETE BLOCK outside and CERAMIC TILE throughout the
house inside!!! That should ease your future tenant maintenance. Rents
easily for $500-$600 per month cashflow. Outside AC unit needs to be
replaced because it was stolen, but air handler inside is fine--rest of house
is ready to go. Bonus: Seller will pay for all of his own customary
closing costs too. Check out the pictures--it's NOT an ugly house, but you
get it at an "ugly house" PRICE!

Visit:
http://www.UndergroundDeals.com/list.asp?id=1629


$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$


If none of these are right for you , then please forward to a
friend/client...

Thanks!

Robert
http://www.UndergroundDeals.com

P.S. Status of all properties are always updated on the website so
please check there first to find out if it is still available or not...


=========

Jason

I think it all depends on what your goals are, what sort of resources you have available, how much time do you plan on allocating to real estate, etc..

Some folks like the low/moderate income type properties. There are a bunch of those available and they are in the lower price range. Also, are you going to acquire, repair and rent, do wholesale, rehab and resell? In short, you need a plan.

I buy homes that will retail in the $175-250,000 price range. Homes in nicer neighborhoods. It works for me and I can do 3-5 homes a year and meet my goals.

I would sit with some of the JaxREIA "oldtimers" (like Joe Locklear!) and get their feedback on what might be the best direction for you.

There are many ways to be successful in real estate investing. That being said, there are twice as many ways that you can fail.

I hope this helps and please feel free to email me directly if you have any specific questions.

David Ginn
Jacksonville

==============

IF U R LOOKING TO FIND INVESTMENT HOUSING U MUST FIRST DETERMINE
DO U WANT TO BUY AND SELL OR BUY AND RENT OUT

--
JD Polk, founder&ceo
Alternative Resource Electric Corp inc
(solar,wind & tidal-flow generation one platform)
904.333.9814
888.448.9188

On a more serious note:

If you go to the website www.LetsSayThanks. com you can pick out a thank you card that Xerox will print and send to a soldier that is currently serving in Iraq. You can't choose who gets it, but it will go to a member of the U.S. armed services. How AMAZING it would be if we could get everyone we know to send one!

============
Yes... I'm a newbie

It seems that most of the investing I hear about is in the lower
income parts of town... mostly the North and West sides. Is that
because that's the best investments or is that because most of the
investors live near those areas? Can you wholesale houses or is there
a market for houses in the 175K to 300K range? I live in Green Cove
(Lake Asbury Area) and I don't see too many homes under 150K. Should I
travel to other areas to look for investments or work the area I live in?

=======


don't think this is really a "blog type fast chat that R not seen as a business plan" type message board.

It's a message group of real estate professional that post serious questions and information that helps
them become successful in real estate investing.

Honestly, the more time you take to compose your message, the more you are apt to get a serious
response. I doubt that you would place an ad in the newspaper, that cost you money, without
taking time to word it properly.

I guess if it's free, it's not worth much.

You still didn't explain what you meant by "prophet margin".

At least you added your name, company name and telephone number.

I step at a time, I suppose.

David F. Ginn
Jacksonville, FL
========

AS A GENERAL RULE IN BLOG TYPE ROOMS LIKE THIS THESE R FAST CHAT TYPE MESSAGES AND R NOT
SEEN AS THE BUSINESS PLAN

--
JD Polk, founder&ceo
Alternative Resource Electric Corp inc
(solar,wind & tidal-flow generation one platform)
904.333.9814
888.448.9188

On a more serious note:

If you go to the website www.LetsSayThanks. com you can pick out a thank you card that Xerox will print and send to a soldier that is currently serving in Iraq. You can't choose who gets it, but it will go to a member of the U.S. armed services. How AMAZING it would be if we could get everyone we know to send one!

==============

Address: 840 Erie Avenue
Bedrooms: 3
Bathrooms: 1

Sq Ft: 1,066

Lot size: 11,124 sq ft / 0.26 acres
Repairs: 25k
ARV: 120K

Asking: $56k obo

1k binder will be required and must close within 2 weeks CASH OR HARD
MONEY.

Tim 994-0815
Jaxleads@yahoo. com

=====

This is probably the worse, most cryptic email that I have ever received.

Are you trying to sell something with this message?

I suggest that next time you construct a readable business type letter that would explain clearing what product or service your are offering.

It would also be very helpful if you would sign the message with your full name and the name and location of your company along with a telephone number.

By the way, what the heck is "prophet margin"? Are we expected to guess what we will make on what you are selling?

Just my thoughts while trying to be helpful.

David F. Ginn
Jacksonville, FL

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