Foley, Alabama
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I retired from Illinois State University after 38 years of teaching to pursue something I have always wanted to do. My wife was in the Real Estate business buying and rehabbed houses and duplexes. We then went in business together and over the past 5 years we have bought and rehabbed houses in Illinois, Missouri, Arkansas and now in Southern (8 miles from the Gulf near Orange Beach) Alabama.
This year we decided that we wanted to take our Real Estate to another level. To one of using our past experiences and our brains rather than muscle. We are in the process of developing wholesaling of single family homes as well as Multifamily Apartments investment business. For more information you can go to our web page.
Five years full time and off and on for 30 years
To accumulate enough monthly income to provide support for 11 Grand kids to attend Post Educational Institutes if they so desire.
We figure this means about $5000. month of additional income for about 12 years
Investors who will partner with us on two levels. One where we do all the work of finding wholesale single family houses in Low to Middle income working families communities. The investor buys houses from us at no less than 70% below ARV.
Secondly where we find Multifamily Apartment complexes (6 to 75 units) in emerging markets that offer a minium ROI of 8 to 10% to investors plus appreciation, cash flow,and tax advantages. We will locate, do Due Diligence, the deal, and over see management until we sell at a profitable time (usually between 2 and 5 years).
| Began Investing | February 2009 |
| Member Since | March 01, 2009 |
| Website | www.wholesaledealsforu.com/blog |
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Peter Kolat "I asked JD for a favor and he went ahead without hesitating. Just ..." |
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I have many single family REO's in the State of Colorado for sale 03:13AM on October 25, 2011 · Lisa Lunger |
I have been working of putting together a Partnerships program for my wholesale RE business....
about 1 year ago
I should have explained better. I do have all the information on each house and projected ou...
over 1 year ago
The area where both are located are different. One is located where it will rent well and qu...
over 1 year ago
[quote=JD Hawkins]I have two Single family house Contracts in Southern (Mobile and Gulf Shor...
over 1 year ago
I have two Single family house Contracts in Southern (Mobile and Gulf Shores) Alabama one at...
over 1 year ago