$80,000 in equity!
Monday, March 23
9408 Oscar St. Oakland, CA 94603Duplex: 2/1 2/1 Wholesale Price: $112,000After Repaired Value: $200,000LTV - including rehab: 61% Rehab: $8,000 - $12,000Square Feet: 1,440Vacant , Rents: $2200 a monthCAP Rate: ~ 18% Zillow value: $292,000Sold in '06: $440,000Assessed value: $460,000 Outsid...
$90,000 in equity!
Monday, March 23
3311 / 3315 72nd St, Oakland, CA 94605 Duplex: 1/1 1/1 Wholesale Price: $125,000After Repaired Value: $220,000LTV - including rehab: 58% Rehab: $2,500 - $5,000Square Feet: 1,450Rents: $2000 a month- one unit occupied at $950CAP Rate: ~ 16% Zillow value: $300,000Sold in 12/06: $456,000Asse...
$90,000 in equity!
Monday, March 23
7210 McArthur Blvd, Oakland, CA 94605 Duplex: 3/2 3/2 Wholesale Price: $159,000After Repaired Value: $240,000LTV - including rehab: 67%$90,000 in equity! Rehab: $2,500 - $5,000Square Feet: 1,800Vacant, Rents: $2700 a monthCAP Rate: ~ 17% Zillow value: $355,000Sold in '05: $500,000Assessed...
First E-mail
Monday, March 23
While I have been in the RE investing business for three years, I had not had the opportunity to build a buyer's list or to send out to one. That all changed recently. and I finally sent out our first e-mail. While the Bay Area has been out of our own reach for quite some time, finally prices hav...
Getting Everything Started
Monday, March 23
Hello! I am new to the web technology arena and this is my first blog post. My business partner, Pamela, and I own Motivated Properties, a real estate company which wholesales properties, buys short sales, helps keep people from foreclosure, facilitates in loan modifications for people who want t...