All Forum Posts by: Mike Fisher

Hi Brian,

Yes this is a wholesale property. I got it under contract before it went to auction. Yes it is a mess and yes fully furnished with all there junk! LOL The 45K estimate came from a local remodeler. What is your email address? I will email you all the pictures and info. 

Mike

Features: Laminate floors, large kitchen with french doors leading to a family room with a fireplace, bay windows in living and dining room, finished basement with walkout to a large yard.

Location Location...Great Lincoln Way School District! Bike Trails, Metra, Shopping, Golf Course!!

Repairs needed: Roof, bathroom updating, aluminum repair, pool (removal), painting and carpeting, landscaping.

Estimated cost of repairs $45k

1910 SQ FT

Built 1972

Taxes $5150

ARV $250000

Asking $137,500

Click here for photos... https://goo.gl/photos/6vxBmCfgPbr2UnU3A

Earnest Money: $2000.00

Note: Buyer to pay closing costs. Cash only deal, must be able to close in 2 weeks.

Comps in area: 20108 W Westgate $270k

Huge 5 BR 3 Bath Brick bungalow with a 2 Car Brick garage in a great location!

Features: Huge finished basement with a kitchenette and separate entrance! The house sits on a rare double lot!

Repairs needed: Roof, paint/drywall, and kitchen & 1 bathroom needs updating!

Estimated cost of repairs: $70000

2300 Sq FT

Built in 1919

Taxes $4486

ARV $315000

Asking $165000

Click here for photos... https://goo.gl/photos/iVvYQiM2gpV5Stdo9

Earnest Money: $2000.00

Note: Buyer pays closing costs.

Comps in area: 1627 Clinton $245K, 1401 Highland $325K, 1523 Euclid $278,500.

4 BR 2.5 Bath Raised Ranch with 2 car garage

Features: Laminate floors, fireplace, large kitchen with french doors, finished basement, large yard and it is in the best school district!

Repairs needed: Roof, deck, bathroom updating, aluminum repair, pool (removal), painting and carpeting.

1910 SQ FT

Built 1972

Unincorporated Will County Taxes $5150

ARV $230000

Asking $137,500

Click here for photos... https://goo.gl/photos/6vxBmCfgPbr2UnU3A

Earnest Money: $2000.00

Note: Buyer to pay closing costs. Cash only deal, must be able to close in 2 weeks.

Comps in area: 20111 s rosewood dr $230k,19936 s spruce dr $228,500, 20219 s greenfield Ln $234.

Add to your retirement with this property...

Huge 5 BR 3 Bath Brick bungalow with a 2 Car Brick garage in a great location!

Features: Huge finished basement with a kitchenette and separate entrance! The house sits on a rare double lot!

Repairs needed: Roof, paint/drywall, and kitchen/bath updating!

Estimated cost of repairs: $80000

2300 Sq FT

Built in 1919

ARV $315000

Asking $170000

Click here for photos... https://goo.gl/photos/iVvYQiM2gpV5Stdo9

Earnest Money: $2000.00

Note: Buyer pays closing costs.

Comps in area: 1627 Clinton $245K, 1401 Highland $325K, 1523 Euclid $278,500.

Don't miss this deal!!

This is a 3 BR 1.5 Bath with a 1 car garage in a great location near Joliet mall!

Features: fireplace, whole house fan,electric baseboard heat, all electric appliances.

Repairs needed: Roof, carpeting and paint- estimated cost of repairs $8000.00

1383 SQ FT

Built in 1966

ARV $145000

Asking $115000

Click here for photos.... https://goo.gl/photos/G1TozJfzwbxF1iE57

Earnest Money $2,000
Buyer will split all title charges and customary title costs with Seller. Sold as is, no survey. Buyer will receive taxes prorated to 100 percent. Seller will provide free and clear title. Proof of funds or pre-approval required with all offers and for viewing. Deposit required.

This is a Cash Flowing property already!

2 BR 1 Bath 1 Car attached garage with a basement

Features: Newer furnace/hot water heater, roof and windows.

Did I mention it is already CASH FLOWING?!?

Rent comps in area are $1250.00 per month

Keep as a rental Cash Flowing property or flip it!!

1028 Sq FT

Built in 1940

ARV $45000

Asking $35000.00

Click here for photos.... https://goo.gl/photos/AR33jfEMzGmnZRxm9

Earnest Money $2,000
Buyer will split all title charges and customary title costs with Seller. Sold as is, no survey. Buyer will receive taxes prorated to 100 percent. Seller will provide free and clear title. Proof of funds or pre-approval required with all offers and for viewing. Deposit required.

This is a 2 BR 1 Bath brick home with 1 Car Garage

Features: Newer furnace/hot water heater and full basement

Repairs needed: New roof (roof is tarped), New garage door, and paint- estimated cost of repairs $10000

1183 SQ FT

ARV $47000

Asking $22500

Click here for photos.... https://goo.gl/photos/Mqkr1ZoRDhx4jaZf8

Earnest Money $2,000
Buyer will split all title charges and customary title costs with Seller. Sold as is, no survey. Buyer will receive taxes prorated to 100 percent. Seller will provide free and clear title. Proof of funds or pre-approval required with all offers and for viewing. Deposit required.

Thank you for reaching out to me. I think it makes sense to have a quick chat to see how we can benefit each other. I have portfolio of TurnKey Properties. I provide the best product in the South Suburbs of Chicago. Lets work together on these deals. Give a call or e mail me. Do not forget to check out http://cabpropertiesllc.com/investment-properties/ 

My name is Mike Fisher, the Founder and CEO of CAB Properties, LLC. Starting my career as a builder/contractor, I gained 20+ years of experience building customer relationships, negotiating supplier and subcontractor contracts, and performing hands on building, renovations and rehabilitation of homes, apartments and other commercial structures. In 2008, I decided to embark on a career in real estate investing, building my own investment portfolio while helping others learn and explore opportunities for developing their own real estate investment strategy. As a dedicated real estate investor, I have developed my personal portfolio to over 40 units and growing strong! Providing turnkey property solutions to many new and experienced investors seeking to start or expand their portfolio in the South Suburban areas of Chicago, Illinois. As a small business owner knowledgeable in this particular market, I am able to provide a high degree of personalized service and continually endeavor to identify and select the most suitable and sensible solutions based on an individual investors' style, goals and objectives.

Through educational events (Meet ups), personalized market and property tours, and service referrals, I guide real estate investors through the process to easily locate, finance and purchase properties in desirable markets with a high degree of confidence and peace of mind. I also buy properties from sellers who are interested in disposing select properties when it makes sense.

I consider it a privilege to help educate new or potential investors about opportunities for enhancing cash flow in real estate with in my area of expertise. Please reach out to me for further information at any time (contact CAB).