All Forum Posts by: Evan P.

I usually like to pay a 50-100$ fee for the bid depending on size of the home.

Then I attach their bid to my presentation, an investor will likely use them for the job eventually. 

In need of Investors for flip's and Rental properties. We currently have multiple Investment Properties across southern CA available & ready to sell monthly!

World-renowned architect Cliff May mid-century modern home nestled in the Rancho Estates community. These homes are an extreme rarity, they fetch a massive premium and are known for setting neighborhood records, on top of all that this home is screaming Location, Location, Location. Just seconds from El Dorado Park, El Dorado Golf course and just a short drive to Cal State Long Beach! This one is as pretty straight forward as it comes to comps! The previous owner had fun putting his own touches that simply need to be undone. He took one wall down and made it into a 2 bed, simply need to throw the wall back up and you have your original 3rd bedroom. Same with the kitchen, just need to take a wall down and you have your open floor plan once again. The demo and minor framing is not anything to worry about in terms of rehab cost. The home has paid-off working solar panels and the home actually has OLD solar panels too that will just need to be removed, simple fix. Let me know if you can make it out on Wednesday as this one will go very fast! Delivered Vacant

Purchase Price- 669k

Rehab- 60k

ARV-850k

COE 6/20/2017

Deposit-35k

This area of Rialto is very hot right now as you can see by the low active rate in the area. This home has a great floor plan to work with, no need to reconfigure anything. Also with a bathroom in VERY decent condition and good looking tile floor. Even though the pool has recently been drained, the pool seems to be in good condition with no major issues that we can see. With all that being said and the purchase price being under 290k makes this project a sure winner in our eyes. Please let me know if you are able to come out and take a look on Thursday.

Purchase Price- 289,999

Rehab- 40k

ARV- 385k

COE 6/20/2017

Deposit 30k 

1050 W Francis St Ontario, CA 91762 *Development*

The property is actually 70,224 sq ft lot (1.62 acres). After speaking with the city directly they have also informed us that they have the lot size at 1.62 acres. Obviously, nothing is set in stone till you get approval from the city but they said that 8 homes can be built on this lot, this is what their current zoning requirements state as long as there is a private road on 1 side of the lot and engineering must approve. There is currently a 1300 sq ft home on the lot that you can rent out while you are waiting for you plans to get approved. The other great thing about having a home already on the lot is that the property has Utilities ran to it, making rehab a lot less. Also below you will see other Active listings and sold comparable's for land. You are not going to find a better deal sold or Active for land. The play here is to build 8-2000 sq ft homes that will sell for 550k each (comps below). Hurry this one will go QUICK! Please let me know if you are able to make it out ASAP.

Purchase Price 850k

Rehab 300k Each-2.4 million Total (8-2000 sq ft homes)

ARV 550k Each- 4.4 million Total

COE 6/2/2017

Deposit 50k 

Hello, We just got James Bond's house in Covina. Ok, maybe it's not actually James Bond's house but it most certainly could be when its all said and done. 

It's rare that an iconic midcentury modern home of this degree becomes available as an investment opportunity to make into a SHOWCASE HOME. It has so much potential, you'll want it for yourself!! This home already comes with some GREAT features that include recessed lighting, new AC dual zone system units, new roof, dual tank-less water heater and the best part is FREE energy. Yes, you heard me right. This home has solar panels that have already been paid for! No lease! Besides all these great features this home sits on almost a full acre, this home is located high atop a private drive highlighting its amazing panoramic views. The drive-thru porte-cochere underneath the home has room for up to 12 cars. Through the grand entrance, the double-doors open to views of the Valley, Mt Baldy, and gorgeous city lights, views which are also visible from EVERY room in the house. This one is a sure winner in our eyes. Especially with a HUGE ROI, for a fix and flip project. Please let me know if you are able to make it out tomorrow.

Purchase Price $999k
Rehab $125k
ARV 1.425
COE 5/31/2017
Deposit 45k

This home has 1 competitor in a 1-mile radius with similar characteristics. In a market where supply can't keep up with demand, this is a great opportunity to take advantage of the summer market. This home is very clean and purely a cosmetic fixer. An approximate 1500 sq ft home with 3 bedrooms and 2 bath makes this home the ideal project in my eyes. No need to reconfigure a bathroom or add another bedroom it is already a 3/2 keeping that rehab cost to a minimum. With added features like RV parking, blue-ribbon schools surrounding this home and priced at 599k you can't go wrong in my opinion. 

Purchase Price $599,999
Rehab $45k
ARV $740k
COE 5/18/2017
Deposit $25k

The main factor here is the VIEW and the lot size. Their are plenty of homes out there that sold for less than my ARV but none have the lot size or the VIEW and most of the ones that do have the VIEW and the lot size sold for much higher than my projected ARV. This home must be seen to appreciate. According to listing agent you can also build more units (check with city for more details) and their is definitely space to do so. This home also has 2 basements that are about 7 feet in heights which can be used for living space if someone desires, as 1 basement already has a bathroom that is legally permitted by the city.

Purchase Price 759k

Rehab 90k

ARV 1.050 Million

Deposit 40k

COE 5/5/2017

Purchase price 719k

Rehab 80k

ARV 950k

COE 5/5/2017

Deposit 50k