All Forum Posts by: Foster Algier

We have an equity interest in this property and are selling the contract.

http://www.FACSOLD.com/

VISIT OUR WEBSITE and click on WHOLESALE PROPERTIES to see ALL of our properties. Join our email list to receive our daily property list! REALTORS PLEASE DO NOT CALL TO LIST THIS PROPERTY. THANK YOU!

Bluebell Drive, Casselberry, FL 32707

INVESTMENT: $75,000

Rent: $999-1,050/Month +/-

Rehab: $500-2,000 +/-

2 Bedrooms 2 Bath

1,150 SqFt

Built: 1975

Construction: Manufactured Home/Siding

HOA: $0/qtr

Attention Landlords!! Here is a nearly rent ready Off-Market property in a nice area with a solid ROI that will pay for itself in no time. The rents in this part of Seminole County are growing and homes are sought after for the convenient location and great school zone. The owner has already added brand new laminate flooring throughout, fresh paint, new appliances, and new bathroom fixtures in the master bath. The A/C is newer and the roof looks good. It only needs the screen in the front porch replaced and the kitchen cabinets hung back up (current cabinets were removed for painting but are still in decent shape and are there if you want to use them). This one can be rent ready very quickly...Don't miss out!!

All properties require cash or a private/hard money loan in order to purchase. No conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $3,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract, clear and marketable title with a warranty deed. All closings are with a licensed title company with Insurable Title.

Buyer will be responsible for all closing costs unless otherwise indicated.

Foster Algier

Broker - Gold Key - G.R.I.

FLA Real Estate Services

Want to learn how to get started investing in real estate?
Seeking a free avenue to market your real estate services?
Looking to meet local pros to network and strike business deals?

JOIN US!!!

We welcome:
-Wholesaler
-Fix & Flippers
-Realtors
-Title Companies
-Escrow Attorneys
-Private Lenders
-Business Advisers
-Bookkeepers
-Accountants
-Marketers
-Social Media Experts
-Lead Sources

Arrive and grab a bite to eat or something to drink from 6-7, then we will go around the room and give everyone the chance to introduce themselves and what they're seeking/offering. Bring your current properties for sale, flyers, and business cards, and we'll put them all out on display for everyone to review and take!

HOST: Hannah Skelton - Mail and Marketing Expert
FEATURED GUEST: Foster Algier - Wholesaling Expert and Coach

LOCATION: Golden Corral
5535 S. Kirkman Rd., Orlando, FL 32819
*Min. purchase of beverage required, additional meal items optional*

Come ready to strike a deal!
Add to your calendar now!

RSVP via call, text, Facebook, or Google!

Click Here to RSVP on Facebook!
Click Here to Add to Your Google Calendar!

What do you think about HB 747 and this development? Do you think the veto will hold?

On Monday, Florida's Governor Scott vetoed a deregulation bill (HB 747) for securities dealers and investment advisors. But Scott said it also increased mortgage regulation such that a parent who wanted to lend a son or daughter money to buy a home would need a state license to do so. The governor called that “overly burdensome.”

Your perfect investment property could be one tear-down away!

According to a new report from the National Association of Home Builders, nearly 10.2% of single-family homes started in 2016 qualify as tear-down starts, up from 7.7% in 2015. The NAHB says that while single-family starts have been relatively flat, (roughly 10% in 2016), increases in tear-down starts in 2016 reflects the continued recovery of the single-family housing market. A tear-down start is defined as a home built on a site where a previous structure or evidence of a previous structure was present before the new home was started. Overall they report that were 79k Single-family Tear-down Starts in 2016.

We have an equity interest in this property and are selling the contract.

http://www.FACSOLD.com/

VISIT OUR WEBSITE and click on WHOLESALE PROPERTIES to see ALL of our properties. Join our email list to receive our daily property list! REALTORS PLEASE DO NOT CALL TO LIST THIS PROPERTY. THANK YOU!

Nottingham Drive, Winter Park, FL 32792

INVESTMENT: $215,000

ARV: $285,000-299,000 +/-

Rehab: $30,000-35,000 +/-

3 Bedrooms 2 Bath

2,056 SqFt

Built: 1969

Construction: Block

HOA: $0/yr

Winter Park flip in need of cosmetic repair with huge potential upside! House is a 3/2 with over 2,000 SqFt of living space in one of Central Florida's most desirable zip codes! House needs updating throughout. Kitchen and baths will need to be replaced, as will flooring. The A/C needs a new compressor...current seller was quoted a price of $1,800 to fix. Needs interior paint and a few windows, as well as a new sliding glass door. The kitchen is a blank canvas...with the right design, you can really make it pop for a potential Winter Park buyer! There is some variance in the ARV, but there are several factors that point to great potential upside. We feel that $140/SqFt, or $285,000, is a very conservative number. Days on market in this neighborhood are very short. Additionally, there are some pendings that, if closed, could raise your price tag to at or above $300K! Values in this neighborhood have been increasing and you are getting in at a great price point. All signs point to a potential surplus of equity when you are ready of flip.

All properties require cash or a private/hard money loan in order to purchase. No conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $3,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract, clear and marketable title with a warranty deed. All closings are with a licensed title company with Insurable Title.

Buyer will be responsible for all closing costs unless otherwise indicated.

Foster Algier

Broker - Gold Key - G.R.I.

FLA Real Estate Services

We have an equity interest in this property and are selling the contract.

http://www.FACSOLD.com/

VISIT OUR WEBSITE and click on WHOLESALE PROPERTIES to see ALL of our properties. Join our email list to receive our daily property list! REALTORS PLEASE DO NOT CALL TO LIST THIS PROPERTY. THANK YOU!

Tamarind Circle, Kissimmee, FL 34747

INVESTMENT: $85,000

ARV: $100,000 +/-

Rent: $125/night +/-

Rehab: $5,000-10,000 +/-

2 Bedrooms 2 Bath

1,012 SqFt

Built: 1992

Construction: Block

HOA: $340/yr

Great short term rental opportunity right down the street from Disney, Orange Lake and Wyndom resorts. Multiple units on AirBnB up for rent at $125/night. During off season, you can rent the unit for up to 3 months for $900/mo. Either way you slice it, the potential ROI is insane in an area that keeps Orlando relevant and in business. To get this property rent ready, it will need light TLC such as carpet, paint, fixtures, etc. If adding granite or any upgrades potential is there to sell above the comps at $100K.

All properties require cash or a private/hard money loan in order to purchase. No conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $3,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract, clear and marketable title with a warranty deed. All closings are with a licensed title company with Insurable Title.

Buyer will be responsible for all closing costs unless otherwise indicated.

Foster Algier

Broker - Gold Key - G.R.I.

FLA Real Estate Services

We have an equity interest in this property and are selling the contract.

http://www.FACSOLD.com/

VISIT OUR WEBSITE and click on WHOLESALE PROPERTIES to see ALL of our properties. Join our email list to receive our daily property list! REALTORS PLEASE DO NOT CALL TO LIST THIS PROPERTY. THANK YOU!

W Genesee Street, Tampa, FL 33603

INVESTMENT: $125,000

ARV: $280,000 +/-

Rehab: $75,000 +/-

3 Bedrooms 2 Bath

1,450 SqFt

Built: 1927

Construction: Block

HOA: $0/yr

Great opportunity in Seminole Heights in a booming area. Comps are coming in all the way up to $240/SqFt. This property is a two-story, setup as a multifamily upstairs and downstairs on one power meter. A staircase has to be added to join upstairs and turn it back into a complete home. There is possible additional SqFt inside than what is listed and home can definitely become a 4/2 with the right rehab. Property will need a new roof, A/C, and total upgrade inside. Margins like these don't come every day!

All properties require cash or a private/hard money loan in order to purchase. No conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $3,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract, clear and marketable title with a warranty deed. All closings are with a licensed title company with Insurable Title.

Buyer will be responsible for all closing costs unless otherwise indicated.

Foster Algier

Broker - Gold Key - G.R.I.

FLA Real Estate Services

It's not news that RE Investors often compete with first-time home buyers for the same properties. Housing inventories are at the lowest level in 30 years, and the shortages are most pronounced in the low and middle price ranges. Investors comprised 33 percent of all single-family and condo sales in 2016, the highest percentage ever recorded by real estate data firm ATTOM Data Solutions.

In today's market plagued by dwindling supply and tight competition, how do you find & land the homes for worthy of your investment time and dollars?

Greg Hague, "The Real Estate Maverick," has been quite vocal this last few weeks about Zillow Instant Offer. Here are snippets of his recent email detailing his phone call with a Zillow exec. As a Real Estate Investor, be aware of the competition entering the market and learn what you can do now!
~ Foster

"Yesterday I had an hour-long call with one of Zillow’s top executives. He emailed me the night before and asked to talk...and scared the pants off me during the call. Naturally, he tried to convince me to stop our Stop Zillow crusade. We agreed to disagree.

During the call, I realized what Instant Offers is REALLY about. It's designed to capture home sellers before we do… and direct them Zillow's way. Every home seller who inquires about an Instant Offer receives a CMA from a Zillow "pay to play" agent.

Make no mistake, it became crystal clear to me in the call...Zillow is determined to gain total control of our customer flow, to capture and redirect every home buyer and seller in America away from us, and then distribute them to Realtors who pay (and play) Zillow’s way.

If we allow Zillow to gain control of our customers WE ARE TOAST.

Greg Hague, The Real Estate Maverick

P.S.- Some ask why I’m doing this. Fair question. My dad was a Realtor. This is personal. The thing I want most is for my dad (looking down) to be proud; and for my 34-year-old son to have a future in real estate… not beholden to Zillow."

We have an equity interest in this property and are selling the contract.

http://www.FACSOLD.com/

See website for more photos

VISIT OUR WEBSITE and click on WHOLESALE PROPERTIES to see ALL of our properties. Join our email list to receive our daily property list! REALTORS PLEASE DO NOT CALL TO LIST THIS PROPERTY. THANK YOU!

S De Leon Avenue, Titusville, FL 32780

INVESTMENT: $79,000

Rent: $1,060/mo +/-

Rental Rehab: Medium

4 Bedrooms 3 Bath

1,584 SqFt

Built: 1965

Construction: Block/Siding

HOA: $0/yr

Take a look at this duplex located just a mile or so from the Indian River. Property is already being rented on both side for $1,060/mo. You need to do some cosmetic updating whenever tenants turn over, but they are not requesting anything be done at this moment. The roof also shows some signs of wear and tear in a few spots that will need to be addressed. Property is occupied...so please call 407-668-4396 to schedule a showing.

All properties require cash or a private/hard money loan in order to purchase. No conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $3,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract, clear and marketable title with a warranty deed. All closings are with a licensed title company with Insurable Title.

Buyer will be responsible for all closing costs unless otherwise indicated.

Foster Algier

Broker - Gold Key - G.R.I.

FLA Real Estate Services