All Forum Posts by: Immanuel Price

$20k at close and finance $25k at $380.00 a month or purchase outright for 45k. ARV $85k

$20k Rehab (in one side)

Class B neighborhood

Strong Rental Market

CENTRAL! Walking distance to Mishawaka River walk, Shopping, Bars, Restaurants, Schools, Parks and Recreation.

Johnson Street

South Bend, IN 46628

Another BRRR opportunity

Buy - 16500

Rehab - $1500

Rent - Currently with Tenant of 2+ years

Refinance- Complete return on investment

Repeat!

Tenant of 2 plus years that is happy to stay. Mid 30’s high school teacher. House is 2 bedrooms, 1 bath, full unfinished basement, enclosed front porch, newer mechanical's (furnace/water heater). Has been re-plumbed recently with Pex plumbing. Nice privacy fenced in back yard. One stall detached garage.

Rent - $500 (market rent $550) - $6000/year

Management - $840

Taxes - $800

Insurance - $600

Maintenance - $500

Work needed - Roof and soffit repair exterior, plaster repair interior - $1500

$18,000 all in

$3,260 NOI

18.11% ROI

@Rick P. Where have you found the most success? I'm a wholesaler out of South Bend and my experience has been great here for buy and holds. @Paul Stout If you ever happen to make your way towards the South Bend Notre Dame area, let me know. Id love to be of any help whether its information based, directly, or with referrals.

Perfect BRRRR property Available in a highly desirable owner occupied neighborhood.

Appraised Value: 55-60k

Buy - 35k

Rehab - Turn Key, NONE needed

Rent - Currently Tenanted with a likely eventual retail buyer for the house. Rent is also currently well below market rates for the neighborhood.

Refinance - Your 70% Cash out is at or above your all in price

Located in South Bend - Mishawaka Indiana

Seeking advice! I currently have a fire damaged property under contract and am having trouble moving it. Its in South Bend IN near Notre Dame. Contracted for a great price, and its just not gaining any traction. Does anyone have some advice as to where i can go to possibly find investors that take advantage of these opportunities??

Appreciate any words of wisdom on this. Thanks in advance.

Write your marketplace ad

@Rohit Parchuri and @Frank Sanchez This house went over night! ill send you a similar deal. Almost identical house.

Available immediately! We have a true turnkey property in excellent condition! No work needed! Hardwood floors, long term tenants, and low price make this 3 bed 1 bath home the deal of a lifetime! Truly, this is a steal! The house is located in an area of South Bend that has recently been upgraded with new streets, curbs, and sidewalks. Diamond St was one of the streets targeted by the mayor's "One thousand houses in a thousand days" project which has increased the demand for this area!

Sales Price- $18,995

Rent - $550/month - $6600/year

Taxes - $1006/year

Yearly Insurance: $600

NOI - $4,994 = 26.3% ROI

@Candise Mula Welcome to BP! I like your spirit! You've come to the right place as this is like The University of all things Real Estate. You'll find new motivation through a world of colleagues, with a wealth of knowlegde all ready and willing to help you meet your goals.

Hey Adrien

Thanks for reaching out. I'm familiar with Walkerton. Shoot me some info on the property to my email and ill see what i can do. 

Thanks

Looking for Local and Out of state investors for a inventory of high spread properties in the Northern Indiana Market. Packages of single and multi family homes. Turn Key rentals, rehab/flips. All properties are seeing Increasing interest due to and Influx of money to the area, and the appeal of The University of Notre Dame. My inventory is growing fast and in need of savvy investors to buy in. 

The process runs quickly and seamless as we have both a property management company and rehab team. Out of state investors enjoy this team of services.

PM me for more info, or visit my profile for email and phone number information. Looking forward to working with you all!