All Forum Posts by: Jack Gibson
Jack Gibson has started 33 posts and replied 89 times.
Post: Stable B Class SFH w/ extra 1/2 bath and 2 car garage
- Investor
- Saint Joseph, MI
- Posts 93
- Votes 50
This turnkey SFH in Indianapolis is sure to rent quickly! Once rented, the stability in this neighborhood will be hard to beat. Stable house; stable street; stable neighborhood. And, it comes with a 2 CAR GARAGE!!
https://highreturnrealestate.com/turn-key-rental-properties-investment/
Post: Stable SFH with LOW expenses
- Investor
- Saint Joseph, MI
- Posts 93
- Votes 50
View this or any of our other turnkey, cash only properties here: https://highreturnrealestate.com/turn-key-rental-properties-investment/
Post: High Performing Duplex in Pretty Area of Indy
- Investor
- Saint Joseph, MI
- Posts 93
- Votes 50
Own this or any of our other turn-key properties in Indy! Price listed is cash only.
See more here: https://highreturnrealestate.com/turn-key-rental-properties-investment/
Post: Cute and performing SF bungalow!
- Investor
- Saint Joseph, MI
- Posts 93
- Votes 50
Add this, or any of our other turn-key properties to your portfolio today! *Cash only
View more here:
Post: Beautiful Turn-key SFH with Great ROI!
- Investor
- Saint Joseph, MI
- Posts 93
- Votes 50
Full details and additional properties can be found here: https://highreturnrealestate.com/turn-key-rental-properties-investment/
Post: Indianapolis NEW Construction 3/2 for 10 CAP!
- Investor
- Saint Joseph, MI
- Posts 93
- Votes 50
@Anthony Pimentel PM me or email me and I'll send you the addresses
Post: Indianapolis NEW Construction 3/2 for 10 CAP!
- Investor
- Saint Joseph, MI
- Posts 93
- Votes 50
yes @Leo B. they are ground up all new stick built construction. Send me a PM and I'll get you some addresses, just have to look up what's still available
Post: Indianapolis NEW Construction 3/2 for 10 CAP!
- Investor
- Saint Joseph, MI
- Posts 93
- Votes 50
We are VERY excited for our NEW construction project, we are breaking ground on multiple lots for 3 bed, 2 FULL bath single family homes. Most rentals in Indianapolis are 1 bath, while 2 full bath homes have proven to have the highest demand and least tenant turnover. These will get a guaranteed 2 year rental contract, no taxes for 2 years until they get assessed, and come with a 2 year Home Warranty which covers all major repairs. Check out the floor plans & the cashflow sheet - the pics in the dropbox are very similar to what the finished product will look like. Estimated completion time is 5-7 weeks. Not our highest ROI producing offer, but definitely the most stable passive cash flow asset we provide.
Post: Indianapolis Remodeled duplex with 2 new leases and 15 CAP
- Investor
- Saint Joseph, MI
- Posts 93
- Votes 50
Newly rehabbed duplex, with 2 brand new tenants. NEW Mechanicals on both sides, both water heaters and furnaces and all new duct work. Vacancy expectations are very low, simple rent signs out front generated 30 calls in 5 days. Roof is in very good shape, no replacement expected for 10 years +. Professional PM in place with over 800 properties under management. Take a look at the Before and After pics!
https://www.dropbox.com/sh/xuphmrm6qo5tkgy/AACf04p...
Purchase: $60,000
Rent: $1100 mo. or $13,200
PM (10%): 1320
Insurance: $800
Taxes: 700
Repairs/Maintenance: 0 1st year, Home Warranty covers all
Vacancy adjustment (10%): 1320
Total Expenses: $4,140
Net Income: $9060 or 15.1%
Post: Need advice on how to sell mortgage notes
- Investor
- Saint Joseph, MI
- Posts 93
- Votes 50
@Michael P. that is a GREAT idea. thank you!! Any best strategy to approach a bank - is that something that most banks would do?