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All Forum Posts by: Jason Hopkins

Jason Hopkins has started 89 posts and replied 292 times.

Post: Off Market Deal In Memphis, TN. (Currently Rented For $775)

Jason HopkinsPosted
  • Investor
  • Memphis, TN
  • Posts 549
  • Votes 286

1026 Cindy Ln. Memphis, TN. 38127

3 bedrooms 2 bath

1,833 sq feet

Built in1951

Yearly Taxes are $1,011

Currently rented on a year to year lease for $775 per month

Central Heat

Repairs-$1,500 (trim trees, rack up leaves, fresh paint of exterior)

ARV-$60,000

Cash Asking Price-$38,000

Click link for pictures

https://drive.google.com/drive/folders/0B32N7BR1o7--M0FDR3c2NTFjQXc?usp=sharing

Post: Off Market Deal In Memphis, TN. (Currently Rented For $700)

Jason HopkinsPosted
  • Investor
  • Memphis, TN
  • Posts 549
  • Votes 286

3025 Benjestown Rd. Memphis, TN. 38127

3 bedrooms 1 bath brick SFR

1,289 sq feet

Built in1950

Yearly Taxes are $706

Currently rented on a year to year lease for $700 per month

Central Heat

Repairs-$1,500 (repair wood trim around house and windows, paint exterior trim)

ARV-$40,000

Cash Asking Price-$27,000

Click link for pictures

https://drive.google.com/drive/folders/0B32N7BR1o7--M093bGh6OW1jMkk?usp=sharing

Post: Are townhomes a good investment in Memphis?

Jason HopkinsPosted
  • Investor
  • Memphis, TN
  • Posts 549
  • Votes 286

@Charicea Lucille Kirby They are not always a good investment because the HOA fees cut into your monthly cash flow. Find out what the HOA fees are and be sure to include that into your analysis of the deal. Remember numbers tell the true story as to what is considered a good deal.

Post: Well kept 2/1 in Detroit - 15k

Jason HopkinsPosted
  • Investor
  • Memphis, TN
  • Posts 549
  • Votes 286

Post: Off Market Deals In Memphis (2 Rented/2 Vacant)

Jason HopkinsPosted
  • Investor
  • Memphis, TN
  • Posts 549
  • Votes 286

Hello,

Please see details below, some of these off market deals are rented and some are vacant. Please let me know if you are interested.

Thanks,

3025 Benjestown Rd. Memphis, TN. 38127

3 bedrooms 1 bath brick SFR

1,289 sq feet

Built in1950

Yearly Taxes are $706

Currently rented on a year to year lease for $700 per month

Central Heat

Repairs-$1,500 (repair wood trim around house and windows, paint exterior trim)

ARV-$40,000

Cash Asking Price-$27,000

Click link for pictures

https://drive.google.com/drive/folders/0B32N7BR1o7--M093bGh6OW1jMkk?usp=sharing

1026 Cindy Ln. Memphis, TN. 38127

3 bedrooms 2 bath

1,833 sq feet

Built in1951

Yearly Taxes are $1,011

Currently rented on a year to year lease for $775 per month

Central Heat

Repairs-$1,500 (trim trees, rack up leaves, fresh paint of exterior)

ARV-$60,000

Cash Asking Price-$38,000

Click link for pictures

https://drive.google.com/drive/folders/0B32N7BR1o7--M0FDR3c2NTFjQXc?usp=sharing

4743 Tweflth Rd. Memphis, TN. 38109

Vacant

3 bedrooms 1 bath brick SFR

1,074 sq ft

Built in 1951

Yearly taxes $808.08

Estimated repairs $13,000. HVAC, hot water tank, flooring, drywall repair, power wash outside of property, repair wood trim on outside of property, paint interior and exterior, clean yard, final clean, replace kitchen counter tops, change locks, hardware, inspect plumbing, gas, electrical and bring up to code, blinds, new sink, tub, vanity and toilet in bathroom,)

Cash asking price $6,600 (includes closing cost)

ARV $35,000

Market Rent  $650

Click link for photos

https://drive.google.com/drive/folders/0B32N7BR1o7...

2717 Fillmore Memphis, TN. 38114

Vacant

3 bedrooms 1 bath

1,276 sq ft

Built in 1941

Yearly taxes $701

Estimated repairs $11,000. HVAC, flooring, drywall repair, window repair power wash outside of property, repair wood trim on outside of property, paint interior and exterior, clean yard, final clean, kitchen counter tops, change locks, hardware, inspect plumbing, gas, electrical and bring up to code, blinds, repair leaks in roof)

Cash asking price $10,000

Market Rent $675

Click link for photos

https://drive.google.com/drive/folders/0B32N7BR1o7--LXcwd3k3RVdpbU0?usp=sharing

Post: Looking for a realtor in Memphis, TN

Jason HopkinsPosted
  • Investor
  • Memphis, TN
  • Posts 549
  • Votes 286

Hi, @Brandon S.

Send me a PM with the address and I can give you a few options.

Regards,

Post: HELLO MEMPHIS!!! and everyone else of course!

Jason HopkinsPosted
  • Investor
  • Memphis, TN
  • Posts 549
  • Votes 286

@Shiloh Guin hello and congrats on the recent purchase.

Post: Nice Buy and Hold Property In Memphis, TN $14,500

Jason HopkinsPosted
  • Investor
  • Memphis, TN
  • Posts 549
  • Votes 286

All,


Great opportunity to add this property to your rental portfolio. Once repairs are made this property will rent for $650 per month. No wholesalers please.

Asking Price-$14,500

ARV-$40,000

Yearly taxes-$727

Market Rent-$650

Estimated Repairs-$11,000

Click link to see photos

https://drive.google.com/drive/folders/0B32N7BR1o7....

Post: Off Market Deal In Memphis, TN. $6,600 (includes closing cost)

Jason HopkinsPosted
  • Investor
  • Memphis, TN
  • Posts 549
  • Votes 286

3 bedrooms 1 bath brick


1,074 sq ft

Built in 1951

Yearly taxes $808.08

Estimated repairs $12,000. HVAC, hot water tank, flooring, drywall repair, power wash outside of property, repair wood trim on outside of property, paint interior and exterior, clean yard, final clean, replace kitchen counter tops, change locks, hardware, inspect plumbing, gas, electrical and bring up to code, blinds, new sink, tub, vanity and toilet in bathroom,)

Cash asking price $6,600 (includes closing cost)

ARV $40,000

Rent Rate For Area $650

Click both links for detailed pictures

https://drive.google.com/drive/folders/0B32N7BR1o7....

*Disclaimer and Terms*

This property is a off market wholesale deal that can be bought with cash only. I have the property under contract to purchase for cash and selling my position as the current buyer via a assignment agreement.