All Forum Posts by: Jason Hopkins

@Phil Ting

Hello,

Please let me know if you are interested in this deal.

Thanks

4743 Twelfth Dr. Memphis, TN. 38109

3 bedrooms 1 bath brick

1,074 sq ft

Built in 1951

Yearly taxes $808.08

Estimated repairs $10,500. 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 $5,200

ARV $40,000

Rent Rate For Area $650-$700

Click both links for detailed pictures

https://www.youtube.com/watch?v=7CSosEsNpUQ

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.

All,

Great opportunity to add this property to your rental portfolio. Once repairs are made this property will rent for $650 per month.

Asking Price-$14,500

ARV-$40,000

Yearly taxes-$727

Market Rent-$650

Click link to see photos

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

Start earning cash flow from day one. 100% occupied 9 bedroom rooming house. Great for seasoned or new investors. Please do not disturb tenants, contact listing agent for further details.

283 N Bellevue Blvd. Memphis, TN. 38105

9 furnished bedrooms

2 full bathrooms and 2 half bathrooms

100% occupied

Cable TV and WIFI

Built in 1912

4244 sq ft

Lot Square Feet 8,973

Yearly taxes $5731.15

Monthly gross $4,180

Roof is 1 yrs old

HVAC is in place

Renovated in 2016

Jason Hopkins

Affiliate Broker

4 Success Realty

5501 Winchester Rd #6

Memphis, TN. 38115

@Peter Torres  If you are interested in Memphis I would suggest you reach out and speak with agents and investors that actually live and own rental properties in Memphis.  They can give you better insight because they actually live and invest in Memphis.  Memphis is great for cash flow but not so much appreciation.  Send me a note if you ever have any additional questions.  Happy hunting.

@William Butler  I'm a local agent,  and I also own rental properties in Memphis so you can say I'm invested in the city.  I would be happy to assist you.  

All,

Great opportunity to add this property to your rental portfolio.  Once repairs are made this property will rent for $650 per month.

Asking Price-$14,500

ARV-$40,000

Yearly taxes-$727

Market Rent-$650

Click link to see photos

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

@Andrew Fox Jr  Good looking deal you have here.

@Douglas Skipworth spoken like a true Memphis investor, I also bought another rental in June and just finished up the rehab. I looked at my final numbers last night and I will get 24.6% ROI.

Hello,

Please let me know if you are interested in this deal.

Thanks

2122 Pamela Dr. Memphis, TN. 38127

Property has clean title but was sold in 2014 via a tax sale.

3 bedrooms 1 bath brick SFR

950 sq ft

Built in 1960

Yearly taxes $497.28

Estimated repairs $18,000-$20,000. New roof, HVAC, hot water tank, flooring, drywall, power wash outside of property, repair wood trim on outside of property, paint interior and exterior, doors, clean yard, windows, final clean,install kitchen cabinets, change locks, installation, hardware, inspect plumbing, gas, electrical and bring up to code, blinds, new sink, tub, vanity and toilet in bathroom, security doors) *full rehab

Cash asking price $6,000

ARV $45,000

Rent Rate For Area $650

Click both links for detailed pictures

https://www.youtube.com/watch?v=fxTH00n6dxM&list=

https://drive.google.com/drive/folders/0B32N7BR1o7--R25DdzdGNV84WTQ?usp=sharing

*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.