All Forum Posts by: Jason Richardson
Jason Richardson has started 47 posts and replied 88 times.
Post: $25000 "ALL-IN" - Solid Southside Bungalow - 15.2% ROI

- Wholesaler
- Bremen, IN
- Posts 91
- Votes 11
REDUCED - New Price & ROI Below:
ALL-IN Price (Purchase & Rehab): $23,500 (down from $25,000)
ROI/Cash on Cash: 16.2% (up from 15.2%)
Please message in BP, email direct or text my phone if interested. Thanks!
Post: $21,000 - Steal Of A Deal! - ROI 22%

- Wholesaler
- Bremen, IN
- Posts 91
- Votes 11
SOLD! Thanks to all who looked at our ad!
Post: $21,000 - Steal Of A Deal! - ROI 22%

- Wholesaler
- Bremen, IN
- Posts 91
- Votes 11
NEEDS TO GO NOW! We are giving this property away for $12,000* !!! Please contact me TODAY!
(* Does not include cost of rehab. Initial all-in cost is $14,000. Call, text or reply to this message. If calling, please leave a voicemail and I'll call you right back.)
Post: $25000 "ALL-IN" - Solid Southside Bungalow - 15.2% ROI

- Wholesaler
- Bremen, IN
- Posts 91
- Votes 11
BUMP... This property is still available. Let me know if you have some interest.
Thanks much!
Post: $21,000 - Steal Of A Deal! - ROI 22%

- Wholesaler
- Bremen, IN
- Posts 91
- Votes 11
BUMP... We need to move this property now! Price negotiable. We will take the highest offer. Please contact me directly through PM here or email me direct. Thanks everyone!
Post: $35,000 - HOT OFF-MARKET FLIPPER'S SPECIAL! - 40% ROI Potential

- Wholesaler
- Bremen, IN
- Posts 91
- Votes 11
SOLD!! On 2/16/16. Thank you all who look at our property posts!
Post: $23,000 "ALL-IN" - Bungalow With Great Potential! - 16% ROI

- Wholesaler
- Bremen, IN
- Posts 91
- Votes 11
Pending Sale!
Post: $35,000 - HOT OFF-MARKET FLIPPER'S SPECIAL! - 40% ROI Potential

- Wholesaler
- Bremen, IN
- Posts 91
- Votes 11
We have a great off market investment in one of the hottest markets of our area!
This is a 3 Bed, 1 Bath, house in a fantastic neighborhood! It is near schools, parks, and shopping centers, making it a very sought after location. Whether you are looking to flip and sell, or buy and hold, we believe this property is ideal for any investor.
With this property's great location, and amenities such as nice sized closets, first floor laundry and a garage, makes this house very appealing to both buyers and renters!
This won’t be available for long, so don’t miss out!
3 Bed / 1 Bath / 848 SqFt / 4686 SqFt Lot / Det Garage / Built 1875
717 Liberty Drive, Mishawaka, IN 46545
B Class Neighborhood
______________________________________________________________________________
Here are the numbers as a flip:
Our Price - $35,000
Est. Rehab Cost - $10,000
ALL-IN Cost - $45,000
Price Per SqFt - $53.07
List Price - $69,900
Sales Cost - 15%
Net Sale Price - $59,415
Net Profit - $14,415
ROI - 32%
Note: If you put $7K in rehab, your numbers change as follows:
ALL-IN Cost - $42,000
Net Profit - $17,415
ROI - 41.5%
______________________________________________________________________________
Here are the numbers, as a cash-flow property:
Our Price - $35,000
Monthly Income - $800
Yearly Income (Includes 1mo Vacancy) - $8,800
Yearly Taxes - $1919.54
Yearly Insurance - $600
Yearly Management/Maintenance Fees - $1,760
Yearly NOI - $4,520.46
Estimated Rehab Cost - $4,000
All-In Cost - $39,000
ROI/Cash On Cash - 11.6%
Professional management and rehab services are available. Serious cash buyer inquiries only please. Email for more information.
Post: $21,000 - Steal Of A Deal! - ROI 22%

- Wholesaler
- Bremen, IN
- Posts 91
- Votes 11
BUMP (because apparently updates don't bump the ad back to the top like replies do...BP team, please fix? Thanks!) ... See price reduction in original post above. Thanks!
Post: $23,000 "ALL-IN" - Bungalow With Great Potential! - 16% ROI

- Wholesaler
- Bremen, IN
- Posts 91
- Votes 11
We have another Bungalow-styled house that has great potential. Located in the Unite neighborhood of South Bend, this property is close to schools, shopping and restaurants. Siding on property needs to be finished, but a good portion of it is complete. The inside looks worse than it really is. The kitchen has been stripped down to the lath, and is ready to have a brand new kitchen dropped in. The majority of the hard work has already been taken care of here. Bathroom needs some work as well, but will be fairly easy to finish. The remainder of the work needed is flooring, paint and lighting. Furnace is approximately 10 years old. Needs a water heater and some plumbing work. Roof is in excellent condition.
This deal won't last! Contact us now!
3 Bed / 1 Bath / 864 SqFt / 5280 SqFt Lot / Det. Garage / Built 1912
1209 E Indiana Ave, South Bend, IN 46613
C Class Neighborhood
Here are the numbers, as a cash-flow property:
Our Price - $15,000
Monthly Income - $625
Yearly Income (Includes 1mo Vacancy) - $6,875
Yearly Taxes - $1,215.26
Yearly Insurance - $600
Yearly Management/Maintenance Fees - $1,376
Yearly NOI - $3,684.74
Estimated Rehab Cost - $8,000
All-In Cost - $23,000
ROI/Cash On Cash - 16%
Professional management and rehab services are available. Serious cash buyer inquiries only please. Email for more information.
More photos available at: http://www.jjinvestmentscompany.com/#!1209eindianaave/kgugt