All Forum Posts by: Jeff Rappaport

@Caleb Rigby, so I have  a couple of questions.  First, are you buying this property from the bank?  I am not really familiar with the Hooper market.  What is the average days on the market for this price range of a house?  The last question is I probably would not pursue the deal without seeing the inside of the property first.  On that size of a house you may have to spend $60-$80K in rehab to put it in excellent condition and be worth $370k+.  If that is the case your numbers don't work.  In my opinion, if you have a really short time frame and can't get all the info you need I would want a much bigger spread on the property.  If it were up to me I would pass on the deal or get more time so you can complete your due diligence. 

Fix and flip opportunity in Boise!  Just reduced $20K!

Short term owner finance an option!

ARV: $260-$275K

Repairs $35-40K

Has newer roof and all major components of the house in great shape.  Just needs cosmetics.

Built in 1970

Has a built in sauna

Hot tub room

Taxes - $2330

Owner finance a possibility - price would be $175,000 with down payment of $34,000.  Payments would be about $1,150 per month interest only.  The term would be until May 15th 2017.  

Need a fast sale!  Only serious inquiries that can move quickly!

Video walk through available on request.

Contact Jeff at 801-209-2945 for more information.  

@Douglas Larson,

It was great to see you!  The group was small last night but I found it to be great as well!  Many new faces and very interesting people.  I made some great contacts as well!  Hope to see you and everyone else in the future!  Thanks!

Don't forget about tonight! It could be the most important get together you had all year!

Don't miss out last meeting of the year! This group has been amazing! I have found buyers, leads, joint venture partners and more just from networking with other investors! Start 2017 out right!

Are you looking to get started in real estate? Maybe you are trying to build your existing business. What better way to get to where you want to be than developing relationships with the people that are already there! Do you need mentoring? Cash buyers? More leads? Legal advice? Hard or private money? Someone to bounce ideas off of? Come join us this week for our Utah Bigger Pockets Investor Meetup where you may find just what you are looking for. This is the premiere networking event! Nothing presented and nothing sold. You may just meet someone that can help you take your business to the next level!

Place - The Huddle (2400 E. Ft Union Blvd) Cottonwood Heights

Time: 6:30 pm

When: Thursday, December 1st

Cost: Free

Real estate investor of all experience welcome!

Looking for a good fix and flip?  Check this property out!

We are in possession of a purchase and sale agreement to buy this property.  The purchase and sale agreement is assignable which will allow you to buy the property.  

Purchase price $188,000

ARV: $260-$275K

2 car garage

Property has a sauna and hot tub room

Taxes:  $2,330 a year

Repair cost - $30K

Owner financing - $33,000 down payment

$23,000 down at closing and $10,000 more down at the time seller vacates the property on December 31st.  Total down payment of $33,000

Monthly payments of $1,148 interest only (payment of the underlying loan)

Term - Till May 15th 2017

Balloon payment due at that time for the balance of the loan.  

Video walk through - Highlight link and right click and open hyperlink.

https://youtu.be/uP-MMbbB_lo

Five thousand dollar earnest money deposit to secure this property.  

For more information contact Jeff at 801-209-2945

I am looking for a Title Company that will do Contract for Deed in Idaho. More specifically, a Contract for Deed where the underlying loan may be FHA or VA. I have closed a significant amount of deals all throughout Idaho and can bring a lot of business to the Title Company that can close these type of deals. I have an attorney that will do all of the paper work. It has already been approved for Idaho law. I have a long term escrow service that can hold the deed and collect payments or I can use a local company. I just need a Title Company that will insure the transaction. Does anyone have a Title Company that will insure a wrap? Any suggestions would be much appreciated!

Don't miss out last meeting of the year! This group has been amazing! I have found buyers, leads, joint venture partners and more just from networking with other investors! Start 2017 out right!

Are you looking to get started in real estate? Maybe you are trying to build your existing business. What better way to get to where you want to be than developing relationships with the people that are already there! Do you need mentoring? Cash buyers? More leads? Legal advice? Hard or private money? Someone to bounce ideas off of? Come join us this week for our Utah Bigger Pockets Investor Meetup where you may find just what you are looking for. This is the premiere networking event! Nothing presented and nothing sold. You may just meet someone that can help you take your business to the next level!

Place - The Huddle (2400 E. Ft Union Blvd) Cottonwood Heights

Time: 6:30 pm

When: Thursday, December 1st

Cost: Free

Real estate investor of all experience welcome!

@Douglas Larson, yes we did have a pretty big turnout!  Unfortunately, Andy had a death in his family the day before and was unable to make it.  I am hopeful we will be able to reschedule in the future.  

Wanted to let you know about an incredible opportunity this Tuesday, November 22nd. The Utah REIA is conducting an interview with Andy McFarland! If you don't know about Andy he is probably the biggest wholesaler in the state of Utah. He works in 3 different states, has a number of employees and did over 160 deals in 2015. He is the real deal! Here is the best part. He has agreed to let me interview him. I will ask him all of the pertinent questions a beginner to advanced investor woud want to know. These opportunities don't come along often! He has his own Podcast and does coaching with Justin Williams nationally. If I remember right his coaching program is $25K. Would you like to know how he got started? What marketing is working best for him? How he set up his business? I promise there will be a lot more! I know it is Thanksgiving week but you will kick yourself if you miss this!

When: Tuesday, November 22nd
Where: Utah Apartment Association - 448 E. Winchester St (6400 S.) Suite 460
Time: 6:30 pm
Cost: Free for your first visit or for members of the REIA. You can join for the whole year or pay $15 at the door. Get there early so you can get a good seat! We expect it to be crowded!

Tonight is the night!  Don't miss out on this opportunity!

Are you looking to break into real estate? Need to make some extra money? Interested in taking your business to the next level? Join us for the Wholesale Meetup this Thursday in Draper. We will be covering how to consistently do one deal a month and make an extra $5K-$15K. We will be going over all the steps to make this happen (there are a lot more than you think)! The goal is to have you ready to go before the end of 2016 so you can make 2017 the best year yet! This is Part 2 of the series! Part 1 was awesome!
When: Thursday, November 10th
Where: Thai Siam (12147 S. Factory Outlet Dr. Draper, UT)
Time: 7:00 pm
Cost: Free (except your dinner)
Investors of all experience level welcome!