All Forum Posts by: Jacob Evans

Hey @Derek Tonn

Hit me up if you'd like to talk shop. I've been investing and wholesaling in Spokane since 07' and would love to help you find your next rental property.

Hey @Cody, lets connect sometime. I'm selling a lot of wholesale deals currently.

Hit me up if you'd like to talk shop. I've been investing in Spokane since 07'.

Hey @Tim Rogerson welcome to the area. 

Hit me up if you'd like to talk shop. I've been investing in Spokane since 07'.

~ Financial Freedom Made Easy ~

~~~ Contact our partner Tim Ray to set up a showing! ~~~

509-217-7823

[email protected]

$17,000 Flip Profit (estimate)

$400 Monthly Cash Flow (estimate)

$129,000 Purchase Price

$10,000 Flip Rehab (estimate)

$175,000 Resale Value (estimate)

Walkthrough Video

Previous Listings

Google Map

County Info

Rentometer

Zillow

Comps

Comps Search Radius:

Address: 318 W Longfellow Ave, Spokane, WA Purchase Price: $120,000 Rehab Costs, est: $5,000 (rental), $10,000 (flip)

After Repair Value, est: $170,000 - $180,000

Rent, est: $1,300 - $1,400 ($1,187 according to rentometer.com)

Cash Flow, est: $400 (at $1,350 rent, per month)

Closing Date: June 30th, 2018, or sooner.

Notes:

- Suggested flip rehab includes:

• Adding a bathroom to the basement
• Replacing carpet
• Repair roof
• Some interior paint
• Minor sheet rock repair
• 1 new window
• Minor trim repair

Property Stats:

Currently a 3 bed 1 bath with 1,450 total square feet and a detached 1 car garage in a great neighborhood! I comped for resale as a 4 bed, 2 bath.

Ideal exit strategy would be add a bathroom to the basement, hold onto it as a rental until the market peaks and then polish and sell for top dollar!

To secure this deal please complete all of your due diligence and deliver or wire $2,500, non-refundable, earnest deposit.

~ Happy Hunting!

--
- v/r -

Jacob Evans

CEO | Broker

(509) 413-6539

Spokane's Superior Solutions LLC

601 W Maxwell Ave Ste #3

Spokane, WA. 99201

www.SpokaneSS.com

Licensed Real Estate Services provided by

4407 N Division St, Suite 200

Spokane, WA 99207

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Triplex, major fixer, with great cash flow potential and equity in the heart of Spokane.

This property is currently boarded up, but will be open for showings this Thursday (May 17th) from 5:30 - 7pm. Feel free to stop by anytime within that 90 minute window to take a look.  

County Info

Comps - All 2-4 unit buildings, within 1/2 mile, going back 12 months.

Address: 520 W Sinto Ave, Spokane WA 99201 Purchase Price: $70,000 Rehab Costs, est: $60k - 80k

Resale Value, est: $195k - 210k+

Prop Tax, est: $200/mo

Insurance, est: $120/mo

Gross Rent, est: $2,200 ($700 x 3)

Cash Flow, est: $1,780 (minus any mortgage payments)

Instant Equity Potential: $45 - 80k

Property Stats:

Currently a 3 unit, 5 bed, 3 bath with around 2,100 sqft.

All of the units and common areas need major updating and there is a lot of junk in the property from previous tenants and squatters. The entire building is currently boarded up. You could fix and rent out long term, or the numbers may also work as a flip. Multiunit property is very hot with buyer's right now and could resell quickly for top dollar.
To secure this deal please complete all of your due diligence and deliver a check for $2,500, non-refundable deposit.

~ Happy Hunting!

--
- v/r -

Jacob Evans

CEO | Broker

(509) 413-6539

Spokane's Superior Solutions LLC

601 W Maxwell Ave Ste #3

Spokane, WA. 99201

www.SpokaneSS.com

Licensed Real Estate Services provided by

4407 N Division St, Suite 200

Spokane, WA 99207

---------------------------------------------------------

Hey Colby, we're running about 3 rehabs and wholesale properties in Spokane frequently. 

Hit me up if you'd like to connect.

Thx!

Contract AVAILABLE!
Assignment or partnership opportunity.

First deposit claims this deal.

Details on this duplex below.

 
~ Opportunity made easy ~

Call or text me for more details & viewing access. 509-413-6539

After securing 4% conventional financing this property should generate about $650 per month in cash flow from a total initial cash down payment of roughly $0k after an estimated appraisal of $180k with new leases in place at 1,600 per month in gross rents.

= % annual cash on cash return. Mortgage Calculator

Property:

Address: 1215 W Spofford Ave, Spokane WA 99205. ***Do not disturb tenants

Purchase Price: $145k Rehab Costs, est: $0 - 5k (Landlord says it's in "mint condition", but I haven't toured the inside of it yet. See notes & previous listing below.)

After Repair Value, est: $180k

Gross Rent, est: $1,600 (rentometer.com places rents around $797 per unit))

Cash Flow, est: $650 Google Map County Info

Rentometer Rent Estimate

Previous Listing

Comps

1st Year Cash On Cash Return, est: 100% (assuming out of pocket expenses of $0k in closing/down and $0k rehab after a refinance with a $180k appraisal (145k loan)

Closing Date: May 15th, 2018, or sooner.

Notes:

- Spokane County is currently experiencing vacancy rates of less than 1%.
- Roof was replaced in 2015.
- Furnace was replaced in 2010.
- Tenants know the landlord wants to sell.
- Landlords manage it themselves and stop in to confirm condition 4x or more per year and shampoo the carpets annually.

Property Stats:

1 unit up, 1 down, duplex. 2 large 2 bed, 1 bath units. 1,908 total sqft.

Projected Rental Info, est.:

2 bed: $725 (upstairs)

2 bed: $850 (downstairs)

Total: $1,600

Current Rent Info:

2 bed: $625 - month to month

2 bed: $625 - month to month

Total: $1,250

Permit Info:

Permitting info can be found here - by searching the parcel number: 35073.4105 It looks like there aren't any active permits against the property and you can verify the work that was done previously at the link above.

Suggested Exit Strategy:

These are the ideal "buy-n-die" properties. Legacy!

I wouldn't sell these off for nothin!

Rehab, refinance and collect cash-flow through retirement and then pass it along to loved ones to do the same.

*** To secure this deal please complete all of your due diligence and deliver or wire $2,500, non-refundable, earnest deposit.

P.S. Look for info about my new video blog next week, where I'll be introducing myself and discussing all things real estate investing.

If you'd like me to cover a specific topic please let me know.

~Happy Hunting!

--
- v/r -

Jacob Evans

CEO | Broker

(509) 413-6539

Spokane's Superior Solutions LLC

601 W Maxwell Ave Ste #3

Spokane, WA. 99201

www.SpokaneSS.com

Licensed Real Estate Services provided by

4407 N Division St, Suite 200

Spokane, WA 99207

---------------------------------------------------------

Confidentiality Notice: The information transmitted is intended only for the person or entity to which it is addressed and may contain confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient is prohibited. If you received this in error, please contact the sender and delete the material from all computers.

hit me up dude. I've been investing here since 07'. ~ Happy Hunting!

Sounds good.

Send me your email and I'll get you on the list so you can start peeking at some of our deals.

~ Happy Hunting!

Hey Thomas,

Thanks for reaching out. 

I'm a wholesaler in Spokane and we specialize in multi-fam properties.

Hit me up if interested in seeing some of our Spokane deals.

~ Happy Hunting!