All Forum Posts by: Joseph Ruiz

actually is more like 315-350 based on comps that have sold w in the past year and this is deal set up for potential investors.  

Viewing today at 4pm 🔥VegasCondo $221k w 30k Rehab 🤑ARV+$315k🔥LV NV Condo $221k w a 35k budget for Reno.

💨💋🛠️LipStickReno Assignable contract @221k w closing cost

21 days or less to close

5k non-refundable deposit w in 24 hours

Require POF and reference of last few deals purchased Quick Easy and simple

6250 #157 W. Flamingo Rd., Las Vegas Vegas, NV 89103

1424 square feet built,1986 condominium

Tile roof Two stories 2bd 2bth HOA fees $195Garage 220 sqft APN 163–1 4–8 14–110

HOA 195 Monthly Numbers broken down Calculator:Purchase Price:$221,000 Purchase Closing Costs

Rehab Costs ($25 psf)$35,625

Rehab demo$2,000

Interest at 11.5% @ 5 months holding$11,764

Appliances$1,700

Construction Manager$1,500

Insurance$1,000

Utilities$500

Landscaping$0

Staging$0

Treasury Fee $350

Selling Costs @ 4.5%$15,075

Total Costs $294,514 After

Rehab Sales Price$335,000

Profit $40,486

ROI %10-13.7%

DM OR TEXT 725 772 9847

Here’s your updated marketing blast for the property at 2565 Terrace Trl, Decatur, GA 30035, reflecting the new price of $176,000 and updated ARV range of $215K–$225K. I’ve maintained the professional tone and layout structure while making it easier to read and digest for investor buyers:

📍 2565 Terrace Trl, Decatur, GA 30035

💰 Now Asking: $176,000 (Assignment Contract)

📅 Close in 30 days or less

💸 Investment Highlights:

• 3 Beds | 2.5 Baths
  
  
  
• 1,865 SqFt Living Space
  
  
  
• 0.4 Acre Lot – Private & Spacious
  
  
  
• Tenant in Place @ $1,700/mo through 11/30/2025
  
  
  
• Rent Range: $1,500–$2,200/month
  
  
  
• Cap Rate: ~7.4% at current asking
  
  
  
• ARV: $215,000 – $225,000
  
  
  
• Condition: Good – had had cosmetic updates from 2021-2023
• 35K to include HAVC, ROOF, Windows, Water heater

Click the link for more Pics and Videos and more details on this property

potential 

Great Long term Hold and an Amazing Area

Property Details
Address: 483 Indigo Springs St, Henderson, NV 89014
Year Built: 1999
Square Footage: 2,025
Bedroom Count: 3
Bathroom Count: 2
Garage: 2G
Pool: No Pool
Solar: No

HOA: 280

Acquisition Details
Estimated Retail Value: $607,000
currently $489k 

Lease Details
Lease Term: 24 months
Tenant Monthly Payment: $1,750

JD Ruiz 

[email protected]

725 772 9847

Hay Kenneth, 

Thank you for your service and wanted to introduce my self. My name is Joseph and I also am a veteran and investor. I active in the Las Vegas valley and I would like to connect.  

tuse and thur afternoons work great. 

Zoom or google meets works send me your info 

Hay Jude,  

Thanks for the response but that discrepancy in relation to the comp approach also has to do with rents being raised recently (last month) and the apprised value was from May of this year so its been six months. Re appraised the property again ?? 

Hello bigger pocket family. I am needing some advice and a good rule of thumb for Appraised values. On a duplex rental property. Comp approach vs Income approach. How close in relation are these numbers? I have a discrepancy of a $100k on a appraisal. Happy Halloween and thanks in advance.