All Forum Posts by: Kon Zel

I'm revamping my strategy and am still looking for someone local to memphis that can send me quality properties.  PM me if you're in Memphis.

I haven't dealt w/ Crestcore for management, but their sales team is full of crap.  I've lost a few $$ last year because the houses I tried to get under contract were not anywhere near how they were described.  Once I got an inspector in there, a lot of issues came up.

Not to mention, seems like every single of their properties is priced at exactly the 1% rule - meaning negative cash flow if you factor in vacancy, taxes, and repairs. 

Was that both heating and A/C?

@Jessica Gettle  PM me.  I'm open to multiple deals.

Move right in! Large Custom Colonial located in desirable Far Hills NJ on 1.83 acres! 7 Bedrooms, 3 Full Baths, 1 half bath. Big driveway, 3 car garage. Estimated to be over 4000 sq ft. Good condition, just needs deferred maintenance i.e. roof, driveway, landscaping, etc. Could move right in or RENOVATE FOR GREAT FLIP POTENTIAL. Septic sewer (25 years old), public water, gas heat. Most work is required on exterior of property. Kitchens and baths are updated. Large deck, partially finished basement. Stone fireplace. Central A/C.

Property is currently occupied by owner, in process of being foreclosed. In final negotiations with bank on short sale.

Well-kept condition, livable, everything inside is functional and in good order; Could use minor cosmetic rehab for a flip $50-$80K to do following:

- Landscaping for 1.8 acres (current owner did not have cash to upkeep, some fallen trees, etc.)

- Black top on driveway (currently gravel)

- Septic is working, but 25 years old - will likely need to be fixed/swapped

- New paint

Asking: 599K
work needed 80 to 100K
ARV 1,000 000
estimated profit: 300K TEXT/EMAIL OR CALL FOR SHOWING INSTRUCTIONS

could be purchased with Cash Hard money or combination of cash and regular loan

Please send me info as well.

 Email sent.

Still looking....

Hi Ryan, yes it still is.  Let me know if you're interested.  

 We had a system like this in college.  However, they were all commercial machines.  What's interesting about the system the OP posted is that it works with any machine.