All Forum Posts by: Annette Coker

Hi Melania, Could you send me details of the land pls. Thanks

Encouraging.....Maybe we are not in a bubble then....

Welcome, this is a great place to be!

Hi Cheri, Where are they located?  I list a lot of higher end homes and its important when selling, to hire an agent that knows how to prep/stage/market the home for that specific area/price point. Im an investor but when listing , its important to take your investor cap off and put your retail hat on. Feel free to msg me. Would love to talk to you and Im sorry some loser no showed.

I have owned this place for about 10 years. Been a great rental. Have a good tenant in place who has been there about 4 years - wants to stay.

Just passed Section 8 inspection so good to go for a year. 

Upgrades to home include new flooring, roof, main water line replaced, 

Home has been well maintained. 

Section 8 pays $950 - tenant pays $145. 

I am a realtor so no inflated ARVS .  Comps are from same elementary school so very close by, approx same sq ft, and within last 6 months. 

ARVS

The cheaper comps are not newly renovated. If I were renovating this home, it would be done at a higher standard of all of these comps and likely would sell for $150k at least. Perhaps $160k

 I would spend about $20k on granite, new floors, bath tub, landscaping.

If I do list on FMLS it will be listed as is at $135k. 

I am listing this outside of FMLS to investors only so as not to disturb tenant and make this as simple as possible. No sign/No lockbox. No commissions/As is - no repairs. 

Access granted only after contract has been accepted. 

Can share contractor who knows home well and has been working on it since I purchased it.

DO NOT TRY TO ACCESS HOME DIRECTLY WITH TENANT. I WILL NOT SELL TO YOU IF YOU DO THAT!

Email me at [email protected] for pics and more details. 

I agree with you . Less competition for bigger projects. 

Rashad, I sympathize. Im a realtor /investor too. I have about 10 investors looking for a great deal. 

Who isn't? Where are they? Word of mouth for the most part. 

99% of wholesalers don't have a good deal but some idiot will buy it.

MLS - if there is a good deal, there will be several bids and it will get bid up above what its worth.

Auction sites are not much better. Too many dumbo investors who will pay too much.

 I have occasional findings - most of them are word of mouth in my neighborhood

I don't care for them but I would offer it to the buyer if they want one. They cost about $400 so if it helps make the deal work, do it. But I wouldn't offer it upfront . When you list in mls you have 3 options, yes, no , negotiable. I usually cross it as a negotiable item. Old Fourth Ward. Love it!! Good for you

Most investor friendly realtors who own rentals  have a list of contractors/vendors /property managers at our fingertips . 

Welcome Kim!

Hi Steve, 

I may have some time. PM me what your plans are .

I'm an investor friendly agent and I am familiar with all of the metropolitan area.