All Forum Posts by: Alex Harris

How are you getting leads? just wondering

I have 1 property under contract in Mobile, AL and just got another lead and am expecting an offer to be accepted this Friday. I'm looking for a local wholesaler, investor, or Realtor who can check out the properties as I haven't physically seen them. If your a wholesaler then we can do a JV deal. If your investing, then you can get first opportunity to purchase these properties.

This first property address is 360 Clay St.  Mobile, AL

2 bed, 1 bath

Second property address I will release soon.

4 bed, 2 bath 

Message me and I will be able to provide the second address on Friday.

Do you buy in South Florida?

Hi BP,

I got a lead the other day in New Braunfels, Texas and was wondering if anyone was active in that local market.  Its between San Antonio and Austin (closer to San Antonio) and the seller is motivated (or atleast she seems to be).  I'm having a little difficulty finding comps/running numbers so I MIGHT end up throwing the lead to somebody local and getting a birddog fee, however I'm primarily a wholesaler so not exactly sure just yet.  Please message me if interested for details.

Great info Brian. Thanks. Ill be talking with her today leaning forward to the lease option assignment.

Hi BP,

I'm primarily a wholesaler and have a possible deal but am unsure of which option would be best for the situation. I'll describe it here. I got a lead in Chattanooga, TN the other day and made a cash offer. ARV is around $150k, I offered $90k to which she declined. She then stated she owed $120k on the mortgage and would agree to let me take over the mortgage for credit purposes and she would relocate. I stated I would be interested and will be getting authorization to speak with bank over next day or so. She is willing to pay another month's mortgage while we get everything setup with the transaction and would need 30 days to move anyways. Her mortgage is right at $1,000 per month (including taxes, insurance, etc) and the comp. rentals are going for $1000-$1100 per month.

My question is what would be the best thing to do with this property? Assign the note, lease option, or...?

I don't mind doing JV deals so if you are active in the Chattanooga, TN area, please message me. Thanks!

PICTURES INCLUDED HERE - http://postlets.com/s/1805-snow-meadow-ln-baltimore-md-21209/13704741

1805 Snow Meadow Lane Unit # 301 Baltimore, Maryland 21209

1 Bed 1 Bath OFF MARKET Wholesale Turnkey Property in Baltimore, Maryland

1 Bed 1 Bath 756 Sq. Ft.

Asking $46k

Repairs - Under $5k (Minimal)

*DO NOT STOP BY THE PROPERTY AS A TENANT CURRENTLY LIVES THERE

This condo is perfect turn-key deal OR flip. Seller originally inherited the property then rented it but needs to consolidate debt. The property only needs some fresh paint and minor cosmetic repairs.

The cheapest 1 bed 1 bath comp. in the area that has recently sold was $75k. This is the smallest property in the area being a 1 bedroom home and 95% of all other properties in the area are 2+ with very high prices in relation to this deal. If your looking for a great investment with little to no repairs, this is the one.

Current lease is up in August. Excellent tenant paying $850 per month (Seller setup a renter quick and could be asking more). HOA fees are $210 per month. The tenant always pays on time and keeps the property in good condition. Tenant is interested in renewing the lease if the opportunity is available. Great Cash flow opportunity.

$1000 Non-refundable Deposit

Cash Buyers or Private Funding

As-Is, Where Is

Call/text Questions or to setup showings: Alex @ 804-536-9128 /[email protected]

Getting a couple leads in Little Rock, AR and wanted to know if there were any investors to hand them to?  If you invest in Little Rock or other parts of AR, please message me. Thanks!

I Have this property under contract. I'm not looking for this property.  Posted that part incorrectly.