All Forum Posts by: Roberta Kelly

Caveat, make sure the title company specialize in same day funding, double closing

11/14/22 Hello Investors for Saint Louis, Mo.  

I have a 3/2/1 home under contract and looking for End Buyers need to close before 12/16/2022

ARV 282K, asking price 149K, near U-City, easy commute to Washington University, Property ideal for house hacking, flip, BRRR. This is a short sale deal contract approved.

I have a contract, property ideal for house hack or flip. I am not sure if I should market wholesale deal to Investors in Missouri or any investor within our Investor community?

Property reverse mortgage, balance due  205-213K, quit claim deed to a family member, title open, the home will go into foreclosure.

Market value $248K up to 410K great location- ARV for flips will support 410K if total rehab, add square & bath: renovate the basement for additional room & bath, or add a room onto the rear of the home or add the second story.

ARV 405, estimate repair 60-67K, need to profit 15K, 1656 sqft, price per sqft $230.00, year built 1954 will need foundation, roof, total updating, currently occupied, not on the market.

3/2/1, full basement, single-story, across from a park, (University City, St. Louis Missouri easy commute to Washington University, etc.)

Tia, 

Your analysis is spot on! Our Houston Market is saturated with New to seasoned Investors in the Houston, Market area. Inventory is low, Off market distress, property owners have been bombarded/flooded with real estate investors: Bandit signs, lead generation phone calls, text blast, post cards, flyers.  You name it the Houston metro market area is saturated. Thus the profit margin has tightened. I recommend, thinking differently, becoming even more creative.

The market will soon become flooded with foreclosure due to post pandemic restrictions have lifted to allow properties owners to proceed with the foreclosure process.  I am a real estate Investor and real Estate Broker with access to a vast amount of resources and still find it a challenge. 

We can do this, stay focus and continue to pursue your real estate goals. Yes, low ball offers are a challenge and not the winning ticket for now.

I agree with the other Agent's advice.  Everyone is trying to sell lead generations list. If you have a true potential list of potential properties, I recommend aligning yourself with a few great Real Estate Agents who you are willing to develop a trustworthy relationship.  Time is valuable, no one will work for free.

trend, everyone selling information, I am not finding relevant concise real estate property opportunities in my fast pace maket area, Houston, TX. Metro counties, Fort Bend, Harris, Colorado, Fayetteville, 

I like many women, hold myself back, by overanalyzing potential opportunities foreign to us.  We are fewer risk-takers due to our inherent keen sense of playing it safe within our boundaries and loyalty to our immediate family needs.

I am finally at a stage in life to be a risk-taker, as an "empty nester"