All Forum Posts by: Sarah K.

Marketing strategies differ between locations and the times (what worked last year may not be effective anymore).

A question I have is: If you have a limited budget ($700/mo) for marketing, what would be the first 3 strategies you would implement immediately?

Thank you!

Hello Fellow Rehabbers!

I have an REO property that has finally been approved for sale in the hot investor DC neighborhood - Woodridge. Closing must occur before August 23rd. I have several other projects in the area that I paid a lot more for and I would take on this project but already have my hands full, so take advantage!! This house has good bones but needs a lot of work - total rehab.

ARV - $750k - $800k+

Repairs - $250k - $300k

Asking - $305k

Comps:

• 2004 Evarts Street NE - under contract; list price $1.1m
• 2009 Evarts Street NE - sold Jun 14 for $750k
• 2022 Monroe Street NE - sold Jul 1 for $740k
  • Previously sold to investor Oct 5, 2015 for $448k
• 2024 Monroe Street NE - sold Mar 15 for $750k
• 1710 Douglas Street NE - sold May 20 for $700k
  • Previously sold to investor Dec 29, 2015 for $340k
• 4021 22nd Street NE - sold Jul 22 for $325k
  • Investor bought with cash - similar size lot and close sq.ft. as subject property (showing what people are paying for investment properties in the area)

Please let me know your thoughts and interest. (301) 968-5676

Thanks, Steven for the feedback. I'm open to suggestions and negotiations on a more suitable rate of return to whomever is interested. I am seeking additional funds on my own, I will look to reword to avoid any legal issues!

I am looking for crowdfunding interested in earning 12% interest, annualized. I have several properties in the DC metro area that are already under contract and several more on the way. The investments are low-risk and can be as short or as long as you want to lend. I am looking for a minimum of $20k per person to invest, with no max. If interested, send me a message and I'll be happy to share details of my deals or additional information requested. Thanks!

I am looking for private money lenders interested in earning 12% interest, annualized. I have several properties in the DC metro area that are already under contract and several more on the way. The investments are low-risk and can be as short or as long as you want to lend. I am looking for a minimum of $20k per person to invest, with no max. If interested, send me a message and I'll be happy to share details of my deals or additional information requested. Thanks!

@Luke Buettner - Thanks for the feedback and suggestions! I cannot believe the records weren't updated for 3 years! That's crazy!! I'll look into reaching out to officials in my area.

@Russell Brazil - I've noticed with DC they don't have to provide information regarding pre-foreclosures, although when driving around, you can tell certain houses/neighborhoods need the help. I've even tried researching on the DC Govt Housing website to see how someone can buy vacant homes.....but no success

I live in the DC Metro area and have seen a lot of vacant properties around. Finding the owners is an endless task. Does anyone have any advice or an efficient way to find/purchase vacant homes, fire damaged homes or other unwanted properties with too much work/damage?