All Forum Posts by: Stefon Franklin

Originally posted by @Brian Garrett:

Are you talking about a physical mailing list or an email list?

 Physical mailing list 

Hey BP Members, I finally bought my first mailing list! I've previously only been doing bandit signs and Craigslist marketing only because it's inexpensive. It's been working but now I'm looking to expand and do more deals. So now I'm trying to create a mailing campaign that's effective but also cost friendly. I'm asking for any insight on how to get the most "bang for my buck." Any suggestions are greatly appreciated!

Hey BP Members, I finally bought my first mailing list! I've previously only been doing bandit signs and Craigslist marketing only because it's inexpensive. It's been working but now I'm looking to expand and do more deals. So now I'm trying to create a mailing campaign that's effective but also cost friendly. I'm asking for any insight on how to get the most "bang for my buck." Any suggestions are greatly appreciated!

Hello BP members, 

I'm a newbie in the game and I'm actually in the process of closing my first wholesale deal. Now that I have the property under the contract with the seller and I'm in the process of assigning the contract to a cash buyer. I'm just confused on the process dealing with the cash buyer. Do I need to write another assignment contract to the buyer or?.. Can Someone guide me through the cash buyer process? I'm ready to get paid!

Home has 4 Bed 4.5 Bath

3,486 Sq Feet

Built in 2005

Home has fire damage. No damage to the brick and mortar. Only interior damage.

Purchase Price: $220,000

Rehab Cost: $120,000

ARV: $467,000

Total Profit: $127,000

Any questions feel free to contact me!

Originally posted by @Jared Vidales:

Dr. Ho finally come to his senses?

 haha yes! 

Property located in Hickory, NC

1122 Horse Rock Rd

Hickory, NC 28602

Home has 4 Bed 4.5 Bath

3,486 Sq Feet

Built in 2005

Home has fire damage. No damage to the brick and mortar. Only interior damage.

Purchase Price: $220,000

Rehab Cost: $120,000

ARV: $467,000 

Total Profit: $127,000

Any questions feel free to contact me!

Off market apartment building located in Cincinnati, OH 

Currently 100% occupied 

Gross Rents: $85,440 

Washer & Dryer: $12,000/yr ($1,000/mo) 

Gross Income: $97,440 (Gross Income After 10% Mgmnt Fee: $87,696) 

Expenses: Taxes: $10,000/yr 

Insurance: $4,000/yr 

Water Bill: $6,800/yr ($1,700 every 3 months) 

Garbage: $1,380/yr ($115/month) 

Gas & Electric: $12,000/yr ($1,000/mo) 

Total Expenses: $34,180 

NOI: $63,260 (Cap Rate: 11.3%)

NOI With 10% Mgmnt Fee: $53,516 (Cap Rate: 9.55%)

Im looking for recommendations on title companies used in Mecklenburg or Catawba County.. any input would be helpful! Thanks in advance