2 Property Deal

Posted on August 5th, 2010 by

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2 Property Deal, that’s right 2 properties for 1 low price. These are properties that need a little work but can be good rentals for you for years to come, especially section 8 rentals.

851 Butler, Toledo, OH
3bd, 1ba, full basement, enclosed front porch, 1 car garage.
repair cost: $9,000
Area Rents/Section8: $600/mth
Area Comps:
734 E. Broadway sold on 5/5/2010 for $25,000
911 Kingston sold on 4/2/2010 for $22,000
735 Woodville sold on 3/18/2010 for $31,000
820 Buffalo, Toledo, OH
2bd, 1ba, full basement, large backyard with deck
repair cost: $6,500
Area Rents/Section8: $525
Area Comps:
1441 N. Ontario sold on 5/7/2010 for $25,000
1835 Chase sold on 3/16/2010 for $17,500
You get both for $16,500
Total Repair Cost: $15,500
Total Investment: $32,000
Total Monthly Rent Income: $1,125
Total Yearly Rent Income: $13,500
Return on Investment: 42%
Contact me Today!!!

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Filed under: Handyman Special, Real Estate, Wholesale

Toledo 2 For 1 Wholesale Special

Posted on June 8th, 2010 by

We have a unique opportunity for the handyman inside of you. We are offering Two, yes 2 properties. When you purchase 1 property we are throwing in the other property for FREE!!!!!.

We are accepting open bids on the property and it will go to the highest bidder. Investors, Landlords, Handymen, Rehabbers; do your homework and make us an offer. No offer is too small.

Properties will be warranty deed upon purchase without any liens.

Look in the left hand column and click the “Submit an Offer” link so we will get your offer right away.

Property #1

917 Hamilton, 3bd, 1ba, Toledo, OH
area rents in the $450 to $550 range
This will make a great section 8 property

Property #2 (FREE!!!)

1116 Hamilton, Toledo, OH
(Duplex) 2bd, 1ba each
Area rents $400 to $475

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Filed under: Handyman Special, Real Estate, Wholesale

1445 Delaware, Toledo, OH, Handyman Special

Posted on May 1st, 2010 by

Price Drop!!!

1445 Delaware, 2bd, 1ba, Toledo, OH 43606

This is truly a handyman special for the active investor.
The property is located close to the highway, schools, parks, public transit, shopping and more.
This is a solid property and would make a good rental once repairs are complete.
Needed repairs are:
carpet
paint
update bath & kitchen
siding
gutters
doors
some plumbing & drywall
landscaping
Purchase Price: $6000 now $4500
Repair Cost: $12,000
Total Investment: $16,500
After Repair Value $35,000
Possible Section 8 Rent: $500 -$525 per month
Similar Properties Sold In The Area:
2109 Elliott, sold 7/2/2010, for $15,300
1426 N. Cove, sold 2/26/2010, for $13,000

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Filed under: Real Estate, Wholesale

SOLD – Seller Finance Deal – SOLD

Posted on April 27th, 2010 by

SOLD

We have several Properties that are being offered Seller Financing.

Owner is MOTIVATED!!!!!

Duplex 3028 Warsaw, Toledo, OH 43608 – Lower 375 Leased

3028 Warsaw, Toledo, OH 43608 – Upper 375 Leased

Total $750

Duplex 1004 Western , Toledo, OH 43608 – Upper 375 Leased

1004 Western , Toledo, OH 43608 – Lower 375 Leased

Total $750

Duplex 420 Harve, Toledo, OH 43608 – Upper 375 Leased

420 Harve, Toledo, OH 43608 – Lower 375 Leased

Total $750

Duplex 615 Walbridge, Toledo, OH 43608 – Lower 450 vacent

615 Walbridge, Toledo, OH 43608 Upper 400 Leased

Total $850

SFH 429 Fifth, Toledo, OH 43608, 450 Leased

SFH 714 Orchard, Toledo, OH 43608, 450 Leased

SFH 649 Prouty, Toledo, OH 43608, 650 Leased

SFH 242 Mozart, Toledo, OH 43608, 300 Leased

Tenant pays all utilites in SFH

Tenants pays all utilities with the exception of Water

Water is reimbursed to owner by tenant.

*Most units have had extensive work in the last several months.

Seller Finance Price $225,000
15% Down – $33,750
Payment can be discussed

SOLD

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Filed under: Real Estate, Rental, Turnkey Property, Wholesale

1489 Berdan, Toledo, OH Wholesale

Posted on February 4th, 2010 by

1489 Berdan……… A Wholesale Done Right

The property has newer windows, kitchen and bath. New plumbing. Comes with gas stove, fridge, washer & dryer. Has natural hardwood floors, central air, a carport, large wood deck, fenced in yard and plenty of nice features. Needs less than 4K in repairs, these repairs include:

  • replacing some siding

  • driveway leveling

  • deck cleaning & stain

  • landscaping

  • new entry doors

Area Comps:

  • 4022 Commonwealth, sold on 7/12/2010, for $66,900

  • 3820 Wallwerth, sold on 6/15/2010, for $72,000

  • 1822 Berdan, sold on 7/20/2010, for $55,000


PURCHASE PRICE: $47,000


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Filed under: Real Estate, Wholesale