Wholesale Deal - 6218 W. Indianola Phoenix, AZ 85033

Wholesale Deal - 6218 W. Indianola Phoenix, AZ 85033

5 bedroom, 2 bath with diving pool situated in a cul-de-sac on a North South lot.  Lot is 12,907 sq feet.  County records show 1819 sq feet, total square footage is approximately 1963.  There is an unpermitted bedroom addition on the covered patio that is approximately 144 sq feet.  See county assessor for layout.  We've crossed this bridge before and have had the county recognize the unpermitted additions.   Properties are closing at $101-104/sq ft in the area in under 50 days.

**** CALL ME TO SCHEDULE APPT TO VIEW.  OCCUPIED*****

Need set: Cosmetic Updating

Wholesale Price:  $125k
Estimated Rehab:  $20k
Estimated ARV:  $195k


Close of escrow on or before 7/8/2016.  First signed contract and $2500 non-refundable deposit to title wins.  Buyer pays all closing costs.  Escrow is opened at First Arizona Title - Kim Stembridge is EO (623)385-1004. 
 

See below for fun disclaimers, ESTIMATED budget, pics, and comps and link to comps:

Fun Disclaimers:

All Prices based on cash sale with $2500 non-refundable deposit to secure property. 

IMPORTANT INFORMATION

• All properties offered are either owned or are under contract and selling equitable interest or offered in conjunction with business associate.

• One of managing members is a licensed Real Estate Agent in the state of Arizona.

• If estimated values are provided, they are based on interpretation of MLS and Tax Data.
• Hard Money Available on most transactions at range of 14-18% with 20-30% down and transaction fee.
• Price is net to seller and Buyer pays all closing cost
• Buyer agrees to double close of escrow

Investors/buyers are encouraged to conduct their own due diligence. The members of the selling entity are not tax or financial advisers. You should consult with a certified financial and/or tax adviser on any investment you are considering. Buyer pays all closing costs.

PICS:

Comps:


Link to comps:
http://www.flexmls.com/cgi-bin/mainmenu.cgi?cmd=url+other/run_public_link.html&public_link_tech_id=17xkh2kxmyvt&s=12&cid=1

Estimated budget:

Property Address
	Purchase Price				125000
		Front side
		Hard Money loan						100000
		Hard money down payment					25000
		Interest hard money
		- 18% 6month term - 4 months			1500		6000
		Closing costs					1500
		Remodel					20000
		Insurance					700
		APS/Water					700
			Total cash invest				53900	53900
			Total Frontside costs					153900
		Backside
		Estimated renovated sales price						190000
		Realestate commission			0.05		9500
		title fees					1500
			total fees				11000	11000
			total frontside costs					153900
		Total Earnings						25100
		ROI						0.465677

Wholesale Class - 6/22/2016

Father's and mentors have the ability to change life trajectories. Thankful for two mentors in my life (Rusty Catania and Chris Hughes). They helped teach me how to create a stream of income for our family. Want to play it forward by sharing this same skill set with others that would like to learn. Anyone is welcome. The class is called Wholesale 101: What Anyone Needs to Know to Create an Additional Revenue Stream. Offering a class on Wednesday 6/22/2016 from 1:30pm-3pm at My Home Group Scottsdale office.

My Home Group
8360 E Raintree Drive #205
Scottsdale, AZ 85269
Would like to thank Mark Hutchins and Jereme Kleven, our broker extraordinaires, for the space and opportunity.
Travis Smith Kjersten Smith Angela Sarff Peters Mary Spitzer Joel Lopez Jenny Cary Jon Storey Kim Stembridge
‪#‎eliteintegritygroup‬ ‪#‎relationshipsmatter‬ ‪#‎myhomegroup‬ ‪#‎azrealtor‬ ‪#‎wholesale‬ ‪#‎wholesaling‬ ‪#‎invest‬ ‪#‎changeyourtrajectory‬

*** Discounted Commercial Wholesale Package Deal **** 1301-1303 W. Grant Street, 1305-1309 W. Grant Street, AZ

*** Discounted Commercial Wholesale Package Deal **** 1301-1303 W. Grant Street and 1305-1309 W. Grant Street, Phx, AZ 

Seller needs the property gone. 

1301-1303 W Grant st - Was a bar (AmVETS bar) 2400 sq ft, 14k square foot lot, zoned c-3, new plumbing, new commercial electrical panel.  New lease as been negotiated for $2200/mo for this space. Tenant has converted the space into a retail store and is DJ that provides services for weddings and birthday parties.

1305-1309 W Grant st - Triplex (quite a bit of work already done). Previously rented for $650, $650, and $1800 mo ($1800 space includes a basement, mechanic space in back, 2 baths, 2 bedrooms, and 2 kitchens).  Potential for 4 unit with small rehab.  Property is Zoned C-3.  Needs some electrical updates.  SEE UPDATES FOR ELECTRICAL PLANS BELOW

Wholesale price:  $240,000

 First signed contract and $2500 non-refundable deposit to title wins.  Buyer pays all closing costs. 
 

See pics and fun disclaimers below:

Fun Disclaimers:

All Prices based on cash sale with $2500 non-refundable deposit to secure property. 

IMPORTANT INFORMATION

• All properties offered are either owned or are under contract and selling equitable interest or offered in conjunction with business associate.

• One of managing members is a licensed Real Estate Agent in the state of Arizona.

• If estimated values are provided, they are based on interpretation of MLS and Tax Data.
• Hard Money Available on most transactions at range of 14-18% with 20-30% down and transaction fee.
• Price is net to seller and Buyer pays all closing cost
• Buyer agrees to double close of escrow

Investors/buyers are encouraged to conduct their own due diligence. The members of the selling entity are not tax or financial advisers. You should consult with a certified financial and/or tax adviser on any investment you are considering. Buyer pays all closing costs.

Pics:

 Electrical Plans:

Wholesale Deal - 7732 E Holmes Ave, MESA, AZ 85209

Wholesale deal - 7732 E Holmes Ave, MESA, AZ 85209

Wholesale deal - 7732 E Holmes Ave, MESA, AZ 85209

Estimated 62% ROI AT A GREAT PRICE POINT.  A very dated 1504sf including 4beds, 1.75baths, an office, and an arizona room!  NO HOA! Huge carport, would be perfect to show as a "workshop" space. Perfect project for the creative investor. 

Need Set: This can be a fun one! The frontage of the house needs a creative update - figuring out what to do with the large carport. Basic updating: paint, flooring, minor kitchen reno.

Wholesale Price:  $95k
Estimated Rehab:  $20k
Estimated ARV:  $160k

Close of escrow on or before 6/13/2016.  First signed contract and $2500 non-refundable deposit to title wins.  Buyer pays all closing costs. 
 
See below for fun disclaimers, ESTIMATED 62% ROI budget, pics, and comps:

 

 

Fun disclaimers:

All Prices based on cash sale with $2500 non-refundable deposit to secure property. 

IMPORTANT INFORMATION

 

• All properties offered are either owned or are under contract and selling equitable interest or offered in conjunction with business associate.

 

• One of managing members is a licensed Real Estate Agent in the state of Arizona.

 

• If estimated values are provided, they are based on interpretation of MLS and Tax Data.
• Hard Money Available on most transactions at range of 14-18% with 20-30% down and transaction fee.
• Price is net to seller and Buyer pays all closing cost
• Buyer agrees to double close of escrow

 

 

 

Investors/buyers are encouraged to conduct their own due diligence. The members of the selling entity are not tax or financial advisers. You should consult with a certified financial and/or tax adviser on any investment you are considering. Buyer pays all closing costs.

Pics:

 

--

7732 E Holmes Ave, MESA, AZ 85209
	Purchase Price				95000
		Front side
		Hard Mony loan						76000
		Hard money down payment					19000
		Interest hard money
		- 18% 6month term - 4 months			1140		4560
		Closing costs					1500
		Remodel					20000
		Insurance					700
		APS/Water					700
			Total cash invest				46460	46460
			Total Frontside costs					122460
		Backside
		Estimated renovated sales price						160000
		Realestate commission			0.045		7200
		title fees					1500
			total fees				8700	8700
			total frontside costs					122460
		Total Earnings						28840
		ROI						0.620749031

Comps: