I’ve decided to use this new blog to track ALL interests and developments in my online world.
Working on a lot of different projects, deals, etc. my online persona needs a place where everything is anchored.
In 2008 I will be using teleseminars to grow my online business and keep in touch with more clients and customers more frequently. I invite you to support me in this effort. There will be a lot of free content, information, and mind share - designed to moving more real estate deals so YOU can make more profits and build more wealth.
It’s fun doing real estate deals in the California “foreclosure market”!
You get to enjoy warm “late summer” days in December - and make lots of money with fantastic buying opportunities every day!
So, here is another great wholesale deal where I leave BY FAR most of the equity on the table for you!
Comparable properties in the area are going for over $800,000 - and they aren’t even real “comps”, because this property is on a double lot, and there just aren’t any comps out there for that…
So we have to make due with what we got - comps with SMALLER LOTS, SMALLER square footage, and FEWER UNITS.
As it is, there are just soo many possibilities with this triplex. For starters it has a super large main building with over 1900 sf of living space. It has been divided into two units as of right now. - And in the back you have another building with 1 bedroom and 1 bath. With this huge lot, however, you could even add another building, enlarge the 1 bedroom house, and take the separation wall out of the main house - WOW!
Are you getting eager for the price yet? - I’ll post it tomorrow, with the pictures that I took today. You’ll have a minimum of $200,000 in equity - after repairs!
Let me know when you’re ready for this smart investment ASAP!
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