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Screen Name: ParamountPrinciple

ParamountPrinciple
Points: 116
Columbus, Ohio
United States
OFFLINE
Paramount Principle, Inc.
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My Details
Activity Level: Beginner
Investing Since: 2006
Reason on REI: Investor Networking
Learn R.E. Investing
Member Since: 04/17/2007
Last Login: 06/29/2007
Education

In corporate America I am a web designer as well as a veteran graphic designer. I recently left my job at the Columbus Dispatch to pursue real estate investing full time. I took all my savings and took the leap. Now I’m in the water and its basically “sink or swim” and I’m determined to make it click!

 

I first bought John Alexander’s program on “inverse purchases” and I put together some things but they never really panned out to anything worth bragging about. It was too much based on Sub Prime lenders and first time home buyers with less than flattering credit. Some of the lenders that I dealt with don’t even exist anymore. Times change.

 

Basically my REI education comes from expensive mistakes, also known as the school of hard knocks.

Hobbies

I like to rap. For real. I like to go to my producer friend’s studios and record. I also write for R&B artists. I sound like Nas mixed with Ice Cube.. .

Family

You know I have the standard Mom, Dad, little sister, big sister and older brother… but my life revolves around one little guy. . .my son. “Amon” is what I live for. He is really why I choose REI. I want to give him the things I never had. I love my son!

About Me

I’m a quite dude. I like traveling. I like lounging after a hard days work. I like good food. I like the Sopranos. I love sleeping good. I like fluffy pillows. I like nice cars. I love money.

My Contacts
ParamountPrinciple has 12 contacts

Colin
djfelip
MsRiteOne
bac524
lepreckon
RiyahsDream12
crystalwillett
AUDU Real Estate
Property Management and YP Consulting
Jcullenpro
NotoriousDAN
CA Networker
Looking For

I’m looking for success and longevity. Put my son through high school and college. Prove all the haters wrong!

I'd Like to Meet

Experienced investors who don’t mind talking to beginning investors.

My Comments
From: ReiFreeClassifieds
11/28/2011

 

Have you seen the new classifieds?

 

We wanted to stop by and introduce ourselves.  We're REI Free Classifieds, a brand new online classifieds specifically for real estate investors, investor-friendly agents and REI-related services.  We would love to have your participation and input.

 

Thanks,

The REI Team

Real Estate Investing Free Classifieds

 


ReiFreeClassifieds

From: MyHouseBidder
02/17/2011

MyHouseBidder.com is accepting real estate for sale. This is FREE for sellers to list and sell their home. If you have a house or other real estate for sale, and would like to be a part of a very exciting and fast paced online acution experience.... visit www.MyHouseBidder.com right now.


 

MyHouseBidder

From: Master Home Investments LLC
10/29/2008

Hello,

I am happy to have you as a part of our ever growing network! I look forward to looking further into the services you offer and hopefully we can work together in someway in the future! 

When you have some time, check out our program.   We offer you FAST ways of earning money while you are waiting for your big real estate investment checks to come in. You can use OUR funds to flip Short Sales and REO's and YOU keep the profit! No seasoning issues!!  We will also show you how to flip the property in under 2 weeks! You will NEVER need to use any of your own money to fund the deal! We even provide the PROOF OF FUNDS LETTER. You won't need a hard money lender, and you won't need to use your own credit.  NO RISK on your part!  Just those huge profits!  WE take ALL the risk!

Plus get paid THOUSANDS simply showing homeowners a FREE way to sell their houses for TOP dollar, FULL appraised value in 2 Weeks!  AND receive bonus "immediate" $600, $400, and $200 payments directly into your account within hours of joining our program!  The sky is the limit.

All of this is set up in such a way that all you have to do is direct people to your FREE website!  I look forward to hearing from you!  Stay in Touch!

(Click Here)


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Real Estate Investors!!


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Master Home Investments LLC

From: Jacksonso
07/01/2007
 

Hello

 

My name is Shawn O. Jackson, (Jacksonso on the site) I'm a beginning investor looking to specialize in wholesaling in the central Ohio Area (Columbus) I'm looking for Real Estate investors to Network with and add to my buyers list. I have several good profitable prospects in the works.  If you are interested either leave me a comment or send me an email at

Jblade985@aol.com with your contact info and I will give you a call. Also add me as one of your contacts.

 

Thanks

Shawn O. Jackson

Jackson Real Estate Resolutions


Jacksonso

From: CA Networker
06/28/2007
 

Thanks for adding me as a contact. Would you be interested in wholesale properties in Ohio? We have properties right in Columbus and we do all the work from getting the financing, rehabbing the property, finding a tenant or selling the property for you.

30 Unit apartment building located in Mansfield, OH
25 of the 30 units are rented (83% Occupancy Rate)
$91,000 NOI.
Mix of 3 bed/2 bed/1 bed/Efficiencies.
Showing an ARV of $950,000.

725 N. Belmonte Park, Dayton, OH  45405

It is set up as a duplex with cashflow or can easily be converted back to 4 bedroom single family home.  
Needs around $16,000 in work and will rent for $600 per unit if left as a duplex. 
ARV has been approved by appraiser to be between $76,000 to $90,000, depending upon use of property. 

 Asking $37,000

Some interior work is needed, mostly updated electric and drywall in two rooms, and the rest needs a minor paint job.  The roof also needs to be replaced. 

Located in the Historic area of Five Oaks, this property is located almost across the street from
Grandview Hospital.  Medical offices are across the street as well instead of houses.  In addition to that, this property is located next to last on the block.



Turnkey Triplex Investment Property - Rented - Must Sell

1059 Schiff Ave
Cincinnati, OH 45205

Asking: $85,000 Worth: $125,000

In the area 1 beds rent for $550-600 and 2beds are renting for $750-800 a month!
 Minimal work is needed (general cleanup ) already rented bringing in over $1,200 a month.
But comps go for $1400 to $1600 a month.
We are motivated to sell, MAKE OFFER!

-------------------------------------------

Duplex, each unit 2 bedroom 1 bath

1222 Manss Ave
Cincinnati, OH 45205
725 N. Belmonte Park, Dayton, OH  45405

 725 N. Belmonte Park,
Dayton, OH  45405

It is set up as a duplex with cashflow or can easily be converted back to 4 bedroom single family home. 

Some interior work is needed, mostly updated electric and drywall in two rooms, and the rest needs a minor paint job.  The roof also needs to be replaced. 

Located in the Historic area of Five Oaks, this property is located almost across the street from
Grandview Hospital.  Medical offices are across the street as well instead of houses.  In addition to that, this property is located next to last on the block. 
 
Needs around $16,000 in work and will rent for $600 per unit if left as a duplex. 

ARV has been approved by appraiser to be between $76,000 to $90,000, depending upon use of property.  Asking $37,000.

Asking: $75,000
Old Appraisal came in at $115,000
Rents: $450 Per Unit
2 Garage will rent for an additional $100 per month. Work Needed: $10k

This duplex has all new windows and a few year old furnace.

Plumbing Repairs needed and a few basement windows need replaced.
A good trash out, new carpet, and some fresh paint will make this duplex
a rent ready cash cow in no time. MAKE OFFER!

All properties have appraisals, construction breakdowns, title in the works, and contractors standing by start the fixup process (which we can manage). And not to mention being able to tie in to our property management companies if you're exit strategy requires you to hold long term.

All interested buyers contact me at feltgreg@gmail.com. My name is Greg Felt and I am much easier to contact thru my gmail account than by phone. But here is my cell phone 714-290-3190

1585 E Weber Rd.
Columbus, OH 43211

3Bed/1.5 Bath
-
1152 Sq. Ft.
- Full Basement (unfinished)
- Detached Garage
Asking: $44,750

This single family will fit perfect no matter what your exit strategy.
It was recently appraised 'as is' for $72k, but with ripping
up the carpet, finishing the hardwood floors located throughout
the house, tearing down some paneling, and a little landscaping,
can make this house worth into the mid 80's. Not bad for only
a few thousand dollars of sweat equity.
Also, this home has custom built oak kitchen cabinets in the kitchen.
Comparable Sales
1.
1495 Manchester Ave     Columbus OH 43211  03/06/2007    $71,900   
2.
1638 Milford Ave     Columbus OH 43224  02/28/2007    $80,000   
3.
1522 Minnesota Ave     Columbus OH 43211  12/19/2006    $85,000
4.
1566 Genessee Ave     Columbus OH 43211  09/06/2006    $68,000

We only have this property, and once it's gone it's gone. We are motivated
to sell within the next 24 hours.. Make offers.

We have a portfolio of 10 SFR’s in
Columbus that have 10- 15% Equity that can be verified by appraisals. They are fully rehabbed with lease optioned tenants already in the properties for $100 to $300 per month positive cashflow. Properties done by this rehabber can be seen at www.2rto.com


CA Networker

From: AUDU Real Estate
06/26/2007
Hi there..welcome!
AUDU Real Estate

From: lepreckon
05/05/2007
thanks man
lepreckon

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