Daniel Lucas

Screen Name: Daniel Lucas

Daniel Lucas
Points: 1237
Baltimore, Maryland
United States
OFFLINE
Business Name: Lucas Home Solutions
410 660 9196
info(at)LucasHomeSolutions(dot)com
The Marshall Mathers of House Hustlers
rank 3
Looking For Cash Buyer!
200 block of Division Ave, NE Wash DC 20019


Asking Price: $ 155,000
Repairs Needed: $2,500 for rental / $17,000 for resale
After Repair Value: $250,000+
Projected Gross Profit: $83,000 Monthly Cash Flow: $607.00 (gross)

Good Morning,

Thanksgiving comes early this year! Trust me when I say that you'll be thankful for this money maker.

This DC deal already has a Section 8 tenant paying $1,771/month and has over $83,000 in equity. I'm making this property available to you for only 69% of retail value.

This is a TRUE wholesale deal that will make you an awesome profit if you rehab and resale - OR - you'll have $607 in monthly gross cash flow with the Section 8 tenant already paying $1,771/month (guaranteed rents).

Located in the nice Deanwood neighborhood, the 3 bedroom/1.5 bathroom semi-detached property is all brick and has an enclosed sun room addition and a finished basement.

Also featured are hardwood floors, central air conditioning, and a forced air furnace (NO crappy radiators and window units....yeah!!). The property needs less than $2,500 in cosmetics to keep it as a rental or you can spend $17,000 to renovate it and sell if for $250,000.

I recommend the long term investing approach of buying and holding this profitable property. As an experienced investor, I can tell you that $607/month in gross cash flow is SERIOUS. Imagine owning ten properties like this! How about 20? You get the picture.

However, you won't be disappointed if you rehab and resell for gross profits of $83,000 (a projected net profit of $61,000).

SPECIAL OFFER:If you buy this deal, I will even re-list the property when the renovation is complete or manage the property for you for 1 year. Your cost......F-R-E-E.

Here are recent comparative sales:

Comparable Sales
Address - Condition - Status Price Bedrooms
4728 Blaine St - As Is (Sold 4/15/08) $ 255,000 3
4615 Clay St - Renovated (Sold 8/15/08) $ 295,000 3
121 46th Pl - Average (Sold 5/16/08) $ 242,500 3
125 46th Pl - Average (Sold 6/12/08) $ 258,000 3
4539 Eads Pl - Renovated (Contract) $ 250,000 3


PICTURES HERE: http://s79.photobucket.com/albums/j133/realstar1/Division/?albumview=grid

Give me a call to take a look at this profitable wholesale deal.

Finders fees/Agent's commission gladly paid if you bring us a buyer. The deal will close at my title company. Cash or hard money is preferred. A $1,500 deposit is required with all contracts.

I'll See You In The Fast Lane,

Vern Vaughan
aka "The T-Shirt and Blue Jeans Real Estate Investor"
aka "The Wholesale Renegade"
Realstar Properties
877-BUY-IT-FAST
RealstarOnline.com
Other Interests
Living life to the fullest!
My Details
Investment Type:Wholesale
Short Sale
Rehab
Activity Level:Part-Time
Investing Since:2007
Reason on REI:Selling Wholesales
Learn R.E. Investing
Other Website:www.LucasHomeSolutions.com
Member Since: 04/26/2008
Last Login: 12/09/2008
My Blogs
No blogs was posted by this user.
Story of The Next Multi-Millionaire
I'm a twenty year-old junior in college at the University of Maryland Baltimore County with a major in Information Systems. I am the youngest of four siblings, and my parents are in their sixties (I convinced my father to attend meetings at DCREIA with me; he also attended Dave Lindahl's 4 day Chunker/Foreclosure boot camp with me). No one in my immediate family owns more than one property currently except for my older brother Joseph. He is a real estate attorney in the Dayton, Ohio area and currently owns two houses. He used to own three apartment buildings for a total of 16 units, but he says the costs ended up higher than he believed, and he over calculated the cash flow on his properties. He was the property manager, and the properties did not cash flow enough to pay for one. I believe he owned the buildings for about four years and netted a profit of around $42,000. His job circumstances changed, and he figured his time was better spent working for his law firm (he had problems with tenants paying late, having to fix things, etc). Now my brother is very pessimistic and cynical about real estate. He tries to discourage me from getting started, because obviously if he couldn't become really successful (he was a valedictorian, went to Harvard, UPenn Law, etc), then I have little chance. My parents don't encourage my real estate passion, but they accept it.

I became interested in real estate probably around middle school when I learned of the landlord-tenant system. I wanted to own a piece of real estate (such as apartment buildings), rent it out, and allow my renters to pay down my mortgage and also give me a bit of extra payment each month in the form of positive cash flow. In early high school, I studied about paper assets, but I did not feel that paper assets are the most secure path to wealth. By junior year of high school, I had discovered Robert Kiyosaki, and I studied all of his materials I could find: Rich Dad Poor Dad, Cashflow Quadrant, Choose To Be Rich, Cashflow 101 and 202 games, and Rich Kid Poor Kid. Although his materials are very basic to most business people and investors, he encouraged a new way of thinking that differed from the ideas I had gained while young.

I needed more materials to study, so I searched on-line and found some good free sources of information. The source I used the most was creonline.com because of the vast amount of information available as well as the social community. I'm also on other sites such as biggerpockets.com, reiclub.com, and many more. One webinar from creonline.com I heard Dave Lindahl's presentation, and I felt compelled to purchase his Apartment House Riches course. I learned a lot from that course, and I've even had the opportunity to study additional courses from the Russ Whitney group, Ron Legrand, William Bronchik, Trump University, and more. I'm still in the process of completing some of those courses, but I have made substantial progress over the past few months. They cover topics including multi-family houses, pre-foreclosures, wholesaling, property management and cashflow, commercial real estate, tax liens and deeds, purchase options, and short sales. Eventually I would like to learn all about rehabbing.

My plan is to wholesale for a while, then rehab, then invest in multifamily houses and apartment buildings.
My House Hustlin' Wholesalin' Business
I work with a broker/owner of Dynamic Exit Realty in Maryland. The owner, Dante, owns a wholesaling company with several people working under him. I am working as a contractor for him, bringing him leads, calling sellers, etc. I'm not really a bird dog, cause I have a more intimate involvement in the deals. I'm pretty much doing all the work myself and just going to Dante for help. The idea is to get my feet wet under the supervision of an experienced investor. I met Dante at the April DCREIA meeting.
My super awesome acquaintances -> JOIN THEM!
Daniel Lucas has 113 contacts

Colin JohnCorey WholesaleRenegade
Colin JohnCorey WholesaleRenegade
RyanDehler PropertyLion myloanclosedtoday
RyanDehler PropertyLion myloanclosedtoday
Matt Miller - Content Director ncarey OldDog
Matt Miller - Content Director ncarey OldDog
Ryan Ely timandlisa1208 Matt
Ryan Ely timandlisa1208 Matt
My Favorite People Post Here
tmac-FREE LEADS-SHORT SALE INVESTOR

From: tmac-FREE LEADS-SHORT SALE INVESTOR
12/23/2008
Hello, my name is Terry and I have real leads nationwide from my research team.  I have motivated sellers, wholesale, pre-preforeclosures and bankruptcies.  If you are interested feel free to contact me by email at terry_lance@hotmail.com for information. Thanks and have a safe Holiday.


aleshiaward

From: aleshiaward
10/22/2008
 
Hi,
 
My Name is Aleshia Ward, and I am the President of My Direct Mail Pros Inc, and Active Real Estate Investor. 
 
Marketing is a Key Ingredient to being successful when Investing in Real Estate. Why not use something that is proven to work!
 
So What is the Yellow Letter? 
The Yellow Letter is a Handwritten Letter in red ink on Yellow Legal Paper. The Letter is placed in an invitational envelope, hand addressed in red ink, with a 2 line return address label on the back flap, with a live stamp such as disney characters, star wars, antique cars etc. 
 
The Yellow Letter gets opened every time. The Letter actually looks like something your grandmother would send you in the mail. Its warm, friendly and straight to the point. They typical Direct Mail Response Rate is 0.05% to 1%. Why settle for less when you can have it all. 
 
You do not have anything to lose, but everything to gain, try 250 today to test the Yellow Letter, I am sure that you will have your socks knocked off with the response that you will get.
 
Get 250 Yellow Letters for $375.00 Prepared Stamped and Mailed out for you.
 
If you would like a Sample of the Letter, Please click here http://www.realestateinvestor.com/aleshiaward and opt in to get a sample.
 
You can also get 1000 letters prepared, stamped and mailed out for only $1097.00
 
Visit us at www.mydirectmailpros.com or if you would like to order call us at 904-236-5275.
 
Happy Investing!
Aleshia


Zack W

From: Zack W
10/19/2008

In response to your question as to how to generate seller leads with no money it's possible but more difficult. The obvious ways are:

- online posting sites, craigslist, backpage, kijiji, etc
- flyers / business card distribution - gas stations / pumps, other stores, bulletin boards
-bird dogs
-market other, less savvy, wholesalers properties
-bring in a partner. raise 10k and pay your partner back 15k, 3k off each of your first 5 deals

I'm sure I have missed a few but even if you only do those you'll be on your way. My suggestion however is to focus on building a motivated buyers list and then worry about the deals. Deals nowadays ecspecially in B-more are a dime a dozen, it's the buyers that are scarce. To build a decent buyers list simply set up a squeeze page, get their first name and e-mail address and then have an auto responder begin to send them articles, offers, deals etc. Build rapport with your list then match buyers to properties.

Best of luck man.  



ChrisArias

From: ChrisArias
09/25/2008

Hey Daniel,

Glad to be networking with you man! You're story rocks, TRUE inspiration. I'm excited to meet another young entrepreneur. I look forward to learning from and doing business with you soon!

That first check is comin' real soon! Take it easy.

-Chris



MillionaireMind

From: MillionaireMind
09/23/2008

Hey Daniel, I wanted to personally invite you to join us TONIGHT on our webinar. Maybe you haven't heard about Coach Pat Martin, but this guy is making some serious waves with his patented "Cash for Keys" program. He has been featured with Ron LeGrand, Lou Brown, Tim Mai, Roger Salam, just to name a few. He has mastered the Deed in lieu, and has found a way to turn his, AND YOUR, "dead" short sale leads into CASH!!

Here's the best part!!! YOU DON’T HAVE TO DO ANY MORE WORK THAN YOU HAVE ALREADY WORKING THE SHORT SALE!!

Go to this link: www.Mr3Days.com/webinar.htm and register for our exclusive webinar!

       TONIGHT, AT 9PM (EST)!



blainebrazzle

From: blainebrazzle
09/18/2008

I thought I might give you a resource to check out. Since it is harder and harder to qualify buyers, credit is more important than ever. I came across something that can help your prosepective buyers to get their scores that much better or higher so you can qualify them and thus make more sales and more money. It is a resource I have been using with a greater and greater number of my buyers and clients. So here it is:

www.FDIDVD.com/DBI



mprgomes

From: mprgomes
09/14/2008
Make Money Helping Buyers & Sellers Sell Their Home in 2 Weeks!

Sellers... Top Dollar, Fast Closings, and all CASH at closing

Buyers... Easy Terms and No-Hassle Financing!

Agents and Real Estate Professionals ... Close more deals!!

Flip Short Sales or REOs using our Private Investor's Funds!

$250,000.00 has been paid out to our Members in the last 2 months! 

Use Our Private Funds to Buy Owner Carried Notes from Home Sellers at Closing!

Visit: http://mprgomes.tripod.com/id7.html to find out

 HOW YOU MAKE MONEY WITH THIS PROGRAM



Ran & Tevi

From: Ran & Tevi
09/08/2008

2225 Eutaw Place #4  Baltimore, MD 21217 / condo / $160,000 Sales Price / 267,500 Value

 

No rehab needed / Move-In ready. Seller very motivated!!!


 

Thank You,
 
Randolph Cunningham
Real Estate Consultant 
 
704-492-8366 direct
rsi.solutions@yahoo.com


Erin

From: Erin
08/18/2008

 

$100,000 Per Month!!

Investors!!........... Mortgage Professionals!! ...........

...........Real Estate Agents!!

We now offer Note Purchases on SHORT Sales and REOs!!!!! FLIP AT CLOSING, USE OUR INVESTOR'S FUNDS TO BUY HOMES FROM BANKS AND THEN FLIP WITH "OWNER CARRIED NOTE" Which is SOLD AT CLOSING!!!

PLUS: Enjoy Joint Venture Profits. No Credit on your part!!!

Just Added: By joining at Platinum Level, you are receiving training as an investor so that you can FLIP homes using the Program. You receive the Gold level program AND the Platinum level training. You can also start earning more as a result of being at the Platinum Level.

(Click Here)

 

This is a 2 Tier Payment System, NOT an MLM. You earn on your team and on their team. All of your team members pass up 2 of their team members (1 & 4). In the example above, since Tim and Tom have been passed up to your team, they will, in turn, pass you their 1st and 4th sales. This process keeps occuring over and over. Of the $697 startup cost for Platinum Level, $600 is paid instantly to team leaders.


 

1.) Earn Full Profit Spreads on homes you flip!!
2.) Earn 1% of the loan purchased from every Homeowner that funds with our Temporary Seller Financing Program.
3.)Earn 1/2% percent of the loan purchased on any sales made by your team members.

Profits made by making Gold and Platinum Level Sales.

4.) Earn $400 on every Platinum sale made from your website with the exceptions of your first and fourth sales.
5.) Earn a $200.00 Bonus on every Platinum sale that any of your team members make.

This becomes a Residual Income that CONTINUESto come in each time anyone on your team brings Platinum members. It also means you earn $600on each of the 1st and 4th sales from ANY of your team sales to infinity!! PLUS, you earn the $200on EVERY sale made from EACH of your team members. Your 1st and 4th personal sales are not part of your team as they are passed up to your team leader and become part of their team.

~All of YOUR team members will Also pass up their 1st and 4th personal sales which is how YOUR team will grow as well, from the efforts of your team members.~

6.) You can use ANY pre-approved buyers from any of your own Gold team member's, to FLIP your OWN homes with; (after the original seller has their opportunity to sell to that buyer). Gold level team members are limited to earning only from the original homeowner that created the lead.

All additional pre-approved leads belong to you! This is the

KEY to building an enormous buyers list, ready to buy your next home!!!!!!!!!

7.) Earn $150.00when team members joins at the Gold level.

8.) Earn $400.00on every Platinum team member that joins through any of your own Gold team members. (Gold team members only earn when someone signs up at Gold Level. They must pass-up all Platinum members to you until they become a qualified Platinum Team Leader. You get to keep all passed up team members.)

So there you have it!!! AND you can TRY IT FOR FREE!!!!!

CLICK HERE!

 




moneytrain

From: moneytrain
07/23/2008
Welcome and the best wishes in your real estate investing. I'm also a newbie, but we have to start somewhere. There are many people who will give you a lot of negativity, but stay positive and stick with it.

Your Ad Here