Wholesale list from John Skaggs
NOW at last here is my list of available bargain properties.
YES all these opportunities are marked down at least 35% for you!!!
YES existing property management is already in place for all these properties, but you don’t have to use them.
Your next money making investment could be…
#1
2945 Watson Memphis TN (38118) is a fantastic rental property and it’s already rented for $825/mth by a tenant who has had the same job for 15 years. (That’s job security) It’s a 4/2 in a very stable neighborhood, which is showing signs of really great appreciation, because the vast majority of recent home sales have been to retail homeowners, who are paying top $ and not landlords (who would be buying for pennies on the dollar like you). This home should appraise for $85,000.00 and best of all right now I’m wholesaling this to you for only $55,500. (That’s .65cents on the dollar. You save 35% and your lender will be pleased).
*your results should be…
$264 positive monthly cash flow and $30,000 in equity!!!
This house is rented for $825/mth. I estimate your note to be $561/mth PITI(100% X 8%).
This is a golden opportunity to cash in on the buy and hold strategy. This home will probably appraise close to $95k 3 years down the road, so you could make a bundle of $ if you sell it 3 years later.
BUY IT TODAY!!!
Call John Skaggs @ (901) 212-7246 to take advantage of this discount investment.
And that’s not all; we have another low cost investment opportunity for you…
#2
4731 Royal pine Memphis TN 38128. Is a comfortable brick 3/1. This house will appraise for at least $65,000.00 and I'm wholesaling it to you for $43, 500.00 that’s an easy savings of about 35%. The owner is willing to manage the property, and it will rent for $700/m.
I estimate your note to be around $475/m. So your cash results on this deal look like you'll have $225/m cash flow and better than $21,000 in equity.
ACT NOW!!!
Call John Skaggs @ (901) 212-7246
#3
Now best of all here are 8 duplexes in Memphis TN at better than 40% off. A cash cow!!!
You should take advantage of this offer while it last!!!
Total estimated appraised value of all 8 properties = $725,000.00
Total purchase price of all 8 properties = $436,000.00
Total reasons you want this deal = $289,000.00 in equity!!!
Total cash flow/m = $2,999.00
--mgmt cost of $758/m= $2,241.00
--misc cost of $400/m= $1,841.00
$1,841 = estimated actual total monthly cash flow after all expenses.
Please call John Skaggs @ (901) 212-7246
Here are the properties:
5725-5727 Myers, (38115) is an occupied 3/2 on each side. One side is paying $671/m the other is paying $675, for a total of $1346/m. This house should appraise around $120k.
I estimate your note to be $946 PITI, which will give you $400/m Positive cash flow.
2946-2948 Grenadier, (38127) is a vacant duplex, which does need some minor rehab. Each side is a 2/1 and will rent for $470/m and once fixed up I estimate an appraised value of $70k. Your note should be around $600/m PITI (100% X 8%) which will give you $340/m Positive cash flow
2958-2960 Grenadier (38127) is a vacant duplex, which does need some minor rehab. Each side is a 2/1 and will rent for $470/m and once fixed up I estimate an appraised value of $70k. Your note should be around $600/m PITI (100% X 8%) which will give you $340/m Positive cash flow
3214-3216 Forest Glen ( 38118) is a vacant duplex that is rent ready. Each side is a 2/1.5 and has an estimated appraised value of $80,000. Each side will rent for $495/m and your note should be around $675/mPITI (100% X 8%), leaving you $315/m positive cash flow.
3220-3222 Forest Glen (38118) ½ occupied is a 2/1.5 on each side and has one side rented now @ $495/m, the other side is vacant and should rent for the same amount. It has an estimated appraised value of $80,000. Each side will rent for $495/m and your note will be around $675/mPITI (100% X 8%), leaving you $315/m positive cash flow.
3190-3192 Forest Glen (38118) occupied is a 2/1.5 on each side and has one side rented now @ $550/m, the other side is rented @ $425/m. It has an estimated appraised value of $80,000. Your total rents are $975, but one side could be raised. Your note will be around $675/mPITI (100% X 8%), leaving you $300/m positive cash flow.
5478-5480 Flowering Peach (38115) is a vacant duplex. Each side is a 3/2 and will rent for $685/m. the owner used to get 715/m(on one side) but they moved out. This duplex has an estimated appraised value of $125,000 And your note should be $965/m leaving you $405 positive monthly cash flow.
681-683 Tillman (38112) is an occupied duplex. Each side is a 1/1. One side is rented for $230 the other for $210. It has an estimated appraised value of $50,000!!
749-751 N. Mansfield (38107) is ½ occupied and a 1/1 on both sides. One side is rented for $242 the other should rent for the same thing. It has an estimated appraised value of $50k
**I can provide contact information for any service you need for any of these properties. Or you can use the existing NEW management company. If you are interested in this complete package at a substantial savings, act now and Please call John Skaggs @ (901) 212-7246
