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******UPDATE
This deal has already been assigned. If you are interested in a similar deal contact me. These are limited opportunities.

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I have a real estate investment deal in hand, ready to go now. This is a high end home construction deal located in Conroe, TX.

Time frame is 12 months max and it is structured so you get paid twice. First payout is at the initial pre-build closing and second at the sale of the property. The exit strategy is to discount the property to an investor... continue reading >>

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This is a non real estate related BLOG.

I'm in New York visiting with family and friends and I'll be driving back to Houston on June 7th. I won't actually make it to Houston until the 13th. Its a bit random but if any fellow real estate investor has something that need transport from New York to Texas let me know. I can take anything from cars to packages to grand mothers.. Just please no ticking mystery boxes that I can't look in.. :-)

I know its random but asking is what creates the adventure..
... continue reading >>

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Ever since the subprime market fell out the sheer number of real estate deals has just skyrocketed. I’m on mailing lists as an investor for about 10 people that constantly feed me real estate deals. On average I was receiving anywhere from 10-20 deals per month. Now that has all changed! I’m still using the same bird dogs but since January alone I’m getting anywhere from 40-50 deals coming across my electronic desk every month and it keeps increasing.

At first glance this looks pretty bad for the real estate market in general.... continue reading >>

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The department of housing and urban development (HUD) no longer sells homes to individual homebuyers for $1. Instead, it has begun selling homes to local government for $1 each to create housing for families in need and to help revitalize neighborhoods. Under this new $1 home initiative program, single-family homes that are acquired in foreclosure auctions are eligible for sale to local governments around the nation for $1 each whenever the FHA is unable to sell the homes for six months. More than 1.000 homes are initially eligible for sale to local governements under the program, and additional homes become... continue reading >>

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Get the edge in the pre-foreclosure market by having the all the data at your finger tips.

I have the harris county pre-foreclosure list in electronic format. There are over 1300 this month. Formats available are excel, cvs, or access. Includes all the information you need on the property, owner, and financials. See the sample data from March.

Email me if you are interested in purchasing a copy.

I can also provide skip trace service to you.

Data sheet is $20.
Skip Trace is $4 per person.

SAMPLE DATA:

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I just come across so many deal that I have to let most of them go.  I see all those potential profits get flushed down the drain, homes go to foreclosure and it just makes me a little sad.  Makes you wish that you could makes clones of yourself sometimes.  

So I've decided to put some of the deals up here that way they the REI community can have a crack at them before they are lost forever.

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This rehab deal came across my desk today. I've already analyzed it, pulled comps and I believe its a good money maker. I have a PDF package available. I cannot take advantage because I'm maxed out with work.

4628 KERMIT ST
HOUSTON, TX 77009

Income: $225,000
ARV: $225,000+ (Low comps)

Expenses: $184,267
Purchase Price: $135,000
Closing Costs: $1,669
Holding Costs: $12,598
Rehab Quote: $35,000

Strategy:
Rehab + Double Close

Time Line:
2 Months

Profit: $40,733
Gross margin after financing: $40,733

*Note tax benefits are not added into the potential... continue reading >>

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This rehab deal came across my desk today. I've already analyzed it, pulled comps and I believe its a good money maker. I have a PDF package available. I cannot take advantage because I'm maxed out with work.

21634 PARK VALLEY DR
KATY, TX 77450
SRF - 3/2/0 - 1832ftsq

Income: $129,000
ARV: $129,000 (Low comps)

Expenses: $112,000
Purchase Price: $88,900
Closing Costs: $1,232
Holding Costs: $7,868
Rehab Quote: $14,000

Strategy:
Rehab + Double Close

Time Line:
2 Months

Profit: $17,000
Gross margin after financing: $17,000

*Note tax benefits are... continue reading >>

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This rehab deal came across my desk today. I've already analyzed it, pulled comps and I believe its a good money maker. I have a PDF package available. I cannot take advantage because I'm maxed out with work.

14210 CELLINI DR
Cypress, TX 77429
SRF - 3/2/0 - 1660ftsq

Income: $115,000
ARV: $115,000 (Low comps)

Expenses: $99,324
Purchase Price: $78,000
Closing Costs: $1,144
Holding Costs: $7,180
Rehab Quote: $13,000

Strategy:
Rehab + Double Close

Time Line:
2 Months

Profit: $15,676
Gross margin after financing: $15,676

*Note tax benefits are not added... continue reading >>

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This wholesale deal came across my desk today. I've already analyzed it, and I believe its a good money maker. I have a similar property in the same area which has been steadily appreciating. I cannot take advantage because I'm maxed out with work.


2819 Rosedale
Houston, TX 77004
Duplex - 6/3/0 - 2,767ftsq

Income: $265,000
ARV: $265,000

Expenses: $236,750
Purchase Price: $230,000
Closing Costs: $6,750
Rehab Quote: $0

Strategy:
Wholesale flip

Time Line:
Depends on your marketing.

Profit: $28,250
Gross margin after financing: $28,250

Property Description:
INCOME PRODUCING... continue reading >>

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