Monthly Archives: January 2015

High ROI Turnkey (All Done For You) Single Family Income Producing Homes Immediately Available – Buy One, Ten or More

3-2-2  turnkey residential home 1 All our turnkey properties are 3 bedroom, 2 baths and most have 2 car garages. All are renovated so little or no worries about an unexpected maintenance expense anytime soon. If you are buying one, we can get this done in couple of weeks. If you want to buy 100, that will take a little longer as each home is personally selected and inspected by our team.

What Does Turnkey Mean?

The word Turnkey generally applies to rental properties where every step of the process is done for you. In our business model we select for you only single family homes. “Do It All For You” is the real estate model that most everyone wants. In fact even those real estate investors who have been in the business of finding and managing properties themselves, begin to understand there is a better way.

Do it all for you means all but the final decision to purchase is done for you. The property is selected based on your investment criteria, any repairs needed are made, a qualified tenant is found, your investment is protected by a very experienced property management team. Most importantly you will have all the information needed to make a final decision to buy including knowing the net cash flow you can expect from your investment.

Pay Cash or We Will Help With the Right Financing Solution for You With One of Our More Than 50 Lenders

Generally count on 20% down and our average purchase price is in the range of $95,000 to $140,000. You can expect at least a 10% net return net on your money and often this is higher depending on your buying criteria. You will have all the data you need for your decision.

Confirming

You Are The 100% Owner of The Property Once It Is Purchased

The Support Systems and People In Place Are Very Experienced. The Closer You Look, The Better They Look.

Next Steps 

1. For most who are interested in buying one home, please click here, watch the video and then get started by completing the Free GAME PLAN.

1. If you are a bulk buyer, please contact me immediately. Please be ready with the number of properties you want and proof of funds.

Direct Contact Information

Steve Pohlit
Email
Ph 727-587-7871

Looking for Private Lender and JV Equity Partner. In Contract, St Petersburg Florida, Great Profit – Check Out The Rendering And Numbers

St Petersburg Florida This is the rendering of the property in contract It is located in St Petersburg , Florida 15 minutes from the Gulf Beaches , 15 minutes from Tropicana Field and downtown St Petersburg. 25 minutes from downtown Tampa One block away from Crescent Lake. Amazing property and location

ARV $620,00

4 beroom
4 bath
3 car garage
3200 sq ft when renovation is finished.

Requesting a Hard Money Loan for $390,000 and JV Equity Partner for $70,000

Hard Money Loan Terms: 3 points 12%

JV Profit Share – Projected at 28% in 4 months or less.

Key Success Factors

Very experienced real estate investor who is personally managing this project.  Another key success factor is the contractor who is incredible and has a wonderful track record for delivering a great product that sell fast for top dollar.

JV Equity Partners

You will enjoy working with our team. We are experienced, we know the project controls that are important to you and the communication as to project progress.  Of course you are going to enjoy your portion of the profit share.

Lenders Please Note:

The LTV is 62%  You will be in first secured position.  We will bring $45,000 cash to the deal. If you are comfortable with a higher LTV that is great. We will provide you with all of our analysis including detailed renovation plan and budget as well as access to our market expert who support our conservative ARV.

We are interested in working directly with the decision maker who is experienced with residential buy fix and flips as we know they can decide very quickly if this is a deal they will close or not.

Money Brokers

You are welcome to pitch this deal to lenders who you personally know who will be very interested in funding this deal.  That should be two or possibly three resources.  Do not pitch this to some mass mailing list. We will provide all the information you need . Do not ask us to complete an application process.  Finally your fee, comes from the lender or JV Equity partner. The above numbers  are  net to this deal. The points and interest are what we will pay.

Time Is Of The Essence

We have a 10 day due diligence process after which our deposit goes hard. That due diligence ends January 17th   This is an excellent deal that took us many weeks to get into contract with the bank selling it.

Lenders and JV Partners Ready To Commit Contact Me  Now

Own This Home – Cash Buyer Save $$$ buying now   Select cabinets, flooring paint, kitchen and bath fixtures. 

Call Steve Pohlit, Managing Partner
727-587-7871
Email 

Steve Pohlit, Managing Partner

In Contract, Seminole Florida, Great Profit – Check Out The Rendering And Numbers – Looking for Lender and JV Equity

Seminole Florida  This is the rendering of the property in contract It is located in Seminole, Florida about 10 minutes from the Gulf Beaches  ARV $360,00 3 bedroom, 3 bath 2 car garage 2,000 sq ft when done. Very large screen in porch not counted in sq footage. Very secluded and quiet.

Requesting a Hard Money Loan for $230,000 and JV Equity Partner for $45,000  

Hard Money Loan Terms: 3 points 12%

JV Profit Share – Projected at 28% in 4 months or less.

Key Success Factors

Very experienced real estate investor who is personally managing this project.  Another key success factor is the contractor who is incredible and has a wonderful track record for delivering a great product that sell fast for top dollar.

JV Equity Partners

You will enjoy working with our team. We are experienced, we know the project controls that are important to you and the communication as to project progress.  Of course you are going to enjoy your portion of the profit share.

Lenders Please Note:

The LTV is 62%  You will be in first secured position.  We will bring $45,000 cash to the deal. If you are comfortable with a higher LTV that is great. We will provide you with all of our analysis including detailed renovation plan and budget as well as access to our market expert who support our conservative ARV.

We are interested in working directly with the decision maker who is experienced with residential buy fix and flips as we know they can decide very quickly if this is a deal they will close or not.

Money Brokers

You are welcome to pitch this deal to lenders who you personally know who will be very interested in funding this deal.  That should be two or possibly three resources.  Do not pitch this to some mass mailing list. We will provide all the information you need . Do not ask us to complete an application process.  Finally your fee, comes from the lender or JV Equity partner. The above numbers  are  net to this deal. The points and interest are what we will pay.

Time Is Of The Essence

We have a 10 day due diligence process after which our deposit goes hard. That due diligence ends January 12th   This is an excellent deal that took us many weeks to get into contract with the bank selling it.

Lenders and JV Partners Ready To Commit Contact Me  Now

Own This Home – Cash Buyer Save $$$ buying now   Select cabinets, flooring paint, kitchen and bath fixtures. 

Call Steve Pohlit, Managing Partner
727-587-7871
Email 

Steve Pohlit, Managing Partner

How To Profit With The Properties On The Monthly Bank Owned Property List

Bank Owned Properties Monthly Bank Owned Property List Explained 

First the monthly bank owned property list is the inventory of residential homes by city and state that are currently owned by banks that have decided to release them to market for fast sale.  In many cases they have been on the MLS, you may find them on Zillow and you may find them on auctions sites.  However, they have not sold so the banks are moving them out through a bid process.

The Good News 

The price presented on the list by the banks is not what you need to bid.  Our experience to date is bid in the range of 40-60% of the price on the list has a good chance of winning.  Bidding on multiple properties increases your chance of a successful bid.

The Reality of This Process

It takes work – due diligence is a process and there are no shortcuts.

You must move fast – normally you have about a week to evaluate the deals an make a decision

It is important to have all the cash required for your bid.  As part of our program you will need 50% of your bid amount plus $2,000 buyers premium for each property where you want to submit a bid.

Do We Distribute The Entire List Upon Request? 

We distribute the entire list to our business partners and mentoring students.  Each understand the process and have agreed to abide by the rules for sharing this information. If you are not in a partner or student we will send you the properties for your city once you represent you will not distribute the information, you are qualified to complete the due diligence process and you are a cash buyer.  We recommend having a minimum of $30,000 available for the bidding process.

Can I Bid On The Entire List?

The recent list price value of all the properties on the last two months lists were approximately $44 million. For those interested in placing a bid for the entire list we will work with you to complete the process. You will need to provide proof of funds for $25 million.  The total you bid could be less than that depending on the mix of homes.

Are All The Properties on The List Single Family Homes?

Some of the properties are condos and some of the single family homes are manufactured homes. The majority of the homes are single family home in a range of sizes.

I Am Interested – What Is The Next Step?

Contact me by email ( Click Here To Email ) and please provide the following

1. Include in the subject lint ” Important – Send Bank Owned Properties ”
2. In your message confirm you are a real estate investor experienced in doing residential property due diligence.
3. Confirm you are a cash buyer and have access to a minimum of $30,000

Be Sure To Register On The Right of This Page for Our VIP Mailing List  

Finally – Is This Worth It?

When you have a buyer beware mindset and act fast there are opportunities for very good returns especially if you have experience as a flipper and wholesaler.  Your chances improve if you are able to acquire more than one deal at a time.  However, we are unique in the market because we do accept bids for one property at a time.

“Your Success Is Our Business”

If this catches your attention I look forward to hearing from you

Steve Pohlit, Managing Partner 
Email 
Ph 727-587-7871

Steve Pohlit, Business and Real Estate Coach, Consultant, Real Estate Investor. Published Author, Professional Speaker