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www.localmentor.com Colorado Real Estate Investing Expert, Michael Jake, discusses the strategies for buying houses "subject to" and controlling houses with lease options. For more real estate investing training on foreclosures, creative real estate investing, subject to, lease options, owner financing and no money down investing techniques - and to claim your free real estate investing course visit http
Posted on 28 August '10 by admin, under Investing advice. No Comments.
www.localmentor.com Get more Flipping Houses training resources here for FREE. In this video I show you a house I just bought on Friday. Retail Value is 5000, Purchase Price was 6500. Repairs needed New mini-blinds, remove wallpaper, repaint interior, replace deck boards, repait exterior trim and deck, update some fixtures, replace the downstairs carpet - totalling around 00. Very light rehab numbers. We'll sell this for around 5k, less 5% commissions = 270750 - less 7000 rehab - less 206500 purchase price = 250 Profit before taxes. Split 50/50 with my lender = 28625 profit before taxes. I goofed in the video and said 28k AFTER taxes - that is BEFORE Taxes.
Posted on 29 March '10 by admin, under Investing advice. No Comments.
www.localmentor.com Colorado Real estate investment expert, Michael Jake, teaches zero down investing techniques. Learn foreclosures, short sales, subject to, land contracts, owner financing and other creative real estate financing structures. Free Colorado real estate investing course teaches you how www.localmentor.com
Posted on 4 November '09 by admin, under Investing advice. No Comments.
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