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(Moderators:
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Selling rehab packages
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Topic: Selling rehab packages (Read 706 times)
rehabbersunlimited
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Posts: 12
Selling rehab packages
«
on:
November 15, 2009, 10:32:51 AM »
Hi, I am a general contractor who has been in and out of investing for about 7 yrs now. I currently have a duplex that I am trying to to sell and I need to find a way to reach more potential buyers. Does anyone know any websites where I could list my rehab packages on.These are complete packages and include the rehabbing of the properties.I only have one available at the moment but more will be coming soon.
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koehler
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Re: Selling rehab packages
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Reply #1 on:
November 16, 2009, 10:36:57 AM »
Try to explain what you are proposing to do a little more... I am not sure what you mean by "packages"
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rehabbersunlimited
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Re: Selling rehab packages
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Reply #2 on:
November 18, 2009, 02:33:23 PM »
These are properties that I find, estimate what needs done and cost, then sell them as a package deal. I can also handle the rental management after the sale. I use what I call the 5 yr rule when looking at these properties. Say you have a property and purchase and repair is $60,000 , that property needs to rent for $1,000 per month. Making the property pay for itself in 5 yrs.
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RonH
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Re: Selling rehab packages
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Reply #3 on:
November 18, 2009, 03:30:53 PM »
So you are looking for cash buyers?
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Ron Hollingsworth
Phoenix Wholesale Properties
480-766-8873
rehabbersunlimited
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Posts: 12
Re: Selling rehab packages
«
Reply #4 on:
November 24, 2009, 10:11:24 PM »
Yes, as I do not own these properties just assigned to manage them and sell them if need be. Basically, the estimate for repairs and that amount is what I am in this for. I am a contractor, real estate is a hobby of mine and I came across a couple who really got in too deep with a property. The one I have for sale right now. They purchased it the way I see alot of people do anymore, over the internet sight unseen!!
. Well the repairs are alot higher than they anticipated so they mentioned selling it and asked me if I wanted to try and sell it,so I am trying to sell it as a package deal with the renovations included. And the 5 yr rule above makes it a great investment
Hopefully I can find more properties in the area and get some more deals in the works.
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(Moderators:
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Mdhaas
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motivatedceo
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Selling rehab packages
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